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HomeMy Public PortalAbout2004-076 Resolution Approving 2005 Final BudgetMember Smith introduced the following resolution and moved its adoption. CITY OF MEDINA RESOLUTION NO.04-76 RESOLUTION APPROVING 2005 FINAL BUDGET Be it resolved by the city council of the City of Medina, County of Hennepin, Minnesota, that the following sums of money be approved for the 2005 budget: Revenues* Expenditures General Fund $2,761,110 $2,761,110 Special Revenue Funds $ 168,320 $ 278,000 Debt Service Funds $ 86,000 $ 57,750 Capital Project Funds $ 519,500 $ 777,500 Water Fund $ 272,850 $ 278,857 Sewer Fund $ 252,700 $ 277,498 *Does not include transfers from reserve funds for 2005 capital projects to be used to meet budgeted expenditures. Be it also resolved by the city council of the City of Medina, County of Hennepin, Minnesota, that the Capital Improvement Plan (CIP) be accepted for 2005: 2005 CIP $2,318,000 Date of Adoption: December 21, 2004 'lip Zietlow, Mayor ATTEST: Chad M. Adams, City Administrator -Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Weir and upon vote being taken thereon, the following voted in favor thereof: Workman, Weir, Smith and the following voted against same: Zietlow, Brinkman Whereupon said resolution was declared duly passed and adopted. Resolution No. 04-76 December 21, 2004 1