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HomeMy Public PortalAbout2007-081 Resolution Approving 2008 Final BudgetMember Weir introduced the following resolution and moved its adoption: CITY OF MEDINA RESOLUTION NO. 2007 - 81 RESOLUTION APPROVING 2008 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 2008 budget: Revenues* $ 4,158,825 $ 427,000 $11,077,382 $ 462,883 $ 5,672,246 $ 384,432 General Fund Special Revenue Funds Capital Project Funds Debt Service Funds Water Fund Sewer Fund Expenditures $ 4,158,825 $ 902,500 $14,876,828 $ 377,790 $ 5,790,179 $ 467,244 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 2008: 2008 CIP $15,014,500 Date of Adoption: December 18, 2007 T.M. Crosby, Jr. Mayor Attest: Chad M. Adams, City Administrator - Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Smith and upon vote being taken thereon, the following voted in favor thereof: Crosby, Smith, Weir, Johnson, Cavanaugh and the following voted against same: None Whereupon said resolution was declared duly passed and adopted. Resolution No. 2007-81 December 18, 2007