HomeMy WebLinkAboutResolution No. 2016-118 Adopting 2017 Budget & Tax Levy 2017 A,
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RESOLUTION NO. 2016-118
RESOLUTION ADOPTING THE BUDGET FOR
THE CITY OF EDINA FOR THE YEAR 2017, AND
ESTABLISHING TAX LEVY PAYABLE IN 2017
THE CITY COUNCIL OF THE CITY OF EDINA MINNESOTA DOES RESOLVE AS FOLLOWS:
Section 1: The Budgets for all Governmental Funds for the City of Edina for the calendar year
2017 is hereby adopted as after this set forth, and funds are hereby appropriated therefore:
2017 GOVERNMENTAL FUND BUDGETS
Braemar Arts& Debt Environmental
General HRA PACS CAS CDBG Police SR Memorial Culture Service Efficiency Construction
Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total
REVENUES AND OTHER FINANCING SOURCES
Property ax levy $ 26.860.319 $ 95,000 $ $ - $ - $ - $ - $ 20,000 $ 4,595,500 $ $ 2,251,550 $ 33,822,369
Reductions -Net tax revenue 26.860,319 95.000 - - 20,000 4,595.500 2,251,550 33,822.369
Tax increments . 2,500,000 - - - - - - - - 2,500,000
Franchise fees&other axes 810.000 - 1,200,000 250.000 - - - - - 105,000 2,365,000
Special assessments - - - - - - - - 4,612,026 4,612,026
Licenses and permits 4.192.660 - - - - - - - - 90,000 4,282.660
Intergovernmental 1,195,550 - - 125,000 36.000 - - - - 1,375,000 2,731,550
Charges for services 4,017,973 7,275,000 - - - - - - 35,000 11,327,973
Fines and forfeitures 975,000 - - - - - - - - - 975,000
Investment income 120,000 62,000 - - - 300 200 10,000 70,000 262,500
Other revenue 478,800 - 134,061 5,000 5,350 - 623,211
Transfers 50,000 - - - - - 2,850,783 200,000 3,100,783
Debt issued - - - - - 3,108,982 3,108,982
Other financing sources - - -
TOTAL REVENUES AND OTHER
FINANCING SOURCES 38,700,302 9,932,000 1.200.000 250,000 125,000 170,361 5,200 25.350 7,456,283 11.847,558 69,712.054
EXPENDITURES AND OTHER FINANCING USES-BY DEPARTMENT
Administration 1,839,504 10,960,433 - - - - - 22,500 12.822.437
Communication&tech. 1,204,517 - - - - - - - 163,300 1,367,817
Human resources 812,755 - - - - 100,000 912,755
Finance 880,745 - - - - - - - - - 880,745
Public works 9,727,954 - - - - - - - 1,081,563 10,809,517
Engineering 1.642.170 - 1,005,365 157,495 - - - - 5.548,309 8,353,339
Police 11,438,368 - - 140,500 - - 349,000 11,927,868
Fire 7,746,806 - - - - 132,100 7,878,906
Parks&recreation 1,597,506 - - 79,000 22,450 - 67,900 - 1,766,856
Community development 1.809,977 - 125,000 - - - - 200,000 2,134,977
Debt service - - - - - - 11,550,961 - - 11,550,961
Transfers 2,850,783 2,850,783
TOTAL EXPENDITURES AND OTHER
FINANCING USES 38,700,302 10,960,433 1,005,365 157,495 125,000 140,500 79,000 22.450 11,550,961 67,900 10,447,555 73.256,961
EXPENDITURES AND OTHER FINANCING USES-BY TYPE
Personal services 26,585,024 129,068 116,531 106,761 - - - - 107,237 27,044,621
Contractual services 5,586,577 679,865 20,000 35,000 125,000 98,000 - 20,425 221,203 6,786,070
Commodities 2,338,165 1,500 20,000 15,000 - 15,000 2,025 - - 26,933 2,418,623
Central services 4,190,536 - 734 734 - - - - 1,968 4,193,972
Equipment - - - - 27,500 - - - 1,412,722 1,440,222
Capital outlay - 10,150,000 848,100 - - - 79,000 - 67,900 5,826,709 16,971,709
Debt service - - - - 11,550,961 - . 11,550,961
Transfers 2,850,783 2,850,783
TOTAL EXPENDITURES AND OTHER
FINANCING USES 38,700,302 10,960,433 1,005,365 157,495 125,000 140,500 79,000 22,450 11,550,961 67,900 10,447,555 73,256,961
CHANGE IN
FUND BALANCE $ - $ (1,028,433) $ 194,635 $ 92505 $ - $ 29,861 $ (73,800) $ 2,900 $(4,094,678) $ (67,900) $ 1,400,003 $ (3,544,907)
CITY OF EDINA
4801 West 50th Street a Edina,Minnesota 55424
wwwEdinaMN.gov e 952-927-8861 e Fax 952-826-0390
