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CCR2005202. . . AMENDED COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #202-2005 APPROVAL OF 2006 GENERAL FUND OPERATING BUDGET 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 2006 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: GENERAL AND DEBT SERVICE FUNDS SUMMARY OF REVENUE AND EXPENSE ACTUAL ESTIMATED BUDGET 2004 12/31/05 2006 $ 10,478,315 $ 10,900,452 $ 11,148,546" 1,530,215 1,516,254 1,465,381 793,373 809,105 717,705 691,659 634,522 712,174 361 0 0 265,189 305,453 384,411 102,636 102,200 110,600 69,672 75,634 76,798 $ 13,931,420 $ 14,343,620 $ 14,615,615 $ 2,618,258 $ 2,956,366 $ 3,023,921 5,014,774 5,324,003 5,548,698 0 0 0 2,027,723 2,198,395 2,237,402 1,768,889 1,953,391 2,139,221 0 50,000 68,965 3,040,133 2,539,420 2,642,440 $ 14,469,777 $ 15,021,575 $ 15,660,648 $ 825,000 $ 0 $ 0 1,021,881 769,747 1,121,810 (147,846) (122,782) (76,777) $ 1,699,035 $ 646,965 $ 1,045,033 TAXES INTERGOVERNMENTAL REGULATION & COMPLIANCE PUBLIC CHARGES FOR SERVICES PUBLIC IMPROVEMENTS REVENUE COMMERCIAL REVENUES INTERGOVERNMENTAL CHRGS FOR SERV INTERDEPARTMENTAL CHRGS FOR SERV TOTAL REVENUES GENERAL GOVERNMENT PUBLIC SAFETY HEALTH AND SANITATION TRANSPORTATION EDUCATION & RECREATION UNCLASSIFIED INDEBTEDNESS TOTAL EXPENDITURES PROCEEDS FROM ADVANCES TRANSFERS FROM OTHER FUNDS TRANSFERS TO OTHER FUNDS TOTAL OTHER FINANCING SOURCES/USES "Taxes Revenue includes $10,748,546 property tax levy, which is 1.86% higher than 2005. Resolution #202-2005 Page 2 . ACTUAL ESTIMATED ESTIMATED 12/31/04 12/31/05 12/31/06 FUND BALANCES GENERAL FUND $ 3,321,448 $ 3,290,458 $ 3,190,458 DEBT SERVICE TAX LEVY FUND 766,927 848,259 944,604 TOTAL FUND BALANCE $ 4,088,375 $ 4,138,717 $ 4,135,062 BE IT FURTHER RESOLVED That the Special Revenue Funds budget for 2006 as attached is hereby approved. BE IT FURTHER RESOLVED That there is hereby levied a tax of $10,748,546 on all taxable property within the City of Muskego as returned by the City Assessor in the year 2005 for the uses and purposes set forth in the 2006 Budget. BE IT FURTHER RESOLVED That the City Clerk-Treasurer is hereby authorized and directed to spread this tax on the current tax roll ofthe City of Muskego. DATED THIS 8th DA Y OF NOVEMBER ,2005. . SPONSORED BY: COMMITTEE OF THE WHOLE Ald. Bob Melcher Ald. Patrick Patterson Ald. Chris Buckmaster Ald. Neil Borgman Ald. Nancy Salentine Ald. Eric Schroeder Ald. Eileen Madden This is to certifY that this is a true and accurate copy of Resolution #202-2005 which was adopted by the Common Council of the City of Muskego. . Resolution #202-2005 Attachment City of Muskego Special Revenue Funds . 2006 Budget ACTUAL ESTIMATED BUDGET 2004 12/31/05 2006 SPECIAL REVENUE FUNDS Revenues General property taxes $ 10,465 $ 128,359 $ 157,794 Intergovernmental revenues- Operating grants 337,370 462,595 112,800 Public charges for services 974,646 1,024,000 1,056,606 Public improvement revenues: Sewer connection fees 1,000 0 0 Special assessments 0 0 0 R.C.A. assessments 70,872 89,000 0 Interest on assessments 963 925 887 Subdividers' fees 86,801 244,818 190,000 Refuse rebate/Other fees 22,000 3,459 2,750 Interest earned 91,439 120,020 91,360 Franchise fees 125,234 128,718 130,000 Landfill host fees/Inspector Reimb. 