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62 made since the August presentation. <br />63 <br />64 On September 19, 2022, the EDA board approved a 2023 preliminary EDA levy of $411,505. The <br />65 Council is now asked to formally adopt the 2023preliminary EDA Levy by resolution, which is included <br />66 in Attachment D. <br />67 P OLICY O BJECTIVE <br />68 Adopting a preliminary budget and tax levy is required under MN State Statutes. <br />69 F INANCIAL I MPACTS <br />70 See above and attached information. <br />71 S TAFF R ECOMMENDATION <br />72 Staff Recommends the Council adopt the preliminary 2023 Tax Levy and Budget as outlined in thie report <br />73 and in the attached resolutions. <br />74 R EQUESTED C OUNCIL A CTION <br />75 The Council is asked to take the following separate actions: <br />76 a) Motion to approve the attached Resolution adopting the 2023 Preliminary Tax Levy <br />77 b) Motion to approve the attached Resolution adopting the 2023 Prelimnary Debt Levy <br />78 c) Motion to approve the attached Resolution adopting the 2023 Preliminary Budget <br />79 d) Motion to approve the attached Resolution adopting the 2023 Preliminary EDA Tax Levy <br />80 <br />Prepared by: Michelle Pietrick, Finance Director <br />Attachments: A: Resolution to adopt the 2023 Preliminary Tax Levy, with an alternate <br /> B: Resolution to adopt the 2023 Preliminary Debt Levy <br /> C: Resolution to adopt the 2023 Preliminary Budget, with an alternate <br /> D: Resolution to adopt the 2023 Preliminary EDA Tax Levy <br /> E: City Manager Recommended Tax Levy & Budget Information Package excerpts (from August 22, <br />2022 City Council meeting) <br /> F: 2023 Budget Summaries and Reconciliation of Budget changes between 2022 and 2023 <br /> G: Citizen Budget Comments <br /> H: Estimated Tax Impacts to Residential Properties based on various valuations <br /> <br /> <br />81 <br />Page 3 of 3 <br /> <br />