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2024-22821 FILE RESOLUTION NO. 2024-2282 A RESOLUTION ADOPTING A BUDGET, APPROPRIATING FUNDS, AUTHORIZING EXPENDITURES AND LEVYING A TAX THEREFOR BY THE CITY OF JANESVILLE FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024 WHEREAS, pursuant to Section 14-24 of the Code of General Ordinances of the City of Janesville, and in accordance with Section 65.90 of the Wisconsin Statutes, the City Manager submitted to the Common Council a Budget containing an estimate of City and Library revenues and expenditures for the fiscal year ending December 31, 2025; and WHEREAS, the Common Council has reviewed said estimates, proposed Budget, and held public hearing(s) thereon; WHEREAS, the Rock County Historical Society shall provide the City of Janesville a 5-year Capital Improvement Program outlining projects, with scope and costs, prior to the City of Janesville distributing budgeted funds; NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of Janesville that: SECTION 1. The Budget for the City of Janesville for the fiscal year ending December 31, 2025, as submitted by the City Manager, and as amended and adopted by the Common Council on the 25th day of November, 2024, is hereby ratified. SECTION 2. There is hereby appropriated out of the receipts of the City of Janesville for the year 2025, including monies received from the general property tax levy, to the various purposes specified in said adopted General Fund Revenues Non-Property Tax Revenues $21,213,715.00 Undesignated Funds Applied-General Fund 0.00 Total Non-Property Tax Revenues:$21,213,715.00 General Fund Operating Expenditures General Government $5,480,017.00 Public Safety 29,280,827.00 Public Works 6,766,189.00 Parks and Recreation 3,722,548.00 Community Development 2,068,989.00 Other 1,335,058.00 Total General Fund Operations $48,653,628.00 General Fund Debt Service 11,071,834.00 Total General Fund Expenditures $59,725,462.00 General Fund Tax Levy without TIF $38,511,747.00 TIF Levy 3,309,059.00 Total Levy for General Fund $41,820,806.00 2025 2 City Budget for the purposes therein stated, the following amounts: SECTION 3. There is hereby levied a combined City and Library tax in the total amount of Forty-Five Million, Eight Hundred Eighty-Eight Thousand, Five Hundred and Seventy-Nine Dollars and Sixty-Six Cents ($45,888,579.66) for all purposes on all taxable real property within the City of Janesville as returned by the City Assessor for the year 2024, for the uses and purposes set forth in the City’s 2025 Budget. SECTION 4. The City Clerk is hereby authorized and directed to spread this tax on the current tax roll of the City of Janesville. SECTION 5. Thereby and hereby is levied a net tax for the year 2024 for taxable real property within the City of Janesville located within the Janesville School District at the rate amount of $17.2725 per thousand dollars of assessed valuation. SECTION 6. Thereby and hereby is levied a net tax for the year 2024 for taxable real property within the City of Janesville located within the Milton School District at the rate amount of $16.7522 per thousand dollars of assessed valuation. SECTION 7. This resolution shall take effect forthwith. Hedberg Public Library Revenues Non-Property Tax Revenues $668,749.00 Unrestricted Funds Applied 242,669.00 Total Non-Property Tax Revenues:$911,418.00 Hedberg Public Library Expenditures Operating Expenditures $4,407,908.00 Debt Service 249,373.00 Total Library Expenditures $4,657,281.00 Hedberg Public Library Tax Levy without TIF $3,745,863.00 TIF Levy 321,910.00 Total Levy for Hedberg Public Library $4,067,773.00 2025 3 ADOPTED: November 25, 2024 APPROVED: Kevin M. Lahner, City Manager ATTEST: Lorena Rae Stottler, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Finance Office Prepared by: Finance Office Motion by: Neeno Second by: Williams Councilmember Aye Nay Pass Absent Burdick Jackson Marshick Miller Neeno Squire Williams X X X X X X X 2024-2282 Final Audit Report 2024-12-04 Created:2024-12-03 By:Carri Salus (salusc@ci.janesville.wi.us) Status:Signed Transaction ID:CBJCHBCAABAAwmpLvH4A8yL0KJgspn6DzSZt3B9NKDkJ "2024-2282" History Document created by Carri Salus (salusc@ci.janesville.wi.us) 2024-12-03 - 11:16:22 PM GMT Document emailed to Kevin Lahner (lahnerk@janesvillewi.gov) for signature 2024-12-03 - 11:16:25 PM GMT Email viewed by Kevin Lahner (lahnerk@janesvillewi.gov) 2024-12-03 - 11:36:10 PM GMT Document e-signed by Kevin Lahner (lahnerk@janesvillewi.gov) Signature Date: 2024-12-03 - 11:36:26 PM GMT - Time Source: server Document emailed to Lorena Stottler (stottlerl@janesvillewi.gov) for signature 2024-12-03 - 11:36:27 PM GMT Email viewed by Lorena Stottler (stottlerl@janesvillewi.gov) 2024-12-04 - 2:02:50 PM GMT Document e-signed by Lorena Stottler (stottlerl@janesvillewi.gov) Signature Date: 2024-12-04 - 2:03:06 PM GMT - Time Source: server Agreement completed. 2024-12-04 - 2:03:06 PM GMT