22-132 Adopting the 2023 General Fund Operating Budget and Approving the Property Tax Levy Collectible in 2023CITY OF SHOREWOOD
RESOLUTION NO.22-132
A RESOLUTION ADOPTING THE 2023 GENERAL FUND OPERATING BUDGET
AND APPROVING THE PROPERTY TAX LEVY COLLECTIBLE IN 2023
WHEREAS, the 2023 Budget and property tax levies collectible in 2023 for the
City of Shorewood have been prepared and reviewed by the City Council; and,
WHEREAS, the budget has been modified by the City Council to meet service delivery
goals; and,
WHEREAS, the City Council held a Truth -in -Taxation public meeting on December 12,
2022, to receive public comment regarding the adoption of such budgets and property tax levies;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SHOREWOOD AS FOLLOWS:
1. That a budget of $6,089,295 is adopted to pay for 2023 General Fund operations.
2. That the sum of $6,510,948 is levied for 2022, collectible in 2023, upon taxable
property in the City of Shorewood. Individual fund property tax levies are as follows:
General Fund
$5,370,016
Debt Service Funds:
2020A G.O. Street Reconstruction Bonds
$230,487
2021A G.O. Street Reconstruction Bonds
$312,806
2022A G.O. Street Reconstruction Bonds
$228,639
Capital Project Funds:
Equipment Replacement
$123,000
Street Improvements
$123,000
Park Improvements
$123,000
3. That the City Clerk 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 12' day of
December, 2022.
ATTEST:
San ie Yrhone, City Clerk
P-
- � �' 704" -4 0�-�4 Je fifer L badie, Mayor