97-74 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
September 8, 1997
RESOLUTION NO: 97-74
MOTION BY:
Mancino
SECONDED BY: Mason
A RESOLUTION ESTABLISHING TAX LEVIES FOR 1997
AND SETTING TRUTH IN TAXATION HEARING DATE
WHEREAS, the State of Minnesota has mandated the Truth in Taxation process requiring
cities to certify a proposed property tax levy by September 15, 1997 for the ensuing year tax
collections; and
WHEREAS, aforesaid "proposed" property tax levy must not be increased but may, in fact, be
decreased in the forthcoming budget preparation and adoption process; and
WHEREAS, said state mandated Truth in Taxation additionally requires cities to set, at this
time, scheduled dates for public hearings to consider adoption of the ensuing year budget, giving
consideration to the scheduling of said dates so as to not conflict with similar public hearing scheduled
by the county and school district for the same purpose.
NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen hereby certifies a
proposed gross property tax levy for collection in 1998 of $6,487,202 reduced by anticipated
Homestead and Agriculture Credit Aid (HACA) of $938,264 producing a net property tax levy for
collection in 1998 of $5,548,938; and
BE IT FURTHER RESOLVED that the City of Chanhassen hereby schedules the Truth in
Taxation hearing for consideration of the 1998 Budget and property tax levy to be held on Tuesday,
December 2, 1997 at 5:30 p.m. in the Council Chambers of Chanhassen City Hall, 690 Coulter Drive
and the Council will reconvene of Monday, December 15, 1997, if necessary. Final action and
adoption of the 1998 Budget will occur on Monday, December 15, 1997 at 5:30 p.m.
Passed and adopted by the Chanhassen City Council this 8th day of September, 1997.
ATTEST:
Don Ashworth, City Clerk/Manager Nancy K. Mancino, Mayor
YES NO ABSENT
Mancino
Mason
Berquist
Engel
Senn
None
None