Resolution - #86-163 - 09/30/1986

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Coun~J],~L~mber Schlueter introduced the following resolution and moved for ~i~ adoption: RESOLUTION #86-163 RESOLUTION t4STABLISHING BUDGET CALENDAR FOR 1987 BUDGET WIiEREAS, the United States Federal Code establishes certg~o ~,~,.:~de].ines that municipalities must follow in preparing budg,~t.~ thot include Federal Revenue Sharing entitlements; and W[(EREAS, the State of Minnesota Statutes establishes certziu ~ujdelines in regards to the last date that governmental onits ~5" :~bmit tax levies to the County Auditor; and WlilER. EA$, pursuant to Section 704 of the City Charter which ~lvi r'es that ~ budget development agenda be adopted; and WFEREAS, pursuant to Section 7 .06 .02 of the City Charte:c ~'l~ich requires that a summary of the budget be published in the F. itli, newsletter 14 days prior to Council adoption of the budget . NOW THEREFORE, BE IT RESOLVED BY TME CITY COUNCIL OF THE CITY OF RAMSEZ~ At, ORA COUNTY., STATE OF MINNESOTA, as follows: Aug~st, 1.986 City Staff prepares operational and capital outlay request for assembly of proposed 1987 budget. Review projected levels for 1987 budget revenues and other financing sources. 1-12, 1986 Match requested uses with projected available sources for preparing pro- posed discussion draft of the 1987 budget. !9, 1986 Publish notice of public hearing to be held on October 7 , 1986 to con- sider the 1987 budget including 1 987 Federal Revenue Sharing en- titlement funds. Notice must be published at least ten days before the public hearing. /:30 i~M,, :;ept,:~riber 23, ].986 Regular City Council meeting - Council action: 1) Adoption of 1987 budget develop- ment agenda; Resolution #86-163 Page 1 of 3