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HomeMy WebLinkAbout2022-107CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2022-107 RESOLUTION ADOPTING THE 2022 TAX LEVY COLLECTIBLE IN 2023 AND ADOPTING THE 2023 GENERAL FUND BUDGET 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 currently in force require approval of a property tax levy and a budget in December of each year; and WHEREAS, the City Council has received the budget documents; NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake Elmo, that the 2023 General Fund Budget shall be as follows: 2023 Adopted General Fund Revenues: Property Taxes $5,121,265 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 $7,720,521 General Fund Expenditures: Personnel $3,432,290 Materials and Supplies 322,830 Charges and Services 3,181,813 Capital Outlay 405,000 Miscellaneous 128,588 Transfers 250,000 $7,720,521 Total General Fund Expenditures BE IT FURTHER RESOLVED that the Public Hearing was held on Tuesday December 6, 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: 2022 Final Levy General Fund Levy $ 5,121,265 Debt Service $2,677,138 TOTAL TAX LEVIES $ 7,798,403 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 6th day of December, 2022. C arles Cadenhead Mayor ATTEST: Julie J hn n City Clkkry