HomeMy WebLinkAbout9. Public Hearing on the 2004/05 tax levy and budget-Res. No. 6161 and Res. No. 6162
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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 2004/05 Tax Levy And Budget
Resolutions
DATE: December 2, 2004
Introduction and Background
Resolution Number 6161 adopts the final tax levy for payable 2005
taxes. The total gross tax levy for 2004/05 is $1,077,511 more
than for 2003/04 primarily due to growth in the city.
Resolution Number 6162 adopts the 2005 Budget. The budget must
be adopted after the tax levy.
Action
. Open public hearing.
. Accept public comment.
. Offer Resolution Number 6161, A Resolution Setting the 2004 Tax
. Levy, Collectable In 2005, and move its adoption.
. Offer Resolution Number 6162 A Resolution Adopting the 2005
. Budget, and move its adoption.
. Close public hearing.
~ Voxland
Finance Director
g:\budget05\budres05
RESOLUTION NO. 6161
A RESOLUTION SETTING 2004 TAX LEVY, COLLECTIBLE IN 2005
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 2005, upon the taxable property in
the City of Shakopee, for the following purposes:
General Levy $9,368,526
Plus Economic Development Authority 60,000
Debt Service - Fire Referendum 254,680
(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, 2004.
Mayor of the City of Shakopee
ATTEST:
City Clerk
RESOLUTION NO. 6162
A RESOLUTION ADOPTING THE 2005 BUDGET
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY COUNCIL OF THE CITY OF
SHAKOPEE, MINNESOTA that the 2005 Budget with 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 $ 97,470
Administration 466,000
City Clerk 375,330
Finance 677,080
Legal 485,880
Planning 464,270
Government Buildings 523,140
Information Technology 264,180
Police 4,377,720
Fire 1,153,590
Inspection 726,780
Engineering 822,900
Street 1,245,260
Shop 390,880
Park 1,015,060
Unallocated 130,000
Transfers 1,103,780
Total General Fund $13,970,810 14,319,320
Transit Fund 888,000 815,890
Telecommunications Fund 190,000 376,230
Recreation Fund 1,986,010 1,986,010
Adopted in session of the City Council of the City of
Shakopee, Minnesota, held this day of December, 2004.
Mayor of the City of Shakopee
ATTEST:
City Clerk