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91-79 e City of Chanhassen Carver and Hennepin Counties, Minnesota DATE: Auqust 26. 1991 MOTION BY: Winq RESOLUTION NO: 91-79 SECONDED BY: Workman A RESOLUTION ADOPTING THE 1992 BUDGET AND ESTABLISHING TAX LEVIES FOR 1991 WHEREAS, the State of Minnesota has mandated the Truth in Taxation process requiring cities to certify a proposed property tax levy by september 1 for the ensuing year tax collections; and WHEREAS, the additional requirements of the Truth in Taxation process impose such restriction upon the city's taxing authority through the imposition of levy limitations; and WHEREAS, aforesaid "proposed" property tax levy must not be increased but may, in fact, be decreased in the forthcoming budget preparation and adoption process; and e WHEREAS, said state mandated Truth in Taxation additionally requires cities to set this time, scheduled dates for public hearings to consider adoption of the ensuing year budget, giving consideration to the scheduling of said dates so as to not conflict with similar public hearings scheduled by the county and school district for the same purpose. NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen hereby certifies a proposed property tax levy for collection in 1992 of $3,385,770 which includes the state imposed levy limitation of $2,553,070 and bonded debt levies of $832,700; and BE IT FURTHER RESOLVED that expenditures for 1992 are hereby $6,468,200, respectively. the maximum revenue set at $6,679,100.00 and and BE IT FURTHER RESOLVED that the City of Chanhassen hereby schedules the public hearing for consideration of the 1992 Budget and property tax levy to be held on Monday, November 18, 1991, at 7:30 p.m. in the Council Chambers of Chanhassen City Hall, 690 Coul ter Dr i v.e . Passed and adopted by the Chanhassen City Council this 26th day of August, 1991. e ATTEST: ~Q~ Don Ashworth, City Clerk/Manager q{.~~'~ Do aId J. miel, Mayor ' - YES NO ABSENT Chmiel Dimler None Workman Mason Winq e e ... ., e City of Chanhassen Carver and Hennepin Counties, Minnesota DATE: August 26. 1991 MOTION BY: Winq RESOLUTION NO: 91-79 SECONDED BY: Workman A RESOLUTION ADOPTING THE 1992 BUDGET AND ESTABLISHING TAX LEVIES FOR 1991 WHEREAS, the State of Minnesota has mandated the Truth in Taxation process requiring cities to certify a proposed property tax levy by September 1 for the ensuing year tax collections; and WHEREAS, the additional requirements of the Truth in Taxation process impose such restriction upon the city's taxing authority through the imposition of levy limitations; and WHEREAS, aforesaid "proposed" property tax levy must not be increased but may, in fact, be decreased in the forthcoming budget preparation and adoption process; and e WHEREAS, said state mandated Truth in Taxation additionally requires cities to set this time, scheduled dates for public hearings to consider adoption of the ensuing year budget, giving consideration to the scheduling of said dates so as to not conflict with similar public hearings scheduled by the county and school district for the same purpose. NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen hereby certifies a proposed property tax levy for collection in 1992 of $3,385,770 which includes the state imposed levy limitation of $2,553,070 and bonded debt levies of $832,700; and BE IT FURTHER RESOLVED that expenditures for 1992 are hereby $6,468,200, respectively. the maximum revenue set at $6,679,100.00 and and BE IT FURTHER RESOLVED that the City of Chanhassen hereby schedules the public hearing for consideration of the 1992 Budget and property tax levy to be held on Monday, November 18, 1991, at 7:30 p.m. in the Council Chambers of Chanhassen City Hall, 690 Coulter Drive, with a continuation meeting to be held, if necessary, on Monday, November 25, 1991 at 7:30 p.m. in the same location. Passed and adopted by the Chanhassen City Council this 26th day of August, 1991. e ATTEST: 42 Don Ashworth, ~nager (]L.... . ~ / t ~ .A' Donald J m~"~, "'" '-- e YES NO ABSENT Chmiel None Oimler Workman Mason Winq (A. e e