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RESOLUTION 96- <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />a RESOLUTION AUTHORIZING THE PROPOSED MAXIMUM TAX LEVY <br /> FOR CALENDAR YEAR 1997 <br /> <br />WHEREAS, the Elk River City Council has review the City's anticipated <br /> expenditures for all funds in 1997; and, <br /> <br />WHEREAS, The Elk River City Council has considered projected revenues for <br /> all funds in 1997; and, <br /> <br />WHEREAS, revenues from sources other than property taxes are not sufficient <br /> to meet anticipated expenditures of all funds. <br /> <br />NOW, THEREFO~RE, BE IT RESOLVED by the City Council of the City of Elk River that <br /> the proposed General fund Budget in the amount of <br /> is hereby adopted. <br /> <br />BE IT FURTHER RESOLVED by the City Council of the City of Elk River that the <br /> <br />following amounts are the maximum to be levied as property taxes <br />payable in 1997. <br /> <br /> HACA <br />Gross Lev)/ Reduction Net Levy <br /> <br />General Fund $ 2,965,300 $ 499,397 <br />Library 54,950 9,254 <br />Dam Loan 32,572 5,486 <br />SWM/Development Fund 294,100 49,530 <br />City Special Assessments 33,577 5,655 <br />1989 Fire Equipment 68,586 11,551 <br />1993 Certificate of Indebtedness 13,000 2,189 <br />1994 Certificate of Indebtedness 24,393 4,108 <br />1995 Certificate of Indebtedness 26,327 4,434 <br />1996 Certificate of Indebtedness 26,250 4,421 <br />1997 Certificate of Indebtedness 31,000 5,221 <br /> <br />$2,465,903 <br />45.696 <br />27.086 <br />244 570 <br />27 922 <br />57 035 <br />10 811 <br />20 285 <br />21 893 <br />21 829 <br />25 779 <br /> <br />TOTAL $ 3,570,055 $ 601,246 <br /> <br />Passed and adopted by the City Council of the City of Elk River this <br />day of September, 1996. <br /> <br />$2,968,809 <br /> <br />ATTEST: <br /> <br />Henry A. Duitsman, Mayor <br /> <br />Sandra A. Thackeray, City Clerk <br /> <br /> <br />