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HomeMy WebLinkAbout13-117CITY OF LAKEVILLE RESOLUTION NO. 13-117 RESOLUTION ADOPTING THE 2014 BUDGET BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the following 2014 budget, a copy of which is on file in the Finance Directors Office, is hereby approved and adopted. Fund /Department Revenues General Fund General property taxes $ 16,794,367 Licenses and permits 1,947,676 Intergovernmental revenue 608,401 Charges for services 2,156,037 Court fines 274,590 Investment income 44,413 Miscellaneous 61,461 Transfers from other funds 759,814 Mayor and Council Committees /Commissions City administration City Clerk Legal counsel Planning Community and econ. development Inspection General government facilities Finance Information systems Human resources Insurance Police Fire Engineering Streets Parks Recreation Heritage Center Arts Center Other Total General Fund 22,646,759 Expenditures 97,021 62,794 403,228 184,724 82,351 427,787 295,953 851,202 417,452 626,703 490,633 351,013 289,075 8,921,850 1,431,615 904,728 2,738,702 2,235,675 584,240 78,774 405,068 303,497 22,184,085 RESOLUTION ADOPTING THE 2014 BUDGET (continued) Enterprise Debt /Capital Fund /Department Revenues Expenditures Improvements Special Revenue Funds Communications 620,120 640,034 Economic Development 3,124 7,500 Debt Service Funds Property Taxes 4,292,319 14,930,381 Special Assessments 2,180,966 1,676,895 State -aid 837,876 838,543 Tax Increment 695,020 602,058 Water Revenue 987,280 987,280 Arena Revenue 184,470 183,458 HRA Lease Revenue 631,150 599,516 Capital Projects Funds Municipal state -aid 4,000,000 7,131,915 Pavement Management 1,579,685 2,017,469 Improvement Construction 10,129,109 10,129,109 Building 960 377,825 Equipment 1,360,314 3,104,936 Park Dedication 1,291,133 1,095,200 Trail 49,200 297,309 Storm Sewer 1,134,357 915,939 Water 10,737,090 4,467,893 Sanitary Sewer 315,430 302,000 Tax Increment 190,009 1,113 Internal Service - Municipal Reserves Fund 458,625 477,282 Enterprise - Liquor Fund 15,860,866 15,771,157 196,833 Enterprise - Utility Fund 9,661,040 8,744,603 3,056,539 Grand Total $ 87,826,321 $ 96,546,318 $ 3,253,372 APPROVED AND ADOPTED this 16th day of December 2013 by the City Council of the City of Lakeville, Minnesota. CITY OF LAKEVILLE, MINNESOTA ATT T: Charlene Friedges, City C By: Matt Little, Mayor