2024-60
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: September 9, 2024 RESOLUTION NO: 2024-60
MOTION BY: Kimber SECONDED BY: von Oven
A RESOLUTION APPROVING THE PRELIMINARY 2024
TAX LEVY, COLLECTIBLE IN 2025, 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 2025 through budget meetings; and
WHEREAS, the City Council will continue to examine the budget and tax levy needs
through budget meetings prior to the adoption of the final budget and levy; and
WHEREAS, the City Council has examined the debt service levy need for the 2016A
bonds, which have a scheduled levy of $487,410, and has determined that a levy of $190,000 is
adequate given the projected cash balance in the debt service fund for those bonds; and
WHEREAS, the City Council has examined the debt service levy need for the 2024A
bonds, which have a scheduled levy of $1,114,550.79, and has determined that a levy of $875,000 is
adequate given the projected cash balance in the debt service fund for those bonds; 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 preliminary levy to be levied in 2024 upon the taxable property in the City of Chanhassen
for collection in the year 2025 for the following purposes and in the following amounts:
Fund Pay 2025 Levy Amount
General $12,270,000
Fleet & Equipment 705,000
Facilities 170,000
Pavement Management Program 1,000,000
Transportation Infrastructure Management 240,000
PW Facility Debt Service (2016A Bonds) 190,000
Civic Campus Debt Service (2024A Bonds) 875,000
TOTAL PRELIMINARY LEVY $15,450,000
Docusign Envelope ID: 67D9F555-A8C1-4352-9139-18C60FABF38D
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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 9 at 7:00 p.m. for the Truth-in-Taxation public meeting to discuss the budget and
levy, allow public comment, and adopt the final 2025 budget and levy.
PASSED AND ADOPTED by the Chanhassen City Council this 9th day of September 2024.
ATTEST:
Jenny Potter, City Clerk Elise Ryan, Mayor
YES NO ABSENT
Ryan
von Oven
McDonald
Kimber
Schubert
Docusign Envelope ID: 67D9F555-A8C1-4352-9139-18C60FABF38D