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HomeMy WebLinkAboutResolution No. 2018-125 Adopting Budget for Year 2019 and Establishing Tax Levy Payable in 2019RESOLUTION NO. 2018-125 A RESOLUTION ADOPTING THE BUDGET FOR THE CITY OF EDINA FOR YEAR 2019, AND ESTABLISHING TAX LEVY PAYABLE IN 2019 THE CITY COUNCIL OF THE CITY OF EDINA, MINNESOTA, DOES RESOLVE AS FOLLOWS: Section I. The Budgets for all Governmental Funds as shown on Attachment A for the City of Edina for the calendar year 2019 is hereby adopted and funds are hereby appropriated; Section 2. The Budgets for all Enterprise Funds as shown on Attachment B for the City of Edina for the calendar year 2019 is hereby adopted and funds are hereby appropriated; 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 as follows: FOR GENERAL FUND $30,009,121 FOR CONSTRUCTION FUND $2,630,000 FOR ARTS AND CULTURE FUND $20,000 LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2016A (Fire) $406,000 LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2010A (City Hall) $952,000 LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2017C (PW) $1,050,000 LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2013A (PW) $448,600 LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS — SERIES 2009A (PW) $ I96,400 LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS — SERIES 2014 ( ome) $1,168,900 LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS — SERIES 2015A ym) $390,000 TOTAL TAX CAPACITY LEVY Approved this 4 n, ay of L�eceFnber 2018. Attest: STATE OF MINNESOTA COUNTY OF HENNEPIN CITY OF EDINA n Allison, City Clerk SS $37,271,021 ames B. Hovland, Mayor CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the .ttached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of December 4, 2018 . • as ecorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of I Li!V ,2018. City Clerk CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 www.EdinaMN.gov • 952-927-8861 • Fax 952-826-0389 Attachment A CITY OF EDINA Governmental Fund Budgets 20I f GOVERNMENTAL FUND BUDGETS Braemar Arts& Debt General HRA PACS CAS CDBG Police SR Memorial Culture Service Construction Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Total REVENUES AND OTHER FINANCING SOURCES Property tax levy $ 30,009.121 $ 160,000 $ - $ • $ $ - i 20,000 f 4,611,900 $ 1430000 $ 37.431,021 Tax Increments - 5,315,000 - - 5,315,000 Franchise fees & other taxes 892,500 - 1,200,000 1200000 - - 105,000 3,397.500 • 3,956,273 3,956,273 Scensespecial and peer -• 75,000 4,789.430 Licenses and p Intergovernmental 14.2N477 - - - 175000 1.553,977 Chaesfoservices 1,511,923 - - 125,000 Charges for services 4,511,523 - - 200000 1900,000 Fines and forfeitures 900,000 - Imeumentlaome 120,000 120,500 - 0 200 75 6,000 I55,000 401,779 Cther revenue 433,650 - 167,061 5000 5,150 - - 610.861 Tanders 50,000 - - - 3,298,163 200000 3,548,163 _ 2,648269 7,648,269 Debt issued' TOTAL REVENUES AND OTHER FINANCING SOURCES 42,095201 5,595,540 1,200,000 1200,000 125.000 167,065 5,200 25,225 7.916,063 10.144,542 69,273,7% EXPENDITURES AND OTHER FINANCING USES - BY DEPARTMENT _ 12,500 I0,568,602 Adnlnluation 2,026.407 7,330,725 1.188,970 812,500 0568,602 Communication tech 1,288,764 • 096,724 Human resources 888.694 1.B88,694 125 Finance 1,099,125 - - _ 1,405,613 1,099,677 Public works 6,595,064 _ - 1,733,025 8,627,877 Endneering 1,849492 1,245,362 - 221,000 13,827,656 9 Police 12728,656 - - 133,000 Fire 9,035,118 - - - 145,000 9,180218 Parks& recreation ' 5501.785 - - -• 40,000 150850 279,000 5,876,635 Community development 1,841,9% - - 125,000 - - 1,966,9% • 7,684,860 • 7,684,860 Tr - _ 3,298.163 3298.163 Tranndnders TOTAL EXPENDITURES AND OTHER FINANCING USES 42.895201 7,330,725 1.245,362 1.188,970 125,000 133,000 40,000 15,850 7,684,860 9911,261 70,571,229 EXPENDITURES AND OTHER FINANCING USES " BY TYPE ,4 - Personal services 29,946.880 168,305 113.679 131.033 - 15210 110,9110.917 17 0,]0,551010,81814 Contractual services 6,135,622 585,510 20,000 252,525 125,000 78,000 - 600 33383 L347276 Commodtles 2,439,999 900 15,000 400000 7,500 Central services 4,352,700 57% 5411 1836 4,365,744 Equipment - - . - 47.500 2270,600 2,318,100 40,000 4,066,985 12,153,871 Capital s outlay - 6.576,000 1,070,%7 400,000 - 7,684960 - 7.684,860 ebte- - 3,2%,163 3,198.163 Trender8 . TOTAL EXPENDITURES AND OTHER FINANCING USES 42,895,201 7,330,725 1.245,361 1,188,970 125,000 133,000 40000 15,850 7684,860 9,912.261 70,571229 CHANGE IN FUND BALANCE f - f (1,75) 35,32f (43,362) $ 11,030 f - $ 34,065 f (34,800) $ 9375 f 231,203 f 232261 f 1,297A33 11/26/2018 Attachment B CITY OF EDINA Enterprise Fund Budgets 2019 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 2018 REVENUES AND TRANSFERS IN Operating revenues $ 22,790,121 $ 13,973,293 $ 1,039.650 $ 3,508,828 $ 2,347,100 $ 409,000 $ 516,350 $ 1,393,750 $ 814.000 $ 902,952 $ 47,695,044 $ 43.869.840 _ 110,000 210,000 Intergovernmental mental 110,000 163,000 153,000 Investment income 90,000 22,000 16,000 1,000 8,000 2,000 18,000 6,000 43,000 36,000 Other revenue 2,000 32,000 9,000 - Transfers 300,000 200,000 200,000 700,000 650,000 TOTAL REVENUES AND TRANSFERS IN 22,992,121 14,005,293 1,061,650 3,524,828 2,648,100 417.000 727,350 1,411,750 1,020,000 902.952 48,711,044 44,918,840 EXPENSES AND TRANSFERS OUT • BY DEPARTMENT 12.666.162 12,338,353 Administration 12,666,162 860.000 860.000 860000 Human resources - _ 384.409 369,889 Finance Public 384,409 - - 17,323,876 16,550,953 Engineering works 17,347,418 - 347.418 342,231 Poke 538,418182 - 538,182 522.542 Police 538,182 " Parks and recreation - 1,082,477 3,871,292 3,036,046 887,431 715,142 1,722,953 1,147,964 - 12,463,305 11,000,856 950,000 900,000 Transfers 100,000 850,000 TOTAL EXPENSES AND TRANSFERS OUT 18,693,885 13,516,162 1,082,477 3,871,292 3,036,046 887,431 715,142 1,722,953 1,147,964 860.000 45,533,352 42.884,824 EXPENSES AND TRANSFERS OUT • BY TYPE COGS 10,100,558 43,000 213.999 127,750 500 80,000 13,000 - 10,578,807 10,178,080 Personal servic es 2,606,912 1,571,457 390,214 1,527,038 1,096,083 167,983 495,225 843,093 694,952 115,000 9,507,957 8,398077 Contractual services 8,171,626 532863 176,200 451,600 813.100 163,750 105,925 357,300 190,600 745,000 11,707,964 11,314,136 Commodities 1,084,750 76,812 105,600 249,950 127,500 22,250 66,500 178,950 134,800 - 2047,112 1,874,535 Central services 788,400 282,972 33,588 144,024 95,484 17,448 40,992 75,360 69,612 1,547,1380 1,542,132 Depreciation 5,415,000 101,500 316,500 1,020,000 660,000 516,000 6,000 188,250 45,000 8,268,250 7.646,250 925,382 1,031,614 Transfers 527,197 - 17,375 264,681 116,129 - 950,000 900,000 Transfers I00,000 850000 - - TOTALEXPENSESAND TRANSFERS OUT 18,693,885 13,516,162 1,082,477 3,871,292 3,036,046 887,431 715.142 1,722,953 1,147,964 860,000 45,533,352 42,884,824 CHANGE IN NET POSITION $ 4,298,236 $ 489,131 $ (20,827) $ (346,464) $ 387,946 $ 470431 $ 12,208 $ (311.203) $ (127,964) $ 42.952 $ 3,177,692 $ 2,034,016 11/26/2018