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<br />RESOLUTION 9'1 .
<br />
<br />RESOLUTION FOR THE CITY OF ELK RIVER
<br />
<br />A RESOLUTION AUTHORIZING THE PROPOSED TAX. LEVY
<br />FOR CALENDAR YEAR 1994
<br />
<br />WHEREAS, the Elk River City Council has reviewed the City's anticipated
<br />expenditures for all funds in 1994; and,
<br />
<br />WHEREAS, the Elk River City Council has considered projected revenues for
<br />all funds in 1994; and,
<br />
<br />WHEREAS, revenues from sources other than property taxes are insufficient to
<br />meet anticipated expenditures of all funds.
<br />
<br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River
<br />that the proposed General Fund Budget in the amountof
<br />is hereby adopted.
<br />
<br />BE IT FURTHER RESOLVED by the Elk River City Council of the City of Elk River
<br />that the following amounts be levied as property taxes payable in 1994.
<br />
<br />Gross RACA Net
<br />Lm Reduction ~
<br />General Fund $2,069,582 $529,194 $1,540,388
<br />Library 41,700 10,663 31,037
<br />Dam Loan 32,572 8,329 24,243
<br />1977 G.O. Refunding 30,800 7,876 23,297
<br />1989 Fire Equipment 67,143 17,169 49,974
<br />1990 Certificate ofIndebtedness 17,000 4,347 12,653
<br />1991 Certificate ofIndebtedness 25,266 6,461 18,805
<br />1992 Certificate ofIndebtedness 24,550 6,277 18,273
<br />1993 Certificate ofIndebtedness 34,884 8,920 25,964
<br />1994 Certificate ofIndebtedness 28,000 7,160 20,840
<br />City Special Assessments 31,300 8,003 23,297
<br />TOTAL $2,402,797 $614,399 $1,788,398
<br />Passed and adopted by the City Council of the City of Elk River this day of
<br />September, 1993.
<br />
<br />ATTEST:
<br />
<br />Henry A. Duitsman, Mayor
<br />
<br />Sandra Thackeray, City Clerk
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