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HomeMy WebLinkAbout2019-131 CCRMember Ryan introduced the following resolution and moved its adoption: RESOLUTION NO. 2019-131 RESOLUTION ADOPTING A PRELIMINARY BUDGET FOR THE 2020 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 $19,509,310 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) $17,967,857 Excess Tax Increment 400,000 Sales Tax — Lodging Tax Gross Receipts 1,180,000 Licenses & Permits 1,075,001 Local Government Aid 1,059,416 Other Intergovernmental Revenues 754,365 General Government Service Charges 68,900 Recreation Fees and Charges 593,000 Public Safety Service Charges 95,250 Community Development 33,000 Fines & Forfeitures 246,500 Miscellaneous Revenues 270,700 Special Assessments 50,000 Subtotal General Fund $23,793,989 Debt Service 2013B General Obligation Improvement Bond Levy $385,509 2015A General Obligation Improvement Bond Levy 253,543 2016A General Obligation Improvement Bond Levy 216,720 2017A General Obligation Improvement Bond Levy 280,486 2018A General Obligation Improvement Bond Levy 252,329 2019A General Obligation Improvement Bond Levy 68,460 Subtotal Debt Service $1,457,047 Housing and Redevelopment Authority Property Tax Levy $413,335 TOTAL BUDGETED REVENUES $25,664,371 RESOLUTION NO. 2019-131 EXPENDITURE APPROPRIATIONS: General Fund General Government $3,757,881 General Government Buildings 939,939 Police 9,484,284 Fire & Emergency Preparedness 1,568,294 Community Development 1,759,523 Public Works 4,187,070 Community Activities, Recreation & Services 1,886,524 Convention and Tourism 562,900 Joint Powers 187,000 Insurance 260,528 Central Supplies 488,200 Vacancy & Turnover Savings (350,000) Reimbursements from Other Funds (1,148,154) Transfers to Other Funds 210,000 Subtotal General Fund $23,793,989 Debt Service 2013B General Obligation Improvement Bond Levy $385,509 2015A General Obligation Improvement Bond Levy 253,543 2016A General Obligation Improvement Bond Levy 216,720 2017A General Obligation Improvement Bond Levy 280,486 2018A General Obligation Improvement Bond Levy 252,329 2019A General Obligation Improvement Bond Levy 68,460 Subtotal Debt Service $1,457,047 Housing & Redevelopment Authority Transfer to Economic Development Authority $413,335 TOTAL BUDGETED APPROPRIATIONS25,664,371 September 23 2019 "'�/ P1 Date ice Elliott, Mayor ATTEST: ftuazN" Barb Suciu, City Clerk The motion for adoption of the forgoing resolution was duly seconded by member Graves and upon vote being taken thereon, the following voted in favor thereof: Butler, Graves, Lawrence -Anderson, Ryan and the following voted against same: Elliott whereupon said resolution was declared duly passed and adopted.