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HomeMy WebLinkAbout01-086 - ADMIN Resolution - City Council - 2001/09/04• • RESOLUTION NO. 01-086 RESOLUTION APPROVING PROPOSED 2001 'FAX LEVY, COLLECTIBLE IN 2002, APPROVING PROPOSED BUDGET FOR 2002, REVISED BUDGET FOR 2001 AND CANCELING 1987A GO DEBT LEVY WHEREAS, The City of St Lows 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 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 2002 budget for all Governmental Funds, Enterprise Funds and Internal Service Funds shall be as follows. AVAILABLE RESOURCES: Revenues: General Property Taxes Business License Permits Non -Business License Permits Integovernmental Charges for Services Fines, Forfeits and Penalties Enterprise Special Assessments Miscellaneous Refunds and Reimbursements Transters In Total Revenue Fund Balance/Reserves - January 1 Total Available $ 14,274,699 348,550 1,705,500 4,061,968 4,099,225 289,000 8,968,695 121,515 2,883,985 839,681 6,365,007 $ 43,957,825 36,605,510 $ 80,563,335 REQUIREMENTS: Appropriations: Personal Services $ 18,457,809 Supplies, Services and Other Chai 19,861,053 Capital Outlay 3,332,833 Transfers Out 1,546,629 Total Appropriations Fund Balance/Reservices - Dec 31 Total Available and as supported by the detailed proposed budget document; and $ 43,198,324 37,365,011 $ 80,563,335 BE IT FURTHER RESOLVED, that the requirement to hold a Public Hearing on this budget have been waived for budget year 2002, and Resolution No. 01-086 -2- 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 2001, collectible in 2002 upon the taxable property in said City of St Louis Park for the following purposes: General Fund Parks and Recreation Fund Parks Improvement Fund G.O. Debt Service Total and $11,018,025 2,745,974 179,160 327,500 $ 14,271,459 BE IT FURTHER RESOLVED, that the 1987A General Obligation tax levy previously certified to the County for collection is cancelled; and 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: Attest. Adopted by the City Council September 4, 2001