HomeMy WebLinkAbout14-107 - ADMIN Resolution - City Council - 2014/09/15RESOLUTION NO. 14-107
RESOLUTION APPROVING 2015 PROPOSED GENERAL FUND BUDGET, 2015
• PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE
FOR THE 2015 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 30th 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 2015 Budget shall be as follows:
2015
Preliminary
General Fund Revenues:
Property Taxes $22,564,509
Other General Revenues 10,131,198
Total General Fund Revenues $32,695,707
Expenditures:
General Government $ 7,444,373
Engineenng 1,409,695
Operations and Recreation 9,634,841
Public Safety 14,016,798
Non -Departmental 190,000
Total General Fund Expenditures $32,695,707
BE IT FURTHER RESOLVED that the Truth in Taxation Public Hearing will be held
on December 1, 2014; 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 2015
upon the taxable property in said City of St. Louis Park for the following purposes:
2015
Preliminary
TAX CAPACITY BASED TAX LEVY Levy
General Fund $22,564,509
Debt Service Funds 1,423,161
Capital Replacement Fund 1,342,700
Park Improvement Fund 810,000
Cap Replace. Fund - Future Debt Service 645,007
Employee Administration Fund 200,000
TOTAL TAX LEVIES $26,985,377
Resolution No. 14-107 -2-
And
BE IT FURTHER RESOLVED that the Controller is hereby authorized and directed to
transmit this information to the County Auditor of Hennepin County, Minnesota and the
Mi a.. to Department of Revenue, if applicable, in the format requested as required by law.
Rev ewe for
ministration
Adopted by the City Council September 15,
City M
Attest:
City �erc
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