16-070CITY OF SHOREWOOD
RESOLUTION NO. 16 -070
ADOPTING THE PRELIMINARY 2017 GENERAL FUND
OPERATING BUDGET AND TAX LEVY
WHEREAS, City staff have presented the preliminary 2017 budget and tax levy at work
sessions in July and August; and
WHEREAS, the City Council has reviewed the budget and tax levy and made
modifications to each that reflect desired community service levels; and
WHEREAS, the City Council is required to approve and certify the proposed 2017
preliminary levy to the Hennepin County Auditor by September 30;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SHOREWOOD AS FOLLOWS:
1. The 2017 Preliminary General Fund Budget is hereby set at $5,921,312.
2. $5,180,996 is to be levied for 2016 ad valorem property taxes, collectible in 2017
upon all taxable property in the City of Shorewood.
The Finance Director is hereby instructed to transmit a certified copy of this
resolution to the County Auditor of Hennepin County, Minnesota.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 22nd day of
August, 2016.
ATTEST:
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Jean Panchyshyn, City Clerk