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HomeMy WebLinkAbout06-146 - ADMIN Resolution - City Council - 2006/09/05RESOLUTION NO. 06-146 RESOLUTION APPROVING PROPOSED 2007 TAX LEVY, APPROVING PRELIMINARY BUDGET FOR 2007, 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 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 2007 budget shall be as follows: Revenues' Ependitures General Property Taxes $ 16,859,324 General Govemment Licenses and Permits 2,622,500 Administrative/Legislative 994,414 Intergovernmental 1,686,178 Communications & marketing 219,231 Charges for Services 2,124,549 Community Outreach 124,293 Fines, Forfeits and Penalties 309,600 Human Resources 569,212 Investment Earnings 300,660 Technology and Support Services 1,506,837 Miscellaneous 935,061 Finance 1,062,107 Transfers In 2,761,250 Community Development 1,027,771 Facilities Maintenance 1,120,726 TOTAL REVENUES: $ 27,599,122 Total General Government 6,624,591 Public Safety Police 6,687,106 Fire Protection 2,758,322 Inspectional Services 1,791,444 Total Public Safety 11,236,872 Department of Public Works Public Works Administration 801,387 Engineenng 747,102 Operations 2,297,378 Total Public Works 3,845,867 Park & Recreation Organized Recreation 1,223,654 Recreation Center 1,320,800 Park Maintenance 1,369,089 Westwood 452,235 Environment 277,112 Vehicle Maintenance 1,004,234 Total Park & Recreation 5,647,124 General & Contingency 180,000 TOTAL EXPENDITURES: $ 27,534,454 Net Revenue Over (Under) Expenditures $ 64,668 Resolution No. 06-146 -2- And as supported by the proposed budget document, and BE IT FURTHER RESOLVED, that the Public Hearing required by Truth in Taxation legislation will be held on December 4, 2006; 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 for collection in 2007 upon the taxable property in said City of St. Louis Park for the following purposes: General Fund $ 13,263,103 Park and Recreation Fund 3,596,221 Park Improvement Fund 1,010,000 Pavement Management 415,000 GO Debt Service 1,341,800 Total $ 19,626,124 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 esota as required by law. Revi - d for Administration ///111101 Cit ;Ta ager Attest: City Clerk Adopted by the City Council September 5, 2006 Mayor