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94-96 City of Chanhassen Carver and Hennepin Counties, Minnesota DATE: September 12. 1994 RESOLUTION NO: 94-96 MOTION BY: Wing SECONDED BY: Mason A RESOLUTION ADOPTING THE 1995 BUDGE~ AND ESTABLISHING TAX LEVIES FOR 1994. WHEREAS, the State of Minnesota has mandated the Truth in Taxation process requirin9 cities to certify a proposed property tax levy by September 15 for the ensuin9 year tax collections; and WHEREAS, aforesaid "proposed" property tax levy must not be increased but may, in fact, be decreased in the forthcomin9 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 ensuin9 year budget, 9ivin9 consideration to the schedulin9 of said dates so as to not conflict with similar public hearings scheduled by the county and school district for the same purpose. NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen ereby certifies a proposed 9ross property tax levy for collection n 1995 of $4,310,000, reduced by anticipated Homestead and Agriculture Oredit Aid (HAOA) of $968,238 producin9 a net property tax levy for collection in 1995 of $3,341,762; and BE IT FURTHER RESOLVED that the City of Chanhassen hereby schedules the Truth in Taxation hearin9 for consideration of the 1995 Budget and property tax levy to be held on Tuesday, November 29th at 7:00 p.m. in the Oouncil Ohambers of Ohanhassen City Hall, 690 Coulter Drive and the Council will reconvene on Wednesday, December 7th, if necessary. Final action and._adoption of the .1995 Budget will occur on Monday, December 12, 1994, at 7:30 p.m. Passed and adopted by the Chanhassen City Council this 12th day of September, 1994. ATTEST: Don Ashworth, YES ABSENT Chmiel Win9 Mason Dockendorf Senn None None ,,, · ,d .. . ~'"~'~j ~~~~~ ~ ~ , ,, , ,, --.