HomeMy WebLinkAboutResolution No. 2013-103RESOLUTION 2013 -103
RESOLUTION ADOPTING A BUDGET FOR THE YEAR 2014, SETTING THE CITY LEVY AND APPROVING THE HRA 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 2014 is hereby approved and adopted with appropriations for
each of the funds listed below.
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.
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
2,785,737
Sewer Utility Fund
2,235,125
Refuse Fund
1,860,513
Storm Sewer Fund
495,214
Data Processing
329,385
Debt Service Fund
2,120,180
Total Expense Including Interfund Transfers
35,783,313
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
8,636,500
Liquor Capital /Non- Operating
583,386
Water Utility Fund
2,785,737
Sewer Utility Fund
2,235,125
Refuse Fund
1,860,513
Storm Sewer Fund
495,214
Data Processing
329,385
Debt Service Fund
2,120,180
Total Revenue Including Interfund Transfers
35,783,313
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 $183,887.
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 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 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.
BE IT FURTHER RESOLVED: That the City has adequate fund balances and reserves to pay 2014 Bond principal and interest
payments on General Obligation Bond Series 2013A in the amount of $92,107 and that the County Auditor is authorized to cancel
this Bond Levy in its entirety for taxes payable in 2014.
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 December 2013.
Offered By: Diehm
Seconded By: Williams
Roll Call: Ayes: Schmitt, Willi
Nays: Nawrocki
t
Tori Leonhar t
City Clerk/-Czuncil Secretary