2007-444
EXHIBIT VII
RESOLUTION NO. 2007-444
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, ZUU8
WHEREAS, pursuant to Section 3.08.010 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, 2008; and
WHEREAS, the Common Council has reviewed said estimates, proposed Budget, and
held public hearing(s) thereon;
NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of
J anesville that:
SECTION 1. The Budget for the City of Janesville for the fiscal year ending December 31,
2008, as submitted by the City Manager and as amended and adopted by the Common Council
on the 12th day of November, 2007, is hereby ratified.
SECTION 2. There is hereby appropriated out of the receipts of the City of Janesville for the
year 2008, including monies received from the general property tax levy, to the various purposes
specified in said adopted City Budget for the purposes therein stated, the following amounts:
General Citv Revenues
Non-Property Tax Revenues $]5,775,700.00
Undesignated Funds Applied-General Fund 1.231.000.00
Total Non-Property Tax Revenues: $]7,006,700.00
General Citv OveratinJ! Exvenditures
General Government $ 3,326,978.00
Public Safety 20,527,441.00
Public Works 4,812,922.00
Leisure Services 2,759,693.00
Community Development 1,478,109.00
Other (includes T1F Levy) 3.740.173.76
Total for General City Operations: $36,645,3]6.76
General Citv Debt Service $ 4,722,344.00
Total General City Expenses 41.367.660.76
Total Levy for General City $24 360.960.76
HedberQ Public Librarv
Total Expenses (includes TIF Levy) $ 3.984,292.14
Less Non-Property Tax Revenues and
Undesignated Funds Applied 947,896.00
Total Levy for Hedberg Public Library $ 3.036.396.] 4
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Rp~()I.lJTION No. 2007-444 PAGE 2
RESOLUTION No. 2007-444 PAGE 2
SECTION 3. There is hereby levied a combined City and Library tax in the total amount of
Twenty-Six Million, Three Hundred Ninety-Seven Thousand, Three Hundred Fifty-Six Dollars
and 90 Cents ($26,397,356.90) for all purposes on all taxable real and personal property within
the City of Janesville as returned by the City Assessor for the year 2007, for the uses and
purposes set forth in the City's 2008 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 2007 for taxable real and
personal property within the City of Janesville located within the Janesville School District at the
rate amount of $25.4606 per thousand dollars of assessed valuation.
SECTION 6. Thereby and hereby is levied a net tax for the year 2007 for taxable real and
personal property within the City of Janesville located within the Milton School District at the
rate amount of$24.5054 per thousand dollars of assessed valuation.
SECTION 7. This resolution shall take effect forthwith.
ADOPTED: November 30. 2007 Motion by: Williams
Second by: Steeber
APPROVED: Council member Aye Nay Pass Absent
~~ Brunner X
DeGarmo X
Steven E. Sheiffer, City Manager Loasching X
Steeber X
ATTEST: Truman X
Wellnitz X
Williams X
APPROVED AS TO, F,
illJ1~ ~
City Attorney
Proposed by: City Administration
Prepared by: Administrative Services
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