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HomeMy WebLinkAbout2015-141 CCR Member Dan Ryan introduced the following resolution and moved its adoption: RESOLUTION NO. 2015-141 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2016 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 $15,368,235 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 $14,728,750 Excess Tax Increment 380,000 Sales Tax—Lodging Tax Gross Receipts 895,000 Licenses & Permits 806,850 Local Government Aid 767,072 Other Intergovernmental Revenues 619,365 General Government Service Charges 154,240 Recreation Fees and Charges 642,907 Public Safety Service Charges 16,250 Fines & Forfeitures 301,500 Miscellaneous Revenues 191,226 Special Assessments 130,000 Other Financing Sources 150,000 Subtotal General Fund $19,783,160 Debt Service 2013B General Obligation Improvement Bond Levy $396,682 2015A General Obligation Improvement Bond Levy 242,803 Subtotal Debt Service $639,485 Housing and Redevelopment Authority Property Tax Levy $308,518 TOTAL BUDGETED REVENUES $20,731,163 RESOLUTION NO. 2015-141 EXPENDITURE APPROPRIATIONS: General Fund General Government $2,915,671 General Government Buildings 841,331 Police 7,934,406 Fire & Emergency Preparedness 1,358,383 Planning & Zoning 163,761 Building and Community Standards 1,109,474 Public Works 3,735,795 Community Activities, Recreation & Services 1,627,484 Convention and Tourism 425,125 Joint Powers 150,000 Insurance 236,438 Central Supplies 142,080 Reimbursements from Other Funds (1,049,324) Transfers to Other Funds 192,536 Subtotal General Fund $19,783,160 Debt Service 2013B General Obligation Improvement Bond Levy $396,682 2015A General Obligation Improvement Bond Levy 242,803 Subtotal Debt Service $639,485 Housing & Redevelopment Authority Transfer to Economic Development Authority $308,518 TOAL BUDGETED APPROPRIATIONS SN,731,163 September 14 2015 Date Mayor ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member April Graves and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, April Graves, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan; and the following voted against the same: whereupon said resolution was declared duly passed and adopted.