HomeMy WebLinkAbout15-200 - ADMIN Resolution - City Council - 2015/12/21RESOLUTION NO. 15-200
RESOLUTION ADOPTING THE 2016 GENERAL FUND BUDGET, 2016 BUDGETS
AND
AUTHORIZING THE 2016 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 2016 General Fund Budget and 2016 Budgets are adopted as presented in the 2016
budget document; and
Summary of Budgeted Revenues
AVAILABLE RESOURCES
General Fund Revenues:
General Property Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines, Forfeits, and Penalties
Investment Earnings
Miscellaneous Revenue
Transfers In
Total General Fund Revenues:
2015
Adopted
$ 22,364,509
3,248,158
1,292,277
1,907,292
320,200
140,000
1,500,243
1,851,759
2016 Dollar Chng. °A) Change
Adopted 2015 to 2016 2015 to 2016
$ 23,597,282 1,232,773
3,496,177 248,019
1,419,017 126,740
1,956,593 49,301
341,200 21,000
140,000 -
1,259,887 (240,356)
1,872,581 20,822
$ 32,624,438 $ 34,082,737
1,458,299
5 51%
7 64%
9 81%
2 58%
6 56%
0.00%
-16 02%
1 12%
4.47%
General Fund
Summary of Budgeted Expenditures
General Government
Public Safety
Operations and Recreation
Non -Departmental
2015
Adopted
8,271,762
14,373,278
9,801,414
177,984
2016
Adopted
8,657,073
14,944,889
10,214,056
266,719
Total General Fund $ 32,624,438 $ 34,082,737
Dollar Chng. % Change
2015 to 2016 2015 to 2016
385,311
571,611
412,642
88,735
4.66%
3.98%
4 21%
49 86%
1,458,299 4.47%
Resolution No 15-200 -2-
Enterprise, Internal Service, Special Revenue
and Select Capital Project Funds
Summary of Budgeted Revenues and Expenditures
2015
Final
2016
Proposed
HRA Levy Fund
Total HRA Levy Revenues $ 953,238 $ 1,011,427
Total HRA Levy Expenditures 3,079,980 966,041
Cable TV Fund
Total Cable TV Revenues 666,000 664,000
Total Cable TV Expenditures 811,967 788,483
Development Fund
Total Development Fund Revenues 3,221,149 6,693,125
Total Development Fund Expenditures 2,578,759 1,873,635
CDBG Fund
Total CDBG Revenues 199,308 . 179,000
Total CDBG Expenditures 199,308 179,000
Housing Rehabilitation Fund
Total Housing Rehab Revenues 1,412,623 1,311,952
Total Housing Rehab Expenditures 783,802 720,839
Water Utility Fund
Total Water Revenues 6,047,498 _ 6,232,419
Total Water Expenses 6,883,012 8,099,290
Sewer Utility Fund
Total Sewer Revenues 6,264,288 6,444,588
Total Sewer Expenses 7,678,139 7,457,019
Solid Waste Utility Fund
Total Solid Waste Revenues 3,266,600 3,417,200
Total Solid Waste Expenses 3,233,902 3,453,974
Storm Water Utility Fund
Total Storm Water Revenues
Total Storm Water Expenses
2,493,275 2,741,638-
6,024,656 4,197,994
Employee Administration Fund
Total Employee Benefits Revenues 597,660 512,500
Total Employee Benefits Expenses 981,400 1,023,000
Uninsured Loss Fund
Total Uninsured Loss Revenues 183,400 182,000
Total Uninsured Loss Expenses 172,499 179,794
-
Resolution No. 15:200 =3= T
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 2015, collectible in -
2016 upon the taxable property in said City of St. Louis Park for the following purposes:
2016 TAX CAPACITY' BASED TAX LEVY
General Fund
Debt Service - Current
Debt Service - Future
Capital Replacement Fund
Park Improvement Fund
Employee Administration Fund
Housing Rehab Fund
cretion of City Council
TO TAX LEVIES
Rev' ewe
Ci
r Administration:
Attest:
2016 '
FINAL TAX LE -VY
$23,597;282
1,517,667_
477,825
1,767,700
810,000
200,000
100,000
-134,000
$28,604,474
Adopted by the City Council December 21, 2015
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