HomeMy WebLinkAbout2020-77RESOLUTION 2020-77
ADOPTING A PROPOSED BUDGET FOR THE YEAR 2021, 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 2021.
Now, 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 2021 is hereby approved and adopted with appropriations for
each of the funds listed below:
Revenue Expense
Governmental Funds
General Fund 14,193,950 14,371,339
Planning & Inspections 446,370 448,150
Economic Development Authority Admin. 255,500 254,625
Cable Television 152,000 202,750
Library 1,081,750 1,081,750
After School Programs 22,000 43,700
21st Century Arts 45,400 45,500
Special Project Fund
Downtown Parking 56,200 56,200
Capital Project Funds 2,224,000 2,864,273
Debt Service Funds 1,526,200 1,516,700
Proprietary Funds Capital Assets Debt Principal
Water Fund 3,806,025 3,220,128 775,000 80,000
Sewer Fund 2,389,950 2,558,029 260,000 53,400
Refuse Fund 2,186,710 2,149,110 30,000 Storm Sewer Fund 640,845 738,403 56,600
Liquor Fund 9,358,200 9,167,000 260,000
Municipal Service Center 918,200 1,043,674
Information Systems 419,000 462,800
Use of Fund Balance 501,831
Total Including lnterfund Transfers 40,224,131 40,224,131 1,065,000 450,000
Section B. The following sums of money are levied for the current year, collectable in 2021 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
11,631,000
1,032,936
255,500
12,919,436
City of Columbia Heights -Council Resolution 2020-77 Page 2
Section C. The City Council of the City of Columbia Heights hereby approves the Housing and Redevelopment Authority Tax Levy
for the fiscal year 2021 in the amount of$ 250,000.
BE IT FURTHER RESOLVED: That the public budget hearing is scheduled for December 14, 2020 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 2021 that
is higher than the tax rate calculated for the City for taxes levied in 2019 collectable in 2020.
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 $245,000 and that the County Auditor is authorized to cancel $245,000 of
the related Bond Levy for taxes payable in 2021, leaving a balance of $239,299 to be levied for taxes payable in 2021 for Series
2015A.
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 2017 A in the amount of $329,779 and that the County Auditor is authorized to cancel $329,779 of
the related Bond Levy for taxes payable in 2021, leaving a balance of $0 to be levied for taxes payable in 2021 for Series 2017A.
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 2017B in the amount of $245,000 and that the County Auditor is authorized to cancel $245,000 of
the related Bond Levy for taxes payable in 2021, leaving a balance of $319,286 to be levied for taxes payable in 2021 for Series
2017B.
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 2018A in the amount of $29,966 and that the County Auditor is authorized to cancel $29,966 of
the related Bond Levy for taxes payable 2021, leaving a balance of $185,415 to be levied for taxes payable in 2021 for Series
2018A.
The Finance Director/Treasurer is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Anoka
County, Minnesota.
Approved this 28th day of September, 2020.
Offered By: Buesgens
Seconded By: Novitsky
Roll Call: All Ayes
Donna K. Schmitt, Mayor