22-06 Approve 2023-2024 Budget and Tax Levy Payable 2023
HRA RESOLUTION NO. 22-06
ADOPTING THE HOUSING AND REDEVELOPMENT AUTHORITY 2023-2024
BUDGET AND ADOPTING TAX LEVY PAYABLE IN 2023
WHEREAS, The Golden Valley Housing and Redevelopment Authority
(the “HRA”) has authorities and powers according to MN Statutes, Sections
469.001 to 469.047. MS Statutes, Section 469.033, subd. 6 grants the HRA the
power to levy and collect taxes subject to a resolution of consent from the Golden
Valley City Council for a set period and,
WHEREAS, The Golden Valley HRA on September 20, 2022 Approved
Resolution 22-05 Approving Granting Consent Intent for HRA Levy for a Housing
Program, and
WHEREAS, The City of Golden Valley on September 20, 2022 Approved
HRA Resolution No. 22-05 Approving Granting Consent Intent for HRA Levy for a
Housing Program, and
WHEREAS, The HRA is requesting to adopt the proposed 2023-24 HRA
budget and levy payable in 2023 and requests the City of Golden Valley
approves Intent for the HRA Budget and Levy, and
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
Section I. That there is proposed levy upon all taxable real and personal
property in the City of Golden Valley, a tax rate sufficient to produce the amo unt
as follows:
REVENUE
HRA HOUSING FUND LEVY $ 245,000
LOSS FOR FISCAL DISPARITIES _(4,000)
TOTAL $241,000
Section 2. That the proposed budget is as follows
EXPENDITURE
HRA HOUSING FUND $ 241,000
Adopted by the City Council of Golden Valley, Minnesota this 6th day of
December, 2022.
__________________________
Gillian Rosenquist, Chair
ATTEST:
________________________________
Timothy J. Cruikshank, Executive Director
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