HomeMy WebLinkAbout10-162 - ADMIN Resolution - City Council - 2010/12/20RESOLUTION NO. 10-162
RESOLUTION ADOPTING THE 2010 REVISED GENERAL AND PARK AND
RECREATION FUNDS BUDGETS, 2011 BUDGETS AND
ADOPTING THE 2011 FINAL 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 property tax
levy and a budget in December 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 2010 Revised General and Park and Recreation Funds Budgets are adopted as
presented in the 2010 budget document and the 2011 Budgets are adopted as presented in the
2011 budget document; and
AVAILABLE RESOURCES
Gen. and Park and Rec. Rev.:
General Property Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines, Forfeits, and Penalties
Investment Earnings
Miscellaneous Revenue
Transfers In
Use of Fund Balance
General Fund and Park & Recreation
Summary of Budgeted Revenues
2010 2010 2011 Dollar % Change
Adopted Final Requested Change Final to '11
$ 18,904,477
2,301,043
1,677,566
2,205,918
311,750
200,000
1,021,400
2,583,625
51.000
$ 18,904,477 $ 19,426,633 522,156 2.76%
2,301,043 2,352,510 51,467 2 24%
1,670,006 1,213,839 (456,167) -27 32%
2,211,918 2,247,892 35,974 1 63%
311,750 328,200 16,450 5 28%
200,000 200,000 - 0 00%
1,021,500 1,057,300 35,800 3 50%
2,583,825 2,589,876 6,051 0 23%
51,000 (51,000) -100 00%
Total Gen. and Park and Rec. Rev. $ 29,256,779 $ 29,255,519 $ 29,416,250 160,731 0.55%
Resolution No. 10-162 -2-
General Fund and Park & Recreation
Summary of Budgeted Expenditures
2010 2010 2011 Dollar % Change
Adopted Final Requested Change Final to '11
Total General Government 6,620,121 6,550,070 6,641,622 91,552 1.40%
Total Public Safety 12,167,212 12,244,802 12,236,152 (8,650) -0 07%
Total Public Works 4,187,166 4,193,800 4,226,014 32,214 0.77%
Total Park & Recreation 6,102,280 6,086,166 6,132,462 46,296 0.76%
Total Non -Departmental 180,000 180,681 180,000 (681) -0.38%
Total General & Park Funds S 29,256,779 $ 29,255,519 $ 29,416,250 160,731 0.55%
Resolution No. 10-162 -3-
0 Enterprise, Internal Service, Special Revenue and Select Capital Projects Funds
Summary of Budgeted Revenues and Expenditures
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2010 2011
Adopted Proposed
HRA Levy Fund
Total HRA Levy Revenues $ 1,143,341 $ 1,155,888
Total HRA Levy Expenditures $ 1,700,271 $ 36,000
Cable TV Fund
Total Cable TV Revenues $ 600,000 $ 555,000
Total Cable TV Expenditures $ 576,415 $ 619,341
Development Fund
Total Development Fund Revenues $ 961,892 $ 1,010,892
Total Development Fund Expenditures $ 765,723 $ 849,393
CDBG Fund
Total CDBG Revenues $ 206,455 $ 206,000
Total CDBG Expenditures $ 206,455 $ 205,681
Housing Rehabilitation Fund
Total Housing Rehab Revenues $ 560,000 $ 1,100,000
Total Housing Rehab Expenditures $ 1,270,305 $ 1,273,015
Water Utility Fund
Total Water Revenues $ 3,872,766 $ 5,312,894
Total Water Expenses $ 5,182,472 $ 4,465,990
Sewer Utility Fund
Total Sewer Revenues $ 4,889,104 $ 5,358,033
Total Sewer Expenses $ 5,396,775 $ 5,306,726
Solid Waste Utility Fund
Total Solid Waste Revenues $ 2,687,930 $ 2,894,000
Total Solid Waste Expenses $ 3,803,132 $ 2,829,735
Storm Water Utility Fund
Total Storm Water Revenues $ 1,916,318 $ 1,993,698
Total Storm Water Expenses $ 2,618,098 $ 2,187,697
Employee Flex Fund
Total Employee Flex Revenues $ 55,000 $ 59,000
Total Employee Flex Expenses $ 553,000 $ 614,000
Uninsured Loss Fund
Total Uninsured Loss Revenues $ 47,000 $ 37,000
Total Uninsured Loss Expenses $ 134,850 $ 184,495
Resolution No. 10-162 -4-
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 2010, collectible in
2011 upon the taxable property in said City of St. Louis Park for the following purposes:
2011
FINAL TAX LEVY
2011 TAX CAPACITY BASED TAX LEVY
General Fund and Park & Recreation Fund $20,094,172
Park Improvement Fund 1,519,000
Capital Replacement Fund 338,300
Pavement Management Fund 415,000
Debt Service 996,995
TOTAL 2011 TAX CAPACITY BASED TAX LEVY
Revie ed or Administration:
City
Attest:
City Clerk
$23,363,467
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Adopt by the C. Council December 20, 2010
I A\ III
Mayor Y !