HomeMy WebLinkAbout03-182 - ADMIN Resolution - City Council - 2003/12/15RESOLUTION NO. 03-182
RESOLUTION APPROVING 2003 TAX LEVY COLLECTIBLE IN 2004,
ADOPTING BUDGET FOR 2004,
AND REVISED BUDGET FOR 2003
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 property tax
levy and a budget on or before December 25th of each year; and
WHEREAS, the City Council has received the budget document;
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of St. Louis
Park that the 2003 revised budget is approved and the 2004 budget for all Governmental Funds,
(including Economic Development Authonty Funds), Enterprise Funds and Internal Service
Funds shall be as follows.
AVAILABLE RESOURCES:
Revenues:
General Property Taxes
Tax Increment Revenue
Licenses and Permits
Integovernmental
Charges for Services
Fines, Forfeits and Penalties
Enterprise
Miscellaneous
Investment Earnings
Transfers In
Total Revenue
Fund Balance/Reserves - Janus
Total Available
$ 16,866,840
4,466,054
2,137,400
2,759,650
3,177,010
298,000
9,295,246
3,153,047
1,643,288
9,665,867
$ 53,462,402
99,613,652
$ 153,076,054
REQUIREMENTS:
Appropriations:
Personal Services $ 20,177,879
Supplies, Services and Other ChargE 23,029,338
Capital Outlay 3,487,049
Transfers Out 9,215,867
Total Appropriations
Fund Balance/Reservices - Dec 31
Total Available
and as supported by the 2004 budget document; and
$ 55,910,133
97,165,921
$ 153,076,054
BE IT FURTHER RESOLVED, a Public Hearing on this budget was held on
December 1, 2003; and
Resolution No. 03-182 -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 2003, collectible in
2004 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
$12,002,318
2,555,824
927,473
838,100
$ 16,323,715
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
M -sota as required by law.
eviewe
for Administration:
City
Attest:
CCE!erk
Adopted by the City Council December 15, 2003
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