HomeMy WebLinkAboutResolution No. 418-17 - PrelimPropertyTaxLevy.2018Budget
RESOLUTION
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, 2017, 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.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester
as follows:
1. The preliminary 2018 net tax levy to be certified to the Olmsted County
Auditor of $68,554,151.00 is hereby established as the maximum possible
net tax levy for property tax payable in 2018.
2. The proposed budget amount of $290,000,000.00 has been reviewed and
potential financing sources identified as well as priorities and programs
for 2018.
3. Monday, December 4, 2017, is hereby established for the public hearing
on the proposed 2018 budget and tax levy, and Monday, December 18,
2018, is hereby established for the public hearing on the final adoption of
the 2018 budget.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2017.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2017.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
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