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HomeMy WebLinkAbout2016-162 CCRMember Dan Ryan introduced the following resolution and moved its adoption: RESOLUTION NO.2016-162 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2017 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 $16,194,914 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 Taxes (net)$15,278,667 Excess Tax Increment 380,000 Sales Tax — Lodging Tax Gross Receipts 1,050,000 Licenses & Permits 728,555 Local Government Aid 775,888 Other Intergovernmental Revenues 654,365 General Government Service Charges 120,300 Recreation Fees and Charges 652,545 Public Safety Service Charges 15,250 Community Development 46,000 Fines & Forfeitures 262,500 Miscellaneous Revenues 196,440 Special Assessments 130,000 Other Financing Sources 150,000 Subtotal General Fund $20,440,510 Debt Service 2013B General Obligation Improvement Bond Levy $391,461 2015A General Obligation Improvement Bond Levy 246,071 2016A General Obligation Improvement Bond Levy 212,436 Subtotal Debt Service $849,968 Housing and Redevelopment Authority Property Tax Levy $329,079 TOTAL BUDGETED REVENUES $21,619.557 RESOLUTION NO. 2016-162 EXPENDITURE APPROPRIATIONS: General Fund General Government $3,048,569 General Government Buildings 848,964 Police 8,182,433 Fire & Emergency Preparedness 1,431,459 Planning & Zoning 176,153 Building and Community Standards 1,128,489 Public Works 3,786,811 Community Activities, Recreation & Services 1,668,962 Convention and Tourism 498,750 Joint Powers 190,000 Insurance 220,610 Central Supplies 132,294 Reimbursements from Other Funds (1,052,984) Transfers to Other Funds 190,000 Subtotal General Fund $20,440,510 Debt Service 2013B General Obligation Improvement Bond Levy $391,461 2015A General Obligation Improvement Bond Levy 246,071 2016A General Obligation Improvement Bond Levy 212,346 Subtotal Debt Service $849,968 Housing & Redevelopment Authority Transfer to Economic Development Authority $329,079 TOAL BUDGETED APPROPRIATIONS $21.619,557 September 26 2016 Date Mayor ATTEST: A "-JVLk7 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, Dan Ryan and the following voted against the same: whereupon said resolution was declared duly passed and adopted.