00-080 RESRESOLUTION 00 - 80
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY
FOR COLLECTION IN 2001
WHEREAS, the Elk River City Council has review the City's anticipated
expenditures for all funds in 2001; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2001; 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 2001:
General Fund
Street Replacement
Lake Orono
Library
Dam Loan
Development Fund
Surface Water Management
City Special Assessments
1994 Storm Sewer Bonds
2000 Certificate of Indebtedness
1999 Certificate of Indebtedness
1998 Certificate of Indebtedness
1997 Certificate of Indebtedness
HACA
Gross Levy Reduction Net Levy
$ 4,340,783 $ 520,499 $3,820,284
126,540 9,877 116,663
17,631 2,114 15,517
66,650 7,992 58,658
32,572 3,906 28,666
137,383 16,473 120,910
61,350 7,356 53,994
27,717 3,324 24,393
112,387 13,476 98,911
54,000 6,475 47,525
38,450 4,610 33,840
22,010 2,639 19,371
21,038 2,523 18,515
TOTAL $ 5,058,511 $ 601,264 $4,457,247
Passed and adopted by the City Council of the City of Elk River this 11th
day of September, 2000.
Steph~lnie Klinzing, - '
~'andra A. Peine, City Clerk