RES 20-95Of
WWI
Resolution 20 - 95
A Resolution of the City of Elk River Authorizing the Proposed Property Tax
Levy for Collection in 2021
WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures
for all funds in 2021; and,
WHEREAS, the Elk River City Council has considered projected revenues for all funds in
2021; 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, Minnesota, as follows: The following amounts are to be levied as property taxes
payable in 2021:
Levy
General Fund $ 12,315,000
Library 71,500
2010A G.O. Capital Improvement Plan Bonds 618,870
Economic Development Tax Abatement 98,450
TOTAL $ 1 .103.820
Passed and adopted this 7r' day of December 2020.
Wirnij-Dietz,,�Ia3or
ATTL 'T:
Jes -ic l 'filler, DeputykUty Clerk
P 0 N E R E 0 R I
NATURE