18-093RESOLUTION NO. 18 - 093
ADOPTING THE PRELIMINARY 2019 GENERAL FUND
OPERATING BUDGET AND PROPERTY TAX LEVY
WHEREAS, City staff have presented the preliminary 2019 budget and property tax levy at
work sessions in August; and
WHEREAS, the City Council has reviewed the budget and property 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 2019
preliminary property tax 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 2019 Preliminary General Fund Budget is hereby set at $6,319,948.
2. $5,530,322 is to be levied for 2018 ad valorem property taxes, collectible in 2019
upon all taxable property in the City of Shorewood.
3. 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 10th day of
September, 2018.
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Deb Siakel, Nfayor Pro Tem