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HomeMy WebLinkAbout2025-080 CCRMember Graves introduced the following resolution and moved its adoption: RESOLUTION NO.2025-80 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2026 FISCAL YEAR WHEREAS, the City Council of the City of Brooklyn Center is the governing body of the City of Brooklyn Center; and WHEREAS, Minnesota Statutes require that a preliminary budget be adopted for funds using property tax revenues along with the adoption of the preliminary property tax levy; and WHEREAS, a preliminary property tax levy of $27,685,372 has been proposed for adoption the basis for the budget proposed herewith. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the following amounts be adopted as the preliminary budget for property tax supported funds appropriated as follows: REVENUES: General Fund Property Taxes (net) $25,202,094 Sales Tax — Lodging Tax Gross Receipts 900,000 Licenses & Permits 926,955 Local Government Aid 1,524,442 Other Intergovernmental Revenues 685,897 General Government Service Charges 124,780 Recreation Fees and Charges 415,500 Public Safety Service Charges 17,500 Community Development Service Charges 14,500 Fines & Forfeitures 188,000 Miscellaneous Revenues 426,500 Special Assessments 100,000 Subtotal General Fund $30,526,168 Debt Service 2016A General Obligation Improvement Bond Levy 214,200 2017A General Obligation Improvement Bond Levy 281,807 2018A General Obligation Improvement Bond Levy 245,511 2019A General Obligation Improvement Bond Levy 191,910 2020A General Obligation Improvement Bond Levy 242,865 2021A General Obligation Improvement Bond Levy 209,713 2022A General Obligation Improvement Bond Levy 169,373 2024A General Obligation Improvement Bond Levy 514,516 2026 Equipment Certificate — Fire Truck Bond 280,383 Subtotal Debt Service $2,350,278 Housing and Redevelopment Authority Property Tax Levy $621,849 TOTAL BUDGETED REVENUES $33,498,295 EXPENDITURE APPROPRIATIONS: General Fund General Government $4,774,115 General Government Buildings 1,329,745 Prevention, Health, and Safety 430,710 Police 12,119,431 Fire & Emergency Preparedness 2,437,510 Community Development 1,999,389 Public Works 6,016,519 Recreation 2,524,220 Convention and Tourism 427,500 Joint Powers 130,000 Insurance 375,647 Central Supplies 139,428 Vacancy & Turnover Savings (400,000) Reimbursements from Other Funds (2,108,046) Transfers to Other Funds 330,000 Subtotal General Fund $30,526,168 Debt Service 2016A General Obligation Improvement Bond Levy 214,200 2017A General Obligation Improvement Bond Levy 281,807 2018A General Obligation Improvement Bond Levy 245,511 2019A General Obligation Improvement Bond Levy 191,910 2020A General Obligation Improvement Bond Levy 242,865 2021A General Obligation Improvement Bond Levy 209,713 2022A General Obligation Improvement Bond Levy 169,373 2024A General Obligation Improvement Bond Levy 514,516 2026 Equipment Certificate — Fire Truck Bond Levy 280,383 Subtotal Debt Service $2,350,278 Housing & Redevelopment Authority Transfer to Economic Development Authority $621,849 TOAL BUDGETED APPROPRIATIONS $33,498,295 OJP-L� �)L(1'11� September )2, 2025 Date � p. ATTEST: �� �� City Clerk Mayor The motion for adoption of the forgoing resolution was duly seconded by member: Moore and upon vote being taken thereon, the following voted in favor thereof: Councilmembers Jerzak and Kragness and the following voted against salve: none whereupon said resolution was declared duly passed and adopted.