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