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<br />.
<br />
<br />RESOLUTION 95..89
<br />
<br />A RESOLUTION FOR THE CITY OF ELK RIVER
<br />
<br />A RESOLUTION AUTHORIZING THE PROPOSED TAX LEVY FOR
<br />CALENDAR \'EAR 1996
<br />
<br />WHEREAS,
<br />
<br />the Elk River City Council has reviewed the City's anticipated
<br />expenditures for all funds in 1996; and,
<br />
<br />WHEREAS,
<br />
<br />the Elk River City Council has considered projected revenues for
<br />all funds in 1996; and,
<br />
<br />WHEREAS,
<br />
<br />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
<br />River that the proposed General Fund Budget in the amount of
<br />$4,094,750 is hereby adopted.
<br />
<br />BE IT FURTHER RESOLVED by the City Council of the City of Elk River that
<br />the following amounts be levied as property taxes payable in 1996.
<br />
<br />e
<br />
<br />General Fund
<br />Library
<br />Dam Loan
<br />Surface Water Management
<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 In debtedness
<br />TOTAL
<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 />$3,163,819
<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 />$593,380
<br />
<br />Net LeVY
<br />$2,128,501
<br />41,110
<br />26,463
<br />196,126
<br />27.835
<br />58,474
<br />8,124
<br />17,360
<br />20,746
<br />21,327
<br />24.373
<br />$2,570,439
<br />
<br />Passed and adopted by the City Council of the City of Elk River this 18th day of
<br />December, 1995.
<br />
<br />
<br />Qff~.1
<br />en y A. Duitsman, Mayor
<br />It
<br />
<br />
<br />
<br />e Sandra A. Thackeray, City Clerk
<br />
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