City Council Minutes 2016 11 15 - Laserfiche WebLink

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City Council Meeting Minutes November 15, 2016 Page 3 of 14 law. We must be vigilant to be the kind of town that models respect for the dignity of all people. Mayor Muckle agreed with Councilmember Leh. He welcomed the Monarch High School students in attendance. CITY MANAGER'S REPORT City Manager Fleming thanked the voters in Louisville for the passage of the Recreation and Senior Center expansion bond and sales tax. Design work for the project will begin soon. REGULAR BUSINESS ADOPTION OF 2017 BUDGET RESOLUTION NO. 60, SERIES 2016 — A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND ADOPTING A BUDGET FOR THE CITY OF LOUISVILLE, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY 2017 AND ENDING ON THE LAST DAY OF DECEMBER 2017 RESOLUTION NO. 61, SERIES 2016 — ANNUAL APPROPRIATION RESOLUTION FOR THE CITY OF LOUISVILLE FOR THE CALENDAR YEAR BEGINNING JANUARY 1, 2017 AND ENDING DECEMBER 31, 2017 RESOLUTION NO. 62, SERIES 2016 — A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2016, TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR THE CITY OF LOUISVILLE, COLORADO FOR THE 2017 BUDGET YEAR City Attorney Light noted the first resolution summarizes expenditures and revenues for 2017, the second one appropriates money for the budget, and the third resolution levies taxes for 2016 to pay for the 2017 budget. City Manager Fleming introduced the item stating this is the result of numerous meetings over the past year and the implementation of the new program budgeting process the City is using. He reviewed the program areas and the revenue sources. He noted each program area has goals and key indicators. He stated the fund forecasts for the various funds look good for 2017 and 2018 and will increase reserves. He stated for the Utility Fund and Golf Fund staff is watching closely to make sure the funds are making enough money to be sustainable.