HomeMy WebLinkAbout2020-081CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2020-81
RESOLUTION APPROVING 2021 PRELIMINARY GENERAL FUND BUDGET, 2021
PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE
FOR THE 2021 BUDGET AND 2021 FINAL PROPERTY TAX LEVY FOR TUESDAY
DECEMBER 1, 2020 AT 7:00 P.M.
WHEREAS, The City of Lake Elmo is required by State law to approve a resolution
setting forth an annual property tax levy to the Washington County Auditor; and
WHEREAS, Minnesota Statutes require approval of a preliminary property tax levy and
a preliminary budget on or before September 30th of each year; and
WHEREAS, the City Council has received the preliminary budget document;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake
Elmo, that the Preliminary 2021 Budget shall be as follows:
2021
Preliminary
General Fund Revenues:
Property Taxes
$3,824,879
Licenses and Permit
1,013,500
Intergovernmental
283,190
Charges for Services
611,050
Fines and Forfeits
35,000
Interest on Investments
77,000
Miscellaneous
246,017
Total General Fund Revenues
$6,090,636
General Fund Expenditures:
General Government $1,096,988
Public Safety 2,817,240
Public Works 1,611,193
Culture & Recreation 274,468
Capital Outlay 0
Transfers 290,746
Total General Fund Expenditures $6,090,636
BE IT FURTHER RESOLVED that the Public Hearing will be held on Tuesday
December 1, 2020 at 7:00 p.m.; and
BE IT FURTHER RESOLVED that the City Council of the City of Lake Elmo,
Washington County, Minnesota, that the following sums of money be levied in 2020, for
collection in 2021 upon the taxable property in said City of Lake Elmo for the following
purposes:
2021
Preliminary
Geenral Fund Levy $3,824,879
De bt Se ry i ce $1,438,389
TOTAL TAX LEVIES $5,263,268
And
BE IT FURTHER RESOLVED that the City Administrator is hereby authorized and
directed to transmit this information to the County Auditor of Washington County, Minnesota
and the Minnesota Department of Revenue, if applicable, in the format requested as required by
law.
ADOPTED, by the Lake Elmo City Council on the 15th day of September, 2020.
Mike Pearson
Mayor
ATTEST:
(N �J�
Julie o nso
Ci lerk