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93-89 City of Chanhassen Carver and Hennepin Counties, Minnesota DATE: September 13, 1993 RESOLUTION NO: 93-89 MOTION BY: Mason SECONDED BY: A RESOLUTION ADOPTING THE 1994 BUDGET AND ESTABLISHING TAX LEVIES FOR 1993 WHEREAS, the State of Minnesota has mandated the Truth in- Taxation process requiring cities to certify a proposed property tax levy by September 15 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 hearings 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 1994 of $3,858,400, reduced by anticipated Homestead and Agriculture Credit Aid (HAOA) of $963,016 producing a net property- tax levy for collection in 1994 of $2,895,384; and BE IT FURTHER RESOLVED that the City of Chanhassen hereby schedules the Truth in Taxation hearing for consideration of the 1994 Budget and property tax levy to be held on Tuesday, November 30th at 7:00 p.m. in the Council Chambers of Chanhassen City Hall, 690 Coulter Drive and the Council will reconvene on Wednesday, December 8th, if necessary. Final action and adoption of the 1994 Budget will occur on Monday, December 13, 1993, at 7:'30 p.m. Passed and adopted by the Chanhassen City Council this 13th day of September, 1993. ATTEST: Don Ashworth, C~~Clerk/Manager Do~6a ] d J' ~1~, Mayor YES NO ABSENT' Ohm i e 1 Win9 Mason Dockendorf Senn None None