HomeMy WebLinkAboutResolution 10150 - 2025/09/08RESOLUTION NO. 10150
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPROVING THE PRELIMINARY PROPERTY TAX LEVY FOR
FISCAL YEAR 2026 AND SETTING THE PUBLIC HEARING DATE
WHEREAS, state statute requires cities to certify a preliminary tax levy to the county auditor; and
WHEREAS, guidelines established by the Commissioner of Revenue require certification to occur
on or before September 30, 2025; and
WHEREAS, the City Council has elected to have a preliminary City levy (not including the EDA levy)
increase of 9.20%; and
WHEREAS, a referendum levy passed in 2004 for two additional police officers is set at $280,000
and a referendum levy passed in 2017 for one police officer is set at $140,000; and
WHEREAS, the debt service tax levies have been adjusted or cancelled based on the City's review
of its debt service levy requirements and the City will levy $415,600 (no change from the debt levy schedule);
and
WHEREAS, the street levy is set at $300,000 to meet the demands of continuing to improve and
maintain the streets.
NOW THEREFORE, BE IT RESOLVED, that the proposed sums of money be levied for collection
in 2026 upon the taxable property in said City of Mounds View for the following purposes:
2025 2026 Increase/ %
Levy Levy Decrease Change
General Levy 6,173,812 6,848,989 675,177
Referendum Levy 420,000 420,000 -
GO Debt 418,288 415,600 (2,688)
Capital (Streets) 300,000 300,000 -
7,312,100 7,984,589 672,489 9.20%
BE IT FURTHER RESOLVED that the Truth -In -Taxation meeting will be held on December 1, 2025
at 6:00 pm with a continuation meeting to be held on December 8, 2025 at 6:00 pm if needed.
BE IT FINALLY RESOLVED that the Finance Director shall certify these amounts to the Ramsey
County Auditor.
Adopted this 8th Day of September 2025.
(ATTEST TO
(SEAL)
/h-aLin--dstrom, Mayor
Az � �
Nyle ' mund dministrator
The Mounds View Vision
A Thriving Desirable Community