96-111 RESRESOLUTION 96.111
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE FINAL TAX LEVY
FOR CALENDAR YEAR 1997
WHEREAS, the Elk River City Council has review the City's anticipated
expenditures for all funds in 1997; and,
WHEREAS, The Elk River City Council has considered projected revenues for
all funds in 1997; and,
WHEREAS, revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the General Fund Budget in the amount of $4,535,850 is hereby adopted.
BE IT FURTHER RESOLVED by the City Council of the City of Elk River that the
following amounts are to be levied as property taxes payable in 1997
General Fund
Library
Dam Loan
Surface Water Management
Development Fund
City Special Assessments
1989 Fire Equipment
1993 Certificate of Indebtedness
1994 Certificate of Indebtedness
1995 Certificate of Indebtedness
1996 Certificate of Indebtedness
1997 Certificate of Indebtedness
HACA
Gross Levy Reduction Net Lev),
$2,939,800 $ 498,664 $2,441,136
54,950 9,321 45 629
32,572 5,525 27 047
169,100 28,684 140 416
125,000 21,203 103 797
33,577 5,696 27 881
68,586 11,634 56 952
13,000 2,205 10 795
24,393 4,138 20 255
26,327 4,466 21 861
26,250 4,453 21 797
31,000 5,258 25 742
TOTAL $3,544,555 $ 601,246 $2,943,309
Passed and adopted by the City Council of the City of Elk River this 16th
day of December, 1996.
Rogc~4'lolmgre~,
Sandra A.---TThackeray, City Clerk