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RESOLUTION NO. 8445 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> Resolution Authorizing Certification of the Preliminary General Fund Budget and <br /> Preliminary Property Tax Levy for Fiscal Year 2016 <br /> WHEREAS, current state statute requires cities to certify a preliminary budget and <br /> tax levy to the county auditor; and, <br /> WHEREAS, guidelines established by the Commissioner of Revenue require <br /> certification to occur on or before September 30, 2015; and <br /> WHEREAS, the Department of Revenue has certified the amount of Local <br /> Government Aid payable to the City in 2016; and <br /> WHEREAS, the City Council has elected to have a preliminary levy increase of 1%. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds <br /> View that the preliminary expenditure budget for the General Fund for fiscal year 2016 is <br /> $6,493,326. <br /> BE IT FURTHER RESOLVED that the proposed 2016 base property tax levy is <br /> $4,006,549. (General Fund $3,706,549 and Street Improvement Fund $300,000) and the <br /> proposed 2016 special levies are $387,264 for a total net property tax levy of$4,393,813. <br /> BE IT FURTHER RESOLVED that the Finance Director shall certify these amounts <br /> to the Ramsey County Auditor. <br /> Adopted this 14th Day of September 2015. <br /> e Flaherty, Ma►. <br /> (ATTEST) <br /> Jim Ericson, Administrator <br /> (SEAL) <br />