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IU <br />MOUNDS VIEW <br />City of Mounds View Staff R <br />To: <br />From: <br />Item Title/Subject: <br />Item No: 8.A.1. <br />Meeting Date: December 14, 2020 <br />Type of Business: Council Business <br />Administrator Review: <br />Honorable Mayor and City Council <br />Mark Beer, Finance Director <br />Resolution 9359 Adopting the 2021 Property Tax Levy <br />Attached is Resolution 9359 adopting the 2021 property tax levy. The Truth -in -taxation meeting was held <br />on December 7, 2020 and the public was provided an opportunity to comment. The City Council has <br />proposed a final overall levy increase of 3.3%. This is consistent with the charter levy cap. <br />The City Council may adopt the tax levy on December 14'h meeting or schedule an additional meeting if <br />necessary to adopt it no later than December 28, 2020. <br />Staff recommends that the City Council adopt resolution 9359 adopting the 2021 property tax levy. <br />Respectfully submitted, <br />Mark Beer <br />