CCR19972570
AMENDED
COMMON COUNCIL - ClTY OF MUSKEG0
RESOLUTION #257-97
APPROPRIATlNG THE NECESSARY FUNDS FOR THE OPERATION OF THE
GOVERNMENT AND ADMINISTRATION OF THE CITY OF MUSKEG0
FOR THE YEAR 1998
BE IT RESOLVED That the Common Council of the City of Muskego, upon the
recommendation of the Committee of the Whole. does hereby appropriate out of the receipts of
the City of Muskego for the year 1998 including monies received from the General Property Tax
Levy, to the various hnds 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
REGULATlONlCOMPLlANCE
PUBLIC CHARGES FOR SERVICES
PUBLIC IMPROVEMENTS
COMMERCIAL REVENUE
0 TRANSFERS FROM OTHER FUNDS
TOTAL REVENUES
GENERAL GOVERNMENT
PUBLIC SAFETY
HEALTH AND SANITATION
TRANSPORTATION
EDUCATION a RECREATION
UNCLASSIFIED
INDEBTEDNESS
TRANSFERS TO OTHER FUNDS
ACTUAL ESTIMATED BUDGE7
1996 12/31197 1998
$ 4,111,101 $ 4.428.298
1,487,390
594,293
1.445.037
555,686
531.1 32 826,626
999 760
402,656 319,017
3,490,547 4,132,934
$ 10.888.118 $ 11,708,358
0 5,455.664 *
1.437.91 1
532.886
890,598
250
261.850
3,839,239
$ 12,418398
$ 1,546.727
3.223.625
393,907
1,037,546
932,588
25,831
3,532,298
10.637
$ 1,721,245 $ 1,990,507
3,366,552 3,523,310
427,197 444,520
1,655.81 1 1,737.817
1,030.6W 1,052.541
34.216 41 1,365
3,344,969 3,258,338
2,000
TOTAL EXPENDITURES $ 10,703,159 511,582,594 $ 12,418,398
* Taxes Revenue mcludes S5244.464 property tax levy which IS 23 9% hlgher than 1997
SURPLUS APPLIED FOR CAPITAL OUTLAY $ 52.309 $ 32.400
TRANSPORTATION FUNDS 16 12,300
TRANSFER FROM LANDFILL FUND 326,246 115,660
TRANSFER FROM TIF 220,000 45,132
TRANSFER FEDERAL FORFEITURES 5.841 12,970 2,100
CAPITAL OUTLAY EXPENDITURES
CAPITAL OUTIAY REVENUE $ 564,387 $ 110.411 $ 150,160
$ 550.151 $ 78.011 $ 150,lM)
Rcsolulion #257-91
2
ACTUAL ESTIMATED ESTIMATED
12131196 12/31/97 12131198 0 FUND BALANCES
GENERAL FUND
DEBT SERVICE TAX LEVY FUND
$ 2.598.008 $ 2,197,599 $ 1,690,199
625.163 656,427 656.427
5 3.223.171 $ 2.854.026 $ 2,346526 TOTAL FUND BALANCE
BE IT FURTHER RESOLVED That the Special Revenue Funds budget for 1998 as attached is
hereby approved.
BE IT FURTHER RESOLVED There is hereby levied a tax of $5.29 per $1,000.00 upon all the
taxable property within the City of Muskego as returned by the City Assessor in the year 1997 for
uses and purposes set forth in said budget.
BE IT FURTHER RESOLVED That the Clerk-Treasurer is hereby authorized and directed to
spread the said tax upon the current tax roll of the City of Muskego.
DATED THIS a DAY OF NOVEMBER. 1997
SPONSORED BY:
COMMITTEE OF THE WHOLE
Ald. Dornonic D’Acquisto
Ald. Patrick Patterson
Ald. Donna Woodard
AM Donald Pionek
Ald. Nancy Salentine
Ald. David Sanders
Ald. Mark Slocomb
This is to certify that this is a true and accurate copy of Resolution #257-97 which was adopted
by the Common Council of the City of Muskego.
1 1/97
Resolulion #2.57-97
3
SPECIAL REVENUE FUNDS
Revenues
General propew taxes
Intergovernmental revenues-
Public charges for services
Public improvement revenues:
Operating grants
Sewer connection lees
Special assessments
Subdividers fees
Commercial revenues.
