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HomeMy WebLinkAbout13-130 - ADMIN Resolution - City Council - 2013/09/03RESOLUTION NO. 13-130 0 RESOLUTION APPROVING 2014 PROPOSED GENERAL FUND BUDGET, 2014 PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE FOR THE 2014 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 2014 Budget shall be as follows: 2014 Preliminary General Fund Revenues: Property Taxes $21,157,724 Other General Revenues 9,453,845 Total General and Park & Recreation Fund Revenues $30,611,569 Expenditures: General Government $ 6,881,975 Engineenng 1,262,589 Operations and Recreation 9,413,233 Public Safety 12,873,772 Non -Departmental 180,000 Total General and Park and Recreation Fund Expenditures $30,611,569 BE IT FURTHER RESOLVED that the Truth in Taxation Public Hearing will be held on December 2, 2013; 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 2014 upon the taxable property in said City of St. Louis Park for the following purposes: 2014 Preliminary TAX CAPACITY BASED TAX LEVY Levy General Fund $21,157,724 Debt Service Funds 1,422,477 Capital Replacement Fund 1,342,700 Park Improvement Fund 810,000 Cap. Replace. Fund - Future Debt Service 645,007 Employee Admimstration Fund 200,000 TOTAL TAX LEVIES $25,577,908 Resolution No. 13-130 -2- And tran Mi BE IT FURTHER RESOLVED that the City Clerk is hereby authorized and directed to this information to the County Auditor of Hennepin County, Minnesota and the epartment of Revenue, if applicable, in the format requested as required by law. esota Reviewe s ii . dministration illitiMib City M Attest: Adopted by the City Council September 3, 2013 Mayor