Section 2: The Budgets for all Enterprise Funds for the City of Edina for the calendar year 2017
is hereby adopted as after this set forth, and funds are hereby appropriated therefore:
2017 ENTERPRISE FUND BUDGETS
Aquatic Golf Sports Art Risk
Utilities Liquor Center Course Arena Dome Center Edinborough Centennial Management
Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total
REVENUES AND TRANSFERS IN
Operating revenues $20,680,555 $12,667,946 $ 1,014,186 $ 1,273,301 $ 2,250,500 $ 401,810 $ 453,350 $ 1,362,800 $ 784,000 $ 942,885 $ 41,831,333
Intergovernmental 112,000 112,000
Investment income 79,889 3,000 9,000 4,000 5,000 1,000 13,000 3,000 117,889
Other revenue 10,000 10,000 1,500 21,500
Transfers 200,000 200,000 100,000 100,000 600,000
TOTAL REVENUES AND
TRANSFERS IN 20,882,444 12,677,946 1,017,186 1,482,301 2,454,500 406,810 555,850 1,375,800 887,000 942,885 42,682,722
EXPENSES AND TRANSFERS OUT•BY DEPARTMENT
Administration 12,025,686 12,025,686
Human resources 665,000 665,000
Finance 309,404 309,404
Public works 15,375,873 15,375,873
Engineering 243,254 243,254
Police 507,724 507,724
Parks and recreation 938,173 2,023,015 2,654,073 736,043 709,507 1,671,496 1,095,584 9,827,891
Transfers 100,000 750,000 850,000
TOTAL EXPENSES AND
TRANSFERS OUT 16,536,255 12,775,686 938,173 2,023,015 2,654,073 736,043 709,507 1,671,496 1,095,584 665,000 39,804,832
EXPENSES AND TRANSFERS OUT•BY TYPE
COGS 9,517,071 42,000 37,120 105,500 2,750 85,000 14,000 9,803,441
Personal services 2,127,459 1,544,824 342,914 581,231 901,750 60,314 455,163 802,264 657,428 60,000 7,533,347
Contractual services 7,605,022 526,879 179,200 367,175 729,950 149,930 107,950 351,750 183,925 605,000 10,806,781
Commodities 1,116,700 75,032 89,150 104,085 104,750 3,725 73,800 169,800 123,800 1,860,842
Central services 710,302 267,380 38,396 142,365 75,189 12,074 45,844 85,932 73,931 1,451,413
Depreciation 4,499,500 94,500 246,500 710,000 610,000 510,000 24,000 176,750 42,500 6,913,750
Interest 377,272 - 13 81,039 126,934 585,258
Transfers 100,000 750,000 - 850,000
TOTAL EXPENSES AND
TRANSFERS OUT 16,536,255 12,775,686 938,173 2,023,015 2,654,073 736,043 709,507 1,671,496 1,095,584 665,000 39,804,832
CHANGE IN NET
POSITION $ 4,346,189 $ (97,740) $ 79,013 $ (540,714) $ (199,573) $ (329,233) $ (153,657) $ (295,696) $ (208,584) $ 277,885 $ 2,877,890
Section 3. That there will be levied upon all taxable real and personal property in the City of
Edina a tax rate sufficient to produce the amounts hereinafter set forth:
FOR GENERAL FUND $ 26,860,319
FOR CONSTRUCTION FUND $ 2,251,550
FOR ARTS AND CULTURE FUND $ 20,000
LEVY FOR PAYMENT OF CIP PLAN BONDS- SERIES 2016A(Fire) $ 403,000
LEVY FOR PAYMENT OF CIP PLAN BONDS - SERIES 2010A (City Hall) $ 946,000
LEVY FOR PAYMENT OF CIP PLAN BONDS - SERIES 2009A (PW) $ 1,046,700
LEVY FOR PAYMENT OF CIP PLAN BONDS-SERIES 2013A (PW) $ 447,900
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS- SERIES 2009A (PW) $ 201,400
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS- SERIES 2014 (Dome) $ 1,162,500
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS-SERIES 2015A (Gym) $ 388,000
TOTAL TAX CA CITY LEVY $ 33,727,369
Passed and adopted by the Ci Council on December 6, 2016.
ATTEST:
De ra A. Mangen, City erk James B. Hovland, Mayor
STATE OF MINNESOTA )
COUNTY OF HENNEPIN )SS
CITY OF EDINA )
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify
that the attached and foregoing Resolution was duly adopted by the Edina City Council at its
Regular Meeting of December 6, 2016, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of , 20_.
City Clerk