03-054 RESRESOLUTION 03 - 54
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY
FOR COLLECTION IN 2004
WHEREAS, the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2004; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2004; and,
WHEREAS,
WHEREAS,
revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds; and,
debt levies have been adjusted or cancelled based on revenue
collections and projections.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following amounts are the maximum to be levied as property taxes
payable in 2004:
General Fund
Street Replacement
Library
Surface Water Management
City Special Assessments
1994 Storm Sewer Bonds
2003 Improvement Bonds
2004 Certificate of Indebtedness
2003 Certificate of Indebtedness
2000 Certificate of Indebtedness
PERA Employer Rate Increase
Public Safety Lease Revenue Bonds
Economic Development Tax Abatement
TOTAL
Levy
$5,117,598
69 000
175 000
25 164
116 230
100 000
140 000
129 203
38 826
11675
638.263
3,844
$6,564,803
Passed and adopted by the City Council of the City of Elk River this ~""
day of September, 2003.
ATTEST. h .