RES 16-82ver
Resolution 16-82
A Resolution of the City of Elk River Authorizing the Proposed Property Tax
Levy for Collection in 2017
WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures
for all funds in 2017; and
WHEREAS, the Elk River City Council has considered projected revenues for all funds in
2017; and
WHEREAS, revenues from sources other than property taxes are not sufficient to meet
anticipated expenditures of all funds; and
WHEREAS, the 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, Minnesota, as follows: The following amounts are to be levied as property taxes
payable in 2017:
Lew
General Fund $ 9,969,250
Library 53,650
2010A G.O. Capital Improvement Plan Bonds 368,030
Economic Development Tax Abatement 172.840
TOTAL $10,563,77
Passed and adopted this 5`h day of December, 2016.
ATTEST:
Tina Allard, City Clerk
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