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CCR2015111-Capital Budget COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #111-2015 APPROVAL OF 2016 CAPITAL BUDGET WHEREAS, The Committee of the Whole has reviewed the budget and has recommended approval of a capital budget in the amount of $8,101,393, including TID #8 capital outlay in the amount of $186,575 to be funded as follows: TRANSFER FROM LANDFILL GENERAL GOVERNMENT Finance and Administration 9,000 Building Maintenance 260,480 Information Technology 28,500 PUBLIC WORKS DEPARTMENT Engineering Division 200,000 Public Works Division 657,500 PUBLIC SAFETY Police 767,375 Volunteer Fire Services 96,000 EDUCATION & RECREATION Library 44,535 TOTAL REIMBURSEMENT FROM LANDFILL $ 2,063,390 CAPITAL BORROWING GENERAL GOVERNMENT Building Maintenance 3,352,692 PUBLIC WORKS Public Works Division 2,685,311 TOTAL CAPITAL BORROWING $ 6,038,003 TOTAL CAPITAL BUDGET $ 8,101,393 CAPITAL OUTLAY TAX INCREMENT DISTRICT #8 Business Grants/Debt Payments $ 186,575 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 2016 Capital Budget in the amount of $8,101,393 and TID #8 Capital Outlay in the amount of $186,575. th DATED THIS 27 DAY OF OCTOBER , 2015. Resolution #111-2015 Page 2 SPONSORED BY: COMMITTEE OF THE WHOLE This is to certify that this is a true and accurate copy of Resolution #111-2015 which was adopted by the Common Council of the City of Muskego. _________________________ Clerk-Treasurer 10/15sem