97-129 RESRESOLUTION 97- t29
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE FINAL TAX LEVY
FOR CALENDAR YEAR 1998
WHEREAS, the Elk River City Council has review the City's anticipated
expenditures for all funds in 1998; and,
WHEREAS, The Elk River City Council has considered projected revenues for
all funds in 1998; and,
WHEREAS, revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
NOW, THEREFORE, BE RESOLVED by the City Council of the City of Elk River that the
following amounts are to be levied as property taxes payable in 1998
General Fund
Infrastructure/Capital Improvements
Ubrary
Dam Loan
Development Fund
Surface Water Management
Matching Grants
1994 Storm Sewer Bonds
City Special Assessments
1989 Fire Equipment
1994 Certificate of Indebtedness
1995 Certificate of Indebtedness
1996 Certificate of Indebtedness
1997 Certificate of Indebtedness
1998 Certificate of Indebtedness
HACA
Gross Levy Reduction N~ Levy
$ 3,081,104 497,911 $ 2,583,193
100,000 100,000
54,950 8,469 46,481
32,572 5,020 27,552
125,000 19,265 105,735
51,473 7,933 43,540
58,432 9,005 49,427
117,627 18,129 99,498
24,682 3,804 20,878
70,424 10,854 59,570
23,124 3,564 19,560
24,694 3,806 20,888
20,739 3,196 17,543
32,673 5,035 27,638
35,000 5,394 29,606
TOTAL $3,852,494 $ 601,385 $3,251,109
Passed and adopted by the City Council of the City of Elk River this 15th
day of December, 1997.
~;an~ira A. Thackeray, City Cl6rk