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CITY OF LINO LAKES RESOLUTION NO. 22-144 ADOPTING THE FINAL 2022 TAX LEVY, COLLECTIBLE IN 2023 WHEREAS,the City of Lino Lakes has budgeted to pay expenditures for operating costs anticipated in the year 2023, and WHEREAS, the City of Lino Lakes has budgeted to pay the annual debt service on outstanding indebtedness, and WHEREAS,the City Council adopted its preliminary 2022 tax levy, collectible in 2023, in anticipation of the above expenses, and WHEREAS,the City Council has published in the official newspaper all notices required by Minnesota State Statutes and the City Charter, and WHEREAS,the City Council held its public hearing on December 12, 2022. NOW,THEREFORE BE IT RESOLVED that The City Council of The City of Lino Lakes, approves its final 2022 tax levy, collectible in 2023, upon taxable property within the City of Lino Lakes as follows: 1. Total amount levied in the year 2022 to be spread for taxes due and payable in the year 2023 is $12,893,915. 2. The total amount levied above is for the following purposes: Operating Levy $11,319,531 Bonded Indebtedness G.O. Bond 2012A 176,109 G.O. Bond 2015A 273,959 EDA Lease/Revenue Bond 2015 320,815 G.O. Bond 2018A 485,737 G.O. Bond 2021A 211,465 Equipment Certificates 2020 106,299 Total Bonded Indebtedness: $1,574,384 TOTAL LEVIES $12,893,915 Adopted by the Council of the City of Lino Lakes this 12th day of December, 2022. The motion for the adoption of the foregoing resolution was introduced by Council Member 4' -tn and was duly seconded by Council Member tZUh\QnC, and upon vote being taken thereon, the following voted in favor thereof: FZCXc-FePJ, Cain, lyden , The following voted against same: {•,tile.