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RESOLUTION NO. 8673 <br /> <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> <br /> Adopting the 2017 Property Tax Levy <br /> <br />WHEREAS, the City Council has conducted numerous meetings and has made available detailed copies <br />of the proposed 2017 Budget; and <br /> <br />WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation meeting <br />on December 5, 2016 to take comment on the proposed 2017 tax levy; and <br /> <br />WHEREAS, when the Fire Improvement Bonds of 2013 were issued, the debt service was scheduled to <br />be $98,116, however due to changes in the allocation of costs between participating cities, Mounds <br />View’s actual 2017 cost on said bonds will be $90,835. <br /> <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following <br />property tax levy for 2017 is hereby approved: <br /> <br />General Fund base levy $ 3,833,967 <br />Fire Bonds of 2013 levy 90,835 <br />PERA rate increase levy 39,145 <br />Police Referendum market value levy 205,000 <br />Total General Fund property tax levy $ 4,168,947 <br /> <br /> Street Improvement Capital Projects Fund levy $ 300,000 <br /> <br /> Total Property Tax Levy $ 4,468,947 <br /> <br />and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said <br />2017 property tax levy. <br /> <br />Said resolution was declared to have been duly passed and adopted this 12th day of December, 2016. <br /> <br /> __________________________ <br /> Joe Flaherty, Mayor <br />ATTEST: <br /> <br />__________________________ <br />Jim Ericson, City Administrator <br />(SEAL)