HomeMy WebLinkAboutResolution No. 566-14 566-14 Fl
RESOLUTION
BE IT RESOLVED that the annual budget of the City
of Rochester, Minnesota for the fiscal year beginning January 1, 2015
which has been submitted by the several departments and modified and
approved by the City Council is hereby adopted:
The totals of said budget and major divisions thereof being as
follows:
REVENUE TO SUPPORT
General Property Tax Levy $52,500,000
Tax Abatement Levy 1,000,000
Non-property Taxes 22,466,000
Licenses and Permits 3,329,936
Fines, Forfeits and Penalties 812,400
Intergovernmental Revenue 41,440,803
Charges for Services 44,313,317
Miscellaneous Revenues 34,620,630
Prior Year Revenues 22,581,284
TOTAL REVENUE $223,064,370
APPROPRIATIONS
Employee Services $71,400,101
Other Current Expenses 65,031,712
• Capital Outlay 4,699,100
Capital Improvements 72,381,522
Debt Service 9,551,935
TOTAL APPROPRIATIONS $223,064,370
BE IT FURTHER RESOLVED that the modified, approved and
adopted copy marked "Adopted 2015 Budget" be placed on.file in the
City Clerk's Office, and that effective January 1,2015, the
Director of Finance/Treasurer is hereby directed to cause the
appropriate accounting entries to be made in the books of the City.
BE IT FURTHER RESOLVED by the Common Council of the
City of Rochester, Olmsted County, Minnesota, that the following
sums of money be levied for the current year, collectible in 2015
upon taxable property in said City of Rochester, for the following
purposes:
General Levy
General Fund: $35,231,245
Library Fund: 5,740,271
Recreation System Fund: 6,251,390
Airport Fund: 500,000
Transit Fund: 328,402
• Internal Service Fund: 191,000
Debt Service-Internal Service Fund: 148,529
G.O. Debt Service Fund: 1,655,619
Capital Improvement Fund: 2,453,544
Sub-total $52,500,000
Tax Abatements
Capital Improvements Fund: 1,000,000
TOTAL LEVY $53,500,000
BE IT FURTHER RESOLVED that the City Clerk is hereby
instructed to transmit a certified copy of this resolution to the County
Auditor of Olmsted County, Minnesota.
BE IT FURTHER RFE-11301 17111"1 RV zm-m rr,.r„r,on r'ouncil of the
City of Rochester, Minnesota that the City adopt as the Capital
Improvements Program for the City for the year 2015, the plan
as set forth in writing in the appended document.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS 15th DAY OF DECEMBER ,2014.
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PRESIDENT'JF SAID COMMON COUNCIL
ATTEST:
CITY CLERK
APPROVED THIS 16th DAY OF DECEMBER 2014.
MAYOR OF SAID CITY
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