RES 23-59City of
Elk
River
Resolution 23-S9
A Resolution of the City of Elk River Authorizing the Proposed Property Tax
Levy for Collection in 2024
WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures
for all funds in 2024; and,
WHEREAS, the Elk River City Council has considered projected revenues for all funds in
2024; 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 2024:
Levy
General Fund $ 14,917,700
Library 79,000
2020A GO CIP Bond 608,709
2021A GO CIP/Equipment Bond 392,023
Economic Development Tax Abatement 139-900
TOTAL $ 16,137332
Passed and adopted this 4' day of December 2023.
ATTEST: n
Tina Allard, City Clerk
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