RES 14-55 Resolution D 4 0 55
River
A € esolutron of the City of F�k ffiverr Authoruzing the Proposed Property
Tax Levy for Collection on 2015
WHEREAS, the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2015; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2015; 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, RE 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 2015:
Levy
General Fund $ 9,455,400
Library 63,100
City Special Assessments 4,221
2010A G.O. Capital Improvement Plan Bonds 372,886
Economic Development Tax Abatement 160,511
TOTAL $ 10,056,118
Passed and adopted by the City Council of the City of Elk River this 15th
day of September, 2014.
J J. ie or
ATTEST;
Tina Allard, City Clerk
r 9W RED IT
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