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CITY OF LINO LAKES <br /> RESOLUTION NO. 23-131 <br /> ADOPTING THE FINAL 2024 BUDGET AND TAX LEVY <br /> WHEREAS, the City of Lino Lakes has developed a 2024 budget and resulting tax levy for <br /> taxes payable 2024, and <br /> WHEREAS, after holding budget work sessions, the City Council adopted a preliminary <br /> 2024 budget and tax levy on September 25, 2023, and certified such levy to the County Auditor, <br /> and <br /> WHEREAS, the City Council has continued to meet and refine the 2024 budget and tax <br /> levy, and <br /> WHEREAS, Minnesota State Statutes require the final adopted tax levy be certified to the <br /> County Auditor on or before five working days after December 20. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that <br /> $14,120,928 be levied and spread for taxes payable 2024. The amount levied is for the following <br /> purposes: <br /> Operating Levy $ 12,833,204 <br /> Debt Levy <br /> G.O. Bond 2015A 274,589 <br /> EDA Lease Revenue Bond 2015 319,765 <br /> G.O. Bond 2018A 485,475 <br /> G.O. Bond 2021A 207,895 <br /> $1,287,724 <br /> BE IT FURTHER RESOLVED that a 2024 budget for the following funds be adopted as <br /> presented. <br /> Fund Revenues Expenditures <br /> General Fund $13,168,968 $13,168,968 <br /> Rookery Activity Center $1,961,920 $1,950,654 <br /> Water Fund $2,284,343 $2,060,890 <br /> Sewer Fund $2,398,265 $2,398,265 <br /> Storm Water Fund $549,470 $549,470 <br />