HomeMy WebLinkAboutResolution Preliminary Tax Levy (2) 0 1
Oak Park Heights
Request for Council Action
Meeting Date September 11 2012
Agenda Item Title Adopt Resolution Approving 2013 Proposed Budget and Proposed Tax
Levies
_Time Required 5 Minutes
Agenda Placement New Business
Originating Department / Requestor Finance — Betty Caruso Finance Director
Requester's Signature
Action Requested Approve 2013 General Fund Pro osed Budget and Proposed General
Fund Tax Lew. Adopt Resolution
Background/ Justification (Please indicate any previous action, financial implications
including budget information and recommendations).
After the budget workshops for the 2013 proposed budget and tax levy the proposed revenue budget is
$4,893,418 and the proposed expenditure budget is $4,893,418.
The proposed General Fund levy amount is $4,538,193. The amount levied for the G. 0. Capital Improvement
Bonds of 2008 and 2009 is $410,000 and $138,000 respectively, and is included in the General Fund Levy.
My preliminary calculation for the General Fund Levy is an 7.3% or $310,131 increase in total levy and a 11.8%
increase in total tax rate over 2012. This tax rate increase is due to the reduction in taxable capacity value and
the increase in the levy for changes in the General Fund operations.
Increases for 2013 Budget includes increases of $12,000 in debt service, $35,400 for contracted labor costs,
$86,670 in public safety for the addition of an officer, $12,900 in insurance, $24,620 increase the fire contract,
$57,200 increase in capital cost and other contractual and supply expenditures increases and decreases. Along
with the above increases the City is experiencing a reduction of revenues of $71,400.
Attached is a Proposed 2013 Revenue & Expenditure Budget Summary for your review.
The proposed 2013 General Fund Levy must be adopted, approved and certified to Washington County by
September 15, 2012. The final budget and levy must be submitted to the County by December 28, 2012.
1 recommend approval of the proposed 2013 General Fund Budget, 2013 General Fund Levy and adoption of
the Resolution for the proposed 2013 General Fund budget and levies.
RESOLUTION 12 -09 -33
CITY OF OAK PARK HEIGHTS
WASHINGTON COUNTY, MINNESOTA
A RESOLUTION APPROVING THE 2013 PROPOSED BUDGET AND GENERAL FUND
LEVIES
WHEREAS, the City Staff has prepared and submitted to the
City Council it's proposed budget for calendar year 2013; and,
WHEREAS, the City Council for the City of Oak Park Heights
has determined that the proposed budget as submitted by the City
Staff is in the best interests of the citizens of the City of Oak
Park Heights.
NOW, THEREFORE, BE IT RESOLVED by the City Council for the
City of Oak Park Heights as follows:
1. That the 2013 proposed budget is hereby approved as
presented by City Administration in the total General
Fund amount of $4,893,418.
2. That the City Administrator is hereby authorized and
directed to certify to Washington County the Proposed
General Fund levy -for the City of Oak Park Heights for
the calendar year 2013 in the amount of $4,538,193.
Passed by the City Council for the City of Park Heig s
this 11th day of September 2012.
/ Dav d ea , Mayor
At est:
ri Johnson
Ad nistrator