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City of Lino Lakes <br />2010 Budget Preparation Calendar <br />• June 1— Budget worksheets and calendars distributed to Directors. <br />• June 22 — City Council provides direction on budget parameters. <br />• July 10 — Departmental budget requests are prepared and submitted. <br />• July 10 -July 31— Interim Administrator and Finance Director review requests <br />with Directors and develop proposed 2010 Budget. Proposed budget <br />distributed to City Council. <br />• September 1— Dept. of Revenue certifies 2010 levy limit <br />• September 8 — Follow -up City Council budget work session. <br />• September 14 — City Council approves proposed 2010 Budget and Tax Levy <br />and sets Truth in Taxation hearing dates. <br />• By September 15 - Proposed Budget, Tax Levy and Truth in Taxation hearing <br />dates are certified to Anoka County Auditor. <br />• Mid- November— County mails Truth in Taxation notices to taxpayers. <br />• December 7 — City Council holds Truth in Taxation Hearing. <br />• December 14 — City Council holds Continuation Hearing, if necessary. City <br />Council adopts final 2010 Budget and Tax Levy at Subsequent Hearing. <br />• By December 28 — City certifies final 2010 Budget and Tax Levy to Anoka <br />County Auditor. <br />