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CITY OF LAKE ELMO - BUDGET INFORMATION - 1989 SUPPLEMENT <br />. 1984 <br />GENERAL TAX LEVY LIMIT $ 321,224 <br />SPECIAL LEVIES <br />G.O. Park Bond 80,000 <br />Equipment.Certificate 33,574 <br />G.O. - Sealcogting 67,000 <br />Public Works <br />Total City. Levy $ 501,798 <br />io Increase (Decrease) 31.53'/ <br />LAKE ELMO MILL RATE. 15.279 <br />'/ Increase (Decrease) 30.76% <br />ASSESSED VALUATION $33,544,209 <br />. . . ., .n.o.c. <br />$ 337,948 <br />80,000 <br />36,225 <br />69,000 <br />5 573 - 171 <br />4.26'/ <br />14.451 <br />(5.42%) <br />$33,890,231 <br />i-no-c <br />$ 360,328 <br />- I I .yno� - inoo Inon <br />$ 388,182 $ 478,581(1) $ 460,132 <br />75,000 <br />75,000 <br />75,000 <br />38,404 <br />-0- <br />-0- <br />-0- <br />-0- <br />-0- <br />79,872 <br />$ 47.3,732 <br />$ 543,054 <br />$ 553,581 <br />(9.45°0) <br />14.63% <br />1.94% <br />12.47 <br />14.299 <br />13.9 <br />(13.71%) <br />14.68% <br />(2.79'/) <br />$35,124,032 <br />$38,521,828 <br />$39,681,338 <br />(1) In 1988 we did not tax the full levy limit (the levy limit was $482,981) <br />75,000 <br />50,000(2) <br />-0-- <br />$ 585,132 <br />5.7% <br />14.3 (3) <br />2.88 <br />$40,681,338(4) <br />(2) <br />This is assuming <br />we bond for Fire Dept. Personnel Transport <br />$ 23,000 in1.1988 Budget <br />Maint. Dept. 1-ton <br />27,000 in 1989 Cap. Imp, plan <br />If we do not get <br />an Equipment Certificate for <br />T 5b,66b our mill rate would be <br />approximately <br />13.1 and will actually decrease from our 13.9 <br />in 1988. <br />(3) <br />This is just an <br />estimate.based on valuation (4) <br />(4) <br />Estimated at an <br />increase of $1 million, which I think is low <br />but reasonable. <br />