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City of Lino Lakes <br />2016 Budget Preparation Calendar <br />• Jan -May — City Council provides direction on budget parameters. <br />• April 14 — Budget worksheets and calendars distributed to Directors. <br />• May 15 — Departmental budget requests are submitted. <br />• May 15 — June 30 — City Administrator and Finance Director review <br />requests with Directors and develop proposed 2016 Budget. <br />• August 3 — Proposed budget distributed to the City Council. <br />• August 10 - City Council holds initial work session on 2016 Budget. <br />• August 10 — September 7 — City Council scheduled work sessions on <br />2016 Budget. <br />• September 14— Follow-up City Council budget work session. <br />• September 14 — City Council approves proposed 2016 Budget and Tax <br />Levy and sets Truth in Taxation hearing dates. <br />• By September 30 - Preliminary Tax Levy and public hearing dates <br />are certified to Anoka County Auditor. <br />• October 5 — December 7 - Follow-up City Council budget work sessions. <br />• Mid -November— County mails Truth in Taxation notices to taxpayers. <br />• December 14 — City Council holds Public Hearing. City Council adopts <br />final 2016 Budget and Tax Levy. <br />• By December 28 — City certifies final 2016 Budget and Tax Levy to <br />Anoka County Auditor. <br />1 <br />