97-075
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.
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CITY OF SHOREWOOD
RESOLUTION NO. 97- 75
A RESOLUTION SETTING THE 1998 PROPOSED GENERAL
FUND BUDGET AND THE PRELIMINARY 1997 PROPERTY TAX
LEVY COLLECTIBLE IN 1998
WHEREAS, the City staff has presented to the City Council the proposed 1998 General
Fund Budget and the 1997 property tax levy collectible in 1998; and,
WHEREAS, the City Council has met to review the proposed budget and property tax
levy; and,
WHEREAS, the City Council must approve and certify its proposed 1998 budget and
preliminary property tax levy for 1997, collectible in 1998, to the County Auditor by September 15
of each year.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Shorewood that:
1. The 1998 Proposed General Fund budget is hereby set at $2,758,893.00.
2. The following sums be levied for 1997, collectible in 1998, upon taxable property in the
City of Shorewood for the following purposes:
Gross Levy - General Fund $2,204,314.00
Less: HACA ( 421.496.00)
Net Levy - General Fund $1,782,818.00
3. That the City Administrator/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 8th day of September,
1997.