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HomeMy WebLinkAbout2022-082CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2022-082 RESOLUTION APPROVING 2023 PRELIMINARY GENERAL FUND BUDGET, 2023 PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE FOR THE 2023 BUDGET AND 2023 FINAL PROPERTY TAX LEVY FOR TUESDAY DECEMBER 6th, 2022 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 2023 Budget shall be as follows: 2023 Preliminary General Fund Revenues: Property Taxes $5,134,187 Licenses and Permit 1,256,495 Intergovernmental 311,574 Charges for Services 754,625 Fines and Forfeits 30,000 Interest on Investments 35,000 Miscellaneous 211,562 Total General Fund Revenues $797339444 General Fund Expenditures: General Government $1,511,218 Public Safety 3,731,578 Public Works 1,818,686 Culture & Recreation 386,962 Miscellaneous 35,000 Transfers 25000 Total General Fund Expenditures $797339444 BE IT FURTHER RESOLVED that the Public Hearing will be held on Tuesday December 6th, 2022 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 2022, for collection in 2023 upon the taxable property in said City of Lake Elmo for the following purposes: General Fund Levy Debt Service TOTAL TAX LEVIES And 2023 Preliminary Levy $ 5,134,187 $2, 677,138 $ 7,811,325 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 20th day of September, 2022. 'AZ - Charles Cadenhead Mayor ATTEST: JU4 J96nsonU Cit Jerk