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HomeMy WebLinkAboutResolution 10221 - 2026/03/09RESOLUTION NO. 10221 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA ADOPTING A CALENDAR FOR THE PREPARATION OF THE 2027 BUDGET WHEREAS, the City's Charter and Code as well as State Statutes set forth various requirements for considering and adopting components of the City's budget; and WHEREAS, Section 7.04 of the City Charter requires the City Administrator to submit to the City Council a budget calendar to be established by resolution, and WHEREAS, the calendar is an approximate schedule of when these actions will take place but is not an absolute timeline. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following budget calendar is hereby adopted: April - May City Council discusses budget priorities at a work session. June Summary of General Fund operating budget requests delivered to City Council. June - Aug City Council reviews General Fund budget at work session(s). Aug. 24, 2026 City Council adopts preliminary 2027 property tax levy or defers to September 14th meeting and sets date for the Truth in Taxation Public Hearing. Sept - Nov City Council reviews other funds and utility rate study at work session(s). Oct - Nov City Council considers utility rates for 2027. Dec. 7, 2026 Truth in Taxation Public Hearing. Dec. 14, 2026 Continuation Hearing and adoption of 2027 budget and tax levy. Adopted March 9, 2026. Lindstrom, Mayor ATTEST: _Ax/1 2114 Nyle Zik und, 9AY Administrator (SEAL.) City of Mounds View 2026 Budget Calendar for Preparation of the 2027 Budget March 2026 Finance Department begins preparing budget work papers. April 2026 Departments begin preparing operating budget requests. April - May 2026 City Council discussion on budget priorities and strategies. May 8, 2026 Operating budget requests due from departments. May 2026 Summary of operating budget requests due to City Administrator. May - June 2026 Administrator reviews operating budget requests and capital projects. June 2026 Summary of operating budget requests due to City Council. June - August 2026 City Council reviews Draft General Fund budget at work session(s). August 24, 2026 City Council adopts preliminary 2027 property tax levy or defers to September 141 meeting and sets date for the Truth in Taxation Public Hearing. Sept - Nov 2026 City Council reviews other funds and utility rate study at work session(s) and additional General Fund review if needed. Oct - Nov 2026 City Council considers utility rates for 2027. Dec. 7, 2026 Truth in Taxation Public Hearing Dec. 14, 2026 Continuation hearing and adoption of 2027 Budget and tax levy. December 2026 Finance Director submits final levy forms to County and State and prepares final Budget document. The Mounds View Vision .4 Thriving Desirable Community