HomeMy WebLinkAbout2026-066CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2026 - 066
RESOLUTION APPROVING 2027 PROPOSED GENERAL FUND BUDGET, 2027
PROPOSED PROPERTY TAX LEVY, AND SETTING PUBLIC HEARING DATE FOR
THE 2027 BUDGET AND 2027 PROPERTY TAX LEVY FOR TUESDAY DECEMBER
15, 2026 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 Comity Auditor; and
WHEREAS, Minnesota Statutes require approval of a proposed property tax levy and a
proposed budget on or before September 30th of each year; and
WHEREAS, the City Council has received the Proposed budget document;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake
Elmo, that the Proposed General Fund 2027 Budget shall be as follows:
General Fund Revenues:
Property Taxes
Licenses and Permit
Intergovernmental
Charges for Services
Fines and Forfeits
Interest on Investments
Miscellaneous
Total General Fund Revenues
General Fund Expenditures:
General Government
Public Safety
Public Works
Miscellaneous / Contingency
Total General Fund Expenditures
Budgeted Transfers
Budgeted Use of Fund Balance
2027
Proposed Budget
$ 8,171,539
903,790
27,500
530,400
50,000
252,000
149,750
$ 10,084,979
$ 2,078,753
5,213,513
2,542,320
150,000
$ 9,984,586
$ 2,100,393
$ 2,000,000
BE IT FURTHER RESOLVED that the Public Hearing will be held on Tuesday
December 15, 2026 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 2026, for
collection in 2027 upon the taxable property in said City of Lake Elmo for the following
purposes:
2027 Proposed Levy
General Levy
$ 8,171,539
Debt Service Levy
3,241,385
Capital Levy
1,867,000
TOTAL LEVY
$ 13,279,925
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 151h day of September, 2026.
Charles Cadenhead 67
Mayor
ATTEST:
Jul' ohns n
Clerk - - --- -- -- - - - -- ---