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RESOLUTION 96 - <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />a RESOLUTION AUTHORIZING THE FINAL 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, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that <br /> the general Fund Budget in the amount of $ is hereby adopted. <br /> <br />BE IT FURTHER RESOLVED by the City Council of the City of Elk River that the <br /> following amounts are to be levied as property taxes payable in 1997 <br /> <br /> HACA <br />Gross Levy Reduction <br /> <br />General Fund $ 2,965,300 <br />Library 54,950 <br />Dam Loan 32,572 <br />Surface Water Management 169,100 <br />Development Fund 125,000 <br />City Special Assessments 33,577 <br />1989 Fire Equipment 68,586 <br />1993 Certificate of Indebtedness 13,000 <br />1994 Certificate of Indebtedness 24,393 <br />1995 Certificate of Indebtedness 26,327 <br />1996 Certificate of Indebtedness 26,250 <br />1997 Certificate of Indebtedness 31,000 <br /> <br />$ 499,396 <br />9,254 <br />5,486 <br />28,479 <br />21,052 <br />5,655 <br />11,551 <br />2,189 <br />4,108 <br />4,434 <br />4,421 <br />5,221 <br /> <br /> Net Levy <br />$ 2,465,904 <br /> 45,696 <br /> 27,086 <br /> 140 621 <br /> 103 948 <br /> 27 922 <br /> 57 035 <br /> 10811 <br /> 20 285 <br /> 21 893 <br /> 21 829 <br /> 25 779 <br /> <br />TOTAL $3,570,055 $ 601,246 $2,968,809 <br /> <br />Passed and adopted by the City Council of the City of Elk River this <br />day of December, 1996. <br /> <br />ATTEST: <br /> <br />Henry A. Duitsman, Mayor <br /> <br />Sandra A. Thackeray, City Clerk <br /> <br /> <br />