HomeMy Public PortalAbout2022-67 Resolution Approving Proposed Tax Levy For 2023Member Cavanaugh introduced the following resolution and moved its adoption:
CITY OF MEDINA
RESOLUTION NO. 2022-67
RESOLUTION APPROVING PROPOSED TAX LEVY FOR 2023
WHEREAS, the State of Minnesota has adopted legislation, which requires all
municipalities to pass a resolution adopting a preliminary budget and certifying the total proposed
tax levy amount to the County Auditor prior to September 30, 2022; and
WHEREAS, it is the desire of the City of Medina, Minnesota, to comply with this law and
submit a proposed property tax levy including general operating and debt levies; and
NOW THEREFORE, BE IT RESOLVED, by the city council of the City of Medina,
County of Hennepin, Minnesota, that the following sums of money be proposed for 2023 upon the
taxable property in the City of Medina, for the following purposes: To raise $5,120,600 as adequate
revenue for the general fund operating budget, $424,946 as adequate revenue for debt service,
$312,500 for capital equipment, $61,000 for capital road fund and $112,000 for municipal park
fund.
General Fund $5,111,700
Capital Equipment $ 312,500
Capital Road Fund $ 61,000
Municipal Park Fund $ 112,000
Debt Service:
2012A G.O. CIP Bonds $ 364,791
2015A G.O. Improvement Bonds $ 60,155
Total Levy: $6,022,146
BE IT FURTHER RESOLVED, that the City Clerk, Caitlyn Walker, is hereby instructed to
transmit a certified copy of this resolution to the county auditor of Hennepin County, Minnesota.
Date: September 6, 2022.
ers, Acting Mayor
ATTEST:
Caut7tik, bun -1* -W
Caitlyn Walker, City Clerk
Resolution No. 2022-67
September 6, 2022
The motion for the adoption of the foregoing resolution was duly seconded by member
DesLauriers and upon vote being taken thereon, the following voted in favor thereof:
Albers, Cavanaugh, DesLauriers, Reid
And the following voted against same: (Absent: Martin)
None
Whereupon said resolution was declared duly passed and adopted.
Resolution No. 2022-67 2
September 6, 2022
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