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N1OUND1tSVVfE-W <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 12, 2022 <br />Type of Business: Council Business <br />Administrator Review: <br />Honorable Mayor and City Council <br />Mark Beer, Finance Director <br />Resolution 9670 Adopting the 2023 Property Tax Levy <br />Attached is a resolution adopting the 2023 property tax levy. The Truth -in -taxation meeting was held on <br />December 5, 2022 and the public was provided an opportunity to comment. The City Council has <br />proposed a final overall levy increase of 4.87%. This is well under the charter levy cap. <br />The City Council may adopt the tax levy on December 12t" meeting or schedule an additional meeting if <br />necessary to adopt it no later than December 28, 2022. <br />Staff recommends that the City Council adopt the attached resolution adopting the 2023 property tax <br />levy. <br />Respectfully submitted, <br />Ma r�z Peer <br />Mark Beer <br />