CCR1995217COMMON CO m kCITY-OF MUSKEGO
AMENDED
RESOLUTION #217-95
e APPROPRIATING THE NECESSARY FUNDS FOR THE OPERATION OF THE GOVERNMENT AND
ADMINISTRATION OF THE CITY OF MUSKEGO FOR THE YEAR 1996
BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation
Muskego for the year 1996 including monies received from the General Property Tax Levy,
of the Finance Committee, does hereby appropriate out of the receipts of the City of
to the various funds and purposes set up in the budget presented herewith for the
purposes therein stated, the following amounts:
SUMMARY OF REVENUE AND EXPENSE
GENERAL AND DEBT
SERVICE FUNDS
TAXES
INTERGOVERNMENTAL
REGULATION/COMPLIANCE
PUBLIC CHARGES FOR SERVICES
COMMERCIAL REVENUE
PUBLIC IMPROVEMENTS
TRANSFERS FROM OTHER FUNDS
TOTAL REVENUES
GENERAL GOVERNMENT
E%ITATION
TRANSPORTATION
EDUCATION & RECREATION
UNCLASSIFIED
TRANSFERS TO OTHER FUNDS
INDEBTEDNESS
TOTAL EXPENDITURES
9/30/95
ACTUAL
$4,076,204.88
431,283.85
396,704.98
686,538.94
1,502.94
354,444.73
2,192,242.23
$8,138,922.55
1,066,607.59
2,315,198.19
244,627.26
641,612.16
661,599.10
2,900,366.44
21,547.93
8,000.00
$7,059,558.67
ESTIMATED
12/31/95
$ 4,076,205
1,548,646
493,669
734,844
1,503
373,326
3,652,608
$l0,880,8Ol
1,505,972
3,093,069
382,370
1,046,463
842,572
126,936
3,490,037
8,000
$10,495,419
BUDGET
1996
$ 4,129,270*
1,430,897
505,295
796,680
500
324,404
4,015,523
$11,202,569
3,223,417
1,630,756
396,608
1,105,294
967,069
362,948
3,513,460
2,937
$11,202,569
* Taxes Revenue includes $3,914,270 property tax levy which is 1% higher than 1995.
ACTUAL
9/30/95
SURPLUS APPLD FOR CAPITAL OUTLAY S
TRANSFER FROM LIBRARY TRUST FUND
TRANSFER FROM LANDFILL FUND
TRANSFER FEDERAL FORFEITURES
TRANSFER FROM TIF 240,725.00
CAPITAL OUTLAY REVENUE $ 245,725.00
5,000.00
CAPITAL OUTLAY EXPENDITURES $ 240,663.76
ESTIMATED
12/31/95
$ 361,693
5,000
240,725
8,045
$ 615,463
$ 615,463
BUDGET
1996
$
326,246
220,000
9,665
$ 555,911
$ 555,911
FUND BALANCES:
ACTUAL ESTIMATED
12/31/94 12/31/95
ESTIMATED
12/31/96
GENERAL FUND $2,005,536 $1,820,727 $ 1,395,727
DEBT SERVICE TAX LEVY FUND 598,914
$2,604,450
607,235
$2,427,962
607,235
$ 2,002,962 TOTAL FUND BALANCE
Resolution #217-95
BE IT FURTHER RESOLVED that the Special Revenue Funds budget for 1996 as attached is
hereby approved.
BE IT FURTHER RESOLVED there is hereby levied a tax of $4.54 per $1,000.00 upon all the
taxable property within the City of Muskego as returned by the City Assessor in the
year 1995 for uses and purposes set forth in said budget.
BE IT FURTHER RESOLVED that the City Clerk is hereby authorized and directed to spread
the said tax upon the current tax roll of the City of Muskego.
DATED THIS 14TH DAY OF NOVEMBER , 1995.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Domonic D'Acquisto
Ald. Patrick A. Patterson
Ald. David J. Sanders
This is to certify that this is a true and accurate copy of Resolution #217-95 which
was adopted by the Common Council of the City of Muskego.
11/95 jmb
RESOLUTION #217-95 ATTACHMENT
SPECIAL REVENUE FUNDS
Revenues
General property taxes
Intergovernmental revenues-
Public charges for services
Public improvement revenues:
operating grants
Sewer connection fees
Special assessments
Subdividers fees
Commercial revenues:
Interest earned
Other
Donations
Total revenues
Expenditures
Excess of revenues over
(under) expenditures
BUDGET
1995
$3,486,892
321,600
112,196
100,000
304,000
130,000
282,075
149,184
42,036
$4,927,983
798,407
$4,129,576
Other financing sources (uses)
Transfer to Debt Service Fund (1,204,049)
Transfer from General Fund 123,800
Transfer to General Fund (359,325)
Transfer to Utility-City subsidy (476,248)
Capital contribution to sewer (426,649)
Distribution of positive
City General Fund
Other Governments
tax increments: "_
"_
Total other financing
sources (uses) (2,342,471)
Excess of revenues L other
financing sources over (under)
exDenditures ti other uses 1,787,105 -
Fund balances, beginning of
period 6,312,768
Funds balances, end of period $8,099,873
""""" """""
ESTIMATED
12/31/95
$3,193,487
286.757
110,480
409,562
44,000
106,496
494,458
379,184
36,080
$5,060,504
641,102
$4,419,402
(1,204,049)
50,500
(362,325)
(429,058)
(473,839)
_"
"_
(2,418,771)
2,000,631
6,974,077
BUDGET
1996
$3,423,000
607,660
114,158
260,000
50,000
153,000
377.225
758,103
36,800
$5,779,946
1,422,414
$4,357,532
(944,968)
(884,246)
75,748
(949,588)
(1,423,498)
(15,000)
(65,000)
(4,206,552)
150,980
8,974,708