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RES 22-72
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RES 22-72
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12/9/2022 9:31:15 AM
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12/9/2022 9:31:15 AM
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City Government
type
RES
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12/5/2022
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u <br />Resolution 22-72 <br />A Resolution of the City of Elk River Authorizing the Proposed Property Tax <br />Levy for Collection in 2023 <br />WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures <br />for all funds in 2023; and, <br />WHEREAS, the Elk River City Council has considered projected revenues for all funds in <br />2023; and, <br />WHEREAS, revenues from sources other than property taxes are not sufficient to meet <br />anticipated expenditures of all funds; and, <br />WHEREAS, debt levies have been adjusted or cancelled based on revenue collections and <br />projections. <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 2023: <br />Levy= <br />General Fund $ 13,893,000 <br />Library 75,000 <br />2020A GO CIP Bond 606,346 <br />2021A GO CIP/Equipment Bond 389,135 <br />Economic Development Tax Abatement 131.475 <br />TOTAL $ 15,094,956 <br />Passed and adopted this 5`' day of December 2022. <br />11 J. ietz, IG or <br />ATTEST: <br />Tina Allard, 6ty Clerk <br />P 0 w E R I I I I <br />NATuR <br />
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