HomeMy WebLinkAbout9. Adoption of the 2005/2006 Tax Levy and Budget Resolutions-Res. No. 6342-Res. No. 6343
9.
City of Shakopee
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
RE: Adoption Of The 2005/06 Tax Levy And Budget
Resolutions
DATE: December 7, 2005
Introduction and Background
Resolution Number 6342 adopts the final tax levy for payable 2006
taxes. The total gross tax levy for 2005/06 is $698,611 more
than for 2004/05 primarily due to loss of state aid.
Resolution Number 6343 adopts the 2006 Budget. The budget must
be adopted after the tax levy.
Action
. Open public hearing.
. Accept public comment.
. Offer Resolution Number 6342, A Resolution Setting the 200STax
. Levy, Collectable In 2006, and move its adoption.
. Offer Resolution Number 6343 A Resolution Adopting the 2006
. Budget, and move its adoption.
. Close public hearing.
./iI
Gregg Voxland
Finance Director
h:\budget06\budres06
.
RESOLUTION NO. 6342
A RESOLUTION SETTING 2005 TAX LEVY, COLLECTIBLE IN 2006
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE,
COUNTY OF SCOTT, MINNESOTA, that the following sums of money be
levied as the tax levy in' accordance with existing law for the
current year, collectible in 2006, upon the taxable property in
the City of Shakopee, for the following purposes:
General Levy $10,621,136
Plus Economic Development Authority 60,000
Debt Service - Fire Referendum 250,781
(Market Value)
BE IT FURTHER RESOLVED, that the City Clerk is hereby instructed
to t'ransmi t a certified copy to this reso.lution to the County
Auditor of Scott County, Minnesota.
Adopted in session of the City Council of the City of
Shakopee, Minnespta, held this Twentieth day of December, 2005.
Mayor of the City of Shakopee
ATTEST:
City Clerk
RESOLUTION NO. 6343
A RESQLUTIONADOPTING THE 2006 BUDGET
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY COUNCIL OF THE CITY OF
SHAKOPEE, MINNESOTA that the 2006 Budget wi th the estimated revenues
and appropriations for the General Fund and the Special Revenue Funds
as shown below is hereby adopted.
Estimated Revenue Expenditures
& Other Sources & Other Uses
General Fund
Mayor and Council $ 113,320
Administration 532,410
City Clerk 305,210
Finance 723,020
Legal 485,100
Planning 419,660
Government Buildings 581,420
Information Technology 268,540
Police 4,809,020
Fire 1,561,570
Inspection 912,090
Engineering 930,580
Street 1,452,940
Shop 357,190
Park 1,171,530
Unallocated 160,000
Transfers 1,318,110
Totar.General Fund $15,658,510 16,101,710
Transit Fund 720,000 829,440
Telecommunications Fund 258,000 389,760
Recreation Fund 2,248,950 2,248,950
Adopted in session of the City Council of the City of
Shakopee, Minnesota, held this Twentieth day of December, 2005.
Mayer of the City of Shakopee
ATTEST:
City Clerk