99-094 RESRESOLUTION 99 - 9/~
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE 1999 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,
revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
WHEREAS, the Elk River City Council has received publci input and comment
on the Tax Levy and Budget.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following amounts are to be levied as property taxes payable in 2000:
General Fund
Lake Crone
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
HACA
Gross Levy Reduction Net Levy
3,809,355 $ 498,244 $3,311,111
100,000 13,080 86,920
66,650 8,717 57,933
32,572 4,260 28,312
145,000 18,965 126,035
57,500 7,521 49,979
28,926 3,783 25,143
72,891 9,534 63,357
116,073 15,182 100,891
57,500 7,521 49,979
40,000 2,851 37,149
23,150 3,307 19,843
25,283 3,028 22,255
21,794 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 December, 1999. :; 1/~/~lv~-,~
~nie Klinzing, Ma~f~../ '
'Sandra A. Peine, City Clerk