Resolution - 19-21 - Adopt the 2020 General Fund BudgetCITY OF SPRING PARK
SPRING PARK, MINNESOTA
RESOLUTION 19-21
A RESOLUTION ADOPTING THE 2020 GENERAL FUND BUDGET
BE IT RESOLVED, by the Spring Park City Council, County of Hennepin, Minnesota,
that the final 2020 General Fund Budget be accepted as follows:
(Per attached final 2020 Budget)
Total General Fund Budget is $1,325,801.
Adopted by the City Council of the City of Spring Park, Minnesota on December 2, 2019.
CITY OF SPRING PARK
Attest:
Th sa Schyma, City lerk
2020 FINAL BUDGET SUMMARY - 3.5% LEVY
GENERAL FUND
Revenue
Property Tax Levy
$1,108,647
Payments in Lieu of Taxes
$39,000
Licenses & Permits
$29,600
Zoning & Building Fees
$44,500
Grants & Aid
$9,982
Recycling Fees
$10,000
Fines
$10,000
Special Assessments
$5,000
Miscellaneous
$22,000
Transfer from Reserves
$47,072
Total
$1,325,801
Expenditures
Police
$465,750
Fire
$158,831
Public Works
$180,750
Administration
$197,020
Contracted Services (Planner, Attorney, Assessor & Building Official)
$113,950
Parks & Recreation
$28,250
Waste Services
$48,000
Debt Service
$127,250
Total
$1,325,801
WATER & SEWER FUNDS
Revenue
Charges for Service
$885,000
Miscellaneous
$12,500
Interest Earnings
$25,000
Lease Revenue
$48,800
Transfer from Reserves
$32,341
Total
$1,003,641
Expenditures
Contracted Services (PeopleService) $90,000
Operations & Maintenance $379,550
Depreciation $182,800
Met Council Sewer Charges $211,791
Debt Service $139,500
Total $1,003,641