Loading...
HomeMy WebLinkAboutResolution No. 203-21 - Resolution - Establishment of 2022 Preliminary Tax Levy and 2022-2023 Budget Hearing RESOLUTION Establishing the 2022 Preliminary Property Tax Levy and 2022 Budget Hearing. WHEREAS, the City annually adopts an operating levy and annual budget for the coming year in accordance with the City’s Home Rule Charter and Minnesota Statutes; and WHEREAS, Minnesota Statutes section 275.065, subd. 1, requires cities to certify a maximum proposed levy and preliminary budget on or before September 30, 2021, and to establish a public meeting date for the purpose of discussing said proposed levy and budget; and WHEREAS, the Common Council of the City of Rochester has reviewed the preliminary budget and levy; and WHEREAS, the Common Council held an optional public hearing on September 20, 2021 to receive public feedback on the preliminary 2022 tax levy, 2022-2023 operating budgets and 2022-2027 capital improvement plan. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester that the preliminary 2022 net tax levy to be certified to the Olmsted County Auditor is $86,823,881, which is a 6.5% increase, and is hereby established as the maximum possible net tax levy for property tax payable in 2021. BE IT FURTHER RESOLVED that the recommended budget amount of $494,396,233 has been reviewed and potential financing sources identified as well as priorities and programs for 2022. BE IT FURTHER RESOLVED that Monday, December 6, 2021, is hereby established for the public hearing and final adoption of the recommended 2022 budget and tax levy. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2021. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2021. ___________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota)