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levy calculation of the city and thus accounts for the several motions listed below. <br /> Notification: <br /> At is regular meeting of September 28,2021, City Council agreed upon December 14, 2021 at 7:00 PM to hold a <br /> public meeting on the 2022 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 /> December 3, 2021. <br /> Time Frame/Observations/Alternatives: <br /> Option#1 -Motion for City Council to Adopt Resolutions#21-3 3 9 Adopting the 2021 Payable 2022 Municipal <br /> Tax Levies(General,Pavement Management, EDA and Debt Service) in the amount of$15,312,856; Adopt <br /> Resolution#21-340 Adopting the 2022 General Fund Budget in the amount of$14,492,640 and Adopt Resolution <br /> #21-341 Adopting the 2022 EDA Budget in the amount of$85,360. <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 2021 in the amount of$13,009,808. <br /> Funding Source: <br /> The EDA levy supports the EDA budget, the General Levy supports the General Fund Budget and debt service levy <br /> supports the respective annual debt service payments and the Pavement Management Levy supports the City's <br /> pavement management program. <br /> Recommendation: <br /> Staff Recommends Option#1 as outlined above. <br /> Outcome/Action: <br /> Motion to Adopt Resolution#21-339 Adopting the 2021, Payable 2022 Municipal Tax Levies (General, Pavement <br /> Management, EDA and debt service) in the amount of$15,312,856; and <br /> Motion to Adopt Resolution#21-340 Adopting the 2022 General Fund Budget in the amount of$14,492,640; and <br /> Motion to Adopt Resolution#21-341 Adopting the 2022 EDA Budget in the amount of$85,360. <br /> Attachments <br /> Reso#21-339 Adopting the 2021/Payable 2022 Municipal Tax Levy <br /> Reso#21-340 Adopting the 2022 General Fund Budget <br /> Reso#21-341 Adopting the 2022 EDA Budget <br /> 2022 General Fund Budget <br /> 2022 EDA Budget <br /> Form Review <br /> Inbox Reviewed By Date <br /> Kurt Ulrich Kurt Ulrich 12/02/2021 01:48 PM <br /> Form Started By:Diana Lund Started On: 11/24/2021 01:23 PM <br /> Final Approval Date: 12/02/2021 <br />