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HomeMy WebLinkAbout2014-129 CCR Member Kris Lawrence-Anderson introduced the following resolution and moved its adoption: RESOLUTION NO. 2014-129 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2015 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 $14,778,030 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) $14,381,533 Excess Tax Increment 490,000 Sales Tax—Lodging Tax Gross Receipts 880,000 Licenses&Permits 728,115 Local Government Aid 747,076 Other Intergovernmental Revenues 615,865 General Government Service Charges 166,050 Recreation Fees and Charges 664,200 Public Safety Service Charges 24,750 Fines&Forfeitures 316,500 Miscellaneous Revenues 164,512 Special Assessments 85,000 Other Financing Sources 150,000 Subtotal General Fund $19,413,601 Debt Service 2013B General Obligation Improvement Bond Levy $396,496 Housing and Redevelopment Authority Property Tax Levy $280,460 TOTAL BUDGETED REVENUES $20,090,557 RESOLUTION NO. 2014-129 EXPENDITURE APPROPRIATIONS: General Fund Operating Divisions $20,227,925 Reimbursements from Other Funds (1,014,324) Transfers to Other Funds 200,000 Subtotal General Fund $19,413,601 Debt Service 2004A G.O. Municipal Building Refunding Bonds $396,496 Housing_&Redevelopment Authority Transfer to Economic Development Authority $280,460 TOAL BUDGETED APPROPRIATIONS $20.090. 57 n September 8, 2014 Date Mayor ATTEST: A" " City Clerk The motion for adoption of the forgoing resolution was duly seconded by member Lin Myszkowski and upon vote being taken thereon,the following voted in favor thereof: Tim Willson, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan; and the following voted against same: none; whereupon said resolution was declared duly passed and adopted.