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5. Adoption of the 1996 Budget1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 MEMORANDUM CITY OF s �HANHassEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 TO: Mayor and City Council FROM: Don Ashworth, City Manager DATE: December 7, 1995 SUBJ: 1996 Budget Attached please find the 1996 Budget in semi -final form. Specifically, the attached document includes all revenue and expense for all city funds for 1996. What is not included are some of the informational sheets typically included at the beginning of the budget (table of contents, manager's cover letter, graphs), as well as some of the statistical pages typically shown in the back of the budget. All numbers within the consolidated document conform to the summary/detail budget information presented to the public at our Truth in Taxation hearing. Approval of the 1996 budget including the proposed tax levies is recommended. CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: RESOLUTION NO: MOTION BY: SECONDED BY: 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 ATTEST: Don Ashworth, City Clerk/Manager day of Donald J. Chmiel, Mayor , 1994. , YES NO ABSENT