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<br />e <br /> <br />RESOLUTION 95- 60 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE PROPOSED MAXIMUM TAX LEVY <br />FOR CALENDAR YEAR 1996 <br /> <br />WHEREAS, the Elk River City Council has review the City's anticipated <br />expenditures for all funds in 1996; and, <br /> <br />WHEREAS, The Elk River City Council has considered projected revenues for <br />all funds in 1996; 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- proposed General fund Budget in the amount of $ 4 , 094 , 750 <br />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 the maximum to be levied as property taxes <br />payable in 1996. <br /> <br />e <br /> <br />General Fund <br />Library <br />Dam Loan <br />SWM <br />City Special Assessments <br />1989 Fire Equipment <br />1992 Certificate of Indebtedness <br />1993 Certificate of Indebtedness <br />1994 Certificate of Indebtedness <br />1995 Certificate of Indebtedness <br />1996 Certificate of Indebtedness <br /> <br />Gross Levy <br />$ 2,619,859 <br />50,600 <br />32,572 <br />241.401 <br />34,261 <br />71,973 <br />10,000 <br />21,368 <br />25.535 <br />26.250 <br />30,000 <br /> <br />TOTAL <br /> <br />HACA <br />Reduction <br />$ 491.358 <br />9.490 <br />6.109 <br />45,275 <br />6,426 <br />13,499 <br />1.876 <br />4,008 <br />4,789 <br />4.923 <br />5,627 <br /> <br />Net Levy <br />$ 2.128.501 <br />41,110 <br />26.463 <br />1 96. 126 <br />27,835 <br />58.474 <br />8,124 <br />17.360 <br />20.746 <br />21.327 <br />24,373 <br /> <br />$ 3,163.819 $ 593.380 $ 2.570,439 <br /> <br />Passed and adopted by the City Council of the City of Elk Riverthis fifth <br />day of September, 1995. <br /> <br /> <br />e <br />