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HomeMy WebLinkAbout99-103 - ADMIN Resolution - City Council - 1999/09/07RESOLUTION NO. 99-103 RESOLUTION APPROVING PROPOSED 1999 TAX LEVY, COLLECTIBLE IN 2000 AND APPROVING PROPOSED BUDGET FOR 2000 WHEREAS, The City of St Louis Park is required by Charter and State law to approve a resolution setting forth an annual tax levy to the Hennepin County Auditor, and WHEREAS, Minnesota Statutes currently in force require approval of a proposed property tax levy and a preliminary budget as well as dates for the initial and continuation public hearings on the proposed levy and budget on or before September 15th of each year, and WHEREAS, the City Council has received the proposed budget document, NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of St Louis Park that the preliminary budget for 2000 shall be as follows AVAILABLE RESOURCES Revenues: General Property Taxes 9,679,465 Business License Permits 331,000 Non -Business License Permits 1,053,600 Intergovernmental 6,565,632 Charges for Services 2,047,762 Fines, Forfeits, and Penalties 379,000 Enterprise 9,234,903 Special Assessments 105,621 Miscellaneous Revenue 1,785,040 Refunds and Reimbursements 4,905,872 Transfers In 2,068,979 Total Revenues 38,156,874 Fund Balance / Reserves -Jan 1 37,876,160 Total Available $ 76,033,034 Resolution No 99-103 -2- REQUIREMENTS Appropriations: Personal Services 18,848,396 Supplies, services and other charges 18,075,690 Capital Outlay 2,573,793 Transfers Out 2,068,979 Total Appropnations 41,566,858 Fund Balance / Reserves -Dec 31 34,466,176 Total Requirements $ 76,033,034 and as supported by the detailed proposed budget document, and BE IT FURTHER RESOLVED, that the dates for the public hearing on the proposed tax levy and budget is set for Monday December 6, 1999 at 7 30 p m in the Council Chambers of City Hall, and should a continuation hearing be required, that the date for the continuation hearing will be Monday, December 13, 1999 at 7 30 p m in the Council Chambers of City Hall, and BE IT FURTHER RESOLVED, that the City Council of the City of St Louis Park, Hennepin County, Minnesota, that the following sums of money be levied in 1999, collectible in 2000 upon the taxable property in said City of St Louis Park for the following purposes General Fund $ 7,620,277 Parks & Recreation Fund 1,893,384 Parks Improvement Fund 52,838 G 0 Debt Service 109,466 Total $ 9,675,965 BE IT FURTHER RESOLVED, that the City Clerk is hereby authorized and directed to transmit a certified copy of this resolution to the County Auditor of Hennepin County, Minnesota and to the Local Government Aids/Analysis Division, Department of Revenue, State of Minnesota as required by law Reviewed for Administration City Manager Attest Cit % Clerk Adopted' by the City Council September 7, 1999 ip,