HomeMy WebLinkAbout04-152 - ADMIN Resolution - City Council - 2004/12/20RESOLUTION NO. 04-152
RESOLUTION APPROVING 2004 TAX LEVY COLLECTIBLE IN 2005,
ADOPTING BUDGET FOR 2005, AND REVISED BUDGET FOR 2004
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 28th 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 2004 revised budget is approved and the 2005 budget for all Governmental Funds,
(including Economic Development Authority Funds), Enterpnse 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
$ 16,990,080
4,857,887
2,263,925
3,514,273
3,290,167
285,900
9,784,317
4,655,898
1,558,098
8,141,365
Total Revenue $ 55,341,910
Fund Balance/Reserves - Janua 110,171,271
Total Available $ 165,513,181
REQUIREMENTS:
Appropriations:
Personal Services $ 20,970,599
Supplies, Services and Other Charge 24,643,463
Capital Outlay 5,803,079
Transfers Out 8,141,365
Total Appropriations
Fund Balance/Reservices - Dec 31
Total Available
and as supported by the 2004 budget document; and
$ 59,558,506
105,954,675
$ 165,513,181
BE IT FURTHER RESOLVED, a Public Hearing on this budget was held on December 6,
2004; and
Resolution No. 04-152 -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 2004, collectible in 2005 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
$12,790,102
2,675,828
999,708
837,500
$ 17,303,138
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.
R
for Administration.
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■i11IM\
City Mana:er W
Attest:
C y Clerk
Adopted by the City Council December 20, 2004
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