RES 14-75city of
Elk ve r� - _
Resolution 14 ®75
A Reso0ution of the City of X11¢ Inver Auth,orfixing the Proposed Property
Tax Leer for Collectncn in 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, 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 2015:
L- Q:Y
General Fund $ 9,420,700
Library 63,100
City Special Assessments 4,221
2010A G.0. Capital Improvement Plan Bonds 372,886
Economic Development Tax Abatement 156,450
TOTAL $ 10,017,357
Passed and adopted by the City Council of the City of Elk River this 1st
day of December, 2014. _ (Nsl- �
JohAJ' Dietz, May
ATTES Tom. (V
Tina Allard, City Clerk
P0WEREI I
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