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CCR2023.066-2024 City BudgetCOMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #066-2023 APPROVAL OF 2024 GENERAL FUND OPERATING BUDGET AND TAX LEVY 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 2024 including monies received from the General Property Tax Levy, 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 BUDGET ESTIMATED BUDGET SERVICE FUNDS 2023 12/31/23 2024 TAXES $ 13,826,023 $ 13,825,089 $ 14,048,450 " INTERGOVERNMENTAL 2,239,542 2,276,411 2,851,559 LICENSES AND PERMITS 728,436 730,914 727,290 FINES, FORFEITURES AND PENALTIES 335,000 340,000 335,000 PUBLIC CHARGES FOR SERVICES 724,417 666,543 729,267 INTERGOVERNMENTAL CHRGS FOR SERV 253,250 252,000 252,000 MISCELLANEOUS 326,788 677,490 685,427 INTERDEPARTMENTAL CHRGS FOR SERV 326,750 327,000 107,250 TOTAL REVENUES $ 18,760,206 $ 19,095,447 $ 19,736,243 GENERAL GOVERNMENT $ 2,364,950 $ 2,429,335 $ 2,549,227 PUBLIC SAFETY 7,962,618 8,117,789 8,614,531 HEALTH AND SANITATION 3,825 3,806 3,850 PUBLIC WORKS 3,064,060 3,370,359 3,191,599 EDUCATION AND RECREATION 2,008,553 1,958,348 2,136,540 CONSERVATION AND DEVELOPMENT 240,900 237,734 242,496 CAPITAL OUTLAY 1,208,500 958,500 990,500 UNCLASSIFIED 86,500 - 90,000 DEBT SERVICE 3,300,972 3,300,972 3,389,350 TOTAL EXPENDITURES TRANSFERS FROM OTHER FUNDS/ADVANCES TRANSFERS TO OTHER FUNDS TOTAL OTHER FINANCING SOURCES/USES *Taxes Revenue includes $14,001,300 property tax levy, which is 1.618% higher than 2023. FUND BALANCES GENERALFUND DEBT SERVICE TAX LEVY FUND TOTAL FUND BALANCE $ 20,240,878 1,631,723 (151,051) $ 20,376,843 1,574,543 (200,000) $ 21,208,093 1,663,809 (191,959) $ 1,480,672 $ 1,374,543 $ 1,471,850 ACTUAL 12/31 /22 ESTIMATED 12/31 /23 BUDGET 12/31 /24 $ 7,968,923 $ 7,975,430 $ 7,975,430 146,796 233,436 233,436 $ 8,115,719 $ 8,208,866 $ 8,208,866 Resolution #066-2023 Em BE IT FURTHER RESOLVED That the Special Revenue Funds budget for 2024 as attached is hereby approved. BE IT FURTHER RESOLVED That there is hereby levied a tax of $14,001,300 on all taxable property within the City of Muskego as returned by the City Assessor in the year 2023 for the uses and ♦i set forth in the 2024 Budget. BE IT FURTHER RESOLVED That the City Clerk is hereby authorized and directed to spread this tax on the current tax roll of the City of Muskego. COMMITTEE OF • Rob Wolfe Aid. Bob Hammel Aid. John Terrence Aid. Tom Kapusta Deb Schroeder Aid. Kevin Kubacki Aid. Eileen Madden This is to certify that this is a true and accurate copy of Resolution #066-2023, which was adopted by the Common Council of the City of Muskego. City -Clerk 10/23sem SPECIAL REVENUE FUNDS Revenues General property taxes Intergovernmental revenues - State Computer Replacement & Operating grants Licenses & Permits Public charges for services Commercial revenues Total Revenues Expenditures Excess of Revenues over (under) Expenditures Other Financing Sources (Uses) Transfer to General Fund Transfer to Debt Service Fund Transfer to Capital Borrowing Fund Transfer to Capital Equipment Fund TID Distribution Transfer From Capital Projects Fund Transfer from General Fund Total Other Financing Sources (Uses) Excess of Revenues and Other Financing Sources over (under) Expenditures and Other Uses Fund Balances, Beginning of Period Fund Balance, End of Period BUDGET ESTIMATED BUDGET % CHANGE 2023 12/31/23 2024 (DECREASE) $ 1,390,500 $ 1,194,974 $ 1,200,000-13.70% 104,750 110,505 104,710 2 3,552,278 4,328,778 3,925,335 104,402 243,503 147,761 $ 5,151,932 $ 5,877,760 $ 5,377,806 4.38% $ 3,336,676 $ 3,063,814 $ 2,883,301-13.59% $ 1,815,256 $ 2,813,946 $ 2,494,505 (1,184,133) (1,001,708) (1,253,809) (2,140,000) (2,140,000) (1,500,000) 50,000 200,000 100,000 (3,274,133) (2,941,708) (2,653,809) 18.95% (1,458,877) (127,762) (159,304) 5,092,293 6,457,898 6,330,136 $ 3,633,416 $ 6,330,136 $ 6,170,832 69.84% PLEASE NOTE: It is possible that members of and possibly a quorum of members of other governmental bodies of the municipality may be in attendance at the above -stated meeting to gather information; no action will be taken by any governmental body at the above -stated meeting other than the governmental body specifically referred to above in this notice. Also, upon reasonable notice, efforts will be made to accommodate the needs of disabled individuals through appropriate aids and services. For additional information or to request this service, contact Muskego City Hall, (262) 679-4100.