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City Council Work Session
Meeting Date: 08/13/2019  
Subject:    2020 Proposed Budget
From: Francine Hanson, Finance Director

City Staff will present the 2020 Proposed Budget to the City Council and will seek direction on the budget and setting the preliminary levy.
The City must certify a proposed levy and truth in taxation hearing date to Anoka County by September 30.  The preliminary levy can be reduced before final adoption but cannot be increased.   Staff is recommending that the preliminary levy be set at the regular City Council meeting scheduled for September 3.

The budget has been prepared incorporating what staff believes to be the priorities of the Council.  A tax levy of $29,542,330 is being recommended, which is a 4.63 percent increase over the prior year. Staff will present the budget and answer any questions at the work session.  The online version of the 2020 Proposed Budget can be found here:
This item is for informational purposes only.  The City Council is asked to please bring their copy of the 2020 Proposed Budget to the work session.

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