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Agenda - Council - 12/11/2018
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Agenda - Council - 12/11/2018
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3/17/2025 2:58:22 PM
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12/10/2018 3:07:48 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/11/2018
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At is regular meeting of September 25, 2018, City Council agreed upon December 11, 2018 at 7:00 PM to hold a <br />public meeting on the 2019 levy and budget. This date and time was printed on the proposed tax statements that <br />were sent to each taxable property and public hearing notice was also posted in the Anoka County Union on <br />November 30, 2018. <br />Observations/Alternatives: <br />Option #1 - Motion for City Council to Adopt Resolutions #18-254 Adopting the 2018 Payable 2019 Municipal <br />Tax Levies(General, EDA and Debt Service) in the amount of $11,831,336; Adopt Resolution #18-255 Adopting <br />the 2019 General Fund Budget in the amount of $12,838,782 and Adopt Resolution #18-256 Adopting the 2019 <br />EDA Budget in the amount of $109,163. <br />Option #2 - Motion for City Council to Adopt Resolutions as stated above in Option 1, but with the following <br />modifications: <br />Option#3 - Motion for City Council to not adopt the attached resolutions. If a final levy is not adopted it reverts <br />back to the final levy of 2018 in the amount of $11,374,395. <br />Funding Source: <br />The EDA levy supports the EDA budget and the General Levy supports the General Fund Budget and debt service <br />Recommendation: <br />Staff Recommends Option # 1 as outlined above. <br />Action: <br />Motion to Adopt Resolution #18-254 Adopting the 2018, Payable 2019 Municipal Tax Levies <br />(General, EDA and debt service) in the amount of $11,831,336 <br />and <br />Motion to Adopt Resolution #18-255 Adopting the 2019 General Fund Budget in the amount of <br />$12,838,782 <br />and <br />Motion to Adopt Resolution #8-256 Adopting the 2019 EDA Budget in the amount of $109,163. <br />Attachments <br />2019 General Fund Budget <br />2019 EDA Budget <br />Reso #18-254 Adopting the 2018/Payable 2019 Municipal Tax Levy <br />Reso #18-255 Adopting the 2019 General Fund Budget <br />Reso #18-256 Adopting the 2019 EDA Budget <br />Personnel Request 2019 for Prelim Adoption <br />2019 Anoka Cty Tax Comparisons <br />Form Review <br />Inbox Reviewed By Date <br />
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