2023 City of Shakopee Budget

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Resolution No. R2022-114

A RESOLUTION SETTING PROPOSED MAXIMUM 2022 PROPERTY TAX LEVY COLLECTIBLE IN 2023

WHEREAS, the City Council of the City of Shakopee, is the governinbgody of the City of Shakopee; and

WHEREAS, Minnesota Statutes require that the preliminary property tax levy for property taxes payable in 2023 be provided to the Scott County Auditor no later than September 30, 2022. NOW , THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the following amounts be levied as the proposed maximum tax levy in accordance with existing law for the current yearupon the taxable property in the City of Shakopee;

2023 Requested

20, 590,000

General Fund

265, 000

Abatements

700, 000

Capital Improvement Fund

Debt Service 2016 Abatement Bond

2, 189, 000

148, 000

2022A Improvement

23, 892, 000

Total Property Taxes

BE IT FURTHERRESOLVED, the public input meeting on the tax levy and budget is set for December 6, 2022 at 7: 00 pm, located at City Hall, 485 Gorman Street. Adopted in regular session of the City Council for the City of Shakopee, Minnesota held this 6th day of September2022.

Mayor of the City of Shakopee

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