HomeMy WebLinkAboutResolution No. 272-21 - Resolution - 2022 Operating Budget
RESOLUTION
Adopting the 2022-2023 Operating Budget.
WHEREAS, the adoption of the City of Rochester’s budget is the single most important
policy action taken by the Common Council of the City of Rochester; and
WHEREAS, in response to the on-going pandemic the Common Council of the City of
Rochester adopted a 0% tax levy increase for 2021 helping to mitigate the impact
associated with the pandemic; and
WHEREAS, the City of Rochester has a history of strong financial management and has
consistently received a AAA bond rating; and
WHEREAS, the City of Rochester team started developing the budget in February 2021;
and
WHEREAS, the Common Council of the City of Rochester has adopted strategic priorities
and this budget attempts to align with those strategic priorities; and
WHEREAS, the recommended budget was presented to the Common Council of the City
of Rochester for review and feedback at several Study Sessions throughout 2021; and
WHEREAS, the 2022 tax levy, necessary in order to align strategic priorities, provide
quality services, and assure continued strong financial management through structural
integrity of operating and capital plans, requires a 6.5% increase, which
was preliminarily approved on September 20, 2021.
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester
that the 2022 annual budgetof the City of Rochester, Minnesota for the fiscal year
beginning January 1, 2022 which hasbeen submitted by the departments and modified
approved by the City Councilis hereby adopted:
The total of said budget and major divisions thereof being as follows:
REVENUE TO SUPPORT THE 2022
BUDGET
City of Rochester
General Property Tax Levy $84,823,881
Park Referendum Tax Levy 2,000,000
Tax Abatement Levy 0
Non-property Taxes 7,877,780
Licenses and Permits 4,801,445
Fines, Forfeits and Penalties 803,584
Intergovernmental Revenue 58,276,384
Charges for Services 54,502,349
Miscellaneous Revenues 97,725,125
Prior Year Revenues (4,905,951)
$305,904,597
RPU Board Authority
Charges for Services $187,128,000
Private Funds 15,304,000
Intergovernmental Revenue 90,000
Prior Year Revenues 930,000
$203,452,000
TOTAL REVENUE $509,356,597
APPROPRIATIONS
City of Rochester
Employee Services $99,585,468
Other Current Expenses 85,210,882
Capital Outlay 4,605,721
Capital Improvements 105,650,655
Debt Service 10,851,871
$305,904,597
RPU Board Authority
Employee Services $31,226,000
Contractual Services 96,848,000
Other Current Expenses 25,482,000
Capital Improvements 42,811,000
Debt Service 7,085,000
$203,452,000
TOTAL APPROPRIATIONS $509,356,597
BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked
"Adopted 2022 - 2023 Budget" be placed on file in the Rochester Public Library, and that
effective January 1, 2022, 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 _______________, 2021.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2021.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)