HomeMy WebLinkAbout12-125 - ADMIN Resolution - City Council - 2012/09/04RESOLUTION NO. 12-125
RESOLUTION APPROVING 2013 PROPOSED GENERAL AND PARK AND
RECREATION FUND BUDGETS, 2013 PRELIMINARY PROPERTY TAX LEVY, AND
SETTING PUBLIC HEARING DATE FOR THE 2013 BUDGET AND 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 require approval of a preliminary 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 2013 Budget shall be as follows:
2013
Preliminary
General and Park and Recreation Fund Revenues:
Property Taxes $20,752,156
Other General Revenues 7,112,173
Other Park & Recreation Revenues 2,156,302
Total General and Park & Recreation Fund Revenues $30,020,631
Expenditures:
Total General Government $ 6,881,975
Total Public Safety 12,621,345
Total Public Works 3,970,261
Total Non -Departmental 180,000
Total Park & Recreation $6,367,050
Total General and Park and Recreation Fund Expenditures $30,020,631
BE IT FURTHER RESOLVED that the Truth in Taxation Public Hearing will be held
on December 3, 2012; 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 2013
upon the taxable property in said City of St. Louis Park for the following purposes:
2013
Preliminary
TAX CAPACITY BASED TAX LEVY Levy
General Fund and Park & Recreation Fund $20,752,156
Park Improvement Fund 810,000
Capital Replacement Fund 842,700
Employee Administration Fund 200,000
Debt Service 1,937,085
Discretionary 171,000
TOTAL TAX LEVIES $24,712,941
Resolution No. 12-125 -2-
And
BE IT FURTHER RESOLVED that the City Clerk is hereby authorized and directed to
tra t this information to the County Auditor of Hennepin County, Minnesota and the
Mi es. a Department of Revenue, if applicable, in the format they request as required by law.
Reviewed for dministration
City
Attest:
City Clerk
Adopted by the City Council September 4, 2012