Agenda Packets - 2013/12/09 - Laserfiche WebLink

Home Browse Search

RESOLUTION NO. 8177 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA Adopting the 2014 Property Tax Levy WHEREAS, the City Council has conducted numerous meetings and has made available detailed copies of the proposed 2014 Budget; and WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation meeting on November 25, 2013 to take comment on the proposed 2014 tax levy; and WHEREAS, General Obligation Improvement Bonds of 2004 were issued and require a debt service levy of $191,798; and WHEREAS, when the Fire Improvement Bonds of 2005 were issued, the debt service was scheduled to be $97,931, however due to changes in the allocation of costs between participating cities, Mounds View's actual 2014 cost on said bonds will be $101,129; and WHEREAS, when the Fire Equipment Certificates of 2011 were issued, the debt service was scheduled to be $51,043, however due to changes in the allocation of costs between participating cities, Mounds View's actual 2014 cost on said bonds will be $55,219. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following property tax levy for 2014 is hereby approved: General Fund base levy $ 3,399,719 Fire Bonds of 2005 levy 101,129 Fire Equipment Certificates of 2011 levy 55,219 PERA rate increase levy 39,145 Police Referendum market value levy 178,000 Total General Fund property tax levy $ 3.773,212 G.O. Improvement Bonds of 2004 debt service levy1$ 91,798 Street Improvement Capital Projects Fund levy $ 300,000 Total Property Tax Levy 4 and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said 2014 property tax levy. Said resolution was declared to have been duly passed and adopted this gth day of December, 2013. Joe Flaherty, Mayor ATTEST: Jim Ericson, City Administrator (SEAL)