HomeMy WebLinkAbout11-144 - ADMIN Resolution - City Council - 2011/12/19RESOLUTION NO. 11-144
RESOLUTION ADOPTING THE 2012 BUDGETS AND
AUTHORIZING THE 2012 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 2012 Budgets are adopted as presented in the 2012 budget document; and
General Fund and Park & Recreation
Summary of Budgeted Revenues
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
Total Gen. and Park and Rec. Rev.
20112012 Dollar % Change
Adopted Proposed Change Final to '12
$ 19,426,633 $ 20,169,798 743,165 3.83%
2,352,510 2,375,399 22,889 0 97%
1,213,839 1,232,579 18,740 1.54%
2,247,891 2,341,104 93,213 4.15%
328,200 328,150 (50) -0.02%
200,000 125,000 (75,000) -37 50%
1,057,300 1,095,150 37,850 3 58%
2,589,876 2,053,003 (536,873) -20.73%
$ 29,416,249
$ 29,720,183
303,934
1.03%
Resolution No. 11-144 -2-
General Fund and Park & Recreation
Summary of Budgeted Expenditures
Total General Government
Total Public Safety
Total Public Works
Total Park & Recreation
Total Non -Departmental
Total General & Park Funds
2011 2012 Dollar % Change
Adopted Proposed Change Final to '12
6,641,622
12,236,152
4,226,014
6,132,462
180,000
6,780,392
12,509,994
3,921,989
6,327,808
180,000
138,770
273,842
(304,025)
195,346
2.09%
2.24%
-7.19%
3 19%
0.00%
$ 29,416,250 $ 29,720,183 303,933 1.03%
Resolution No. 11-144 -3-
0 Enterprise, Internal Service, Special Revenue and Select Capital Project Funds
Summary of Budgeted Revenues and Expenditures
2011 2012
Adopted Proposed
HRA Levy Fund
Total HRA Levy Revenues $ 1,155,888 $ 1,053,574
Total HRA Levy Expenditures 36,000
Cable TV Fund
Total Cable TV Revenues 555,000 541,692
Total Cable TV Expenditures 619,340 697,422
Development Fund
Total Development Fund Revenues 1,010,892 1,001,676
Total Development Fund Expenditures 849,393 1,463,077
CDBG Fund
Total CDBG Revenues 206,000 186,000
Total CDBG Expenditures 205,681 199,382
Housing Rehabilitation Fund
Total Housing Rehab Revenues 1,100,000 1,059,389
Total Housing Rehab Expenditures 1,273,015 1,218,267
Water Utility Fund
Total Water Revenues 5,312,894 6,198,734
Total Water Expenses 4,465,990 4,667,224
Sewer Utility Fund
Total Sewer Revenues 5,358,033 5,930,858
Total Sewer Expenses 5,306,726 5,745,246
Solid Waste Utility Fund
Total Solid Waste Revenues 2,894,000 2,972,000
Total Solid Waste Expenses 2,829,735 2,860,335
Storm Water Utility Fund
Total Storm Water Revenues 1,993,698 2,064,655
Total Storm Water Expenses 2,187,698 1,708,035
Employee Administration Fund
Total Employee Benefits Revenues 59,000 217,722
Total Employee Benefits Expenses 614,000 544,000
Uninsured Loss Fund
Total Unmsured Loss Revenues 37,000 58,000
Total Uninsured Loss Expenses 184,495 170,898
Resolution No. 11-144 -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 2011, collectible in
2012 upon the taxable property in said City of St. Louis Park for the following purposes:
2012
FINAL TAX LEVY
2012 TAX CAPACITY BASED TAX LEVY
General Fund and Park & Recreation Fund $20,169,798
Park Improvement Fund 810,000
Capital Replacement Fund 438,300
Pavement Management Fund 315,000
Debt Service 1,929,629
Employee Administration Fund 100,024
TOT
Reviewed
12 TAX CAPACITY BASED TAX LEVY
i,
City Manager I Mayo
istration:
$23,762,751
Adopted by the City Council December 19, 2011
Attest:
City Clerk