HomeMy WebLinkAboutResolution No. 220-22 - Resolution - Establishing the 2023 Preliminary Tax Levy and 2023 Budget Hearing
RESOLUTION
Establishing the 2023 Preliminary Property Tax Levy and 2023 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 Statues; and
WHEREAS, Minnesota Statues section 275.065, subd. 1, requires cities to certify a
maximum proposed levy and preliminary budget on or before September 30, 2022, and to
establish a public meeting date for the purpose of discussing said proposed levy and budget;
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester
that:
1. The preliminary 2023 net tax levy to be certified to the Olmsted County Auditor is
$92,772,574, which is a 6.85% increase and is hereby established as the maximum
possible net tax levy for property taxes payable in 2023.
2. The recommended 2023 supplemental budget amount of $588,258,896 has been
reviewed and potential funding sources identified as well as priorities and programs
for 2023.
3. Monday, December 5, 2022, is hereby established for the public hearing and final
adoption of the recommended 2022 tax levy and budget.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2022.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2022.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)