1,283,787 1,509,147 1,383,271 Other-Bins/Penalty/School ReimblTickets 37,705 58,810 55,109 Waste Management fees 75,244 72,000 73,639 Total Revenues $ 3,117,526 $ 3,841,850 $ 3,254,216 . Expenditures $ 1,674,168 $ 2,461,554 $ 2,013,184 Excess of revenues over (under) expenditures $ 1,443,358 $ 1,380,296 $ 1,241,033 Other financina sources (uses) State Aid-Computer Replacement Equip $ 931 $ 4,269 $ 0 Interfund Transfer 0 0 0 Transfer to Debt Service Fund (333,600) (348,555) (303,235) Transfer from General Fund 45,846 110,532 45,750 Transfer to Capital Projects/Equip. Fund (547,689) (115,684) (158,174) Transfer from Capital Projects Fund 0 0 0 Transfer to General Fund (302,319) (220,687) (335,000) Transfer to Debt Budgetary Fund 0 0 0 Transfer to Utility - City subsidy (307,636) (617,888) 0 Capital contribution to sewer 0 0 0 Distribution of positive tax increment: City General Fund 0 0 (161,238) Other governments 0 0 (2,159,124) Total other financing sources (uses) $ (1,444,467) $ (1,188,013) $ (3,071,021 ) Excess of revenues and other . financing sources over (under) expenditures and other uses (1,109) 192,283 (1,829,989) Fund balances, beginning of period 7,296,774 7,295,666 7,548,489 Fund balance, end of period $ 7,295,665 $ 7,487,949 $ 5,718,501 - . . COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #202-2005 l APPROVAL OF 2006 GENERAL FUND OPERA TI~ BUDGET l BE IT RESOLVED That the Common Council ofthe City of recommendation of the Committee of the Whole, does hereb ppropriate out of the receipts of the City of Muskego for the year 2005 including monies re Ived from the General Property Tax Levy, to the various funds and purposes set up in the bud t presented herewith for the purposes therein stated, the following amounts: SUM ÄRY OF REVENUE AND EXPENSE \) I $ 10,478,315 $ 10,900,452 $ 11,263,046' 1,530,215 1,516,254 1,489,381 793,373 809,105 717,705 691,659 634,522 712,174 361 0 0 265,189 305,453 384,411 102,636 102,200 110,600 69,672 75,634 76,798 $ 13,931,420 $ 14,343,620 $ 14,754,114 $ 2,618,258 $ 2,956,366 $ 3,021,421 5,014,774 5,324,003 5,548,698 0 0 0 2,027,723 2,198,395 2,378,402 1,768,889 1,953,391 2,139,221 0 50,000 68,965 3,040,133 2,539,420 2,642,440 $ 14,469,777 $ 15,021,575 $ 15,799,148 $ 825,000 $ 0 $ 0 1,021,881 769,747 1,121,810 (147,846) (122,782) (76,777) $ 1,699,035 $ 646,965 $ 1,045,033 GENERAL AND DEBT SERVICE FUNDS TAXES INTERGOVERNMENTAL REGULATION & COMPLIANCE PUBLIC CHARGES FOR SERVICES PUBLIC IMPROVEMENTS REVENUE COMMERCIAL REVENUES INTERGOVERNMENTAL CHRGS FOR INTERDEPARTMENTAL CHRGS FO TOTAL REVENUES GENERAL GOVERNMENT PUBLIC SAFETY HEALTH AND SANITATION TRANSPORTATION EDUCATION & RECREATIO UNCLASSIFIED INDEBTEDNESS PROCEEDS FROM ADVANCES TRANSFERS FROM OTHER FUNDS TRANSFERS TO OTHER FUNDS TOTAL OTHER FINANCING SOURCES/USES 'Taxes Revenue includes $10,863,046 property tax levy, which is 2.94% higher than 