1e. Adopting 1988 Budget. Tax Levies for 1988 4
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CITY OF
,,
\ i j <,_ _ CHANHASSEN
1 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317
(612) 937-1900
MEMORANDUM
ITO: Mayor and City Council
IFROM: Don Ashworth, City Manager
DATE: January 22 , 1988
ISUBJ: Approve 1988 Budget Resolution
I Consistent with action taken in previous years and per the recom-
mendation of the City' s Auditor, the generalized form of resolu-
tion certified to the County Auditor' s Office has been
redistributed to reflect the actual usage of those tax dollars.
I The auditors have continued to recommend this procedure to insure
that in-house personnel and their office have a specific document
reflecting how the certified levy (generalized format) should be
1 distributed when received by the City.
Please note that the total amount cerified to the Council Auditor
I is exactly the same as included in the 1988 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
October, 1987.
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Generalized Resolution
as Passed in October ,-
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA '
DATE: October 7, 1987 RESOLUTION NO: 87-111
MOTION BY: Geving SECONDED BY: Boyt
y
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 Certified Increases 1988
(Decreases) Taxes To
Levy to Levy Be Levied
I Fund
General Fund $1 ,707 , 800 -0- $1 ,707 , 800
IGeneral Bonded Debt
I Equip. Certificate of 1984 30 ,000 -0- 30 ,000
Equip. Certificate of 1984 #2 17 ,000 -0- 17 ,000
ISpecial Assessment Bonded Debt
Bonds of 1972 150 , 000 -75 ,000 75 ,000
ITOTALS $1 ,904 ,800 $ -75 ,000 $1 ,829 , 800
IPassed and adopted by the Chanhassen City Council this
7th day of October , 1987 .
ATTEST:
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IDon Ashworth, Cit' Clerk/Manager homas L. Hamilton , Mayor,C2 Alf,,,,_
IYES NO ABSENT
Hamilton None None
I Geving
Horn
Boyt
IJohnson
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Recommended Detailed
Resolution` '
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: RESOLUTION NO:
MOTION BY: SECONDED BY:
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
IIncreases 1988
Certified (Decreases) Taxes To
ILevy to Levy Be Levied
Fund
IGeneral Fund $ 1 ,260 ,000 -0- $ 1 ,260 ,000
Special Revenue Funds
IFire Relief 17 , 000 -0- 17 ,000
IGeneral Bonded Debt
1980 Community Facility Bonds 151 ,300 -0- 151 ,300
Equip. Certificates of 1984 30 ,000 -0- 30 ,000
I Equip. Certificates of 1984 #2 17 ,000 -0- 17,000
Equip. Certificates of 1986 79, 500 -0- 79 ,500
Equip. Certificates of 1987 50 ,000 -0- 50 ,000
tSpecial Assessment Bonded Debt
Bonds of 1972/73 150 , 000 -75 ,000 75 ,000
I Refunding Bonds 1983 85 ,000 -85 ,000 0
G. O. Bonds of 1986 148, 000 -33 ,000 115 ,000
G. U. Bonds of 1984 35 ,000 -0- 35 ,000
ITOTALS $ 2 ,022 , 800 $ -193 , 000 $ 1, 829 , 800
IPassed and adopted by the Chanhassen City Council this
Iday of , 1987.
IATTEST:
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Don Ashworth, C ty Clerk/Manager Thomas L. Hamil on, Mayor
1 YES NO ABSENT
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