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93-126 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: December 13, 1993 MOTION BY: Win~ RESOLUTION NO: 93-126 SECONDED BY: Dockendorf A RESOLUTION ADOPTING THE 1994 BUDGET, AND ESTABLISHING TAX LEVIES FOR 1994 BE IT RESOLVED By the City Council of the City of Chanhassen that the 1994 Budget for the City of Chanhassen is hereby adopted in the aggregate revenue and expenditure amounts of $7,906,317 and $7,887,589, respectively, such being further detailed in the 1994 Budget document which is hereby made a part hereof; and BE IT RESOLVED That the following sums of money have been scheduled as "Certified Levies" as a part of the bond resolutions originally passed for such bond debt - such to be levied in 1993 for collection in 1994 upon the taxable property in said City of Chanhassen and as shown in this resolution; and BE IT RESOLVED That the City Council of the City of Chanhassen hereby determines that certain bonded indebtedness levies are hereby adopted to meet current and future bond requirements and that the County Auditor is hereby authorized and directed to increase or reduce the previously adopted bonded debt levies as shown on the attached Tax Levy Certification document. BE IT RESOLVED That the City of Chanhassen hereby establishes a revised 1993 Budget as the official control for the City of Chanhassen for 1993 as shown in the before hereto adopted 1994 Budget under the column shown as "1993 Estimated" Budget for each of the operational funds of the City. NOW, THEREFORE, BE IT RESOLVED That the City of Chanhassen hereby authorizes the County Auditor to levy the amounts, as shown on the attached Tax Levy Certification document, upon taxable property in the City of Chanhassen, in accordance with the heretofore established budget and bonded debt findings in 1993, for collection in 1994, as setforth on the attached Tax Levy Certification document. Passed and adopted by the Chanhassen City Council this 13th day of December ATTEST :/~ ~~~ 'I -"~~ ~_~ Don Ashworth, C~r~-y~Cl erk'~/Manager' YES Dockendorf Mason Senn Wing NO Chmiel , 1993. Ddnald J.~elFMayor ABSENT None TAX LEVY CERTIFICATION Fund Certified Levy General Fund $ 2,644,100 Special Revenue Funds Fire Relief Recycling Program 32,000 122,000 154,000 TOTAL OPERATIONAL TAX LEVY $ 2,798,100 General Bonded Debt Municipal Building Bonds 1988 Fire Equipment Bonds Park Bonds of 1989 177,900 126,000 96,900 Total General Obligation Bonded Debt 400,800 Special Assessment Bonded Debt Refunding Bonds 1983 G.O. Bonds of 1986 G.O. Bonds of 1990 Improv. Bonds of 1991 85,000 190,000 42,700 133,000 Total Special Assessment Debt Funds 450,700 320,300 $ 1,171,800 $ 3,969,9OO Equipment Funding TOTAL DEBT LEVY TOTAL LEVY Increases (Decreases) _____~o Levy -0- -0- -0- -14,500 +9,000 -14,000 -19,500 -85,000 -55,000 --0-- -135,000 0 $ -154,500 $ -154,500 1994 Taxes To Be Levied $ 2,644,100 32,000 122.000 154,000 $ 2,798,100 163,400 135,000 82,900 381,300 0 140,000 42,700 133,000 315,700 320,300 $ 1,017,300 $ 3,815,400