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RESOLUTION 98-]./+ 0
<br />
<br />A RESOLUTION FOR THE CITY OF ELK RIVER
<br />
<br />A RESOLUTION AUTHORIZING THE 1998 PROPERTY TAX LEVY
<br /> FOR COLLECTION IN 1999
<br />
<br />WHEREAS, the Elk River City Council has review the City's anticipated
<br /> revenues and expenditures for all funds in 1999; and,
<br />
<br />WHEREAS,
<br />
<br />revenues from sources other than property taxes are not sufficient
<br />to meet anticipated expenditures of all funds; and,
<br />
<br />WHEREAS,
<br />
<br />the Elk River City Council has received public input and comment
<br />on the Tax Levy and Budget.
<br />
<br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
<br />
<br />the following amounts are to be levied as property taxes
<br />payable in 1999:
<br />
<br />General Fund
<br />Lake Orono
<br />Library
<br />Dam Loan
<br />Development Fund
<br />Surface Water Management
<br />City Special Assessments
<br />1989 Fire Equipment
<br />1994 Storm Sewer Bonds
<br />1995 Certificate of Indebtedness
<br />1996 Certificate of Indebtedness
<br />1997 Certificate of Indebtedness
<br />1998 Certificate of Indebtedness
<br />1999 Certificate of Indebtedness
<br />
<br />TOTAL
<br />
<br /> HACA
<br />Gross Lev)/ Reduction Net Levy
<br />
<br />$ 3,489,800 $ 495,862 $2,993,938
<br />100,000 14,209 85,791
<br />62,500 8,881 53,619
<br />32,572 4,628 27,944
<br />135,000 19,182 115,818
<br />59,500 8,454 51,046
<br />17,868 2,539 15,329
<br />71,862 10,211 61,651
<br />114,225 16,230 97,995
<br />23,631 3,358 20,273
<br />22,857 3,248 19,609
<br />28,978 4,117 24,861
<br />31,500 4,476 27,024
<br />40,000 5,684 34,316
<br />
<br />$ 4,230,293 $ 601,079 $3,629,214
<br />
<br />Passed and adopted by the City Council of the City of Elk River this 21 st
<br />
<br />day of December, 1998.
<br />
<br />ATTESt: ,
<br />
<br />//¢-I~nry 7Duitsman, Mayor
<br />
<br />
<br />
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