5. Approval of Preliminary Tax Levy
CITY OF
CHANHASSEN
7700 Market Boulevard
PO Box 147
Chanhassen, MN 55317
Administration
Phone 952.227 1100
Fax 952.2271110
Building Inspections
Phone 952.227 1180
Fax 952.2271190
Engineering
Phone: 952.2271160
Fax 952.2271170
Finance
Phone 952.2271140
Fax 952227 1110
Park & Recreation
Phone 952.227 1120
Fax 952.2271110
Recreation Center
2310 Coulter Boulevard
Phone 952.2271400
Fax 952.227 1404
Planning &
Natural Resources
Phone 952.227 1130
Fax 952.227 1110
Public Works
1591 Park Road
Phone 952.227 1300
Fax 952.2271310
Senior Center
Phone: 952.2271125
Fax 952.2271110
Web Site
www.ci.chanhassen.mn.us
5
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MEMORANDUM
TO:
Mayor
City Council Members
FROM:
Greg Sticha, Finance Director
t,5,
d~
DATE:
August 28, 2006
SUBJ:
Approval of Prelimmary Tax Levy
In response to the dIScussion and CIty CouncIl direction at the council work
seSSIon on August 14th and the work session of earlIer thIS evening, staff has
prepared a couple options for a prelimmary tax levy.
The City CouncIl needs to decide the prelIminary levy amount during the work
session earlier tomght. As a remmder, the preliminary tax levy IS the maximum
amount the CIty can impose when adopting the final tax levy m December. The
prelimmary levy can only be reduced between now and the adoption of the final
tax levy.
RECOMMENDA TION
Staff recommends that the City Council adopt the preliminary tax levy as
discussed at the work session earlier this evening. This actIOn requires a simple
majority vote of those present.
ATTACHMENTS
1.
ResolutIOn Adopting the Preliminary 2007 Budget and Establishing
Truth in Taxation Tax Levies for 2006, Collectible in 2007
The City 01 Chanhassen · A growing community with clean lakes, quality schools, a charming downtown, thriving businesses, winding trails, and beautiful parks. A great place to live, work, and play.
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
AU2ust 28. 2006
RESOLUTION NO:
2006-
MOTION BY:
SECONDED BY:
A RESOLUTION ADOPTING THE PRELIMINARY 2007 BUDGET, AND ESTABLISffiNG
TRUTH IN TAXATION TAX LEVIES FOR 2006, COLLECTIBLE IN 2007
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHANHASSEN AS
FOLLOWS:
1. That the 2007 Budget for the City of Chanhassen is adopted in the aggregate revenue
and expenditure amounts for the General Fund of$ 9,123,400, which are detailed in
the 2007 Preliminary Budget; and
2. That the total prelimmary levy to be certified to Carver County by September 15,2006 is
$9,575,778; and
3. That the following sums of money have been scheduled as "Proposed Levy
Certification" to fund operations ofthe general fund, capital replacement fund, MSA
fund and debt service funds to be levied in 2006 for collection in 2007 upon the taxable
property in the City of Chanhassen as shown in this resolution; and
4. That the City Council of the City ofChanhassen 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; and
5. That the Truth in Taxation hearing date will be set for December 4,2006 and the
budget and tax levy adoption will be set for December 11, 2006 as allowed by law; and
6. That the City of Chanhassen authorizes the County Auditor to certify the amounts as
set forth in the attached Proposed Levy Certification document for purposes of
preparing the Truth in Taxation notices.
Passed and adopted by the Chanhassen City Council this 28th day of August, 2006.
ATTEST:
Todd Gerhardt, City Manager
Thomas A. Furlong, Mayor
YES
NO
ABSENT