Other
Interest earned
Donations
Total revenues
EaDenditures
Eacess of revenues over
(under) expenditures
Other financinq sources (uses)
lnterfund transfer
Transfer to Debt Service Fund
Transfer from General Fund
Transfer to Capital Projects Fund
Transfer from Capital Projects Fund
Transfer to General Fund
Transfer to Utiliy . City subsidy
Capital contribution to sewer
Distribution of positive tax increment
City General Fund
Other governments
Total other financing
sources (uses)
Excess of revenues and other
financing sources over (under)
expenditures and other uses
Fund balances. beginning of period
0 Fund balance, end of period
REVISED
BUDGET
1997
ESTIMATED
12131197
BUDGET
- 1998
$ 3.282.000 $ 3,428,284 $ 1,885,874
527,103 376,105 390,797
117.716 120,338 120.640
50,000
172,300
68.500
290.335 280.000
50.033
91.800 66,600 106,800
489.000 454,960 504.244
502.750 652.406 643.451
38.000 38.093 38.000
$ 5,270,669 $ 5,493,621 $ 4.017.806
$ 1,303,681 S 1,071,929 $ 1,033,348
16 3,968,988 $ 4,421,692 $ 2.984.458
5,000
(30.wO)
2.000
46,071
(577.000)
(349.885)
(184.792)
(881.481 ) (887,204)
2.000
(115,660)
46,071
(577.000) (585,000)
(382.007) (483.077)
(174,083) (209,922)
(165,000) (165,000)
(642,WO) (800.000)
(1,895,605) (2,931,500) (2,280,553)
2,071,332 1,490,192 703,595
7,838,456 8.190.604 9,680,796
$ 9,909,838 $ 9,680,798 $ 10384.391
COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #257-97
BE IT RESOLVED That th f Muskego. upon the
recommendation of the Co appropriate out ofthe receipts of
the City of Muskego for th ed from the General Property Tax
Levy. to the various funds esented herewith for the purposes
therein stated. the following amounts:
GENERAL AND DEBT
SERVICE FUNDS
TAXES
INTERGOVERNMENTAL
REGULATIONICOMPLIANCE
PUBLIC CHARGES FOR SERVICES
PUBLIC IMPROVEMENTS
COMMERCIAL REVENUE
0 TRANSFERS FROM OTHER FUNDS
TOTAL REVENUES
GENERAL GOVERNMENT
PUBLIC SAFETY
HEALTH AND SANITATION
TRANSPORTATION
EDUCATION 8 RECREATION
UNCLASSIFIED
INDEBTEDNESS
TRANSFERS TO OTHER FUNDS
ACTUAL
1.487.390
594.293 555.6
801,132 826.626
999
402.656 319,017 261.850
3.490.547 4,132,934
$ 1,546,727
3,223,625
393,907
1,037,546
932.588
25,831
3,532,298
10.637
$ 1,721,245 $ 2.W0.381
3,366,552 3,523,310
427.1 97 444,520
1,655.81 1 1,737.817
1,030,604 1,052.541
34.216 41 1,365
3.344.969 3,258,335
2,000 .\
TOTAL EXPENDITURES $ 10,703,159 $ 11,582.594 $ 12,428,272 \
* Taxes Revenue includes $5.320.782 properly tax levy which is 25 7% higher than 1997
SURPLUS APPLIED FOR CAPITAL OUTLAY $ 52,309 $ 32.400
TRANSPORTATION FUNDS $ 12,300
TRANSFER FROM LANDFILL FUND 326.246 11 5,660
TRANSFER FROM TIF 220.000 45,132
TRANSFER FEDERAL FORFEITURES 5.841 12.970 2,lW
CAPITAL OUTLAY EXPENDITURES
CAPITAL OUTLAY REVENUE $ 564,387 $ 110,411 $ 150.160
$ 550.151 $ 78.011 $ 150.160
Rcsolulion #257-')7
2
ACTUAL
12/31 196
FUNDBAIANCES
GENERAL FUND
DEBT SERVICE TAX LEVY FUND
I 2,598.C
625.1
TOTALFUNDBALANCE $ 3,2231
ESTIMATED ESTIMATED
12/31/97 12/31/96
108 S 2,197,599 S 1,690,199
63 656,427 656.427
71 2,854,026 3 2,346.626
~
BE IT FURTHER RESOL
hereby approved.
