HomeMy WebLinkAbout2024-099CITY OF LADE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 2024 -099
RESOLUTION APPROVING 2025 PRELIMINARY GENERAL FUND BUDGET, 2025
PRELIMINARY PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE
FOR THE 2025 BUDGET AND 2025 PROPERTY TAX LEVY FOR TUESDAY
DECEMBER 17, 2024 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 2025 Budget shall be as follows:
2025
Preliminary
General Fund Revenues:
Property Taxes
$ 5,588,958
Licenses and Permit
1,011,995
Intergovernmental
276,320
Charges for Services
62300
Fines and Forfeits
3000
Interest on Investments
83,200
Miscellaneous
205,500
Total General Fund Revenues
$ 798189973
General Fund Expenditures:
General Government $ 1,722,689
Public Safety 4,144,709
Public Works 1,866,576
Miscellaneous / Contingency 8500
Total General Fund Expenditures $ 798189973
BE IT FURTHER RESOLVED that the Public Hearing will be held on Tuesday
December 17, 2024 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 2024, for
collection in 2025 upon the taxable property in said City of Lake Elmo for the following
purposes:
2025 Preliminary Levy
General Lev
$ 5,588,958
Debt Service Levy
3,251,728
Capital Levy
1,243,333
TOTAL LEVY
$ 10,084,019
And
BE IT FURTHER RESOLVED that the Finance Director 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 17th day of September, 2024.
Charles Cadenhead
Mayor
ATTEST:
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Ju0e J hnson
Ci lerk