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HomeMy WebLinkAbout2021-105CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2021-105 RESOLUTION APPROVING 2022 PRELIMINARY GENERAL FUND BUDGET, 2022 PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE FOR THE 2022 BUDGET AND 2022 FINAL PROPERTY TAX LEVY FOR TUESDAY DECEMBER 7"' , 2021 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 2022 Budget shall be as follows: 2022 Preliminary General Fund Revenues: Property Taxes $5,013,574 Licenses and Permit 1,048,000 Intergovernmental 298,396 Charges for Services 630,200 Fines and Forfeits 35,000 Interest on Investments 38,500 Miscellaneous 184,868 Total General Fund Revenues $7,248,538 General Fund Expenditures: General Government $1,261,091 Public Safety 3,204,439 Public Works 2,294,217 Culture & Recreation 321,537 Capital Outlay 0 Transfers 167,254 Total General Fund Expenditures $7,248,538 BE IT FURTHER RESOLVED that the Public I-Iearing will be held on Tuesday December 71h, 2021 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 2021, for collection in 2022 upon the taxable property in said City of Lake Elmo for the following purposes: 2021 Preliminary General Fund Levy $ 5,013,574 Debt Service 2,461,463 Total Tax Levy $ 7,475,037 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 21s` day of September, 2021. Charles Cadenhead Mayor ATTEST: nso CCle k