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HomeMy WebLinkAbout2011-131 CCR i Member Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION !,NO. 2011 -131 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2012 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 $ 14,218,823 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) $ 13,207,954 Sales Tax — Lodging Tax Gross Receipts 710,000 Licenses & Permits 635,567 Intergovernmental Revenues 844,315 General Government Service Charges 218,050 Code Enforcement Service Charges 20,000 Recreation Fees and Charges 686,682 Public Safety Service Charges 84,100 Fines & Forfeitures 348,500 Miscellaneous Revenues 95,000 Subtotal General Fund $ 16,850,168 2004A Debt Service Property Tax Levy $ 708,581 Housing and Redevelopment Authority Property Tax Levy $ 302,288 TOTAL BUDGETED REVENUES 1-12161,037 RESOLUTION NO. 2011 -131 EXPENDITURE APPROPRIATIONS: General Fund Operating Divisions $ 17,725,888 Reimbursements from Other Funds (964,302) Transfers to Capital Projects Funds 70,000 Subtotal General Fund $ 16,831,586 Debt Service 2004A G.O. Municipal Building Refunding Bonds $ 708,581 Housing & Redevelopment Authority Transfer to Economic Development Authority $ 302,288 TOAL BUDGETED APPROPRIATIONS 17.842.455 September 12, 2011 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, Carol Kleven, Kay Lasman, and Dan Ryan; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.