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Res 2022-90 Levy 2022 and Budget 2023CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION N0.2022-90 RESOLUTION APPROVING FINAL 2022 TAX LEVY COLLECTIBLE IN 2023 AND ADOPTING PROPOSED BUDGET FOR 2023 and WHEREAS, the city has previously adopted a preliminary tax levy in resolution 2022-74; WHEREAS, the city will accept public comments on December 6, 2022 on the proposed budget and tax levy. NOW, THEREFORE, BE IT RESOLVED that the city council adopts the following levy for tax against all taxable property in the City of Mendota Heights for collection in the year 2023. 2023 Final General Fund $ 9,380,964 Emergency Preparedness $ 25,000 Fire Relief $ 200,000 Legal & Contingency $ 40,000 General Levy $ 9,645,964 Special Debt Levies Improvement Bonds $ 1,259,807 Abatement Bonds $ 173,615 Fire Station Bonds $ 623,543 Equipment Certificates $ 1595495 Total Special Levy $ 2,216,460 Street Light District Levy $ 85,000 Net Certified Levy $ 1139479424 BE IT FURTHER RESOLVED that the debt levy for Series 2020A has been reduced because sufficient funds exist in the debt service fund for the payment of the debt service levy. BE IT FURTHER RESOLVED that the budget as proposed is deemed to be practical and reasonable to maintain the city operations and is hereby approved. The 2023 budget reflects $18,680,145 of expenses for all funds. The 5-year capital improvement plan is presented as part of the 2023 final budget document. The clerk is hereby instructed to transmit a certified copy of this resolution to the Dakota County Treasurer -Auditor. Adapted by the City Council of the City of Mendota Heights this 6th day of December, 2022. CITY COUNCIL CITY OF MENDOTA HEIGHTS �/Zzdn Stephanie B. Levine, Mayor ATTEST: Ch'r stine an, City Clerk