1h. Reallocating 1989 Property Tax Levies I ,
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CITY OF -_
i •
1 \N ..‘, . CHANHASSEN
'8'i i , 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317
I (612) 937-1900
IMEMORANDUM
TO: Mayor and City Council
IFROM: Don Ashworth, City Manager
DATE: December 12, 1988
ISUBJ: Approve 1989 Budget Resolution
IIConsistent with action taken in previous years and per the recom-
mendation of the City Auditor, the generalized form of resolution
certified to the County Auditor' s Office has been redistributed
Ito reflect the actual use of tax dollars. The auditors have con-
tinued to recommend this procedure to insure that in-house per-
sonnel and this office have a specific document reflecting how
the certified levy (generalized format) should be distributed
when received by the City.
Please note that the total certified to the County Auditor is
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exactly the same as included in the 1989 Budget and that the
attached resolution making the distribution to each of the indi-
vidual funds is exactly the same as approved by the Council in
II October, 1988 .
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Generalized Resolution as 1, I
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A Adopted in October
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: October 7, 1987 RESOLUTION NO: 87-111 '
MOTION BY: Geving SECONDED BY: Boyt
A RESOLUTION ADOPTING THE 1988 BUDGET,
AND ESTABLISHING TAX LEVIES FOR 1988
BE IT RESOLVED By the City Council of the City of Chanhassen
that the 1988 Budget for the City of Chanhassen is hereby adopted
in the aggregate revenue and expenditure amounts of $3 ,879,060
and $3,561, 450, respectfully, such being further detailed in the
1988 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 1987
for collection in 1988 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 below; and
BE IT RESOLVED That the City of Chanhassen hereby establishes
a revised 1987 Budget as the official control for the City of
Chanhassen for 1987 as shown in the before hereto adopted 1988 '
Budget under the column shown as "1987 Estimated" Budget for each
of the operation funds of the City.
NOW, THEREFORE, BE IT RESOLVED That the City of Chanhassen '
hereby authorizes the County Auditor to levy the following
amounts upon taxable property in the City of Chanhassen, in
accordance with the heretofore established budget and bonded debt
findings in 1987, for collection in 1988, as setforth below:
I
I Certified Increases 1988
(Decreases ) Taxes To
` ' Levy _ to Levy Be Levied
I Fund
II General Fund $ 1,260, 000 -0- $ 1,260,000
Special Revenue Funds
IFire Relief 17, 000 -0- 17,000
General Bonded Debt
I1980 Community Facility Bonds 151,300 -0- 151 300
Equip. Certificates of 1984 30,000 -0- 30,000
Equip. Certificates of 1984 #2 17, 000 -0- 17,000
I Equip. Certificates of 1986 79, 500 -0- 79 ,500
Equip. Certificates of 1987 50, 000 -0- 50,000
IISpecial Assessment Bonded Debt
Bonds of 1972/73 150, 000 -75, 000 75, 000
Refunding Bonds 1983 85, 000 -85, 000 0
I G.O. Bonds of 1986 148, 000 -33, 000 115, 000
G.O. Bonds of 1984 35, 000 -0- 35 ,000
11( TOTALS $ 2 , 022, 800 $ -193 , 000 $ 1, 829 , 800
IPassed and adopted by the Chanhassen City Council this
day of , 1987 .
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ATTEST:
I
.,o oz,,, \c------w,,, z7Z-//,
IDon Ashworth, City Clerk/Manager homas L. Hamilton, Mayor
IYES NO ABSENT
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Reccarunended Detailed Resolution'
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: RESOLUTION NO:
MOTION BY: SECONDED BY:
A RESOLUTION ADOPTING THE 1989 BUDGET,
AND ESTABLISHING TAX LEVIES FOR 1989
BE IT RESOLVED By the City Council of the City of Chanhassen
that the 1989 Budget for the City of Chanhassen is hereby adopted
in the aggregate revenue and expenditure amounts of $
and $ respectfully, such being further detailed in the
1989 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 1988
for collection in 1989 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 below; and
BE IT RESOLVED That the City of Chanhassen hereby establishes '
a revised 1988 Budget as the official control for the City of
Chanhassen for 1988 as shown in the before hereto adopted 1989
Budget under the column shown as "1988 Estimated" Budget for each
of the operation funds of the City.
NOW, THEREFORE, BE IT RESOLVED That the City of Chanhassen
hereby authorizes the County Auditor to levy the following
amounts upon taxable property in the City of Chanhassen, in
accordance with the heretofore established budget and bonded debt
findings in 1988, for collection in 1989 , as setforth below: '
I < r
I Increases 1989
Certified (Decreases) Taxes To
Levy to Levy Be Levied
II Fund
I General Fund $ 1,448 , 000 -0- $ 1 ,448,000
Special Revenue Bonds
I Fire Relief 18 ,000 -0- 18,000
Recyling Program 30 ,000 -0- 30 ,000
IGeneral Bonded Debt
Municipal Building Bonds 153 ,400 -0- 153 ,400
I Equipment Certificates of 1983 30 ,000 -30,000 -0-
1988 Fire Equipment Bonds 130 ,000 -0- 130 ,000
Equip. Certificates of 1986 58, 900 1 ,100 60 ,000
Equip. Certificates of 1987 60 ,000 -1,500 58 ,500
IEquipment Note of 1988 105 , 000 -0- 105 ,000
Total General Obligation
IBonded Debt $537,300 $ -30 ,400 $ 506 ,900
Special Assessment Bonded Debt
IBonds of 1972/73 150 ,000 -150 ,000 -0-
Refunding Bonds of 1983 85 , 000 - 85 ,000 -0-
IG.O. Bonds of 1986 148,000 -35 ,000 113 ,000
Total Special Assessment
IDebt Funds $383 , 000 $270 ,000 $113 ,000
TOTAL DEBT LEVIES $920 ,300 -$300 , 400 $619 ,900
ITOTAL LEVIES $2 ,416 , 300 -$300 , 400 $2 ,115,900
IPassed and adopted by the Chanhassen City Council this
Iday of December , 1988 .
IATTEST:
IDon Ashworth, City Clerk/Manager Thomas L. Hamilton, Mayor
YES NO ABSENT
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