HomeMy WebLinkAbout7.A. Public Hearing om 2006/07 Tax Levy and Budget-Res. No. 6537 and 6538
CITY OF SHAKOPEE ~A,
Memorandum
TO: Mayor and Council
Mark McNeillr City Administrator
FROM: Gregg Voxlandr Finance Director
SUBJ: Truth in Taxation Hearing - Subsequent
DATE: December 14r 2006
Introduction & Background
City Council continued the public hearing on the 2006/07
tax levy and budget from December 4th to December 11th. The
actual adoption of the tax levy and budget needs to done in
a separate ("subsequentll) public hearing. The subsequent
public hearing was not opened on December 11th.
The penalty for not complying with the Truth In Taxation
requirements is no increase in the prior yearrs levy except
for debt service needs.
Action
. Opening the public hearing.
. Public Comment.
. Move to reconsider RESOLUTION NO. 6537r A RESOLUTION
SETTING 2006 TAX LEVYr COLLECTIBLE IN 2007.
. Offer RESOLUTION NO. 6537r A RESOLUTION SETTING 2006
TAX LEVYr COLLECTIBLE IN 2007 and move its adoption.
. Move to reconsider RESOLUTION NO. 6538r A RESOLUTION
ADOPTING THE 2007 BUDGET.
. Offer RESOLUTION NO. 6538A RESOLUTION ADOPTING THE
2007 BUDGET and move its adoption.
. Close the hearing.
Gre~OXland
Finance Director
. .
RESOLUTION NO. 6537
A RESOLUTION SETTING 2006 TAX LEVY, COLLECTIBLE IN 2007
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE,
COUNTY OF SCOTT, MINNESOTA, that the following sums of money be
levied as the tax levy in accordance with existing law for the
current year, collectible in 2007, upon the taxable property in
the City of Shakopee, for the following purposes:
General Levy $12,419,000
plus Economic Development Authority 60,000
Debt Service - Fire Referendum 246,449
(Market Value)
BE IT FURTHER RESOLVED, that the City Clerk is hereby instructed
to transmit a certified copy to this resolution to the County
Auditor of Scott County, Minnesota.
Adopted in session of the City Council of the City of
Shakopee, Minnesota held this Nineteenth day of December, 2006.
Mayor of the City of Shakopee
ATTEST:
City Clerk
RESOLUTION NO. 6538
A RESOLUTION ADOPTING THE 2007 BUDGET
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY COUNCIL OF THE CITY OF
SHAKOPEE, MINNESOTA that the 2007 Budget with the estimated revenues
and appropriations for the General Fund and the Special Revenue Funds
as shown below is hereby adopted.
Estimated Revenue Expenditures
&: Other Sources &: Other Uses
General Fund
Mayor and Council $ 198,090
Administration 487,750
City Clerk 314,790
Finance 748,780
Legal 486,300
Planning 511,350
Government Buildings 351,190
Information Technology 282,090
Police 5,719,500
Fire 1,954,050
Inspection 857,930
Engineering 968,340
Street 1,705,860
Shop 65,250
Park 1,315,260
Library/Congregate Dining 309,460
Natural Resources 118,830
Unallocated 150,000
Transfers 1,178,770
Total General Fund $17,061,190 17,723,590
Transit Fund 960,840 2,266,460
Telecommunications Fund 308,000 306,860
Recreation Fund 2,113,890 2,113,890
Adopted in session of the City Council of the City of
Shakopee, Minnesota held this Nineteenth day of December, 2006.
Mayor of the City of Shakopee
ATTEST:
City Clerk