02-110 RESWHEREAS,
WHEREAS,
WHEREAS,
NOW, THEREFORE,
RESOLUTION 02 - '1'10
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
FOR COLLECTION IN 2003
the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2003; and,
the Elk River City Council has considered projected revenues for
all funds in 2003; and,
revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
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 2003:
General Fund
Street Replacement
Library
Surface Water Management
City Special Assessments
1994 Storm Sewer Bonds
2003 Certificate of Indebtedness
2000 Certificate of Indebtedness
1999 Certificate of Indebtedness
PERA Employer Rate Increase
Public Safety Lease Revenue Bonds
Economic Development Tax Abatement
TOTAL
Levy
$4,580,083
150,000
69,000
175,000
25,298
115,233
140,000
41,088
35,032
9,713
634,000
5,714
$5,980,161
Passed and adopted by the City Council of the City of Elk River this 9th
day of December, 2002.
S~nc~ra A. Peine, City Cler~
Dan Tveite, Vice Mayor
,f / /ldmin/ Re,~du/ions/ 2OO2/ Ta~¥l.e!y