HomeMy WebLinkAbout17-193 - ADMIN Resolution - City Council - 2017/12/18RESOLUTION NO. 17-193
RESOLUTION ADOPTING THE 2018 GENERAL FUND BUDGET, 2018 BUDGETS
AND
AUTHORIZING THE 2018 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 2018 General Fund Budget and 2018 Budgets are adopted as presented in the 2018
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:
2017 2018 Dollar Chug. % Change
Adopted Adopted 2017 to 2018 2017 to 2018
$ 24,748,436
$ 25,705,886
957,450
3.87%
6.50%
3,745,736
3,924,648
178,912
4.78%
6.96%
1,631,669
1,864,877
233,208
14.29%
2.51%
2,027,637
2,162,410
134,773
6.65%
36.48%
254,200
269,200
15,000
5.90%
5.83%
140,000
160,000
20,000
14.29%
1,363,406
1,882,822
519,416
38.10%
1,899,927
1,929,090
29,163
1.53%
$ 35,811,011 $ 37,898,933 2,087,922 5.83%
Summary of Budgeted Expenditures
2017 2018 Dollar Chng. % Change
Adopted Adopted 2017 to 2018 2017 to 2018
General Government
8,619,681
9,180,286
560,605
6.50%
Public Safety
16,044,717
17,161,053
1,116,336
6.96%
Operations and Recreation
10,761,318
11,031,760
270,442
2.51%
Non -Departmental
385,295
525,834
140,539
36.48%
Total General Fund
$ 35,811,011
$ 37,898,933
2,087,922
5.83%
Resolution No. 17-193
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
CDB G 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
2017 2018
Final Proposed
$ 1,086,461 $
1,172,786
1,092,961
1,172,786
682,950
682,950
717,390
860,562
8,185,285
9,468,985
5,339,720
3,928,700
162,000
167,865
162,000
167,865
1,494,500
1,506,793
1,171,106
1,234,723
6,798,846
6,568,306
7,485,982
7,606,060
6,947,757
7,453,407
7,044,564
7,830,122
3,500,350
3,745,500
3,674,250
4,090,033
2,856,395
3,039,531
3,869,187
4,475,647
556,000
473,200
1,216,032
1,105,400
204,000
229,000
205,531
232,562
Resolution No. 17-193 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 2017, collectible in
2018, upon the taxable property in said City of St. Louis Park for the following purposes:
2018 TAX CAPACITY BASED TAX LEVY
General Fund
Debt Service
Capital Replacement Fund
Park Improvement Fund
Employee Administration Fund
Housing Rehabilitation Fund
T IAL TAX LEVIES
City Manager
Attest:
n !-
Me is a Keened , City Clerk
2018
FINAL TAX LEVY
$25,705,886
3,164,782
1,767,700
810,000
200,000
100,000
$31,748,368
Adopted by the City Council December 18, 2017