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HomeMy WebLinkAboutResolution No. 2009-115 Resolution Adopting the Budget for the City of Edina for the Year 2010, and Establishing Tax Levy for Year 2010, Payable in 2010 RESOLUTION NO. 2009-115 w91NA, RESOLUTION ADOPTING THE BUDGET FOR THE CITY OF EDINA FOR THE YEAR 2010, AND o e tCn%� ESTABLISHING TAX LEVY FOR YEAR 2010, PAYABLE IN 2010 • • Cogll�tt J City of Edina THE CITY COUNCIL OF THE CITY OF EDINA MINNESOTA DOES RESOLVE AS FOLLOWS: Section 1: The Budget for the City of Edina for the calendar year 2010 is hereby adopted as after this set forth, and funds are hereby appropriated therefore: GENERALFUND GENERAL GOVERNMENT Mayor and Council $ 88,323 Administration 1,096,852 Planning 457,937 Finance 681,057 Election 200,181 Assessing 842,228 Legal and Court Services 381,800 Commissions & Projects 575,238 TOTAL GENERAL GOVERNMENT $ 4,323,616 PUBLIC WORKS Administration $ 219,154 Engineering 1,026,803 Streets 4,771,899 TOTAL PUBLIC WORKS $ 6,017,856 PROTECTION OF PERSONS AND PROPERTY Police $ 7,804,861 Civilian Defense 57,654 Animal control 88,347 Fire 4,383,678 Public Health 498,117 Inspections 1,033,256 TOTAL PROTECTION OF PERSONS/PROPERTY $ 13,865,913 PARK DEPARTMENT Administration $ 759,525 Recreation 412,804 Maintenance 2,583,144 TOTAL PARK DEPARTMENT $ 3,755,473 TOTAL GENERAL FUND $ 27,962,858 CONSTRUCTION FUND EQUIPMENT PURCHASES $ 2,050,283 DEBT SERVICE - HRA PUBLIC PROJECT BONDS — $ 1,039,561 SERIES 2002 DEBT SERVICE — EQUIPMENT CERTIFICATES $ 164,010 DEBT SERVICE - HRA PUBLIC PROJECT BONDS — $ 396,793 SERIES 2005A DEBT SERVICE — CIP PLAN BONDS — SERIES 2007A $ 454,591 DEBT SERVICE — PUBLIC WORKS FACILITY $ 1,372,802 TOTAL EXPENDITURES $ 33,440,898 • City Hall 952-927-8861 4801 WEST 50TH STREET FAX 952-826-0390 EDINA,MINNESOTA,55424-1394 www.cityofedina.com TTY 952-826-0379 Resolution No. 2009-115 Page 2 • Section 2. Estimated receipts other than the General Tax Levy are proposed as hereinafter set forth: GENERALFUND MVHC/Abatements $ (622,124) Licenses and Permits 2,231,760 Municipal Court Funds 950,000 Department Service Charges 2,702,268 Other 332,000 Transfer from Liquor fund 765,100 Income on Investments 109,382 Aid-Other Agencies 402,000 Police Aid 355,000 TOTAL GENERAL FUND ESTIMATED RECEIPTS $ 7,225,386 CONSTRUCTION FUND MVHC/Abatements $ (240,494) Equipment Certificate Proceeds 230,000 Sale of Assets 45,000 TOTAL CONSTRUCTION FUND ESTIMATED RECEIPTS $ 34,506 TOTAL ESTIMATED RECEIPTS $ 7,259,892 Section 3. That there is proposed to 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: . GENERAL FUND $ 20,737,472 CONSTRUCTION FUND —EQUIPMENT LEVY $ 940,494 LEVY FOR PAYMENT OF HRA PUBLIC PROJECT $ 1,039,561 BONDS — SERIES 2002 LEVY FOR PAYMENT OF EQUIPMENT CERTIFICATES $ 164,010 DEBT LEVY FOR PAYMENT OF HRA PUBLIC PROJECT $ 381,793 BONDS - SERIES 2005A LEVY FOR PAYMENT OF CIP PLAN BONDS - SERIES $ 454,591 2007A LEVY FOR PAYMENT OF PUBLIC WORKS FACILITY $ 1,172,802 DEBT TOTAL LEVY $ 24,890,723 Section 4. That this budget proposes to transfer to the Debt Service Fund the following amounts: SURPLUS FUNDS OF THE GYMNASIUM $ 15,000 CONSTRUCTION FUND — SERIES 2005A DEBT SERVICE TOTAL TRANSFERS TO DEBT SERVICE FUNDS $ 15,000 Section 5. That this budget proposes to use the following reserves to fund expenditures: DEBT SERVICE RESERVE FOR 2009 LEVY OVER $ 200,000 • EXPENDITURE USE OF THE EQUIPMENT REPLACEMENT RESERVE $ 1,075,283 TO PURCHASE EQUIPMENT TOTAL TRANSFERS TO THE CONSTRUCTION FUND $ 1,275,283 Resolution No. 2009-115 Page 3 Section 6. That there is proposed to be levied upon all taxable real and personal property in the City of Edina, a tax rate sufficient to produce the amount below for the debt levy of the market value based referendum levy and canceling the portion of the levy not required to produce the following amount: GO PARK AND RECREATION BONDS SERIES 199613/2005 $ 602,250 Passed and adopted by the City Council on December 15, 2009 i ATTEST: _ Debra A. Mangen, Ci CI James . 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 15, 2009, and as recorded in the Minutes of said Regular Meeting. • WITNESS my hand and seal of said City this ,CS day of &AAV-jj1A-, 20—ce� C" yCl •