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<br />Item No: 7.A.1. <br />Meeting Date: December 14, 2015 <br />Type of Business: Council Business <br />Administrator Review: _____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Mark Beer, Finance Director <br />Item Title/Subject: Resolution 8488 Adopting the 2016 Property Tax Levy <br /> <br /> <br /> <br />Attached is Resolution 8488 adopting the 2016 property tax levy. The Truth-in-taxation meeting was held <br />on December 7, 2015 and the public had an opportunity to comment. The City Council has proposed a <br />levy increase of 1%. <br /> <br />The City Council may adopt the tax levy on December 14th or schedule an additional meeting if <br />necessary to adopt it no later than December 28, 2015. <br /> <br />Staff recommends that the City Council adopt resolution 8488 adopting the 2016 property tax levy. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />________________________ <br />Mark Beer <br />