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RESOLUTION NO. 8404 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> ADOPTING A CALENDAR FOR THE PREPARATION OF THE 2016 BUDGET <br /> WHEREAS, the City's Charter and Code as well as State Statutes set forth various <br /> requirements for considering and adopting components of the City's budget; and <br /> WHEREAS, Section 7.04 of the City Charter requires the City Administrator to submit to the <br /> City Council a budget calendar to be established by resolution, and <br /> WHEREAS, the calendar is an approximate schedule of when these actions will take place <br /> but is not absolute timeline. <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View <br /> that the following budget and long term financial plan calendar is hereby adopted: <br /> June 1, 2015 City Council discusses budget priorities at a work session. <br /> June 26, 2015 Summary of General Fund operating budget requests delivered to City <br /> Council. <br /> July 6, 2015 City Council reviews General Fund budget at work session. <br /> August 24, 2015 City Council adopts preliminary 2016 property tax levy or defers to <br /> September 14th meeting and sets date for the Truth in Taxation Public <br /> Hearing. <br /> Oct. 5, 2015 City Council reviews other funds and utility rate study at a work session. <br /> Nov. 9, 2015 City Council adopts utility rates for 2016. <br /> Dec. 7, 2015 Truth in Taxation Public Hearing. <br /> Dec. 14, 2015 Continuation Hearing and adoption of 2016 budget and tax levy. <br /> Adopted 11TH day of May, 2015. <br /> . se Flaherty, Mayor <br /> ATTEST: A7N^M n^ E.AZ ,V <br /> James Ericson, City Administrator <br /> (SEAL) <br />