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RESOLUTION 96.111 <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 $4,535,850 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 />General Fund <br />Library <br />Dam Loan <br />Surface Water Management <br />Development Fund <br />City Special Assessments <br />1989 Fire Equipment <br />1993 Certificate of Indebtedness <br />1994 Certificate of Indebtedness <br />1995 Certificate of Indebtedness <br />1996 Certificate of Indebtedness <br />1997 Certificate of Indebtedness <br /> <br /> HACA <br />Gross Levy Reduction Net Lev), <br />$2,939,800 $ 498,664 $2,441,136 <br />54,950 9,321 45 629 <br />32,572 5,525 27 047 <br />169,100 28,684 140 416 <br />125,000 21,203 103 797 <br />33,577 5,696 27 881 <br />68,586 11,634 56 952 <br />13,000 2,205 10 795 <br />24,393 4,138 20 255 <br />26,327 4,466 21 861 <br />26,250 4,453 21 797 <br />31,000 5,258 25 742 <br /> <br />TOTAL $3,544,555 $ 601,246 $2,943,309 <br /> <br />Passed and adopted by the City Council of the City of Elk River this 16th <br />day of December, 1996. <br /> <br />Rogc~4'lolmgre~, <br /> <br />Sandra A.---TThackeray, City Clerk <br /> <br /> <br />