1. Resolution CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: December 11, 2017 RESOLUTION NO: 2017-XX MOTION BY: SECONDED BY:
A RESOLUTION ADOPTING THE 2018 BUDGET AND CIP, AND ESTABLISHING TAX LEVIES FOR 2017, COLLECTIBLE IN 2018 WHEREAS, the City Council has examined the budgetary and tax levy needs for Chanhassen for
the calendar year 2018 through detailed public budget meetings; and
WHEREAS, the Public Budget meeting was held on December 4th 2017, to receive public input into the budget and tax levy for 2018; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that
the 2018 Budget for the City of Chanhassen is adopted with revenue and expenditure amounts for the General Fund of $11,203,600, Special Revenue Funds of $46,000, $160,900, and $3,500 respectively which are detailed in the 2018 Budget which is made part of this motion by reference; and
BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen adopts a total tax
levy of $10,913,868 for 2018; and BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen adopts a tax levy of $800,000 for the purpose of equipment upgrades and purchases for 2018; and
BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen determines that certain bonded indebtedness levies are hereby adopted to meet statutory requirements and bond covenants and that the County Auditor is hereby authorized to spread the adopted bonded debt levies as shown on the attached Tax Levy Certification document; and
BE IT FURTHER RESOLVED that the City Council adopts a Capital Improvement Program for years 2012-2022 in the total amount of $99,370,095. BE IT FURTHER RESOLVED that the City of Chanhassen authorizes the County Auditor to
levy the amounts shown on the attached Tax Levy Certification document upon taxable property in the City
of Chanhassen in 2017 for collection in 2018, as set forth in the attached Tax Levy Certification document. Passed and adopted by the Chanhassen City Council this 11th day of December, 2017.
ATTEST:
Todd Gerhardt, City Manager Denny Laufenburger, Mayor
YES NO ABSENT