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HomeMy WebLinkAbout7. Resolution 1991CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1991- A RESOLUTION APPROVING THE 1992 GENERAL OPERATING BUDGETS, THE 1992 - 1996 CIP BUDGET AND THE 1992 LEVY REQUIRED BY THE CITY OF ROSEMOUNT WHEREAS, the City Council of the City of Rosemount has determined that Budgets and Special Needs for the year 1992 will be in the amount of $3,507,108; and WHEREAS, the City Council has determined that Special Levies for Bonded General Obligation Debt(including Equipment Certificates), and the Armory Project total $553,956; and WHEREAS, the City Council has determined that actual incomes, fund transfers and anticipated aids(including Local Government Aid) will total $1,312,951; and WHEREAS, the City Council has determined that Special Levies for Bonded Indebtedness and Armory Bonds of $553,956 are outside the Levy Limit; and WHEREAS, the City Council has been advised that the Levy Limit for 1992 for the City of Rosemount is $2,194,157. NOW, THEREFORE BE IT RESOLVED, that the total levy certified to the Dakota County Auditor shall be $2,748,113; and BE IT FURTHER RESOLVED, that $2,194,157 of this levy is subject to the levy limit; and BE IF FURTHER RESOLVED, that departmental budget figures shall be line item budget amounts as indicated as Exhibit,I of this - -- - resolution; and BE IT FURTHER RESOLVED, that the 1992 through 1996 (Five Year CIP Program) as indicated as Exhibit II of this resolution is made part of the 1992 budget package. ADPOTED this 5th day of December, 1991. Vernon J. Napper, Mayor ATTEST: Susan M. Walsh, City Clerk Motion by: Seconded by: Voted in favor• Voted against•