2005. ESTIMATED 12/31/05 BUDGET 2006 Resolution #202-2005 - ACTUAL ESTIMATED ESTIMATED 12/31/04 12/31/05 12/31/06 FUND BALANCES GENERAL FUND $ 3,321,448 $ 3,290,458 $ 3,190,458 DEBT SERVICE TAX LEVY FUND 766,927 848,259 944,604 TOTAL FUND BALANCE $ 4,088,375 $ 4,138,717 $ 4,135,062 Page 2 BE IT FURTHER RESOLVED That the Special Revenue Funds budget for 2006 as attached is hereby approved. BE IT FURTHER RESOLVED That there is hereby levied a tax of $10,863,046 on all taxable property within the City of Muskego as returned by the City Assessor in the year 2005 for the uses and purposes set forth in the 2006 Budget. BE IT FURTHER RESOLVED That the City Clerk-Treasurer is hereby authorized and directed to spread this tax on the current tax roll of the City of Muskego. DATED THIS DAY OF ,2005. . SPONSORED BY: COMMITTEE OF THE WHOLE Ald. Bob Melcher Ald. Patrick Patterson Ald. Chris Buckmaster Ald. Neil Borgman Ald. Nancy Salentine Ald. Eric Schroeder Ald. Eileen Madden This is to certify that this is a true and accurate copy of Resolution #202-2005 which was adopted by the Common Council ofthe City of Muskego. Clerk- Treasurer . Resolution #202-2005 Attachment City of Muskego Special Revenue Funds 2006 Budget - ACTUAL ESTIMATED BUDGET 2004 12/31/05 2006 SPECIAL REVENUE FUNDS Revenues General property taxes $ 10,465 $ 128,359 $ 157,794 Intergovernmental revenues- Operating grants 337,370 462,595 112,800 Public charges for services 974,646 1,024,000 1,056,606 Public improvement revenues: Sewer connection fees 1,000 0 0 Special assessments 0 0 0 R.CA assessments 70,872 89,000 0 Interest on assessments 963 925 887 Subdividers' fees 86,801 244,818 190,000 Refuse rebate/Other fees 22,000 3,459 2,750 Interest earned 91,439 120,020 91,360 Franchise fees 125,234 128,718 130,000 Landfill host feesllnspector Reimb. 1,283,787 1,509,147 1,383,271 Other-Bins/Penalty/School ReimblTickets 37,705 58,810 55,109 Waste Management fees 75,244 72,000 73,639 Total Revenues $ 3,117,526 $ 3,841,850 $ 3,254,216 . Expenditures $ 1,674,168 $ 2,461,554 $ 2,013,184 Excess of revenues over (under) expenditures $ 1,443,358 $ 1,380,296 $ 1,241,033 Other financina sources (uses) State Aid-Computer Replacement Equip $ 931 $ 4,269 $ 0 Interfund Transfer 0 0 0 Transfer to Debt Service Fund (333,600) (348,555) (303,235) Transfer from General Fund 45,846 110,532 45,750 Transfer to Capital Projects/Equip. Fund (547,689) (115,684) (158,174) Transfer from Capital Projects Fund 0 0 0 Transfer to General Fund (302,319) (220,687) (335,000) Transfer to Debt Budgetary Fund 0 0 0 Transfer to Utility - City subsidy (307,636) (617,888) 0 Capital contribution to sewer 0 0 0 Distribution of positive tax increment: City General Fund 0 0 (161,238) Other governments 0 0 (2,159,124) Total other financing sources (uses) $ (1,444,467) $ (1,188,013) $ (3,071,021 ) Excess of revenues and other . financing sources over (under) expenditures and other uses (1,109) 192,283 (1,829,989) Fund balances, beginning of period 7,296,774 7,295,666 7,548,489 Fund balance, end of period $ 7,295,665 $ 7,487,949 $ 5,718,501