November 21, 2023 at 5:00 PM - Finance Committee Meeting
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1) Call to Order and Roll Call
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Procedural Item
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2) Adoption of Agenda
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Procedural Item
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3) Approval of Minutes
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Action Item
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3)a. October 17, 2023 Minutes
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Action Item
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4) Reports and Discussion
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Information Item
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4)a. Financial Statements
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4)a.1. October 2023 Statements
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4)b. Audit Update
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Information Item
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4)c. Bond Sales and Ratings Update
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Information Item
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4)d. ProForma Update
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Information Item
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5) Action Items
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Action Item
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Items for referral to the full Board
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6) Adjournment
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Procedural Item
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7) Certification of Final Property Tax Levies 2022 Payable 2023 (2022-0070)
Agenda Item Type:
Action Item
Description:
Background Pursuant to Minnesota Statute, the district is required to certify its final property tax levy before December 28, 2022. Districts are also required to hold a public meeting at which the budget and levy will be discussed, and the public allowed to speak. The Board Finance Committee has recommended that the maximum levy allowed be certified, which totals $243,820,148.80, which represents a 4.34% increase from the prior year's levy. Timeline/Next Steps Upon approval, the final levy will be communicated to Hennepin County and the Minnesota Department of Education. |