HomeMy WebLinkAbout16-162 - ADMIN Resolution - City Council - 2016/12/19RESOLUTION NO. 16-162
RESOLUTION ADOPTING THE 2017
GENERAL FUND BUDGET, 2017 BUDGETS AND
AUTHORIZING THE 2017 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 2017 General Fund Budget and 2017 Budgets are adopted as presented in the 2017
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:
2016 2017 Dollar Chug. % Change
Adopted Adopted 2016 to 2017 2016 to 2017
$ 23,597,282
$ 24,748,436
1,151,154
4.88%
3,496,177
3,745,736
249,559
7.14%
1,419,017
1,631,669
212,652
14.99%
1,956,593
2,027,637
71,044
3.63%
341,200
254,200
(87,000)
-25.50%
140,000
140,000
-
0.00%
1,259,887
1,363,406
103,519
8.22%
1,872,581
1,899,927
27,346
1.46%
$ 34,082,737 $ 35,811,011 1,728,274
General Fund
Summary of Budgeted Expenditures
2016 2017 Dollar Chng. % Change
Adopted Adopted 2016 to 2017 2016 to 2017
General Government
8,639,073
8,619,681
(19,392)
-0.22%
Public Safety
14,944,889
16,044,717
1,099,828
7.36%
Operations and Recreation
10,232,056
10,761,318
529,262
5.17%
Non -Departmental
266,719
385,295
118,576
44.46%
Total General Fund
$ 34,082,737
----i
$ 35,811,011
-
,728,274
5.07%
Resolution No. 16-162
-2-
Enterprise, Internal Service, Special Revenue
and Select Capital Project Funds
Summary of Budgeted Revenues and Expenditures
HRA Levy Fund
Total HRA Levy Revenues
Total HRA Levy Expenditures
Cable TV Fund
Total Cable TV Revenues
Total Cable TV Expenditures
Development Fund
Total Development Fund Revenues
Total Development Fund Expenditures
CDBG Fund
Total CDBG Revenues
Total CDBG Expenditures
Housing Rehabilitation Fund
Total Housing Rehab Revenues
Total Housing Rehab Expenditures
Water Utility Fund
Total Water Revenues
Total Water Expenses
Sewer Utility Fund
Total Sewer Revenues
Total Sewer Expenses
Solid Waste Utility Fund
Total Solid Waste Revenues
Total Solid Waste Expenses
Storm Water Utility Fund
Total Storm Water Revenues
Total Storm Water Expenses
Employee Administration Fund
Total Employee Benefits Revenues
Total Employee Benefits Expenses
Uninsured Loss Fund
Total Uninsured Loss Revenues
Total Uninsured Loss Expenses
2016 2017
Final Proposed
$ 1,011,208 $
1,086,461
1,952,568
1,086,461
664,000
682,950
788,483
717,390
6,693,125
8,185,285
1,873,635
5,339,720
179,000
162,000
179,000
162,000
1,311,952
1,494,500
720,839
1,171,106
6,232,419
6,798,846
8,099,290
7,485,982
6,444,588
6,947,757
7,457,019
7,044,564
3,417200
3,500,350
3,453,974
3,659,250
2,741,638
2,856,395
4,197,994
3,869,187
512,500
556,000
1,023,000
1,216,032
182,000
204,000
179,794
205,531
Resolution No. 16-162 -3-
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 2016, collectible in
2017 upon the taxable property in said City of St. Louis Park for the following purposes:
Administration: rAdgpted by the City Council December 19, 2016
!
Thomas It. Rarmeneg, City Manager Take
Attest:
2017
FINAL TAX LEVY
2017 TAX CAPACITY BASED TAX LEVY
General Fund
$24,748,436
Debt Service - Current
2,139,937
Debt Service - Future
300,000
Capital Replacement Fund
1,767,700
Park Improvement Fund
810,000
Employee Administration Fund
200,000
Houising Rehab Fund
100,000
Discretion of City Council
198,000
DOTAL TAX LEVIES
$30,264,073
Administration: rAdgpted by the City Council December 19, 2016
!
Thomas It. Rarmeneg, City Manager Take
Attest: