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2020-67CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: December 14, 2020 RESOLUTION NO: 2020-67 MOTION BY: McDonald SECONDED BY: Campion A RESOLUTION ADOPTING THE 2021 BUDGET AND CIP, AND ESTABLISHING TAX LEVIES IN 2020, COLLECTIBLE FOR 2021 WHEREAS, the City Council has examined the budgetary and tax levy needs for Chanhassen for the calendar year 2021 through detailed public budget meetings; and WHEREAS, the Public Budget meeting was held on December 7th 2020, to receive public input into the budget and tax levy for 2021; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that the 2021 Budget for the City of Chanhassen is adopted with revenue and expenditure amounts for the General Fund of $12,208,200, Special Revenue Funds of $53,800, $2,300, and $172,800 respectively which are detailed in the 2021 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 $12,066,700 for 2021; 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 2021; and BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen adopts a debt levy of $479,800 to meet statutory requirements and bond covenants and that the County Auditor is hereby authorized to spread the adopted debt levy 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 2021-2025 in the total amount of $109,888,425. BE IT FURTHER RESOLVED that the City of Chanhassen authorizes the County Auditor to levy the amounts upon taxable property in the City of Chanhassen in 2020 for collection in 2021, as set forth in the Tax Levy Certification document. Passed and adopted by the Chanhassen City Council this 14th day of December, 2020. ATTEST: Heather Johnston, Interim City Manager YES NO Ryan Campion Coleman McDonald Tj ornhom Elise Ry , Mayor ABSENT