HomeMy Public PortalAbout2006-090 Resolution Approving 2007 Final BudgetMember Cavanaugh introduced the following resolution and moved its adoption.
CITY OF MEDINA
RESOLUTION NO.2006-90
RESOLUTION APPROVING 2007 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 2007 budget:
Revenues* Expenditures
General Fund $3,780,750 $3,780,750
Special Revenue Funds $ 392,600 $1,599,000
Capital Project Funds $ 575,000 $1,728,686
Water Fund $ 644,611 $ 975,215
Sewer Fund $ 320,000 $ 400,100
*Does not include transfers from fund reserves for 2007 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 2007:
2007 CIP $2,445,200
Date of Adoption: December 19, 2006
Attest:
A/(
Chad M. Adams, City Administrator - Clerk
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Carolyn A. S16liith, Acting -Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member Weir
upon vote being taken thereon, the following voted in favor thereof
Weir, Smith, Cavanaugh
And the following voted against same: (Absent: Brinkman, Workman)
None
Whereupon said resolution was declared duly passed and adopted.
Resolution No. 2006-90
December 19, 2006
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