HomeMy WebLinkAbout20101220 - VIII-C-1
City Council Memorandum
To: Mayor Hicks & City Councilmembers
From: Charlene Stark, Finance Director
Date: 12/16/2010
Item: Resolutions for 2011 Budgets
Council Action Requested:
Adopt the 2011 City Budget, City Tax Levy, & HEDRA-HRA Special Levy
Background Information:
Financial Impact:
The annual budget will result in the city tax levy being reduced by $317,000. The total overall
city budget is increased by $434,057. With the reduction in net tax capcity of about 5% the City's
tax rate is increased to 55.06% or about an increase of 2.3%. Most residents will see very little
impact to their out of pocket for the City's portion of the tax statement.
Advisory Commission Discussion:
NA
Council Committee Discussion:
th
Finance committee met on December 13 and recommends this budget. A public hearing was
held on December 6th. No citizens comments were received.
Attachments:
Three Resolutions
CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION
A RESOLUTION ADOPTING 2011 CITY PROPERTY TAX LEVY
WHEREAS,
the Finance Committee has met and directed staff to set the
2011 City levy to $11,264,000 tax levy, and,
NOW, THEREFORE BE IT RESOLVED,
that the 2011 final Property Tax
Levy of the City of Hastings, for the 2011 City Budget to be certified is hereby
adopted as follows:
Levy *
“General “Levy $ 8,104,000
Debt Levy 3,160,000
Total Tax Levy $11,264,000
Amount Certified to the State of Minnesota and to Dakota and Washington
County Auditors.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF HASTINGS, THIS
20th DAY OF DECEMBER, 2010.
Ayes:
Nays:
Absent:
_____________________
Paul Hicks, Mayor
ATTEST:
_________________________
Melanie Mesko, Assistant Administrator/City Clerk
CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION
A RESOLUTION ADOPTING THE 2011 CITY BUDGET
WHEREAS,
the Finance Committee of the City Council has met to discuss
the 2011 budget requests; and
WHEREAS,
the City Council set a preliminary budget on September 15th;
and
WHEREAS,
provisions of the Minnesota Statutes require Cities to certify a
Property Tax Levy and City Budget to the County Auditor ; and
WHEREAS
, the City council held its Truth in Taxation Public Hearing on
December 6th 2010, to present information on the 2011 budget and to receive
comments; and
NOW, THEREFORE BE IT RESOLVED,
that the City of Hastings 2011
Annual Budget is hereby set at:
City $ 25,011,277.
HRA 527,429
Total $ 25,538,706
ADOPTED BY THE CITY COUNCIL OF THE CITY OF HASTINGS, THIS
20th DAY OF DECEMBER, 2010.
_______________________________
Paul Hicks, Mayor
Attest:
_____________________
Melanie Mesko Lee,
Assistant City Administer/City Clerk
CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION
A RESOLUTION ADOPTING THE 2011 HEDRA-HRA SPECIAL TAX LEVY
,
WHEREAS
the Hastings Economic Development and Redevelopment Authority
(the “Authority”) was created by the City Council of the City of Hastings (the “City”)
pursuant to Minnesota Statues, Sections 469.090 to 469.1081; and
WHEREAS,
the Authority was granted all of the powers of a municipal housing
and redevelopment authority under Minnesota Statues, Sections 469-001 to 469-047 (the
“Act”); and
,
WHEREAS
Section 469.033, Subdivision 6, of the Act, as amended, permits the
Authority to levy and collect a special benefit tax of up to .0185 percent of taxable
market value in the City upon all taxable property, real and personal, within the City; and
WHEREAS,
the Authority desires to levy such tax based upon the limit of .0185
% of the taxable market value, and
,
WHEREAS
the levy of such a special benefit tax is subject to consent by
.
Resolution of the City Council of the City of Hastings
NOW, THEREFORE BE IT RESOLVED,
by the Hastings City Council that
the City of Hastings HRA Special Levy be granted, subjected to the limit of .0185
percent of taxable market value as per Minnesota Statue.
Adopted this 20th day of December 2010,
_______________________________
Paul Hicks, Mayor
Attest:
_____________________
Melanie Mesko Lee, City Clerk