RES 14-13CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2014-13
RESOLUTION ADOPTING 2014 OPERATING BUDGETS
WHEREAS, on December 9, 2013 the Otsego City Council held a public meeting at which
citizens were invited to comment on the proposed property tax levy and resulting operating
budgets for the 2014 fiscal year.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
OTSEGO, WRIGHT COUNTY, MINNESOTA THAT:
the following sums of money be allotted for the operation of City business in the various funds
of the City during the 2014 fiscal year as follows:
GENERAL FUND:
General Fund Revenues:
Property Taxes
Licenses and Permits
Intergovernmental Revenue
Charges for Service
Interest Revenue
Cable Franchise Fee
Other Revenues
Revenues
General Fund Expenditures:
General Government
Public Safety
Public Works
Culture & Recreation
Economic Development
Transfers
Expenditures
SPECIAL REVENUE FUNDS:
Storm Water In -District Fund Revenues
Storm Water In -District Fund Expenditures
Storm Water Out -of -District Fund Revenues
Storm Water Out -of -District Fund Expenditures
$ 3,273,715
40,100
316,611
65,650
100,000
105,000
143.736
$ 4,044,812
$ 1,159,519
1,309,250
1,015,740
482,602
11,790
65.911
$ 4.044,812
$ 73,800
$ 63,000
$ 25,000
$ 21,240
Street Light District Fund Revenues $ 26,700
Street Light District Fund Expenditures $ 13,880
Building Safety Fund Revenues $ 517,200
Building Safety Fund Expenditures $ 252,796
DEBT SERVICE FUND
Debt Service Fund Revenues $ 2,705,019
Debt Service Fund Expenditures $ 2,705,019
ENTERPRISE FUNDS
Water Fund Revenues $ 1,188,875
Water Fund Expenditures $ 1,328,202
Sewer Fund Revenues $ 1,233,900
Sewer Fund Expenditures $ 2,393,599
ADOPTED by the Otsego City Council this 10t` day of February, 2014.
MOTION made by Council Member Heidner and SECONDED by Council Member Schroeder.
IN FAVOR: Stockamp, Heidner, Darkenwald, Warehime, Schroeder
OPPOSED: None
ATTEST:
Tami Loff, City Clerk
CITY OF OTSEGO
myA • ,