HomeMy WebLinkAboutResolution No. 2006-114 Approving 2007 Budget & 2007 Tax Levy ow e °?A RESOLUTION NO. 2006-114
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RESOLUTION ADOPTING THE BUDGET FOR City of Edina
THE CITY OF EDINA FOR THE YEAR 2007, AND
ESTABLISHING TAX LEVY FOR YEAR 2007, PAYABLE IN 2007
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 2007 is hereby adopted as
after this set forth, and funds are hereby appropriated therefore:
GENERAL FUND
GENERAL GOVERNMENT
Mayor and Council $ 75,590
Administration 1,051,302
Planning 544,859
Finance 637,583
Election 189,506
Assessing 803,525
Legal and Court Services 338,450
TOTAL GENERAL GOVERNMENT $ 3,640,815
• PUBLIC WORKS
Administration $ 201,387
Engineering 1,100,952
Streets 4,819,049
TOTAL PUBLIC WORKS $ 6,121,388
PROTECTION OF PERSONS AND PROPERTY
Police $ 7,434,674
Civilian Defense 62,149
Animal control 91,406
Fire 4,362,832
Public Health 496,694
Inspections 941,904
TOTAL PROTECTION OF PERSONS/PROPERTY $ 13,389,659
PARK DEPARTMENT
Administration $ 720,311
Recreation 402,001
Maintenance 2,427,464
TOTAL PARK DEPARTMENT $ 3,549,776
NON-DEPARTMENTAL EXPENDITURES
Contingencies $ 123,200
Special Assessments/ City 30,000
• Property
Capital Plan Appropriation 50,000
City Hall 1 952-927-8861
4801 WEST 50TH STREET FAX 952-826-0390
EDINA, MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379
Employee Programs 136,124
Commissions/Special Projects 200,104
• TOTAL NON-DEPARTMENTAL EXPENDITURES $ 539,428
TOTAL GENERAL FUND $ 27,241,066
DEBT SERVICE -HRA PUBLIC PROJECT BONDS- $ 1,080,100
SERIES 2002
DEBT SERVICE OF EQUIPMENT CERTIFICATES $ 150,100
DEBT SERVICE/HRA PUBLIC PROJECT BONDS- $ 417,400
SERIES 2005A
TOTAL EXPENDITURES $ 28,888,666
Section 2. Estimated receipts other than the General Tax Levy are proposed as hereinafter
set forth:
GENERAL FUND
MVHC/Abatements $ (388,504)
Licenses and Permits 2,559,250
Municipal Court Funds 875,000
Department Service Charges 2,466,230
Other 350,000
Transfer from Liquor fund 721,200
Income on Investments 200,000
Aid-Other Agencies 400,000
• Police Aid 330,000
TOTAL ESTIMATED RECEIPTS $ 7,513,176
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 $ 19,427,890
LEVY FOR PAYMENT/HRA PUBLIC PROJECT $ 1,080,100
BONDS-SERIES 2002
LEVY FOR PAYMENT OF EQUIPMENT CERTIFICATE $ 0
LEVY FOR PAYMENT/ HRA PUBLIC PROJECT $ 417,400
BONDS -SERIES 2005A
TOTAL LEVY $ 20,925,390
Section 4. That this budget proposes to use the following 2005 reserves to fund the
following non-recurring expenditures:
FINAL DEBT SERVICE PAYMENT OF EQUIPMENT
CERTIFICATES $ 150,100
ANTICIPATED COSTS OF THE COMPREHENSIVE
PLAN UPDATE $ 300,000
TOTAL USE OF RESERVES $ 450,100
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Section 5. 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 1996B/2005A $ 605,138
Passed and adopted by the City Council on December 19, 006
ATTEST:
City Clerk 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 19, 2006, 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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