HomeMy WebLinkAbout2021-102RESOLUTION 2021-102
ADOPTING A BUDGET FOR THE YEAR 2022, SETTING THE CITY LEVY, APPROVING THE HRA LEVY, AND APPROVING A TAX
RATEINCREASE.
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 2022 is hereby approved and adopted with appropriations
for each of the funds listed below. The estimated gross revenues to fund the budget for the year 2022, including general ad
valorum tax levies and use of fund balances, are also as listed below.
Revenue
Expense
Governmental Funds
General Fund
15,376,700
15,376,700
Planning & Inspections
460,000
440,671
Econ Dev Authority Admin
255,500
250,028
Cable Television
138,800
194,150
Library
1,107,400
1,135,800
After School Programs
22,200
45,795
21st Century Arts
45,400
48,518
Downtown Parking
41,200
41,200
Capital Project Funds
2,511,206
2,765,775
Debt Service Funds
1,481,734
1,510,900
Debt Principal
Proprietary Funds
Capital Assets
Paid (Advanced)
Water Fund
4,028,850
3,384,646
875,000
80,000
Sewer Fund
6,638,050
2,664,379
4,226,250
59,600
Refuse Fund
2,233,100
2,212,175
2,300
Storm Sewer Fund
672,850
693,659
50,000
60,400
Liquor Fund
9,576,500
9,450,900
-
260,000
Municipal Service Center
936,005
11077,627
-
Information Systems
630,600
675,300
Use of Fund Balance
41187,872
Total Including Interfund Transfers
46,156,095
46,156,095
5,153,550
460,000
Section B. The following sums of money are levied for the current year, collectable in 2022 upon the taxable property in said City
of Columbia Heights, for the following purposes:
Estimated General Fund Levy 12,784,700
Estimated Library Levy 1,058,800
Estimated EDA Fund Levy 255,500
Total 14,099,000
Citv of Columbia Heights - Council Resolution 2021-1.02 Page 7
Section C. The City Council of the City of Columbia Heights hereby approves the Housing and Redevelopment Authority Tax Levy
for the fiscal year 2022 in the amount of $310,000.
BE IT FURTHER RESOLVED: That the County Auditor is authorized to fix a property tax rate for taxes payable in the year 2022 that
is higher than the tax rate calculated for the City for taxes levied in 2020 collectable in 2021.
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 $254,949 and that the County Auditor is authorized to cancel
$254,949 of the related Bond Levy for taxes payable in 2022, leaving a balance of $230,400 to be levied for taxes payable 2022
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 2017A in the amount of $334,819 and that the County Auditor is authorized to cancel
$334,819 of the related Bond Levy for taxes payable in 2022, leaving a balance of $0 to be levied for taxes payable in 2022 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 $255,033 and that the County Auditor is authorized to cancel
$255,033 of the related Bond Levy for taxes payable in 2022, leaving a balance of $309,200 to be levied for taxes payable in 2022
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 $34,922 and that the County Auditor is authorized to cancel $34,922
of the related Bond Levy for taxes payable in 2022, leaving a balance of $186,234 to be levied for taxes payable in 2022 for Series
2018A.
The Finance Director is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Anoka County,
Minnesota.
Approved this 13th day of December, 2021
Offered By: Buesgens
Seconded By: Novitsky n
Roll Call: All Ayes, Marquez Simula Absent la l
Attest: tlq n Murzyn,,l , Council President
Sara -ran, City Clerk/Council Secretary