HomeMy WebLinkAbout2005-133 CCRMember Kathleen Carmody introduced the following resolution and moved its
adoption:
RESOLUTION NO. 2005-133
RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE
2006 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 $ 11,627.415 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 Tax Levy
$ 10,494,126
less: Amount for Uncollectible
(314,825)
Sales Tax - Lodging Tax Gross Receipts
650,000
Licenses & Permits
683,754
Intergovernmental Revenues
1,245,030
General Government Service Charges
29,440
Recreation Fees and Charges
611,813
Public Safety services Charges
13,500
Fines & Forfeitures
220,000
Miscellaneous Revenues
200.300
Subtotal General Fund
$ 13,833,138
Debt Service
Property Tax Levy $ 876,224
Special Assessments 1,035,050
Intergovernmental Revenues 300,900
Miscellaneous Revenues 27.000
Subtotal Debt Service $ 2,239,174
Housing and Redevelopment Authoritv
Property Tax Levy $ 257.065
TOTAL BUDGETED REVENUES $ 16.329.377
RESOLUTION NO. 2005-133
EXPENDITURE APPROPRIATIONS:
General Fund
Operating Divisions $ 14,663,503
Reimbursements from Other Funds (830,365)
Transfers to Capital Projects Funds 0
Subtotal General Fund $ 13,833,138
Debt Service
1
1995
B
G.O. Improvement Bonds
$ 93,205
1996
A
G.O. Improvement Bonds
168,574
1997
A
G.O. Improvement Bonds
112,950
1998
A
G.O. Improvement Bonds
120,040
1998
B
G.O. State Aid Revenue Bonds
301,400
1999
A
G.O. Improvement Bonds
189,672
2000
A
G.O. Improvement Bonds
94,198
2001
A
G.O. Improvement Bonds
94,329
2003
A
G.O. Improvement Bonds
155,103
2004
A
G.O. Municipal Building Refunding Bonds
718,328
2004
C
G.O. Improvement Bonds
150.335
Subtotal Debt Service
$ 2,198,134
Housing & Redevelopment Authoritv
Transfer to Economic Development Authority $ 257.065
TOAL BUDGETED APPROPRIATIONS $ 16.288.337
September 12. 2005 'AA AA,.o...-
Date Mayor
ATTEST: -A-Z"
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Kay Lasman
and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kathleen Carmody, Kay Lasman, and Diane Niesen;
and the following voted against the same: Mary O'Connor;
whereupon said resolution was declared duly passed and adopted.