RES 21-93Resolution 21-93
A Resolution of the City of Elk River Authorizing the Proposed Property Tax
Levy for Collection in 2022
WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures
for all funds in 2022; and,
WHEREAS, the Elk River City Council has considered projected revenues for all funds in
2022; 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 2022:
Le%��
General Fund $ 13,109,300
Library 75,950
2020B G.O. CIP Refunding Bonds 602,650
Economic Development Tax Abatement 97,800
TOTAL $ 13.885.700
Passed and adopted this 6' day of December 2021.
ATTEST:
Tina Allard, City Clerk
Jo J. tz, or
FO1E8E1 0Y
NATURE