HomeMy WebLinkAbout9. Adoption of the 2003/04 Tax Levy and Budget-Res. No. 5975, 5989
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City of Shakopee
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
RE: Adoption Of The 2003/04 Tax Levy And Budget
Resolutions
DATE: December 2, 2003
Introduction and Background
Resolution Number 5975 adopts the final tax levy for payable 2004
taxes. The total gross tax levy for 2003/04 is $736,677 more
than for 2002/03 primarily due to changes in anticipated state
aid and growth in the city.
Resolution Number 5989 adopts the 2004 Budget. The budget must
be adopted after the tax levy.
Action
Open public hearing.
Accept public comment.
Offer Resolution Number 5975, A Resolution Setting the 2003 Tax
Levy, Collectable In 2004, and move its adoption.
Offer Resolution Number 5989 A Resolution Adopting the 2004
Budget, and move its adoption.
Close public hearing.
~V ;&:J
Gregg Voxland
Finance Director
g:\budget04\budres04
RESOLUTION NO. 5975
A RESOLUTION SETTING 2003 TAX LEVY, COLLECTIBLE IN 2004
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 wi th existing law for the
current year, collectible in 2004, upon the taxable property in
the City of Shakopee, for the following purposes:
General Levy $7,945,654
Plus Economic Development Authority 60,000
Debt Service Levy 334,824
Debt Service - Fire Referendum 265,217
(Market Value)
BE IT FURTHER RESOLVED, that the City Clerk is hereby instructed
to transmit a certified copy to this resolution to the County
Auditor of Scott County, Minnesota.
Adopted in session of the City Council of the City of
Shakopee, Minnesota, held this day of December, 2003.
Mayor of the City of Shakopee
ATTEST:
City Clerk
RESOLUTION NO. 5989
A RESOLUTION ADOPTING THE 2004 BUDGET
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY COUNCIL OF THE CITY OF
SHAKOPEE, MINNESOTA that the 2004 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
Genera1 Fund
Mayor and Council $ 78,830
Administration 519,800
City Clerk 276,360
Finance 620,530
Legal 452,500
Planning 704,440
Government Buildings 522,260
Police 3,791,090
Fire 1,108,700
Inspection 654,420
Engineering 697,170
Street 1,088,370
Shop 333,550
Park 729,250
Unallocated 183,000
Transfers 946,180
Total General Fund $12,292,950 $12,706,450
Transit Fund $742,000 $687,110
Telecommunications Fund $185,500 $241,780
Adopted in session of the City Council of the City of
Shakopee, Minnesota, held this day of December, 2003.
Mayor of the City of Shakopee
ATTEST:
City Clerk