HomeMy WebLinkAbout6.e. Approval of 2000 Budget: Setting 2000 Levies and Budgets CITY OF ROSEMOUNT
• EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: December 7, 1999
AGENDA ITEM: Approval of 2000 Budget: Setting 2000 AGENDA SECTION:
Levies & Budgets Consent
PREPARED BY: Jeff May, Finance Director AGENDA�N k.�•*
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ATTACHMENTS: Three Resolutions APPROVED BY:
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Attached for Council consideration are the resolutions setting the 2000 levies and budgets for the
City of Rosemount. The first resolution approves the 2000 General Fund Operating Budget, the
three 2000 CIP Budgets, the 2000 Insurance Fund Budget and the 2000 levy for the general
operations and the special levies for Bonded Indebtedness, the Armory Indebtedness and our market
value based referendum levy for the new fire station. The last two resolutions concern the Armory
Anticipatory Levies for the City.
Bringing these resolutions before you this evening meets the Truth-In-Taxation requirements that
stipulate that all levies and budgets must be approved at a meeting subsequent to the Public Hearing
on Budgets. That hearing was held Monday, December 6th, and closed that same evening. Passing
the resolutions tonight will allow us to certify the levies to the County in a timely fashion, as well as to
finalize all of the other reporting requirements that we have with the State and the County.
RECOMMENDED ACTION:
Motion to adopt A RESOLUTION APPROVING THE 2000 GENERAL FUND OPERATING
BUDGET, THE 2000 CAPITAL IMPROVEMENT PROGRAM BUDGETS (CIP), THE 2000
INSURANCE BUDGET AND THE 2000 LEVY REQUIRED BY THE CITY OF ROSEMOUNT.
Motion to adopt A RESOLUTION LEVYING A TAX FOR CONSTRUCTION OF A STATE ARMORY
BUILDING.
Motion to adopt A RESOLUTION APPROVING A SPECIAL TAX LEVY FOR FUNDING OF AN
ARMORY.
COUNCIL ACTION:
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1999 -
A RESOLUTION APPROVING THE 2000 GENERAL FUND OPERATING BUDGET,
- THE 2000 CAPITAL IMPROVEMENT PROGRAM BUDGETS(CIP),
THE 2000 INSURANCE BUDGET AND THE 2000 LEVY
REQUIRED BY THE CITY OF ROSEMOUNT
WHEREAS, the City Council of the City of Rosemount has determined that budgets
and special needs for the year 2000 will be in the amount of 56,351 ,318 for the
General Operating Fund, the three CIP Funds and the Insurance Fund; and
WHEREAS, the City Council has determined that special levies for Bonded
Indebtedness (including market value based referendum levies) and the Armory
Project total S 1 ,089,168; and
WHEREAS, the City Council has determined that actual incomes, fund transfers and
anticipated aids will total $2,547,935; and
WHEREAS, the City Council has determined that budgets for all Debt Service Funds
total 54,018,813; and
WHEREAS, the City Council has determined the budget for the Arena Fund to be
5423,900; and
WHEREAS, the City Council has received the Port Authority and the Utility Fund
budgets approved by the Rosemount Port Authority and the Utility Commission.
NOW, THEREFORE BE IT RESOLVED, that the total levy certified to the Dakota
County Auditor shall be 54,736,836 for the regular levy and $155,715 for the
market value based referendum levy; and
�BE IT FURTHER RESOLVED, that the City Council approves the 2000 General Fund
departmental budgets as presented to them at the Budget Hearing held December
6, 1999; and
BE IT FURTHER RESOLVED, that the City Council approves the three 2000 CIP
Fund budgets, the 2000 Insurance Fund budget and the 2000 Arena Fund budget
as presented to them at the Budget Hearing held December 6, 1999.
RESOLUTION 1999 -
ADOPTED this 7th day of December, 1999.
Cathy Busho, Mayor
ATTEST:
Susan M. Walsh, City Clerk
Motion by: Seconded by:
Voted in Favor:
Voted Against:
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1999 -
A RESOLUTION LEVYING A TAX FOR CONSTRUCTION OF A
- STATE ARMORY BUILDING
WHEREAS, the City Council of the City of Rosemount has entered into an agreement
with the Minnesota Army National Guard to construct an Army National Guard Armory
within the City of Rosemount.
WHEREAS, Minnesota Statutes, Section 193.145, Subdivision 2, provides in part, that
a municipality in which an armory has been constructed or is to be constructed
hereunder may by resolution of its governing body irrevocably provide for levying and
collecting annually for a specified period, not exceeding 40 years, a tax which, unless
levied by a county, shall not exceed 0.00798 percent of taxable market value.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rosemount
as follows:
1. In accordance with Minnesota Statutes, Section 193.145, Subdivision 2, there is
hereby levied upon all of the taxable property in the City a direct annual ad
valorem tax in the amount of 0.00798 percent of that taxable market value
spread upon the tax rolls and collected with and as part of other general property
taxes in the City of Rosemount beginning in 1993 and continuing until all funding
requirements for the construction of the armory have been satisfied.
2. The proceeds of the levy shall be used for the purpose of funding the
construction of a new state armory.
3. The obligation of the City to levy, collect, and pay over the taxes shall not be
deemed to constitute an indebtedness of the City within the meaning of any
provision of law or of its charter limiting its total or net indebtedness, and such
� taxes may be levied and collected without regard to any statutory or charter
provision limiting the amount or rate of taxes which such county or municipality is
otherwise authorized to levy.
4. The Clerk is hereby directed to file a certified copy of this resolution with the
County Auditor of Dakota County, Minnesota, together with such other
information as the Auditor shall require, and to obtain the Auditor's certificate that
the tax levy has been made.
RESOLUTION 1999 -
ADOPTED�this 7th day of December, 1999.
Cathy Busho, Mayor
ATTEST:
Susan M. Waish, City Clerk
Motion by: Seconded by:
Voted in Favor:
Voted Against:
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CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1999 -
A RESOLUTION APPROVING A
_ _ SPECIAL TAX LEVY FOR FUNDING OF AN ARMORY
WHEREAS, the Minnesota Army National Guard has selected the City of
Rosemount as the location of an Army National Guard Armory; and
WHEREAS, the City Council of the City of Rosemount, by its Resolution No. 1990-
24, adopted March 20, 1990, approved the establishment of an Armory within the
City and is desirous of seeing this project completed; and
WHEREAS, Minnesota Statutes Section 275.50, subdivision 5, clause (d)
authorizes the City of Rosemount to levy an amount up to 595,000 for taxes levied
beginning in 1990 for the purpose of acquiring an armory and to be serviced by the
levy without regard to the limits on debt service and debt otherwise provided by
Minnesota Statutes, chapter 193 or 475; and
WHEREAS, the Rosemount City Council has held the required public hearing and
met all public notice requirements for this special levy as set out in Minnesota
Statute Section 275.50, subdivision 5, clause (d).
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Rosemount hereby authorizes a special tax levy to be levied in 1999 and collected
in 2000 in the amount of 595,000 for the purpose of ineeting funding requirements
for the construction of an Army National Guard Armory.
ADOPTED this 7th day of December, 1999.
Cathy Busho, Mayor
ATTEST:
Susan M. Walsh, City Clerk
Motion by: Seconded by:
Voted in Favor:
Voted Against: