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HomeMy WebLinkAbout15-168CITY OF LAKEVILLE RESOLUTION NO. 15-168 RESOLUTION ADOPTING THE 2016 BUDGET BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the following 2016 budget, a copy of which is on file in the Finance Directors Office, is hereby approved and adopted. Fund/Department General Fund General property taxes Licenses and permits Intergovernmental revenue Charges for services Courtfines 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 Operations and Maintenance Streets Parks Recreation Heritage Center Arts Center Other Transfers to other funds Total General Fund Revenues $ 18,553,538 1,855,528 988,816 3,149,629 315,000 40,376 41,645 806,513 25,751,045 Expenditures $ 99,866 71,284 413,336 195,441 78,178 458,036 297,952 1,000,761 427,117 718,826 543,979 490,511 182,180 9,693,385 1,753,089 785,343 652,545 3,321,247 2,442,197 622,974 98,770 479,173 562,501 50,000 25,438,691 RESOLUTION ADOPTING THE 2016 BUDGET (continued) ADOPTED by the Lakeville City Council this 7th day of December 2015 CITY OF LAKEVI LLE, MINNESOTA By: tt Little, ayor ATTEST - Charlene Friedges, City CI Enterprise Enterprise Debt/Capital Fund/Department Revenues Expenditures Bond Proceeds Acquisitions Special Revenue Funds Communications 760,644 973,904 Economic Development 2,713 12,500 Total Special Revenue Funds 763,357 986,404 Debt Service Funds 9,502,375 12,532,216 Capital Projects Funds Municipal state -aid 4,182,411 3,206,172 Pavement Management 1,377,950 1,768,580 Improvement Construction 19,567,324 19,767,324 Storm Sewer 1,054,990 676,132 Water 10,383,396 1,919,000 Sanitary Sewer 285,400 289,000 Park Dedication 2,244,015 2,460,739 Park Improvement 347,000 312,500 Trail Improvement 78,200 251,520 Tax Increment 80,250 - Building 851,000 840,800 Equipment 1,340,522 3,231,578 Total Capital Projects Funds 41,792,458 34,723,345 Internal Service - Municipal Reserves Fund 364,174 542,609 Enterprise - Liquor Fund 13,907,543 14,100,237 - 297,915 Enterprise - Utility Fund 11,727,759 22,644,275 7,473,720 587,174 Grand Total $ 103,808,711 $ 110,967,777 $ 7,473,720 $ 885,089 ADOPTED by the Lakeville City Council this 7th day of December 2015 CITY OF LAKEVI LLE, MINNESOTA By: tt Little, ayor ATTEST - Charlene Friedges, City CI