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©rt OF REQUEST FOR COUNCIL CONSIDERATION Agenda Section 11- <br /> STAFF <br /> 1•STAFF REPORT Report Number: 9b-133QG <br /> QNJ[106 Report Date: 12/11/96 <br /> • CITY COUNCIL MEETING DATE - <br /> • Q December 16. 1996 .— <br /> Special Order of Bus. <br /> %-r" �'�45 <br /> n'Partne� Consent Agenda <br /> Public Hearings <br /> XCouncil Business <br /> Item Description: Consider resolution 5062 adopting the 1997 property tax levy and general fund budget. <br /> Administrator's Review/Recommendation: <br /> -No Comments to supplement this report <br /> -Comments attached. <br /> Explanation/Summary(attach supplement sheets as necessary) <br /> Summary: <br /> State law requires that municipalities conduct a truth in taxation hearing and adopt the subsequent year's <br /> property tax levy on or before December 27th and certify said levy to the County Auditor. <br /> The said resolution has been adjusted to reflect the Council action taken at the December 2nd work session. <br /> Summaries of the adjusted budget were distributed at the December 4th Truth in Taxation hearing. If you did <br /> •ot receive a copy of the summary, I have additional copies available. <br /> Bruce Kessel 1(1_ <br /> Finance Director <br /> • <br /> RECOMMENDATION: <br /> Approve resolution 5062. <br />