Laserfiche WebLink
of <br />&m <br />1e — - er- <br />' <br />Resolution 17-57 <br />A Resoiution of the City of Eik River Authorizing the Proposed Property Tax <br />Levy for Collection in 2018 <br />WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures <br />for all funds in 2018; and, <br />WHEREAS, the Elk River City Council has considered projected revenues for all funds in <br />2018; 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 the maximum to be levied as <br />property taxes payable in 2018: <br />General Fund $ 10,557,000 <br />Library 54,000 <br />2010A G.O. Capital Improvement Plan Bonds 369,500 <br />Economic Development Tax Abatement 142,530 <br />TOTAL $ 11 <br />Passed and adopted this 18`'' day of September 2017. <br />ATTEST: <br />Zr <br />Tina Allard, City Clerk <br />aci <br />Jo <br />IJ-iz, M yor <br />F©11FRII 61 <br />