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HomeMy WebLinkAboutResolution 8622 RESOLUTION NO. 8622 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 2017 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, 2016; and WHEREAS, the Department of Revenue has certified the amount of Local Government Aid payable to the City in 2017; and WHEREAS, the City Council has elected to have a preliminary levy increase of 3.4%. 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 2017 is $6,595,757. NOW THEREFORE, BE IT FURTHER RESOLVED that the proposed 2017 base property tax levy is $4,208,222. (General Fund $3,908,222 and Street Improvement Fund $300,000) and the proposed 2017 special levies are $334,980 for a total net property tax levy of $4,543,202. NOW, THEREFORE, BE IT FURTHER RESOLVED that the Truth-In-Taxation meeting will be held on December 5, 2016 at 6pm at City Hall with a continuation meeting to be held on December 12, 2016 at 7pm if needed. NOW, THEREFORE, BE IT FURTHER RESOLVED that the Finance Director shall certify these amounts to the Ramsey County Auditor. Adopted this 12th Day of September 2016. e Flaherty, Mayor (ATTEST) Jim Ericson, Administrator (SEAL)