81-051 RES RESOLUTION 81-51
4 A RESOLUTION AUTHORIZING TAX
LEVIES FOR CALENDAR YEAR
1982
WHEREAS, the Elk River City Council has reviewed the City's anticipated expendi-
tures for all funds in 1982; and,
WHEREAS, the Elk River City Council has considered projected revenue for all funds
in 1982; and,
WHEREAS, Revenues from sources other than property taxes are insufficient to cover
anticipated expenditures of all funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following dollar amounts be levied as property taxes payable in 1982.
Old City of Urban Tax Rural Tax New City of
Elk River District District Elk River Total
General Fund 198,350 110,350 308,700
Library Fund 10,665 5,935 16,600
Fire Relief Fund 383 383
4,976 Improvement Fund 3,500 3,500
1977 G.O. Refunding
Bond Fund 20,800 14,600 35,400
1977 Improvement Re-
fund Bond Fund 32,000 32,000
1977 Sanitary Sewer
Bond Fund 21,330 21,330
1978 Certificate of
Indebtedness
Bond Fund 29,150 29,150
1978 Improvement Fund 7,850 7,850
1981 Improvement Fund 30,000 30,000
Dam Loan 35,000 35,000
Total 77,630 209,015 116,285 116,983 519,913
Adopted this 26th day of October, 1981.
CITY OF ELK RIVER
•TTEST: Richard Hinkle
Mayor
Robert C. Middaugh , City , •f; inistrator