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HomeMy WebLinkAboutResolution No. 2003-55 RESOLUTION 2003 - 55 RESOLUTION ADOPTING A BUDGET FOR THE YEAR 2004, SETTING THE CITY LEVY, APPROVING THE HRA LEVY, AND CANCELING THE SCHEDULED BOND LEVY NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF COLUMBIA HEIGHTS, MINNESOTA: that the following is hereby adopted by the City of Columbia Heights. Section A. The budget for the City of Columbia Heights for the year 2004 is hereby approved and adopted with appropriations for each of the funds listed below. General Fund Community Development Fund Economic Development Fund Parkview Villa North Parkview Villa South Anoka County CDBG State Aid Cable Television Library DARE Project Infrastructure Capital Improvement Capital Equipment Replacement Funds Central Garage Fund Liquor Operating Liquor Capital Improvement Water Utility Fund Sewer Utility Fund Refuse Fund Storm Sewer Fund Data Processing Debt Service Fund Total Expense Including Interfund Transfers Expense 8,232,817 472,230 222,648 373,900 197,477 1,016 166,431 233,427 631,271 5,375 159,871 64,000 1,026,692 488,271 6,836,166 6,000,000 1,756,214 1,361,319 1,537,967 307,164 271,745 2,326,713 32,672,514 Section B. The estimated gross revenue to fund the budget of the City of Columbia Heights for all funds, inclUding general ad valorem tax levies and use of fund balances, as hereinafter set forth for the year 2004: General Fund Community Development Fund Economic Development Fund Parkview Villa North Parkview Villa South Rental Housing State Aid Cable Television Library DARE Project Infrastructure Capital Improvement Capital Equipment Replacement Funds Central Garage Fund Liquor Operating Liquor Capital Improvement Water Utility Fund Sewer Utility Fund Refuse Fund Storm Sewer Fund Data Processing Debt Service Fund Total Revenue Including Interfund Transfers Revenue 8,232 617 472 230 222 648 373 900 197 477 I 016 166 431 233 427 631 271 5,375 159,871 64,000 1,026,692 488,271 6,836,166 6,000,000 1,756,214 1,361,319 1,537,967 307,164 271,745 2,326,713 32,672,514 RESOLUTION 2003 - 55 RESOLUTION ADOPTING A BUDGET FOR THE YEAR 2004, SETTING THE CITY LEVY, APPROVING THE HRA LEVY, AND CANCELING THE SCHEDULED BOND LEVY Section C. The following sums of money are levied for the current year, collectable in 2004, upon the taxable property in said City of Columbia Heights, for the following purposes: Estimated General Fund Levy Estimated Library Levy Estimated EDA Fund Levy Total Levy GenemlLevy Estima~d Area-Wide TotalLevy 3,891,670 1,037,040 4,928,710 433,585 433,585 84,965 84,965 4,410,220 1,037,040 5,447,260 Section D. The City Council of the City of Columbia Heights hereby approves the Housing and Redevelopment Authority Tax Levy for the fiscal year 2004 in the amount of $137,683. BE IT FURTHER RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBIA HEIGHTS, COUNTY OF ANOKA, MINNESOTA: That the county auditor is authorized to fix a property tax rate for taxes payable in the year 2004 that is higher than the tax rate calculated for the city for taxes levied in 2002, collectable in 2003. BE IT FURTHER RESOLVED: That the city has adequate fund balances and reserves to pay all 2004 bond principal and interest payments and the county auditor is authorized to cancel all bond levies for taxes payable in 2004. The City Clerk is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Anoka County, Minnesota. Approved this 15th day of December, 2003 Offered By: Seconded By: Roll Call: Ericson Kelzenberg Ayes: Wyckoff, Williams, Ericson, Kelzenberg Nays: Nawrocki ~a Muscovitz, De~, CMC I~'°~ Julienne Wyck°ff U ~