HomeMy WebLinkAbout2016-67RESOLUTION 2016 -67
ADOPTING A PROPOSED BUDGET FOR THE YEAR 2017, 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 2017.
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
Section A. The budget for the City of Columbia Heights for the year 2017 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 2017.
Revenue
Governmental Funds
Expense
General Fund
11,304,877
Governmental Funds
440,675
Economic Development Authority Admin.
297,018
General Fund
11,389,877
Library
878,079
Planning & Inspections
440,675
Special Project Funds
25,000
Economic Development Authority Admin.
302,018
Capital Project Funds
1,745,005
Cable Television
143,459
Library
878,079
After School Programs
44,000
Special Project Fund
25,000
Public Safety - Other
111,955
Capital Project Funds
2,262,519
Debt Service Funds
2,015,700
Capital
Bond
Proprietary Funds
Assets
Principal
Water Fund
2,798,419
325,000
185,800
Sewer Fund
2,630,788
-
35,000
Refuse Fund
2,050,851
-
-
Storm Sewer Fund
687,738
385,000
111,600
Liquor Fund
8,884,000
-
195,000
Central Garage
758,959
-
-
Building Maintenance
196,831
-
-
Information Systems
381,761
-
-
Total Including Interfund Transfers
36,002,629
710,000
527,400
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 2017.
Revenue
Governmental Funds
General Fund
11,304,877
Planning & Inspections
440,675
Economic Development Authority Admin.
297,018
Cable Television
227,400
Library
878,079
After School Programs
22,000
Special Project Funds
25,000
Public Safety - Other
-
Capital Project Funds
1,745,005
Debt Service Funds
2,038,123
City of Columbia Heights — Council Resolution 2016 -67
Proprietary Funds
Water Fund
3,230,800
Sewer Fund
2,236,750
Refuse Fund
1,993,750
Storm Sewer Fund
912,600
Liquor Fund
8,964,700
Central Garage
692,915
Building Maintenance
206,500
Information Systems
335,000
Use of Fund Balance
451,437
Total Including Interfund Transfers
361002,629
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Section C. The following sums of money are levied for the current year, collectable in 2017 upon the taxable property in said
City of Columbia Heights, for the following purposes:
Estimated General Fund Levy 8,925,000
Estimated Library Levy 845,111
Estimated EDA Fund Levy 84,000
Total 9,854,111
Section D. The City Council of the City of Columbia Heights hereby approves the Housing and Redevelopment Authority Tax
Levy for the fiscal year 2017 in the amount of $209,468.
BE IT FURTHER RESOLVED: That the public budget hearing is scheduled for December 12, 2016 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 2017
that is higher than the tax rate calculated for the City for taxes levied in 2015 collectable in 2016.
BE IT FURTHER RESOLVED: That the City, 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
2017 in the amount of $136,992 and that the County Auditor is authorized to cancel the related Bond Levy in its
entirety for taxes payable 2017.
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 20088 in the amount of $430,000 and that the County Auditor is authorized to cancel
$430,000 of the related Bond Levy for taxes payable in 2017, leaving a balance of $227,434 to be levied for taxes payable in
2017 for Series 20088.
BE IT FURTHER RESOLVED: That the City, pursuant to Resolution 2009 -74, has previously certified to the County Auditor an
initial debt levy schedule for all years applicable to the General Obligation Bond Series 2009A, and that the City hereby
confirms the amount of $234,289 to be levied for taxes payable in 2017, as listed therein for Series 2009A.
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 2015A in the amount of $2,436 and that the County Auditor is authorized to cancel $2,436
of the related Bond Levy for taxes payable in 2017, leaving a balance of $480,000 to be levied for taxes payable in 2017 for
Series 2015A.
The Finance Director /Treasurer is hereby instructed to transmit a certified copy of this resolution to the County Auditor of
Anoka County, Minnesota.
City of Columbia Heights — Council Resolution 2016 -67
Approved this 12`h day of September, 2016
Offered By:
Seconded By
Roll Call:
Ayes:
Nays:
Williams
Schmitt
4 Ayes, 1 Nay, Motion Carried
Peterson, Williams, Schmitt and Murzyn, Jr.
Nawrocki
Mayor Gary L. Pete on
l
i 1t `&
Katie Bruno
City Clerk /Council Secretary
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