HomeMy WebLinkAbout2020-095CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2020-095
RESOLUTION ADOPTING THE 2020 TAX LEVY COLLECTIBLE IN 2021
AND
ADOPTING THE 2021 GENERAL FUND AND EDA BUDGETS
WHEREAS, The City of Lake Elmo is required by State law to approve a resolution
setting forth an annual property tax levy to the Washington County Auditor; and
WHEREAS, Minnesota Statutes currently in force require approval of a property tax levy
and a budget in December of each year; and
WHEREAS, the City Council has received the budget documents;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake Elmo,
that the 2021 General Fund Budget shall be as follows:
2021
Adopted
General Fund Revenues:
Property Taxes
$3,824,879
Licenses and Permit
1,013,500
Intergovernmental
256,172
Charges for Services
611,050
Fines and Forfeits
35,000
Interest on Investments
77,000
Miscellaneous
246,017
Total General Fund Revenues
$6,063,618
General Fund Expenditures:
Personnel
$2,541,300
Materials and Supplies
263,686
Charges and Services
2,933,769
Capital Outlay
0
Miscellaneous
34,117
Transfers
290,746
Total General Fund Expenditures
$6,063,618
And the 2021 EDA Budget shall be as follows:
2021
Adopted
EDA Revenues:
Tenant Rents
$88,836
Transfers
30,000
Total EDA Revenues
$118,836
EDA Expenditures:
Materials and Supplies
$2,100
Charges and Services
60,040
Miscellaneous
1,000
Debt Payments and Fiscal Fees
87,288
Total EDA Expenditures
$150,428
BE IT FURTHER RESOLVED that the Public Hearing was held on Tuesday December
1, 2020 at 7:00 p.m.; and
BE IT FURTHER RESOLVED that the City Council of the City of Lake Elmo,
Washington County, Minnesota, that the following sums ofmoneybe levied in 2020, for collection
in 2021 upon the taxable property in said City of Lake Elmo for the following purposes:
2021
LEVY
'GO
2010B
207,338''
!GO
2011A
.GO
2012A
,GO
2012 B
67,313.
GO
2013A
-GO
2014A
205,117,
!GO
2015A
12,722
iGO
2016A
188,999!
GO
2017A
339,9041
IGO
2018A Equip Cert
123,848:
GO
2019A
- 293,148,,
',Total
Existing Debt Levy
�. 1,438,389
General Fund Levy $3,824,879
Total Tax Levy $ 5,263,268
M
BE IT FURTHER RESOLVED that the City Administrator is hereby authorized and
directed to transmit this information to the County Auditor of Washington County, Minnesota and
the Minnesota Department of Revenue, if applicable, in the format requested as required by law.
ADOPTED, by the Lake Elmo City Council on the 1" day of December, 2020.
arson
Mayor
ATTEST:
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