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HomeMy WebLinkAbout2017 Budget Summary Report City of Oak Park Heights 2017 MINNESOTA CITY SUMMARY BUDGET STATEMENT The purpose of this Report is to provide summary 2017 budget information concerning the City of Oak Park Heights to interested citizens. The budget is published in accordance with Minn. Sta. 471.6965. This budget is a summary document only; the complete budget may be examined at the Oak Park City Hall, 14168 Oak Park Blvd. or online at www.cityofoakparkheights.com The City Council approved this budget on Dec. 13, 2016. 2015201620162017 ActualAdopted BudgetAmended BudgetAdopted Budget REVENUES Property Taxes$ 5,104,956 $ 5,265,543$ 5,265,543$ 5,268,161 Licenses and Permits125,70486,67786,67796,195 Intergovernmental Federal469000 State142,19878,04078,04084,040 Other14,2429,0009,00010,000 Charges For Sevices143,33551,65051,65052,600 Fines and Forfeits64,32050,00050,00040,000 Interest on Investments18,621000 Miscellaneous Revenue118,43880,65080,65088,650 Total Revenues$ 5,732,283 $ 5,621,560$ 5,621,560$ 5,639,646 CURRENT EXPENDITURES General Government $ 1,250,503 $ 1,417,132$ 1,447,132$ 1,394,172 Public Safety1,610,8301,752,9911,752,9911,737,397 Streets and Highways241,396459,421459,421409,580 Sanitation199,771210,150210,150216,900 Culture and Recreation154,346183,241183,241178,472 Conservation of Natural Resources12,5355,1505,1505,300 Total Current Expenditures$ 3,469,381 $ 4,028,085$ 4,058,085$ 3,941,821 Transfers To Other Funds1,527,8751,620,4752,142,0041,697,825 Total Expenditure and Other Financing Uses$ 4,997,256 $ 5,648,560$ 6,200,089$ 5,639,646 Increase (Decrease) in Fund Balance$ 735,027 $ (27,000)$ (578,529)$ - Property Tax Levy Required to Fund this Budget$ 4,784,896 $ 5,191,593$ 5,191,593$ 5,193,661 Property Tax Levy Required to Fund Debt Budget0000 Total Property Tax Levy$ 4,784,896 $ 5,191,593$ 5,191,593$ 5,193,661