BE IT FURTHER RESOLVED is hereby levied a tax of $5.37 per $1,000.00 upon all the
taxable property within the
uses and purposes set forth
BE IT FURTHER RESOLVED That the
spread the said tax upon th
DATED THIS - DAY OF NOVEMBER. 1
Ald. Mark Slocomb
This is to certify that this is a true and accurate copy ofResolution #257-97 which
by the Common Council of the City of Muskego.
I 1197
Clerk-Treasurer \
a
REVISED
BUDGET ESTIMATED BUDGET
1997 12/31197 1998
SPECIAL REVENUE FUNDS
Revenues
General properly taxes
inlergovernmentai revenues-
Public charges for services
Public improvement revenues:
Sewer connection fees
Special assessments
Commercial Subdividers revenues. fees '...; Operating grants
Other
Interest earned
Donations
Total revenues
Emenditures
~~~ ~
EKcessofrevenuesover
(under) expenditures
Other financina sources (Uses)
lnterfund transfer
Transfer to Debt Service Fund
Transfer from General Fund
Transfer to Capital Projects Fund
Transfer from Capltal Projects Fund
Transfer lo General Fund
Transfer to Utility - Clly subsidy
Capiial contribulion to wr
Distribution of positive tax increment:
City General Fund
Other governments
Total other financing
sources (uses)
~
I
Eacess of revenues and other
Rnanclng sources over (under)
expenditures and other uses
a Fund balances, beginning of period
-
Fund baldnce. end of period
f 3,282,000 S 3.426.284 $ 1.883.874
527,103 376.105 390.797
117,716 120,358 120.640
59,m 68.m 59.m
172.300 290.335 280,000
66.600
504,244
592.750 652.406 643.451
30.093 58.ooo
? 1,303.681 $ 1,071,929 $ 1,033,348
S 3,966,988 5 k421.692 $ 2,984,459
(1.895,Mw) (2,931,333) (2,280,863) \
2.071.582 1.490.192 703.595
7,838,456 6,190,634 9.680.796
I 9,909,830 $ 9.680.796 S 10.384.391
NOV 07 '97 12:39PM EHLERS BROOKFIELD P. 1
Alderperson ine introduced the following resolution and moved iL< adoption:
RESOLUTION NO. 255-97
RESOLUTION AUTHOKIZING EHLERS A3'D ASSOCIATES, INC.
TO SOLICIT COMPETITIVE PROPOSALS FOR NOT TO EXCEED
$2,775,000 GENERAL OBLIGATION PROMISSORY NOTES
OF THE CITY OY MUSKEGO, WISCONSIN
WHEREAS, Wisconsin Statutes, Section 67.12(12) authorizes the City of Muskego to issue Oeneral
Obligation Promissory Notes: and
WHEREAS, the City needs to finance he construction of a new Community Center, 1998 capital
projects and 1998 water projects; and
WHEREAS, Ehlers and Associates, Inc. is the financial advisor for the City of Muskego:
NOW, THEREFORE, BE lT RESOLVED by the Common Council of the City of Muskego.
Waukerha County, Wisconsin, that Ehlers and Associates. Inc. is authorized to solicit competitive proposds
for the purchase of not to exceed $2.775.000 General Obligation Promissory Notes of the City of Muskegu.
BE IT FURTHER RESOLVED, that Ehlers & Associates is authorized to prepare an Official
Statement in behalf of the issuer in accordance with Rule 1.5~2-12 of the General Rules and Regulations,
Securities Exchange Act of 1934.
The motion for the adoption of the foregoing rcsolution wm duly seconded by Alderperson
S locomb and upon a vote being takcn, the following voted in favor thereof:
D'Acquisto, Patterson, Salentine,
Sanders, Slocomb, and Woodard
and the following voted against the same: None
whereupon sad resolution was dwlared passed and adopted. n
Adopted this &my of November , 1997.f
1 .. David DeAngelis, Mayor
Attest:
e
T:\GENERAL\OSFORMS\EQARES