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06-102 CITY OF SHOREWOOD RESOLUTION NO. 06-102 A RESOLUTION ADOPTING THE 2007 BUDGETS AND APPROVING THE 2006 PROPERTY TAX LEVY COLLECTIBLE IN 2007 WHEREAS, the 2007 Budget and 2006 property tax levies collectible in 2007 for the City of Shorewood have been prepared and reviewed by the City Council; and, WHEREAS, the City Council held a Truth-In-Taxation meeting on December 11,2006, 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 the following budgets are adopted for the year 2007: General Fund Liquor Funds - (Combined) Water Fund - Operating and Debt Service Sewer Fund Recycling Fund Storm water Management Fund $5,130,958 596,058 1,372,107 1,185,518 117,975 310,942 2. That the following sums be levied for 2006, collectible in 2007, upon taxable property in the City of Shorewood for the following purposes: General Fund Operations Levy Special Levy Total General Fund Levy $3,835,173 561,135 $4.396.308 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 11th day of December, 2006. ATTEST: VVoodyLove,~ayor