HomeMy WebLinkAbout18-201 - ADMIN Resolution - City Council - 2018/12/17Resolution No. 18-201
Resolution adopting the 2019 general fund budget, other 2019 budgets and
authorizing the 2019 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 information;
Now therefore, be it resolved, by the City Council of the City of St. Louis Park, that the
2019 General Fund Budget and 2019 Budgets are adopted as presented; and
Summary of Budgeted Revenues
General Find 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:
2018 2019 Dollar Chug. % Change
Adopted Adopted 2018 to 2019 2018 to 2019
$ 25,705,886
$ 26,880,004
$ 1,174,118
4.57%
3,924,648
4,103,424
178,776
4.56%
1,864,877
1,760,900
(103,977)
-5.58%
2,162,410
2,187,319
24,909
1.15%
269,200
279,700
10,500
3.90%
160,000
180,000
20,000
12.50%
1,882,822
1,696,468
(186,354)
-9.90%
1,929,090
1,999,877
70,787
3.67%
$ 37,898,933 $ 39,087,692 $ 1,188,759 3.14%
Summary of Budgeted Expenditures
2018 2019 Dollar Chug. % Change
Adopted Adopted 2018 to 2019 2018 to 2019
General Government
$ 9,180,286
$ 9,677,878
$ 497,592
5.42%
Public Safety
17,161,053
17,703,910
542,857
3.16%
Operations and Recreation
11,031,760
11,135,527
103,767
0.94%
Non -Departmental
525,834
570,377
44,543
8.47%
Total General Fund
$ 37,898,933
$ 39,087,692
$ 1,188,759
3.14%
Resolution No. 18-201
2
Special Revenue, Select Capital Project Funds,
Enterprise and Internal Service Funds
Summary of Budgeted Revenues and Expenditures
Special Revenue
Housing Rehabilitation Fund
Total Housing Rehab Revenues
Total Housing Rehab Expenditures
CDBG Fund
Total CDBG Revenues
Total CDBG Expenditures
Cable TV Fund
Total Cable TV Revenues
Total Cable TV Expenditures
Capital Project
Development Fund
Total Development Fund Revenues
Total Development Fund Expenditures
HRA Levy Fund
Total HRA Levy Revenues
Total HRA Levy Expenditures*
Enterprise
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
Internal Service
Employee Administration Fund
Total Employee Benefits Revenues
Total Employee Benefits Expenses
Uninsured Loss Fund
Total Uninsured Loss Revenues
Total Uninsured Loss Expenses
2018 2019
Adopted Proposed
$ 1,506,793 $
1,491,809
1,234,723
1,807,364
167,865
167,050
167,865
167,050
682,950
641,500
860,562
776,199
9,468,985 5,374,085
3,928,700 6,659,670
1,172, 786 1,234,601
1,172, 786 15,000
6,568,306 7,248,775
7,606,060 9,940,985
7,453,407 7,551,122
7,830,122 8,086,093
3,745,500 3,580,850
4,090,033 4,041,204
3,039,531 2,915,014
4,475,647 4,654,990
473,200 534,500
1,105,400 1,196, 700
229,000 204,000
232,562 231,925
-= interfund loan repayment will show up as a$1,191,113 reduction to the liability on the balance sheet.
Resolution No. 18-201
3
Be it further resolved, by the City Council of the City of St. Louis Park, that the following
sums of money be levied in 2018, collectible in 2019, upon the taxable property in said City of St.
Louis Park for the following purposes:
2019 TAX CAPACITY BASED TAX LEVY
General Fund
Debt Service
Capital Replacement Fund
Park Improvement Fund
Employee Administration Fund
Housing Rehabilitation Fund
TOTAL -TAX LEVIES
for
Thomas K. HArmening, City Manager
Attest:
Mlelksa Kenn dy, MY Cler
S
2019
FINAL TAX LEVY
$26,880,004
3,420,557
1,767,700
810,000
150,000
100,000
$33,128,261
by the City Council Dec. 17, 2018