HomeMy WebLinkAboutResolution No. 2013-075 RESOLUTION 2013-75
RESOLUTION ADOPTING A PROPOSED BUDGET FOR THE YEAR 2014,SETTING THE PROPOSED CITY LEVY,APPROVING THE HRA
LEVY,APPROVING A TAX RATE INCREASE,AND ESTABLISHING A BUDGET HEARING DATE FOR PROPERTY TAXES PAYABLE IN
2014.
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 2014 is hereby approved and adopted with appropriations for
each of the funds listed below.
Expense
General Fund 11,231,718
Community Development Fund 234,334
Economic Development Fund 272,332
State Aid
187,839
Cable Television 104,931
Library 810,143
Infrastructure 145,064
Capital Improvement 1,022,599
Capital Equipment Replacement Funds 107,850
Construction Funds 1,895,000
Central Garage Fund 725,463
Liquor Operating 8,636,500
Liquor Capital/Non-Operating 583,386
Water Utility Fund 2,772,737
Sewer Utility Fund 2,188,125
Refuse Fund 1,860,513
Storm Sewer Fund 411,214
Data Processing 329,385
Debt Service Fund 2,415,570
Total Expense Including Interfund Transfers 35,934,703
Section B. The estimated gross revenues to fund the budget of the City of Columbia Heights for all funds, including
general ad valorum tax levies and use of fund balances, as hereinafter set forth for the year 2014.
Revenue
General Fund 11� 231 718
Community Development Fund 234,334
Economic Development Fund 272,332
State Aid 187,839
Cable Television 104,931
Library 810,143
Infrastructure 145,064
Capital Improvement 1,022,599
Capital Equipment Replacement Funds 107,850
Construction Funds 1,895,000
Central Garage Fund 725,463
Liquor Operating 81636,500
Liquor Capital/Non-Operating 583,386
Water Utility Fund 2,772,737
Sewer Utility Fund 2,188,125
Refuse Fund 1,860,513
Storm Sewer Fund 411,214
Data Processing 329,385
Debt Service Fund 2,415,570
Total Revenue Including Interfund Transfers 35,934,703
Section C. The following sums of money are levied for the current year,collectable in 2014 upon the taxable property in
said City of Columbia Heights, for the following purposes:
Estimated General Fund Levy 8,328,896
Estimated Library Levy 784,770
Estimated EDA Fund Levy 84,000
Total 9,197,666
Section D. The City Council of the City of Columbia Heights hereby approves the Housing and Redevelopment Authority Tax Levy
for the fiscal year 2014 in the amount of$185,000.
BE IT FURTHER RESOLVED: That the public budget hearing is scheduled for December 9,2013 at approximately 7:00 p.m. in the City
Council Chambers.
BE IT FURTHER RESOLVED: That the County Auditor is authorized to fix a property tax rate for taxes payable in the year 2014 that is
higher than the tax rate calculated for the City for taxes levied in 2012 collectable in 2013.
BE IT FURTHER RESOLVED: That the City has adequate fund balances and reserves to pay bond principal and interest payments on
General Obligation Bond Series 2006A in the amount of$99,202 and that the County Auditor is authorized to cancel the related
Bond Levy in its entirety for taxes payable 2014.
BE IT FURTHER RESOLVED: That the City has adequate fund balances and reserves to pay bond principal and interest payments on
General Obligation Bond Series 2008B in the amount of$300,000 and that the County Auditor is authorized to cancel$300,000 of
the related Bond Levy for taxes payable in 2014, leaving a balance of$357,087 to be levied for taxes payable in 2014 for Series
2008B.
BE IT FURTHER RESOLVED: That the City has adequate fund balances and reserves to pay bond principal and interest payments on
General Obligation Bond Series 2009A in the amount of$3,803 and that the County Auditor is authorized to cancel$3,803 of the
related Bond Levy for taxes payable in 2014, leaving a balance of$225,854 to be levied for taxes payable in 2014 for Series 2009A.
The City Clerk is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Anoka County, Minnesota.
Approved this 9th day of September,2013.
Offered By: Diehm
Seconded By: Williams
Roll Call:Schmitt,aye;Williams,aye; Diehm,aye; Nawrocki, nay;Peterson, aye
Ayes:4 Nays: 1
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Mayor Gary L. Pete son
Tori Leo ar t
City ClerQouncil Secretary