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RESOLUTION 95 - <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br />A RESOLUTION AUTHORIZING THE PROPOSED TAX LEVY FOR <br />CALENDAR YEAR 1996 <br />WHEREAS, the Elk River City Council has reviewed the City's anticipated <br />expenditures for all funds in 1996; and, <br />WHEREAS, the Elk River City Council has considered projected revenues for <br />all funds in 1996; and, <br />WHEREAS, revenues from sources other than property taxes are not sufficient <br />to meet anticipated expenditures of all funds. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River that the proposed General Fund Budget in the amount of <br />$4,094,750 is hereby adopted. <br />BE IT FURTHER RESOLVED by the City Council of the City of Elk River that <br />the following amounts be levied as property taxes payable in 1996. <br />General Fund <br />Library <br />Dam Loan <br />Surface Water Management <br />City Special Assessments <br />1989 Fire Equipment <br />1992 Certificate of Indebtedness <br />1993 Certificate of Indebtedness <br />1994 Certificate of Indebtedness <br />1995 Certificate of Indebtedness <br />1996 Certificate of Indebtedness <br />TOTAL <br />Passed and adopted by the City Council of the City of Elk River this 18th day of <br />December, 1995. <br />Henry A. Duitsman, Mayor <br />ATTEST: <br />Sandra A. Thackeray, City Clerk <br />HACA <br />Gross Levy <br />Reduction <br />Net Levy <br />$2,619,859 <br />$491,358 <br />$2,128,501 <br />50,600 <br />9,490 <br />41,110 <br />32,572 <br />6,109 <br />26,463 <br />241,401 <br />45,275 <br />196,126 <br />34,261 <br />6,426 <br />27,835 <br />71,973 <br />13,499 <br />58,474 <br />10,000 <br />1,876 <br />8,124 <br />21,368 <br />4,008 <br />17,360 <br />25,535 <br />4,789 <br />20,746 <br />26,250 <br />4,923 <br />21,327 <br />30,000 <br />5,627 <br />24,373 <br />$3,163,819 <br />$593,380 <br />$2,570,439 <br />Passed and adopted by the City Council of the City of Elk River this 18th day of <br />December, 1995. <br />Henry A. Duitsman, Mayor <br />ATTEST: <br />Sandra A. Thackeray, City Clerk <br />