HomeMy WebLinkAbout22-143 - ADMIN Resolution - City Council - 2022/09/19Resolution No. 22-143
Resolution approving 2023 preliminary property tax levy,
and setting public hearing date for
the 2023 budget and final property tax levy
Whereas, The City of St. Louis Park is required by Charter and State law to approve a
resolution setting forth an annual tax levy to the Hennepin County Auditor; and
Whereas, Minnesota Statutes require approval of a preliminary property tax levy on or
before September 30th of each year; and
Whereas, the city council has received the proposed budget information; and
Whereas, there are sufficient funds on hand, the 2023 debt levy is reduced from
$6,403,542 to $6,362,813;
Now therefore be it resolved that the truth in taxation public hearing will be held on
December 5, 2022; and
It is further resolved that the City Council of the City of St. Louis Park, Hennepin County,
Minnesota, that the following sums of money be levied for collection in 2023 upon the taxable
property in said City of St. Louis Park for the following purposes:
2022 2023 2022 to 2023
adopted proposed Increase (decrease)
Tax capacity-based tax
levy levy levy $ %
General fund
$33,117,710
$35,072,981 $1,955,271 5.90 %
Debt service 5,248,040 6,362,813 1,114,773 21.24 %
Total
$38,365,750
$41,435,794 $3,070,044 8.00 %
And
It is further resolved that the chief financial officer is hereby authorized and directed to
transmit this information to the County Auditor of Hennepin County, Minnesota and the
Minnesota Department of Revenue, if applicable, in the format requested as required by law.
Reviewed for administration: Adopted by the City Council September 19, 2022
Kim Keller, city manager Jake Spano, mayor
Attest:
Melissa Kennedy, city clerk
DocuSign Envelope ID: 76C2FAB8-B613-400D-A2D9-F5E897B5138E