HomeMy WebLinkAboutResolution No. 2007-133 2008 Budget Adoption �9ZNA.�I'1
RESOLUTION NO. 2007-133
y RESOLUTION ADOPTING THE BUDGET FOR
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�.en4A��9 THE CITY OF EDINA FOR THE YEAR 2008, AND
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ESTABLISHING TAX LEVY FOR YEAR 2008, PAYABLE IN 2008
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 2008 is hereby adopted as after this set
forth, and funds are hereby appropriated therefore:
GENERAL FUND
GENERAL GOVERNMENT
Mayor and Council $ 90,530
Administration 1,017,760
Planning 463,755
Finance 674,476
Election 204,068
Assessing 834,944
Legal and Court Services 348,590
TOTAL GENERAL GOVERNMENT $ 3,734,123
PUBLIC WORKS
Administration $ 209,511
Engineering 1,022,207
Streets 5,168,528
TOTAL PUBLIC WORKS $ 6,400,246
PROTECTION OF PERSONS AND PROPERTY
• Police $ 7,796,069
Civilian Defense 64,592
Animal control 95,381
Fire 4,611,104
Public Health 502,730
Inspections 1,028,054
TOTAL PROTECTION OF PERSONS/PROPERTY $ 14,097,930
PARK DEPARTMENT
Administration $ 733,304
Recreation 420,052
Maintenance 2,688,544
TOTAL PARK DEPARTMENT $ 3,841,900
NON-DEPARTMENTAL EXPENDITURES
Contingencies $ 126,900
Special Assessments/City Property 30,000
Capital Plan Appropriation 50,000
Employee Programs 140,200
Commissions/Special Projects 233,343
TOTAL NON-DEPARTMENTAL EXPENDITURES $ 580,443
TOTAL GENERAL FUND $ 28,654,642
DEBT SERVICE -HRA PUBLIC PROJECT BONDS— $ 1,040,186
SERIES 2002
DEBT SERVICE- HRA PUBLIC PROJECT BONDS— $ 385,794
• SERIES 2005A
DEBT SERVICE—CIP PLAN BONDS—SERIES 2007A $ 455,641
TOTAL EXPENDITURES $ 30,536,263
CitH 11$o ytE� � lsted receipts other than the General Tax Levy are proposed as hereinafter set 952-927-8861
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EDINA,MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379
GENERAL FUND
MVHC/Abatements $ (73,000)
Licenses and Permits 2,715,050
Municipal Court Funds 925,000
Department Service Charges 2,637,388
Other 373,000
Transfer from Liquor fund 742,800
,Income on Investments 275,000
Aid-Other Agencies 400,000
Police Aid 345,000
TOTAL ESTIMATED RECEIPTS $ 8,340,238
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 $ 20,314,404
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS $ 1,040,186
—SERIES 2002
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS $ 200,000
- SERIES 2005A
LEVY FOR PAYMENT OF CIP PLAN BONDS - SERIES $ 455,641
2007A
TOTAL LEVY $ 22,010,231
Section 4. That this budget proposes to transfer to the Series 2005A bonds Debt Service Fund the
• following amount:
SURPLUS FUNDS OF THE GYMNASIUM $ 185,794
CONSTRUCTION FUND
TOTAL TRANSFERS TO DEBT SERVICE FUNDS $ 185,794
Section 5. That transfers from the General Fund Unappropriated Reserves be made for the
following purposes:
TO FUND ART IN THE PARK $ 10,000
TO PREPAY THE SPECIAL ASSESSMENT FOR TODD $ 165,000
PARK
TO FUND VARIOUS PROJECTS WITHIN THE $ 475,000
CONSTRUCTION FUND
TOTAL TRANSFERS TO THE CONSTRUCTION FUND $ 650,000
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 $ 595,438
Passed and adopted by the City Council on December 18,2007
ATTEST: % - __-
Debra A. Mange , ity rk es B. Hovland, Mayor
• STATE OF MINNESOTA )
COUNTY OF HENNEPIN )SS
CITY OF EDINA )
CERTIFICATE OF CITY CLERK
1, 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 18, 2007, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of 20_.
City Clerk
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