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HomeMy WebLinkAboutResolution 8813 RESOLUTION NO. 8813 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 2018 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, 2017; and WHEREAS, the Department of Revenue has certified the amount of Local Government Aid payable to the City in 2018; and WHEREAS, the City Council has elected to have a preliminary levy increase of 4.3% and; WHEREAS, a referendum election will be held November 7th to consider increasing the overall levy by $85,200 or an additional 1.865% to add an additional police officer. 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 2018 is $6,815,474. NOW THEREFORE, BE IT FURTHER RESOLVED that the proposed 2018 base property tax levy is $4,025,429 and the proposed 2018 special levies are $848,556 for a total net property tax levy of$4,873,985. NOW, THEREFORE, BE IT FURTHER RESOLVED that the Truth-In-Taxation meeting will be held on December 4, 2017 at 6 pm at City Hall with a continuation meeting to be held on December 11, 2017 at 6 pm if needed. NOW, THEREFORE, BE IT FURTHER RESOLVED that the Finance Director shall certify these amounts to the Ramsey County Auditor. Adopted this 28th Day of August 2017. 4AW 4L t ' Carol A. Mueller, Mayor (ATTEST) Jiricson, Administrator (SEAL)