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CCR2018092-Capital Budget COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #092-2018 APPROVAL OF 2019 CAPITAL BUDGET WHEREAS, The Committee of the Whole has reviewed the budget and has recommended approval of a capital budget in the amount of $10,829,657, including TID #11 capital outlay in the amount of $921,480 to be funded as follows: TRANSFER FROM LANDFILL GENERAL GOVERNMENT Finance & Administration $ 23,256 Information Technology 113,963 PUBLIC WORKS Planning Division 10,000 Engineering Division 400,000 Public Works Division 466,500 PUBLIC SAFETY Police 121,050 Volunteer Fire Services 1,122,000 EDUCATION & RECREATION Library 55,500 TOTAL REIMBURSEMENT FROM LANDFILL $ 2,312,269 CAPITAL BORROWING PUBLIC WORKS Engineering Division 2,250,000 PUBLIC SAFETY Police 6,267,388 TOTAL CAPITAL BORROWING $ 8,517,388 TOTAL CAPITAL BUDGET $ 10,829,657 CAPITAL OUTLAY TAX INCREMENT DISTRICT #11 Business Grants and Fees $ 921,480 TOTAL CAPITAL OUTLAY $ 11,751,137 Resolution #092-2018 Page 2 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 2018 Capital Budget in the amount of $10,829,657 and TID #11 Capital Outlay in the amount of $921,480. rd DATED THIS 23 DAY OF OCTOBER , 2018. SPONSORED BY: COMMITTEE OF THE WHOLE Ald. Rob Wolfe Ald. Bob Hammel Ald. Neil Borgman Ald. Tom Kapusta Ald. John Engelhardt Ald. Kevin Kubacki Ald. Eileen Madden This is to certify that this is a true and accurate copy of Resolution #092-2018 which was adopted by the Common Council of the City of Muskego. _________________________ Clerk-Treasurer 10/18sem