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2022-721 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: September 26, 2022 RESOLUTION NO: 2022-72 MOTION BY: McDonald SECONDED BY: Rehm A RESOLUTION APPROVING THE 2023 PRELIMINARY BUDGET, THE PRELIMINARY 2022 TAX LEVY, COLLECTIBLE IN 2023, AND ESTABLISHING THE TRUTH-IN-TAXATION PUBLIC MEETING DATE WHEREAS, the City Council is required to adopt a preliminary maximum tax levy by September 30 and certify the levy to the County for the purposes of preparing the Truth-in-Taxation notices mailed to property owners in the City of Chanhassen; and WHEREAS, the City Council has examined the preliminary budgetary and tax levy needs for the City of Chanhassen for the calendar year 2023 through public budget meetings; and WHEREAS, the City Council will continue to examine the final budget and tax levy needs through public budget meetings prior to adoption of the final budget and levy; and WHEREAS, the City Council is required to hold a Truth-in-Taxation public meeting between the dates of November 25 and December 28. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that the 2023 preliminary budget for the following funds is adopted in the following amounts: Fund Revenues & Other Financing Sources Expenditures & Other Financing Uses Net Change in Fund Balance General $14,343,275 $14,343,275 $0 Fleet & Equipment 778,551 1,009,405 (230,854) Facilities 160,415 469,000 (308,585) Pavement Management Program 10,575,760 11,140,000 (564,240) Transportation Infrastructure Management 417,402 468,700 (51,298) Park Renovation 250,000 310,000 (60,000) Park Acquisition & Development 30,000 96,310 (66,310) PW Facility Debt 502,861 455,425 47,436 Total $27,058,264 $28,292,115 ($1,233,851) BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the preliminary levy to be levied in 2022 upon the taxable property in the City of Chanhassen for collection in the year 2023 for the following purposes and in the following amounts: General Fund $ 10,749,000 Capital Funds 2,344,000 G.O. Debt (Public Works) 482,000 Total City of Chanhassen Levy $ 13,575,000 DocuSign Envelope ID: C0030D3E-EB96-4B76-A257-BBDE54E5980B 2 BE IT FURTHER RESOLVED that the City of Chanhassen authorizes the Treasurer to certify the preliminary levy to the County Auditor for preparation of the Truth-in-Taxation notices, as set forth in the Preliminary Tax Levy Certification document; and BE IT FURTHER RESOLVED that the City Council has scheduled the Council Meeting on December 12 at 7:00 p.m. for the Truth-in-Taxation public meeting to discuss the budget and levy, allow public comment, and adopt final 2023 budget and levy. PASSED AND ADOPTED by the Chanhassen City Council this 26th day of September 2022. ATTEST: Kim Meuwissen, City Clerk Elise Ryan, Mayor YES NO ABSENT Ryan McDonald Campion Rehm Schubert DocuSign Envelope ID: C0030D3E-EB96-4B76-A257-BBDE54E5980B