99-066 RESRESOLUTION 99- 66
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE 1999 PROPOSED PROPERTY TAX LEVY
FOR COLLECTION IN 2000
WHEREAS, the Elk River City Council has review the City's anticipated
expenditures for all funds in 2000; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2000; and,
WHEREAS, revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following amounts are the maximum to be levied as property taxes
payable in 2000:
General Fund
Lake Orono
Library
Dam Loan
Development Fund
Surface Water Management
City Special Assessments
1989 Fire Equipment
1994 Storm Sewer Bonds
2000 Certificate of Indebtedness
1999 Certificate of Indebtedness
1998 Certificate of Indebtedness
1997 Certificate of Indebtedness
1996 Certificate of Indebtedness
TOTAL
Gross Levy
$ 3,809,355
100,000
66,650
32 572
145 900
57 5OO
28,926
72891
116073
57 500
40 000
23 150
25 283
21 794
HACA
Reduction Net Levy
$ 498,244 $3,311,111
13,080 86,920
8,717 57,933
4,260 28,312
18,965 126,035
7,521 49,979
3,783 25,143
9,534 63,357
15,182 100,891
7,521 49,979
2,851 37,149
3,307 19,843
3,028 22,255
5,232 16,562
$ 4,596,694 $ 601,225 $3,995,469
Passed and adopted by the City Council of the City of Elk River this 13th ·
day of September, 1999.
Steph~nie Klinzing,
Sandra A. Peine, City Clerk