Loading...
9. Adoption of 1997 Budget.CITY OF 9- CHANHASSEN 690 COULTER DRIVE 0 P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 DATE: December 6, 1996 TO: Don Ashworth, City Manager FROM: Pam Snell, Finance Director SUBJ: Adoption of 1997 Budget Attached is the 1996 copy of "A Resolution Adopting the 1996 Budget and Establishing Tax Levies for 1996" as it is uncertain as to what the aggregate revenue and expenditure amounts for 1997 will be as a result of the Thursday, December 12th budget work session. I would recommend that this be included as a copy for demonstration purposes with the final amounts being adopted on December 16th based on the outcome of Thursday's meeting. CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE December 11, 1995 RESOLUTION NO: 95 -136 MOTION BY. Mason SECONDED BY: Dockendorf A RESOLUTION ADOPTING THE 1996 BUDGET, AND ESTABLISHING TAX LEVIES FOR 1996 BE IT RESOLVED By the City Council of the City of Chanhassen that the 1996 Budget for the City of Chanhassen is hereby adopted in the aggregate revenue and expenditure amounts of $9,460,596 and $9,883,031, respectively. such being further detailed in the 1996 Budget document which is hereby made a part hereof, and BE IT RESOLVED That the following sums of money have been scheduled as "Certified Levies" as a part of the bond resolutions originally passed for such bond debt - such to be levied in 1995 for collection in 1996 upon the taxable property in said City of Chanhassen and as shown in this resolution; and BE IT RESOLVED That the City Council of the City of Chanhassen hereby determines that certain bonded indebtedness levies are hereby adopted to meet current and future bond requirements and that the County Auditor is hereby authorized and directed to increase or reduce the previously adopted bonded debt levies as shown on the attached Tax Levy Certification document. BE IT RESOLVED That the City of Chanhassen hereby establishes a revised 1995 Budget as the official control for the City of Chanhassen for 1995 as shown in the before hereto adopted 1996 Budget under the column shown as "1994 Estimated" Budget for each of the operational funds of the City. NOW, THEREFORE, BE IT RESOLVED That the City of Chanhassen hereby authorizes the County Auditor to levy the amounts, as shown on the attached Tax Levy Certification document, upon taxable property in the City of Chanhassen, in accordance with the heretofore established budget and bonded debt findings in 1995, for collection in 1996, as setforth on the attached Tax Levy Certification document Passed and adopted by the Chanhassen City Council this 11th day of December 199.5. ATTEST. Don Ashworth, City erk/Manager _. 0 YES NO Chmiel Senn Berquist Dockendorf Mason ABSENT None 1996 BUDGET TAX CERTIFICATION LEVY 1996 TAXES TO FUND BE LEVIED General Fund 2,363,150 Special Revenue Funds Fire Relief 33,000 Recycling Program Ina snn TOTAL OPERATIONAL TAX LEVY 2,500,650 General Bonded Debt Municipal Building Bonds 140,400 1988 Fire Equipment Bonds 135,000 Park Bonds of 1989 82,900 TOTAL GENERAL BONDED DEBT 358,300 Special Assessment Bonded Debt G.O. Bonds of 1986 150,000 G.O. Bonds 1990B 40,000 G.O. Bonds of 1991A 98,000 G.O. Bonds of 1995B 78,607 TOTAL SPECIAL ASSESSMENT DEBT 366,607 Equipment Funding 460,000 TOTAL DEBT LEVY 1,184,907 NET LEVY 3,685,557 HACA DISTRIBUTION 939,443 TOTAL LEVY 4,625,000 iv