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<br />RESOLUTION NO. 8622 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />Resolution Authorizing Certification of the Preliminary General Fund Budget and <br />Preliminary Property Tax Levy for Fiscal Year 2017 <br /> <br /> <br /> WHEREAS, current state statute requires cities to certify a preliminary budget and <br />tax levy to the county auditor; and <br /> <br /> WHEREAS, guidelines established by the Commissioner of Revenue require <br />certification to occur on or before September 30, 2016; and <br /> <br /> WHEREAS, the Department of Revenue has certified the amount of Local <br />Government Aid payable to the City in 2017; and <br /> <br /> WHEREAS, the City Council has elected to have a preliminary levy increase of <br />2.5%. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds <br />View that the preliminary expenditure budget for the General Fund for fiscal year 2017 is <br />$6,595,757. <br /> <br /> NOW THEREFORE, BE IT FURTHER RESOLVED that the proposed 2017 base <br />property tax levy is $4,168,678. (General Fund $3,868,678 and Street Improvement Fund <br />$300,000) and the proposed 2017 special levies are $334,980 for a total net property tax <br />levy of $4,503,658. <br /> <br /> NOW, THEREFORE, BE IT FURTHER RESOLVED that the Truth-In-Taxation <br />meeting will be held on December 5, 2016 at 6pm at City Hall with a continuation meeting <br />to be held on December 12, 2016 at 7pm if needed. <br /> <br /> NOW, THEREFORE, BE IT FURTHER RESOLVED that the Finance Director shall <br />certify these amounts to the Ramsey County Auditor. <br /> <br /> Adopted this 12th Day of September 2016. <br /> <br /> <br /> ______________________________ <br /> Joe Flaherty, Mayor <br />(ATTEST) <br /> <br /> ______________________________ <br /> Jim Ericson, Administrator <br /> <br />(SEAL)