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HomeMy WebLinkAboutResolution No. 313-20 - City of Rochester 2021 Budget RESOLUTION Adopting the City of Rochester 2021 Annual Budget. BE IT RESOLVED by the Common Council of the City of Rochester that the annual budget of the City of Rochester, Minnesota for the fiscal year beginning January 1, 2021 which has been submitted by the several departments and modified and approved by the City Council is hereby adopted: The total of said budget and major divisions thereof being as follows: REVENUE TO SUPPORT THE BUDGET City of Rochester General Property Tax Levy $79,524,771 Park Referendum Tax Levy $2,000,000 Tax Abatement Levy 0 Non-property Taxes 7,131,300 Licenses and Permits 4,764,491 Fines, Forfeits and Penalties 838,508 Intergovernmental Revenue 53,081,481 Charges for Services 55,031,283 Miscellaneous Revenues 91,323,545 Prior Year Revenues 712,231 $294,407,610 RPU Board Authority Charges for Services 163,275,000 Private Funds 10,023,000 Intergovernmental Revenue 2,023,000 Prior Year Revenues 2,282,000 $177,603,000 TOTAL REVENUE $472,010,610 APPROPRIATIONS City of Rochester Employee Services $95,892,396 Other Current Expenses 83,539,608 Capital Outlay 2,491,125 Capital Improvements 99,918,939 Debt Service 12,565,542 $294,407,610 RPU Board Authority Employee Services $29,100,000 Contractual Services 95,468,000 Other Current Expenses 1,491,000 Capital Improvements 37,450,000 Debt Service 14,094,000 $177,603,000 TOTAL APPROPRIATIONS $472,010,610 BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked "Adopted 2021 Budget" be placed on file in the City Clerk's Office, and that effective January 1, 2021, the Director of Finance/Treasurer is hereby directed to cause the appropriate accounting entries to be made in the books of the City. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2020. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2020. ___________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota)