CCR1992280COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION lt280-92
APPROPRIATING THE NECESSARY FUNDS FOR THE OPERATION OF THE GOVERNMENT AND
ADMINISTRATION OF THE CITY OF MUSKEGO FOR THE YEAR 1993
BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation
Muskego for the year 1993 including monies received from the General Property Tax
of the Finance Committee, does hereby appropriate out of the receipts of the City of
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
SERVICE FUNDS
TAXES
INTERGOVERNMENTAL
REGULATION/COMPLIANCE
PUBLIC CHARGES FOR SERVICES
PUBLIC IMPROVEMENTS
COMMERCIAL REVENUE
TRANSFERS FROM OTHER FUNDS
TOTAL REVENUES
GENERAL GOVERNMENT
PUBLIC SAFETY
TRANSPORTATION
EDUCATION & RECREATION
UNCLASSIFIED
INDEBTEDNESS
TRANSFERS TO OTHER FUNDS
TOTAL EXPENDITURES
ACTUAL
9/30/92
$3,029,059.00
427,906.45
473,468.39
286,369.12
408.22
1,829,592.25
261,719.58
$6,308,523.01
840,208.46
1,892,797.71
556,832.81
550,889.21
16,207.04
2,279,248.17
85,500.00
$6,221,683.40
ESTIMATED
12/31/92
$3,046,613
1,624,886
560,559
300,079
408
283,943
2,871,448
$8,687.936
2,520,476
1,211,095
898,419
731,927
49,456
2,929,000
85,500
$8,425,873
BUDGET
1993
$3,221,650 *
1,568,773
560,890
271,098
266,620
250
3,142,996
$9,032,277
1,270,039
2,694,794
920,038
326,943
740,920
2,998,318
81,225
$9,032,277
* Taxes Revenue includes $3,006,000 property tax levy which is 4.98% higher than 1992.
FUND BALANCE
ACTUAL ESTIMATED
12/31/91 12/31/92
ESTIMATED
12/31/93
$2,200,394 $1,790,557 $1,136,144
""""" """"" """"" """"" """"" """""
ACTUAL ESTIMATED
9/30/92 12/31/92
BUDGET
1993
SURPLUS APPLD FOR CAPITAL OUTLAY $
TRANSFER FROM LIBRARY TRUST FUND
TOTAL
$ 719,634 $ 654,413
724,634
5,000
654,413
CAPITAL OUTLAY EXPENDITURES $ 330,815.50 671,900 654,413
Resolution 280-92 Page 2
BE IT FURTHER RESOLVED that the Special Revenue Funds budget for 1993 as attached is
hereby approved.
BE IT FURTHER RESOLVED there is hereby levied a tax of $6.25 per $1,000.00 upon all
the taxable property within the City of Muskego as returned by the City Assessor in
the year 1992 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 24TH DAY OF NOVEMBER , 1992.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Patrick A. Patterson
Ald. Edwin P. Dumke
Ald. David J. Sanders
Thia is to certify that this is a true and accurate copy of Resolution X280-92 which
was adopted by the Common Council of the City of Muskego.
11/92 jmb
Resolution 280-92 Page 3
b SPECIAL REVENUE FUNDS
Revenues
General property taxes
Intergovernmental revenues-
operating grants
Regulation L compliance revenues-
initial construction fee
Public improvement revenues:
Special assessments
Subdividers fees
Commercial revenues:
Donations
Interest earned
Other
Total revenues
Expenditures
Excess of revenues over
(under) expenditures
BUDGET
1992
$1,930,100
54,600
80,000
264,500
100,000
168,800 --
1,600
$2,599,600
206,210
2,393,390
Other financing sources (uses1
Transfer to Debt Service Fund (1,465,566) .~
Transfer from General Fund 93,500
Transfer to General Fund
Transfer to Util-City subsidy (447,778)
contribution to sewer (456,111)
Total other financing
sources (uses) (2,275,955)
Excess of revenues L other
expenditures L other uses
financing sources over (under)
117,435
Fund balances, beginning of
period 2,206,275
Residual equity transfer -
Funds balances, end of period $2,323,710
""""" """""
ESTIMATED
12/31/92
$2,053,537
77,600
113,500
507,500
84,000
190,294
95,000
$3,125,481
4,050
204,915
2,920,566
(1,465,566)
86,500
(407,277)
(513,262)
(2,299,605)
620,961
2,533,150 -
BUDGET
1993
% CHANGE
(DECREASE)
$2,377,615 +18.82%
87,000
80,000
329,500
100,000
186,200
"
$3,163,275 +21.7%
2,960
395,840 +92.0%
2,767,435
(1,289,314)
81,225
(95,174)
(348,250)
(607,771)
(2,259,284) ( .7%)
508,151
3,154,111 -
$3,154,111 ""-""_ ""-""_ $3,662,262
""""" """""