Loading...
HomeMy WebLinkAbout2023-089CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2023-089 RESOLUTION APPROVING 2024 PRELIMINARY GENERAL FUND BUDGET, 2024 PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE FOR THE 2024 BUDGET AND 2024 PROPERTY TAX LEVY FOR TUESDAY DECEMBER 5, 2023 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 2024 Budget shall be as follows: 2024 Preliminary General Fund Revenues: Property Taxes $ 5,998,212 Licenses and Permit 933,580 Intergovernmental 269,555 Charges for Services 617,000 Fines and Forfeits 30,000 Interest on Investments 80,000 Miscellaneous 210,903 Total General Fund Revenues $ 89139,250 General Fund Expenditures: General Government $ 1,533,646 Public Safety 4,008,748 Public Works 1,086,568 Culture & Recreation 453,788 Capital Outlay 101,500 Miscellaneous 3500 Transfers 900,000 Total General Fund Expenditures $ 891399250 BE IT FURTHER RESOLVED that the Public Hearing will be held on Tuesday December 5, 2023 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 2023, for collection in 2024 upon the taxable property in said City of Lake Elmo for the following purposes: 2024 Preliminary Levy General Lev $ 5,998,212 Debt Service Levy 2,923,830 TOTAL LEVY $ 8,922,042 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 19th day of September, 2023. Y C arles Cadenhead Mayor ATTEST: Juli J nson City Clerk