HomeMy WebLinkAbout2015-97RESOLUTION NO. 2015 -97
A resolution of the City Council for the City of Columbia Heights, Minnesota, adopting a budget for the year
2016, setting the City levy, approving the HRA levy, and approving a tax rate increase.
Whereas, on December 14`" 2015, the City Council held a public meeting on the proposed 2016 budget and
property tax levy; and
Whereas, notice of this public meeting and the estimated effect of the proposed property tax levy was mailed
prior to the hearing to each property owner by the County of Anoka, as required under the State of Minnesota
Truth -in- Taxation statute;
Now, therefore, in accordance with all ordinances and regulations of the City of Columbia Heights, the City
Council of the City of Columbia Heights makes the following:
ORDER OF COUNCIL
IT IS HEREBY RESOLVED:
Section A. The budget for the City of Columbia Heights for the year 2016 is hereby approved and
adopted with appropriations for each of the funds listed below.
ExnPnsP
Governmental Funds
General Fund
11,022,668
Planning & Inspections
293,533
Economic Development Authority Admin.
295,216
Cable Television
134,122
Library
845,931
After School Programs
44,000
Special Project Fund
25,000
Public Safety - Other
169,412
Capital Project Funds
3,354,033
Debt Service Funds
1,755,169
Capital
Bond
Proprietary Funds
Assets
Principal
Water Fund
3,073,042
935,290
241,028
Sewer Fund
2,352,584
82,290
35,000
Refuse Fund
1,981,991
0
0
Storm Sewer Fund
781,625
358,000
120,256
Liquor Fund
9,267,661
0
180,000
Central Garage
715,088
0
0
Building Maintenance
163,432
0
0
Information Systems
372,452
0
0
Total Including Interfund Transfers
36,646,959
1,375,580
576,284
Section B. The estimated gross revenues to fund the budget of the City of Columbia Heights for the
year 2016, including general ad valorum tax levies and use of fund balances, are as listed below.
City of Columbia Heights - Council Resolution 2015 -97
Z-
Section C. The following sums of money are levied for the current year, collectable in 2016 upon the
taxable property in the City of Columbia Heights, for the purposes listed below.
Estimated General Fund Levy 8,641,452
Estimated Library Levy 813,999
Estimated EDA Fund Levy 78,023
Total 9,533,474
Section D. The City Council of the City of Columbia Heights hereby approves the Columbia Heights
Housing and Redevelopment Authority Tax Levy for the fiscal year 2016 in the amount of $202,364.
BE IT FURTHER RESOLVED: That the County Auditor is authorized to fix a property tax rate for taxes payable in
the year 2016 that is higher than the tax rate calculated for the City of Columbia Heights for taxes payable in
2015.
Revenue
Governmental Funds
General Fund
10,978,668
Planning & Inspections
293,533
Economic Development Authority Admin.
294,050
Cable Television
230,900
Library
845,931
After School Programs
-
Special Project Funds
25,000
Public Safety - Other
169,412
Capital Project Funds
3,297,184
Debt Service Funds
1,828,947
Proprietary Funds
Water Fund
3,210,400
Sewer Fund
1,849,500
Refuse Fund
1,928,500
Storm Sewer Fund
709,600
Liquor Fund
9,473,050
Central Garage
708,370
Building Maintenance
163,500
Information Systems
335,000
Use of Fund Balance
305,414
Total Including Interfund Transfers
36,646,959
Z-
Section C. The following sums of money are levied for the current year, collectable in 2016 upon the
taxable property in the City of Columbia Heights, for the purposes listed below.
Estimated General Fund Levy 8,641,452
Estimated Library Levy 813,999
Estimated EDA Fund Levy 78,023
Total 9,533,474
Section D. The City Council of the City of Columbia Heights hereby approves the Columbia Heights
Housing and Redevelopment Authority Tax Levy for the fiscal year 2016 in the amount of $202,364.
BE IT FURTHER RESOLVED: That the County Auditor is authorized to fix a property tax rate for taxes payable in
the year 2016 that is higher than the tax rate calculated for the City of Columbia Heights for taxes payable in
2015.
City of Columbia Heights - Council Resolution 2015 -97
Page 3
BE IT FURTHER RESOLVED: That the City of Columbia Heights, pursuant to Resolution 2015 -07, has previously
called and redeemed all bond principal and interest payments on General Obligation Bond Series 2007A
applicable for taxes payable in 2016 in the amount of $137,255 and that the County Auditor is authorized to
cancel the related Bond Levy in its entirety for taxes payable in 2016.
BE IT FURTHER RESOLVED: That the City of Columbia Heights has adequate fund balances and reserves to pay
bond principal and interest payments on General Obligation Bond Series 2008B in the amount of $439,360 and
that the County Auditor is authorized to cancel $439,360 of the related Bond Levy for taxes payable in 2016,
leaving a balance of $218,410 to be levied for taxes payable in 2016 for Series 2008B.
BE IT FURTHER RESOLVED: That the City of Columbia Heights has adequate fund balances and reserves to pay
bond principal and interest payments on General Obligation Bond Series 2009A in the amount of $4,091 and
that the County Auditor is authorized to cancel $4,091 of the related Bond Levy for taxes payable in 2016,
leaving a balance of $223,872 to be levied for taxes payable in 2016 for Series 2009A.
BE IT FURTHER RESOLVED: That the City of Columbia Heights has adequate fund balances and reserves to pay
bond principal and interest payments on General Obligation Bond Series 2013A in the amount of $104,787
and that the County Auditor is authorized to cancel the related Bond Levy in its entirety for taxes payable
2016.
BE IT FURTHER RESOLVED: That the City of Columbia Heights has adequate fund balances and reserves to pay
bond principal and interest payments on General Obligation Bond Series 2015A in the amount of $5,454 and
that the County Auditor is authorized to cancel $5,454 of the related Bond Levy for taxes payable in 2016,
leaving a balance of $480,000 to be levied for taxes payable in 2016 for Series 2015A.
BE IT FURTHER RESOLVED: That the Finance Director /Treasurer of the City of Columbia Heights is hereby
instructed to transmit a certified copy of this resolution to the County Auditor of Anoka County, Minnesota.
Passed this 14th day of December, 2015