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7.1. SR 12-03-2018
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7.1. SR 12-03-2018
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<br /> <br /> <br /> <br /> <br /> <br />Resolution 18-____ <br /> <br />A Resolution of the City of Elk River Authorizing the Proposed Property Tax <br />Levy for Collection in 2019 <br /> <br />WHEREAS, the Elk River City Council has reviewed the City’s anticipated expenditures <br />for all funds in 2019; and, <br /> <br />WHEREAS, the Elk River City Council has considered projected revenues for all funds in <br />2019 and, <br /> <br />WHEREAS, revenues from sources other than property taxes are not sufficient to meet <br />anticipated expenditures of all funds; and, <br /> <br />WHEREAS, debt levies have been adjusted or cancelled based on revenue collections and <br />projections. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: The following amounts are to be levied as property taxes <br />payable in 2019: <br /> <br /> Levy__ <br /> General Fund $ 11,187,400 <br /> Library 66,000 <br /> 2010A G.O. Capital Improvement Plan Bonds 470,130 <br /> Economic Development Tax Abatement 160,235 <br /> Government Building Reserve 55,000 <br /> <br /> TOTAL $ 11,938,765 <br /> <br /> <br />rd <br />Passed and adopted this 3 day of December 2018. <br /> <br /> <br /> John J. Dietz, Mayor <br /> <br />ATTEST: <br /> <br /> <br /> <br />Tina Allard, City Clerk <br /> <br /> <br />
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