HomeMy WebLinkAbout02-091 - ADMIN Resolution - City Council - 2002/09/03RESOLUTION NO. 02-091
• RESOLUTION APPROVING PROPOSED 2002 TAX LEVY, COLLECTIBLE IN 2003,
APPROVING PROPOSED BUDGET FOR 2003, REVISED BUDGET FOR 2002 AND
SETTING PUBLIC HEARING DATE FOR PROPOSED BUDGET AND PROPERTY
TAX LEVY
•
•
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 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 2003 budget for all Governmental Funds, Enterprise funds and Internal
Service funds shall be as follows:
AVAILABLE RESOURCES:
Revenues:
General Property Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines, Forfeits and penalties
Enterprise
Special Assessments
Miscellaneous
Transfer In
Total Revenue
Fund Balance/Reserves - Jan 1
Total Available
$ 14,539,587
2,231,550
4,219,984
3,500,156
295,000
9,147,660
146,216
3,420,156
5,991,029
REQUIREMENTS:
Appropriations
Personal Services $ 19,545,025
Supplies Services and other Charges 20,396,615
Capital Outlay 2,779,477
Transfer Out 1,474,520
$ 43,491,338 Total Appropriations
$ 72,018,748 Fund Balance/Reserves - Dec 31
$ 115,510,086 Total Available
And as supported by the proposed budget document, and
$ 44,195,637
$ 71,314,449
$ 115,510,086
BE IT FURTHER RESOLVED, that the Public Hearing required by Truth in Taxation
legislation will be held on December 2, 2002; 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 2002, collectible in 2003 upon
the taxable property in said City of St. Louis Park for the following purposes:
Resolution No 02-091 -2-
General Fund
Park and Recreation Fund
Park Improvement Fund
GO Debt Service
$ 11,261,021
2,763,323
182,485
329,400
Total $ 14,536,229
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 b the Cit Council September 3, 2002
V
A at 4.,
Ma or