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2015-1255 RESOLUTION NO. 2015-1255 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, 2016 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, 2016; 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 Janesville that: SECTION 1. The Budget for the City of Janesville for the fiscal year ending December 31, 2016, as submitted by the City Manager and as amended and adopted by the Common Council on the 23rd day of November, 2015, is hereby ratified. SECTION 2. There is hereby appropriated out of the receipts of the City of Janesville for the year 2015, 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 Fund Revenues Non - Property Tax Revenues $ 15,393,167 Undesignated Funds Applied - General Fund $ 564,250 Total Non - Property Tax Revenues: $ 15,957,417 General Fund Operating Expenditures $ - General Government $ 3,415,571 Public Safety $ 24,163,275 Public Works $ 6,229,702 Parks and Recreation $ 2,822,896 Economic Development and NHS $ 470,694 Other $ 780,546 Total General Fund Operations $ 37,882,684 General City Debt Service $ 7,310,066 Total General Fund Expenditures $ 45,192,750 Tax Levy without TIF $ 29,235,333 TIF Levy $ 796,272 Total Levy for General Fund $ 30,031,605 RESOLUTION NO. 2015 -1255 PAGE 2 Hedberg Public Library Revenues Non - Property Tax Revenues $ 718,820 Unrestricted Funds Applied $ 25,422 Total Non - Property Tax Revenues: $ 744,242 Library Operating Expenditures $ 3,837,261 Library Debt Service $ 155,290 Total Library Expenditures $ 3,992,551 Tax Levy without TIF $ 3,248,309 TIF Levy $ 88,473 Total Levy for Hedberg Public Library $ 3,336,782 SECTION 3. There is hereby levied a combined City and Library tax in the total amount of Thirty Three Million, Three Hundred Sixty -Eight Thousand, Three Hundred and Eighty -Seven Dollars ($33,368,387) for all purposes on all taxable real and personal property within the City of Janesville as returned by the City Assessor for the year 2015, for the uses and purposes set forth in the City's 2016 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 2015 for taxable real and personal property within the City of Janesville located within the Janesville School District at the rate amount of $24.5784 per thousand dollars of assessed valuation. SECTION 6. Thereby and hereby is levied a net tax for the year 2015 for taxable real and personal property within the City of Janesville located within the Milton School District at the rate amount of $23.1583 per thousand dollars of assessed valuation. SECTION 7. This resolution shall take effect forthwith. ADOPTED: December 1, 2015 Motion by: Tidwell Second by: Gruber APPROV D: Councilmember Aye Nay Pass Absent Aik Bobzien X Deupree X Mark . Freitag, City Manager Farrell X / Gruber X ATTE �/ / Liebert X �/ J Marklein X �, , . �' Tidwell X as d T. Godek, City CI -'rk- Treasurer APPROVED AS TO FORM: � ,1 • 411011 Tim Assistant Attorney Proposed by: Finance Division Prepared by: Finance Division