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HomeMy WebLinkAboutResolution 8404 RESOLUTION NO. 8404 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA ADOPTING A CALENDAR FOR THE PREPARATION OF THE 2016 BUDGET WHEREAS, the City's Charter and Code as well as State Statutes set forth various requirements for considering and adopting components of the City's budget; and WHEREAS, Section 7.04 of the City Charter requires the City Administrator to submit to the City Council a budget calendar to be established by resolution, and WHEREAS, the calendar is an approximate schedule of when these actions will take place but is not absolute timeline. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following budget and long term financial plan calendar is hereby adopted: June 1, 2015 City Council discusses budget priorities at a work session. June 26, 2015 Summary of General Fund operating budget requests delivered to City Council. July 6, 2015 City Council reviews General Fund budget at work session. August 24, 2015 City Council adopts preliminary 2016 property tax levy or defers to September 14th meeting and sets date for the Truth in Taxation Public Hearing. Oct. 5, 2015 City Council reviews other funds and utility rate study at a work session. Nov. 9, 2015 City Council adopts utility rates for 2016. Dec. 7, 2015 Truth in Taxation Public Hearing. Dec. 14, 2015 Continuation Hearing and adoption of 2016 budget and tax levy. Adopted 11TH day of May, 2015. . se Flaherty, Mayor ATTEST: A7N^M n^ E.AZ ,V James Ericson, City Administrator (SEAL) City of Mounds View 2016 Budget Calendar May 4, 2015 Finance Department begins preparing budget work papers. May 18, 2015 Departments begin preparing operating budget requests. June 1, 2015 City Council discusses budget priorities and strategies. June 19, 2015 Operating budget requests due from departments. June 22, 2015 Summary of operating budget requests due to City Administrator. June 22, 2015 Capital items needs list due. June 22-23, 2015 Administrator reviews operating budget requests and capital projects. June 26, 2015 Summary of operating budget requests due to City Council. July 6, 2015 City Council reviews General Fund budget at a work session. August 24, 2015 City Council adopts preliminary 2016 property tax levy or defers to September 14m meeting and sets date for the Truth in Taxation Public Hearing. October 5, 2015 City Council reviews other funds and utility rate study at work session. Oct 12 — Nov16 Additional City Council work sessions as needed. Nov. 9, 2015 City Council adopts utility rates for 2016. Dec. 7, 2015 Truth in Taxation Public Hearing Dec. 14, 2015 Continuation hearing and adoption of 2016 Budget and tax levy.