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Home My WebLink About2017-196 CCRMember April Graves introduced the following resolution and moved its adoption: RESOLUTION NO. 2017-196 RESOLUTION ADOPTING THE 2018 ANNUAL CITY BUDGET WHEREAS, the City Council of the City of Brooklyn Center is required by City Charter and State Statute to annually adopt a budget; and WHEREAS, the City Council has reviewed the proposed governmental and enterprise fund budgets and has determined the budget is adequate to fund all City operations in 2018. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that revenues and appropriations authorized for 2018 shall be: General Fund Revenues and Other Sources Property Taxes $ 15,879,417 Excess Tax Increment 360,000 Lodging Tax (Gross Receipts)1,100,000 Licenses and Permits 776,625 Local Government Aid 884,454 Other Intergovernmental Revenues 710,365 Charges for Services 922,500 Fines and Forfeits 231,500 Miscellaneous Revenue 231,175 Special Assessments 100,000 Other Financing Sources 150,000 Total General Fund Revenues J21 ,346,036 Appropriations and Other Uses General Government $ 3,268,525 General Government Buildings 886,117 Police 8,661,099 Fire & Emergency Preparedness 1,416,329 Community Development 1,411,508 Public Works 3,914,319 Community Activities, Recreation & Services 1,729,949 Convention and Tourism 522,500 Joint Powers 187,000 Risk Management 234,219 Central Services and Supplies 347,625 Vacancy and Turnover Savings (350,000) Reimbursement from Other Funds (1,083,154) Transfer Out-Miscellaneous 200,000 Total General Fund Appropriations $ 21,346,036 RESOLUTION NO. 2017-196 Special Revenue Funds Revenues and Other Sources Economic Development Authority $ 358,657 Housing and Redevelopment Authority 345,978 Community Development Block Grant 150,000 Police Forfeitures 14,090 TIF District #2 26,328 TIF District #3 4,350,788 TIF District #4 309,542 TIF District #5 548,778 City Initiatives Grant Fund 269.620 Total Special Revenue Funds $ 6.373.781 Appropriations and Other Uses Economic Development Authority $ 385,503 Housing and Redevelopment Authority 345,978 Community Development Block Grant 150,000 Police Forfeitures 13,000 TIF District #2 1,720,000 TIF District 43 3,095,083 TIF District #4 257,990 TIF District #5 489,745 City Initiatives Grant Fund 272,042 Total Special Revenue Funds $A72,9341 Debt Service Funds Revenues and Other Sources 2008A GO TIF Bonds $129,813 2013A GO TIF Bonds 430,888 2013B GO Improvement Bonds 614,062 2015A GO Improvement Bonds 402,635 2015B GO TIF Bonds 1,738,250 2016A GO Improvement Bonds 213,948 2016B GO TIF Bonds 48,325 2016C GO TIF Bonds 304,658 2017A GO Improvement Bonds 409,852 Total Debt Service Funds $ 4,292,431 Appropriations and other Uses 2008A GO TIF Bonds $129,813 2013A GO Improvement Bonds 430,888 2013B GO Improvement Bonds 606,100 2015A GO Improvement Bonds 390,335 2015B GO TIF Bonds 1,738,250 2016A GO Improvement Bonds 191,350 2016B GO TIF Bonds 48,325 2016C GO TIF Bonds 304,658 RESOLUTION NO. 2017-196 2017A GO Improvement Bonds 123,780 Total Debt Service Funds $3.963.499 Capital Project Funds Revenues and Other Sources Capital Improvements Fund $ 12,626,400 Municipal State Aid (MSA) Fund 1,097,402 Capital Reserve Emergency 11,292 Special Assessments Construction Fund 3,339,803 Street Reconstruction Fund 3,530,991 Earle Brown Heritage Center Capital Fund 359,321 Technology Fund 142,486 Total Capital Project Funds $ 21,107,695 Appropriations and Other Uses Capital Improvements Fund $ 14,913,000 Municipal State Aid (MSA) Fund 965,000 Capital Reserve Emergency - Special Assessments Construction Fund 2,403,121 Street Reconstruction Fund 4,966,000 Earle Brown Heritage Center Capital Fund 390,925 Technology Fund 281,500 Total Capital Project Funds $ 23,919,546 Enterprise Funds Revenues and Other Sources Brooklyn Center Liquor $ 6,421,412 Centerbrook Golf Course 311,250 Earle Brown Heritage Center 5,010,206 Total Enterprise Funds $1 1.742.868 Appropriations and Other Uses Brooklyn Center Liquor $ 6,375,612 Centerbrook Golf Course 300,908 Earle Brown Heritage Center 5,532,843 Total Enterprise Funds $12,209,363 Public Utility Funds Revenues and Other Sources Water Fund $ 7,240,798 Sewer Fund 4,380,096 Storm Sewer Fund 3,522,898 Street Lighting Fund 457,136 Recycling Fund 394,699 Total Public Utility Funds $ 15,995.627 RESOLUTION NO. 2017-196 Appropriations and Other Uses Water Fund $ 8,783,678 Sewer Fund 7,461,882 Storm Sewer Fund 4,735,677 Street Lighting Fund 714,713 Recycling Fund 394,198 Total Public Utility Funds $22090J48 Internal Service Funds Revenues and Other Sources Central Garage Fund $1,859,824 Total Internal Service Funds $1,859,825 Appropriations and Other Uses Central Garage Fund (w/ Depreciation) $ 3,380,840 Total Internal Service Funds $ 3.380.840 December 4, 2017 Date Mayor ATTEST: J1'wk +t'C 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, Marquita Butler, April Graves, Kris lAwrence-Anderson, Dan Ryan and the following voted against the same: whereupon said resolution was declared duly passed and adopted.