HomeMy Public PortalAbout2023-89 Reso Approving 2024 Preliminary LevyResolution No. 2023-89
September 5, 2023
Member DesLauriers introduced the following resolution and moved its adoption:
CITY OF MEDINA
RESOLUTION NO. 2023-89
RESOLUTION APPROVING PROPOSED TAX LEVY FOR 2024
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, 2023; 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 2024 upon the
taxable property in the City of Medina, for the following purposes: To raise $5,081,243 as adequate
revenue for the general fund operating budget, $423,247 as adequate revenue for debt service,
$462,500 for capital equipment, $61,000 for capital road fund and $112,000 for municipal park
fund.
General Fund $5,081,243
Capital Equipment $ 462,500
Capital Road Fund $ 61,000
Municipal Park Fund $ 112,000
Debt Service:
2012A G.O. CIP Bonds $ 362,943
2015A G.O. Improvement Bonds $ 60,304
Total Levy: $6,139,990
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 5, 2023.
____________________________________
Kathleen Martin, Mayor
ATTEST:
___________________________________
Caitlyn Walker, City Clerk
Resolution No. 2023-89 2
September 5, 2023
The motion for the adoption of the foregoing resolution was duly seconded by member
Albers and upon vote being taken thereon, the following voted in favor thereof:
Albers, Cavanaugh, DesLauriers, Martin, Reid
And the following voted against same:
None
Whereupon said resolution was declared duly passed and adopted.