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2025-060
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2025-060
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44 no of ad 1, <br />RESOLUTIONAPPROVING I 6 PROPOSED GENER D BUD 2026 <br />PROPOSED PROPERTY AND SETTINGâ–ş° , DATE FOR <br />THE 2026 BUDGET AND 2026 PROPERTY TAX LEVY FOR TUESDAY DECEMBER <br />169 I II <br />WHEREAS, The City of Lake Elmo is required by State lave to approve a resolution <br />setting forth an annual property tax levy to the Washington County Auditor; and <br />WHEREAS, Minnesota Statutes require approval of a proposed property tax levy and a <br />proposed budget on or before September 30th of each year; and <br />WHEREAS, the City Council has received the :Proposed budget document; <br />NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake <br />Elmo, that the Proposed 2026 Budget shall be as follows: <br />2026 <br />Proposed Budget <br />General Fund Revenues: <br />Property Taxes <br />$ 6,3005000 <br />Licenses and Permit <br />1,022,995 <br />Intergovernmental <br />61,645 <br />Charges for Services <br />647,700 <br />Fines and Forfeits <br />305000 <br />Interest on Investments <br />175,000 <br />Miscellaneous <br />334,950 <br />Total General Fund Revenues <br />$ 895729291 <br />General Fund Expenditures <br />General Government $ 2,194,477 <br />Public Safety 4,507,911 <br />Public Works 1,1909210 <br />Miscellaneous / Contingency 949,782 <br />Total General Fund Expenditures $ 898429380 <br />Budgeted Use of Fund Balance $ 2709089 <br />BE IT FURTHER RESOLVED that the Public Hearing will be held on Tuesday <br />December 16, 2025 at 7:00 p.m.; and <br />BE IT FURTHER RESOLVED that the City Council of the City of Lake Elmo, <br />Washington County, Minnesota, that the following sums of money be levied in 2025, for <br />
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