CCR2007214.
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COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #214-2007
APPROVAL OF 2008 GENERAL FUND OPERATING BUDGET
AND TAX LEVY
BE IT RESOLVED That the Common Council ofthe 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 2008 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
AMENDED
BUDGET ESTIMATED BUDGET
2007 12/31/07 2008
TAXES
INTERGOVERNMENTAL
LICENSES AND PERMITS
FINES. FORFEITURES AND PENALTIES
PUBLIC CHARGES FOR SERVICES
INTERGOVERNMENTAL CHRGS FOR SERV
MISCELLANEOUS
INTERDEPARTMENTAL CHRGS FOR SERV
$ 11.225,902 $ 11,222,575 $ 11,710,351 "
1,506,433 1,568,460 1,667,420
849,570 610,498 670,975
180,000 169,000 173,000
710,655 609,988 626,401
110,600 110,600 125,619
575,000 690,400 631,200
76,960 84,486 90,500
$ 15,235,120 $ 15,066,006 $ 15,695,466
$ 2,328,565 $ 2,244,395 $ 2,389,866
5,635,863 5,377,570 5,949,236
3,731 3,731 4,150
1,879,211 1,831,419 1,888,207
2,212,988 2,189,696 2,293,565
323,059 339,202 370,252
867,618 798,202 673,370
106,769 147,250
2,713,396 2,674,919 2,784,186
$ 16,071,200 $ 15,459,135 $ 16,500,081
906,872 1,134,104 860,444
(70,792) (94,460) (55,829)
$ 836,080 $ 1,039,644 $ 804,615
TOTAL REVENUES
GENERAL GOVERNMENT
PUBLIC SAFETY
HEALTH AND SANITATION
PUBLIC WORKS
EDUCATION AND RECREATION
CONSERVATION AND DEVELOPMENT
CAPITAL OUTLAY
UNCLASSIFIED
DEBT SERVICE
TOTAL EXPENDITURES
TRANSFERS FROM OTHER FUNDS/ADVANCES
TRANSFERS TO OTHER FUNDS
TOTAL OTHER FINANCING SOURCES/USES
"Taxes Revenue includes $11,295,151 property
tax levy, which is 4.52% higher than 2007.
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Resolution #214-2007 Page 2
FUND BALANCES
GENERAL FUND
DEBT SERVICE TAX LEVY FUND
TOTAL FUND BALANCE
ACTUAL ESTIMATED ESTIMATED
12/31/06 12/31/07 12/31/08
$ 4,273,500 $ 4,616,306 $ 4,361,458
1,298,341 1,602,050 1,826,745
$ 5,571,841 $ 6,218,356 $ 6,188,203
BE IT FURTHER RESOLVED That the Special Revenue Funds budget for 2008 as attached is
hereby approved.
BE IT FURTHER RESOLVED That there is hereby levied a tax of $11,295,151 on all taxable
property within the City of Muskego as returned by the City Assessor in the year 2007 for the
uses and purposes set forth in the 2008 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 13th DAY OF NOVEMBER ,2007.
SPONSORED BY:
COMMITTEE OF THE WHOLE
Ald. Tracy Snead
Ald. Dan Pavelko
Ald. Neil Borgman
Ald. Keith Werner
Ald. Bob Melcher
Ald. Tina Schaefer
Ald. Noah Fiedler
This is to certify that this is a true and accurate copy of Resolution #214-2007 which was adopted
by the Common Council of the City of Muskego.
.\R~solution #214-2007
AMENDED
BUDGET ESTIMATED BUDGET % CHANGE
2007 12/31/07 2008 (DECREASE)
. SPECIAL REVENUE FUNDS
Revenues
General property taxes $ 162,000 $ 158,283 $ 160,000 -1.23%
Intergovernmental revenues-
State Computer Replacement
Operating grants 109,600 135,853 109,200
Public charges for services 1,094,539 1,153,869 1,124,950
Public improvement revenues:
Sewer connection fees
Special assessments
Subdividers fees
Commercial revenues:
Interest earned 149,848 476,840 376,448
Other 1,587,534 1,446,532 1,481,477
Fees 77,000 36,841
Total revenues $ 3,180,521 $ 3,408,218 $ 3,252,075 2.25%
EXDenditures $ 2,915,226 $ 2,143,503 $ 2,719,710
Excess of revenues over
(under) expenditures $ 265,295 $ 1,264,715 $ 532,365 100.67%
Other financina sources (uses)
. Interfund transfer
Transfer to Debt Service Fund (455,000) (451,573) (498,000)
Transfer from General Fund 80,792 94,460 55,829
Transfer to Capital Projects Fund
Transfer from Capital Projects Fund
Transfer to General Fund (280,000) (280,000) (105,854)
Transfer to Utility - City subsidy
Capital contribution to sewer
Transfer to Capital Equipment Fund (275,000) (275,000) (227,039)
Transfer to Other Government Entities
Total other financing
sources (uses) (929,208) (912,113) (775,064) 16.59%
Excess of revenues and other
financing sources over (under)
expenditures and other uses (663,913) 352,602 (242,699)
Fund balances, beginning of period 7,796,998 8,675,575 9,028,177
Fund balance, end of period $ 7,133,085 $ 9,028,177 $ 8,785,478 23.17%
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