HomeMy WebLinkAboutX-E-03 Approve Preliminary 2023 City Property Tax Levy, Preliminary Budget and Setting Truth in Taxation Hearing
X-E-03CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 09 - - 22
A RESOLUTION ADOPTING THE PRELIMINARY
2023 CITY PROPERTY TAX LEVY, PRELIMINARY BUDGET,
AND SETTING TRUTH IN TAXATION HEARING DATE
WHEREAS, the City must annually prepare a budget that is responsive,
responsible, and in alignment with our CORE values and strategic plan; and
WHEREAS, departments prepare requests with are discussed and reviewed as a
team and with the Finance Committee of the Council (Folch, Fox, Vaughan*); and
WHEREAS, the Finance Committee and the City Council have met several times
over the last few months to discuss the preliminary budget information; and
WHEREAS, the committee has directed the City Administrator and staff to
prepare a preliminary 2023 tax levy and budget, a special levy, and set a truth in
taxation hearing date; and
WHEREAS, provisions of the Minnesota Truth and Taxation Law require Cities to
certify a Proposed Property Tax Levy and City Budget to the County Auditor by October
1, 2022; and
WHEREAS, City staff was directed to set the 2023 City Preliminary levy at
$17,373,405, the Preliminary Budget at $38,011,078, and to schedule a truth in taxation
public hearing date at 7:00 p.m. on Monday, December 5, 2022 in the City Council
Chambers at Hastings City Hall, with a continuation date (if needed) of Monday,
December 19, 2022; and
WHEREAS, the City has sufficient cash on hand to reduce the debt levy to
$2,381,918.
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Hastings,
Minnesota; that the preliminary Property Tax Levy of the City of Hastings, for the 2023
City Budget to be certified is hereby adopted.
Adopted this 6th day of September, 2022.
_______________________________
Attest: Mary Fasbender, Mayor
_____________________
Kelly Murtaugh, City Clerk