19-092CITY OF SHOREWOOD
RESOLUTION NO. 19 - 092
ADOPTING THE PRELIMINARY 2020 GENERAL FUND
OPERATING BUDGET AND PROPERTY TAX LEVY
WHEREAS, City staff have presented the preliminary 2020 budget and property tax
levy at a work session 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 2020
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:
The 2020 Preliminary General Fund Budget is hereby set at $6,615,701.
2. $5,856,611 is to be levied for 2019 ad valorem property taxes, collectible in
2020 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 23rd day of
September, 2019.
ATTEST:
Sandie Thone, City Clerk
SccS Zer y, A0or