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HomeMy WebLinkAbout2010-131 CCR Member Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION NO. 2010 -131 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2011 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 $13,911,803 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 (net) $ 12,905,340 Sales Tax — Lodging Tax Gross Receipts 705,000 Licenses & Permits 606,390 Intergovernmental Revenues 828,265 General Government Service Charges 186,100 Code Enforcement Service Charges 10,000 Recreation Fees and Charges 697,358 Public Safety Service Charges 50,700 Fines & Forfeitures 322,800 Miscellaneous Revenues 90,620 Subtotal General Fund $ 16,404,573 2004A Debt Service Property Tax Levy $ 695,632 Miscellaneous Revenues 500 Subtotal Debt Service $ 696,132 Housing and Redevelopment Authority Property Tax Levy $ 310,831 TOTAL BUDGETED REVENUES 17,409,536 RESOLUTION NO. 2010 -131 EXPENDITURE APPROPRIATIONS: General Fund Operating Divisions $ 17,366,941 Reimbursements from Other Funds (1,034,368) Transfers to Capital Projects Funds 70,000 Subtotal General Fund $ 16,402,573 Debt Service 2004A G.O. Municipal Building Refunding Bonds $ 695,632 Housing & Redevelopment Authority Transfer to Economic Development Authority $ 310,831 TOAL BUDGETED APPROPRIATIONS 17,409,036 September 13, 2010 Date Mayor ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Dan Ryan and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Kay Lasman, Tim Roche, Dan Ryan, and Mark Yelich; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.