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HomeMy WebLinkAboutResolution 7822 • RESOLUTION NO. 7822 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA Resolution Authorizing Certification of the Preliminary General Fund Budget and Property Tax Levy for Fiscal Year 2012 WHEREAS, current state statute requires cities to certify a preliminary budget and tax levy to the county auditor; and, WHEREAS, guidelines established by the Commissioner of Revenue require certification to occur on or before September 15, 2011; and WHEREAS, the Department of Revenue has certified the amount of Local Government Aid payable to the City in 2012; and WHEREAS, the City Council has elected to have no preliminary levy increase. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds • View that the preliminary budget for the General Fund for fiscal year 2012 is $5,511,388. BE IT FURTHER RESOLVED that the proposed 2012 base property tax levy is $3,667,610 (General Fund $3,367,610 and Street Improvement Fund $300,000) and the proposed 2012 special levies are $513,771 for a total net property tax levy of $4,181,381. BE IT FURTHER RESOLVED that the Finance Director shall certify these amounts to the Ramsey County Auditor. Adopted this 12th Day of September 2011. r ,.-<loe Flaherty, ATTEST: \'j Jim Ericson, City Administrator (SEAL) •