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CCR2016083-Capital Budget COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #083-2016 APPROVAL OF 2017 CAPITAL BUDGET WHEREAS, The Committee of the Whole has reviewed the budget and has recommended approval of a capital budget in the amount of $7,738,304, including TID #8 and TID #11 capital outlay in the amount of $2,143,047 to be funded as follows: TRANSFER FROM LANDFILL GENERAL GOVERNMENT Information Technology 91,070 PUBLIC WORKS DEPARTMENT Engineering Division 120,000 Public Works Division 497,290 PUBLIC SAFETY Police 468,637 Volunteer Fire Services 105,000 EDUCATION & RECREATION Library 155,050 Recreation 8,500 TOTAL REIMBURSEMENT FROM LANDFILL $ 1,445,547 CAPITAL BORROWING GENERAL GOVERNMENT Building Maintenance 4,244,301 PUBLIC WORKS Public Works Division 2,048,456 TOTAL CAPITAL BORROWING $ 6,292,757 TOTAL CAPITAL BUDGET $ 7,738,304 CAPITAL OUTLAY TAX INCREMENT DISTRICT #8 Transfer to Debt Service $ 172,877 TAX INCREMENT DISTRICT #11 Business Grants and Fees $ 1,970,170 TOTAL CAPITAL OUTLAY $ 2,143,047 NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Committee of the Whole, does hereby approve the above 2017 Capital Budget in the amount of $7,738,304 and TID #8 and TID #11 Capital Outlay in the amount of $2,143,047. Resolution #083-2016 Page 2 th DATED THIS 25 DAY OF OCTOBER , 2016. SPONSORED BY: COMMITTEE OF THE WHOLE Ald. Rob Wolfe Ald. Bob Hammel Ald. Neil Borgman Ald. Tom Kapusta Ald. John Engelhardt Ald. Kevin Kubacki Ald. Eileen Madden This is to certify that this is a true and accurate copy of Resolution #083-2016 which was adopted by the Common Council of the City of Muskego. _________________________ Clerk-Treasurer 10/16sem