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<br />Item No: 7.B.1. <br />Meeting Date: December 14, 2009 <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 7534 Adopting the 2010 Property Tax Levy <br /> <br /> <br /> <br />Attached is Resolution 7534 adopting the 2010 property tax levy. The Truth-in-taxation meeting <br />was held on December 7, 2009 and the public had an opportunity to comment on the levy and <br />budget. <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 25, 2009. <br /> <br />Staff recommends that the City Council adopt resolution 7534 adopting the 2010 property tax levy <br />with no increase for the General Fund and a 7.9% increase for the Street Improvement Fund. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />________________________ <br />Mark Beer <br />