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1 <br /> <br />CITY COUNCIL <br />REGULAR MEETING STAFF REPORT <br />AGENDA ITEM 2B <br /> <br />STAFF ORIGINATOR: Hannah Lynch, Finance Director <br /> <br />MEETING DATE: September 25, 2023 <br /> <br />TOPIC: Setting the Date and Time for a Public Hearing on the 2024 <br /> Budget and Tax Levy <br /> <br />VOTE REQUIRED: 3/5 <br />______________________________________________________________________________ <br /> <br />BACKGROUND <br /> <br />The Truth in Taxation law, M.S. 275.065, requires counties, cities over 500 population, school <br />districts, and metropolitan special taxing districts to hold a regularly scheduled meeting at <br />which the budget and levy will be discussed, and the final levy determined. The hearings must <br />be between November 25 and December 28 and be held after 6:00 PM, and the public must be <br />allowed to speak. At this hearing, the time and place of any subsequent regularly scheduled <br />meetings at which the budget and levy will be discussed, and the public allowed to speak, must <br />be announced. <br /> <br />Resolution No. 23-98 sets Monday, December 11, 2023, at 6:30pm during the regularly <br />scheduled City Council Meeting as the date and time for the City’s public hearing. Final <br />adoption of the 2024 budget and tax levy is anticipated immediately following the hearing. <br /> <br />RECOMMENDATION <br /> <br />Staff recommends adoption of Resolution No. 23-98. <br /> <br />ATTACHMENTS <br /> <br />Resolution No. 23-98