RES 12-46RESOLUTION 12 - 46
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY
FOR COLLECTION IN 2013
WHEREAS, the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2013; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2013; and,
WHEREAS, revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds; and,
WHEREAS, 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 2013:
Levy
General Fund
$ 9,303,135
• Library
63,100
Surface Water Management
50,000
City Special Assessments
6,942
2005 Improvement Bonds
86,500
2012B G.O. Imporvement Refunding Bonds
185,569
2010A G.O. Capital Improvement Plan Bonds
364,486
Economic Development Tax Abatement
216,083
TOTAL
$10,275,815
Passed and adopted by the City Council of the City of Elk River this 4th
day of September, 2012.
Joh J. Die , Mayor L)
ATTE T:
Tina Allard, City Clerk
is