2025-62.docx
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: September 8, 2025 RESOLUTION NO: 2025-62
MOTION BY: von Oven SECONDED BY: McDonald
A RESOLUTION APPROVING THE PRELIMINARY 2025
TAX LEVY, COLLECTIBLE IN 2026, AND ESTABLISHING
THE TRUTH-IN-TAXATION PUBLIC MEETING DATE
WHEREAS, the City Council is required to adopt a preliminary maximum tax levy by September
30 and certify the levy to the County for the purposes of preparing the Truth-in-Taxation notices
mailed to property owners in the City of Chanhassen; and
WHEREAS, the City Council has examined the preliminary budgetary and tax levy needs for the
City of Chanhassen for the calendar year 2026 through budget meetings; and
WHEREAS, the City Council will continue to examine the budget and tax levy needs through
budget meetings prior to the adoption of the final budget and levy; and
WHEREAS, the City Council has examined the debt service levy need for the 2016A bonds, which
have a scheduled levy of $489,090, and has determined that a levy of $369,000 is adequate given
the projected cash balance in the debt service fund for those bonds; and
WHEREAS, the City Council has examined the debt service levy need for the 2024A bonds, which
have a scheduled levy of $1,189,598, and has determined that a levy of $930,000 is adequate given
the projected cash balance in the debt service fund for those bonds; and
WHEREAS, the City Council has examined the debt service levy need for the 2025B bonds, which
have a scheduled tax abatement levy of $490,693 and a CIP levy of $220,128, and has determined
that a tax abatement levy of $400,000 and a CIP levy of $100,000 is adequate given the projected
cash balance in the debt service fund for those bonds; and
WHEREAS, the City Council is required to hold a Truth-in-Taxation public meeting between the
dates of November 25 and December 28.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that
the preliminary levy to be levied in 2025 upon the taxable property in the City of Chanhassen for
collection in the year 2026 for the following purposes and in the following amounts:
Fund Pay 2026 Levy Amount
General $12,609,000
Fleet & Equipment 725,000
Facilities 170,000
Docusign Envelope ID: E7583EE0-499C-451C-B0C7-94685042552D
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Pavement Management Program 820,000
Park Renovation 110,000
Transportation Infrastructure Management 240,000
PW Facility Debt Service (2016A Bonds) 369,000
Civic Campus Debt Service (2024A Bonds) 930,000
2025B Bonds – CIP Levy Portion 400,000
2025B Bonds – Abatement Levy Portion 100,000
TOTAL PRELIMINARY LEVY $16,473,000
BE IT FURTHER RESOLVED that the City of Chanhassen authorizes the Treasurer to certify the
preliminary levy to the County Auditor for preparation of the Truth-in-Taxation notices, as set forth
in the Preliminary Tax Levy Certification document; and
BE IT FURTHER RESOLVED that the City Council has scheduled the Council Meeting on
December 15, 2025, at 7:00 p.m. for the Truth-in-Taxation public meeting to discuss the budget
and levy, allow public comment, and adopt the final 2026 budget and levy.
PASSED AND ADOPTED by the Chanhassen City Council this 8th day of September 2025.
ATTEST:
Jenny Potter, City Clerk Elise Ryan, Mayor
YES NO ABSENT
Ryan Schubert
von Oven
Kimber
McDonald
Docusign Envelope ID: E7583EE0-499C-451C-B0C7-94685042552D