2023-1001
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: December 11, 2023 RESOLUTION NO: 2023-100
MOTION BY: Kimber SECONDED BY: von Oven
A RESOLUTION APPROVING THE 2024 CITY BUDGET,
THE 2024-2028 CAPITAL IMPROVEMENT PLAN,
AND THE FINAL 2023 TAX LEVY, COLLECTIBLE IN 2024
WHEREAS, the City Council has examined the budgetary and tax levy needs for the City
of Chanhassen for the calendar year 2024 through public budget meetings; and
WHEREAS, the City Council held a Truth-in-Taxation public meeting on December 11,
2023, to receive public input on the budget and tax levy for 2024.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen
that the 2024 budget for the following funds adopts the following amounts:
Governmental Funds Revenues &
Transfers In
Expenditures &
Transfers Out
Change in Fund
Balance
General Fund $ 15,743,350 $ 15,653,350 $ 90,000
Special Revenue Funds
Charitable Gambling 50,500 50,000 500
Cemetery 5,800 3,000 2,800
Cable Franchise 6,100 210,000 (203,900)
Grants Fund 1,342,949 1,705,000 (362,051)
Capital Funds
Vehicle & Equipment Replacement 1,298,930 1,019,518 279,412
Capital Facilities 168,100 179,000 (10,900)
Park Renovation - - -
Park Development 2,040,800 2,971,310 (930,510)
Transportation Infrastructure
Management 242,600 281,000 (38,400)
TIF #11 – Frontier Development 279,858 265,964 13,894
TIF #12 – Lake Place Senior
Apartment 130,000 119,125 10,875
Pavement Management 22,879,497 26,870,000 (3,990,503)
Debt Service Fund 576,300 453,725 122,575
Total Governmental Funds $ 44,764,784 $ 49,780,992 $ (5,016,208)
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Enterprise Funds Revenues &
Transfers In
Expenditures &
Transfers Out
Change in Cash
Balance
Water Fund $ 8,800,009 $ 7,445,911 $ 1,354,098
Sewer Fund 5,614,068 7,045,768 (1,431,700)
Storm Water Fund 5,469,300 5,410,735 58,565
Total Enterprise Funds $ 19,883,377 $ 19,902,414 $ (19,037)
TOTAL – ALL CITY FUNDS $ 64,648,161 $ 69,683,406 $ (5,035,245)
BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the
2024-2028 Capital Improvement Plan is adopted in the following amounts, with the 2024 projects
included in fund budgets and projects for years 2025-2028 adopted conceptually:
Fund 2024 2025 2026 2027 2028
Vehicle & Equipment
Replacement $ 1,019,518 $ 1,754,218 $ 1,161,953 $ 1,031,077 $ 1,290,707
Capital Facilities 179,000 137,500 223,000 218,500 194,000
Park Renovation - - - 30,000 -
Park Development 2,875,000 865,000 180,000 - -
Transportation
Infrastructure
Management 281,000 282,000 373,000 303,000 314,000
Pavement
Management 26,125,000 9,020,000 7,540,000 7,780,000 5,990,000
Water 2,489,055 1,381,755 2,133,520 2,202,153 2,527,803
Sewer 2,417,055 1,519,555 1,674,120 2,407,725 14,110,803
Storm Water 3,730,000 4,530,000 2,842,500 4,625,000 2,215,000
Total $ 39,115,628 $ 19,490,028 $ 16,128,093 $ 18,597,455 $ 26,642,313
BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the
preliminary levy be levied in 2023 upon the taxable property in the City of Chanhassen for
collection in the year 2024 for the following purposes and in the following amounts:
Fund Pay 2024 Levy Amount
General $11,851,000
Fleet & Equipment 658,000
Facilities 166,000
Pavement Management Program 982,000
Transportation Infrastructure Management 232,000
PW Facility Debt Service 566,000
TOTAL PRELIMINARY LEVY $14,455,000
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PASSED AND ADOPTED by the Chanhassen City Council on this 11th day of December
2023.
ATTEST:
Kim Meuwissen, City Clerk Elise Ryan, Mayor
YES NO ABSENT
Ryan
McDonald
Schubert
von Oven
Kimber
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