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HomeMy WebLinkAbout1981-032 Council ResolutionRESOLUTION 81 -32 RESOLUTION APPROVING, ESTABLISHING AND ADOPTING THE 1981 TAX LEVY, COLLECTIBLE IN 1982. WHEREAS, the City of Lino Lakes is in need of certain funds to pay expenses, obligations and indebtedness due and anticipated in the year 1982, and WHEREAS, the City of Lino Lakes wishes to stay within the levy limitations imposed upon it by the State of Minnesota, NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Lino Lakes, Anoka County, Minnesota, hereby does levy the following sums of money for the current year, collectible in the year 1982, upon the taxable property in said City of Lino Lakes, to -wit: 1. Total amount levied in the year 1981 to be spread for taxes due and payable in the year 1982 is in the total sum of $545,183. 2. The amount above levied is in the following amounts for the following budgeted purposes: a) Special Levies as authorized by MN Statutes, Section 275.50, Subd. 5 and 6, of the 1980 Legislative session. Liability Insurance Matching Funds Programs Certificates of Indebtedness Bonds for other Gov't Unit Decrease Mobile Home Tax Tax Abatements Unfunded Liabliity PERA Shade Tree Disease Control 1981/1982 Levy Limitation 5,207 42,407 94,938 8,150 1,577 676 21,234 3,160 367,834 TOTAL 545,183 The Bond and interest Levy hereinabove is the actual amount requested to be spread upon the tax rolls and any increase for the year 1982 over that previously levied is necessary to cover a deficit in the fund in question and any decrease is determined to be in order due to surplus in such particular fund. Passed this 5th day of October, 1981 •