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RESOLUTION NO. 8813 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />Resolution Authorizing Certification of the Preliminary General Fund Budget and <br />Preliminary Property Tax Levy for Fiscal Year 2018 <br />WHEREAS, current state statute requires cities to certify a preliminary budget and tax levy <br />to the county auditor; and <br />WHEREAS, guidelines established by the Commissioner of Revenue require certification <br />to occur on or before September 30, 2017; and <br />WHEREAS, the Department of Revenue has certified the amount of Local Government <br />Aid payable to the City in 2018; and <br />WHEREAS, the City Council has elected to have a preliminary levy increase of 4.3% and; <br />WHEREAS, a referendum election will be held November 7 1 to consider increasing the <br />overall levy by $85,200 or an additional 1.865% to add an additional police officer. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View <br />that the preliminary expenditure budget for the General Fund for fiscal year 2018 is $6,815,474. <br />NOW THEREFORE, BE IT FURTHER RESOLVED that the proposed 2018 base property <br />tax levy is $4,025,429 and the proposed 2018 special levies are $848,556 for a total net property <br />tax levy of $4,873,985. <br />NOW, THEREFORE, BE IT FURTHER RESOLVED that the Truth -In -Taxation meeting <br />will be held on December 4, 2017 at 6 pm at City Hall with a continuation meeting to be held on <br />December 11, 2017 at 6 pm if needed. <br />NOW, THEREFORE, BE IT FURTHER RESOLVED that the Finance Director shall certify <br />these amounts to the Ramsey County Auditor. <br />Adopted this 281h Day of August 2017. <br />Carol A. Mueller, Mayor <br />(ATTEST) <br />Jim Ericson, Administrator <br />(SEAL) <br />