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HomeMy WebLinkAbout14-133CITY OF LAKEVILLE RESOLUTION NO. 14-133 RESOLUTION ADOPTING THE 2015 BUDGET BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota, that the following 2015 budget, a copy of which is on file in the Finance Directors Office, is hereby approved and adopted. General Fund General property taxes Licenses and permits Intergovernmental revenue Charges for services Court fines Investment income Miscellaneous Transfers from other funds 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 Transfers to other funds Total General Fund 17,811,502 1,968,416 827,661 2,939,577 288,001 40,376 46,145 809,935 24,731,613 $ 97,411 71,096 414,285 127,401 82,351 429,809 300,526 854,922 433,123 665,298 530,931 378,472 322,100 9,211,309 1,639,147 712,273 3,548,005 2,388,645 608,476 104,516 448,505 105,000 727,000 24,200,601 RESOLUTION ADOPTING THE 2015 BUDGET (continued) Fund/Department Revenues Expenditures Special Revenue Funds Communications Economic Development Debt Service funds Property Taxes Special Assessments State -aid Tax Increment Water Revenue Arena Revenue HRA Lease Revenue Capital Projects Funds Municipal state -aid Pavement Management Improvement Construction Building Equipment Park Dedication Trail Storm Sewer Water Sanitary Sewer Tax Increment Internal Service - Municipal Reserves Fund Enterprise - Liquor Fund Enterprise - Utility Fund Grand Total 721,634 1,316,151 2,776 7,500 3,946,601 17,288,139 1,966,214 2,240,044 841,528 842,566 374,566 282,986 2,055,580 2,055,580 183,796 318,620 647,050 609,524 8,308,260 3,398,390 1,311,550 1,867,078 25,015,653 25,015,653 51,000 802,375 3,097,616 2,210,852 2,618,192 2,669,603 78,200 226,336 1,053,074 926,132 12,192,392 12,223,280 298,815 368,000 493,036 489,427 14,791,435 13,443,005 10,119,706 8,927,064 $ 110,794,852 $ 118,775,208 Enterprise Debt/Capital Improvements 214,398 9,016,051 $ 9,230,449 BE IT FURTHER RESOLVED that the actual 2014 unencumbered fund balance in excess of $9,760,650 is to be appropriated as follows: 1. First $85,000 to Park Improvement Fund for Land of Amazement 2. Second $100,000 appropriated to the 2015 Street Reconstruction Project 3. Next $300,000 to be appropriated (prorated) as follows: a. 2015 Equipment Fund (non -funded equipment) b. Park Improvement Fund (New) i. Parks $150,000 50.0% 4. Remaining unencumbered balances appropriated to the 2015 Street Reconstruction Project APPROVED this 15th day of December 2014 CITY OF LAKEVILLE, MINNESOTA By: Matt Little, Mayor A EST: _4G Charlene Friedges, City derk Maximum Allot i. Police $65,000 21.7% ii. Fire $25,000 8.3% iii. Streets $38,000 12.7% iv. Parks $22,000 7.3% b. Park Improvement Fund (New) i. Parks $150,000 50.0% 4. Remaining unencumbered balances appropriated to the 2015 Street Reconstruction Project APPROVED this 15th day of December 2014 CITY OF LAKEVILLE, MINNESOTA By: Matt Little, Mayor A EST: _4G Charlene Friedges, City derk