HomeMy WebLinkAbout23-109 - ADMIN Resolution - City Council - 2023/09/18
Resolution No. 23-109
Resolution approving 2024 preliminary property tax levy, and setting public
hearing date for the 2024 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;
Whereas Minnesota Statutes require approval of a preliminary property tax levy on or
before September 30th of each year;
Whereas the city council has received the proposed budget information;
Whereas there are sufficient funds on hand, the 2024 debt levy is reduced from
$6,418,707.78 to $6,292,503; and
Whereas after the approval of the proposed EDA and HRA levies by the EDA and City
Council in addition to the general and debt service levies below, the overall preliminary levy
increase will be 7.7 percent.
Now therefore be it resolved that the truth in taxation public hearing will be held on
December 4, 2023; 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 2024 upon the taxable
property in said City of St. Louis Park for the following purposes:
2024
proposed
Tax capacity-based tax
levy levy
General $37,569,803
Debt service 6,29,503
Total $43,862,305
Be it 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 18, 2023
Kim Keller, city manager Jake Spano, mayor
Attest:
Melissa Kennedy, city clerk
DocuSign Envelope ID: 9AC47A9E-C215-49AD-AE1A-2AB16A204773