HomeMy WebLinkAboutResolution 8029 RESOLUTION NO. 8029
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Adopting the 2013 Property Tax Levy
WHEREAS, the City Council has conducted numerous meetings and has made available detailed
copies of the proposed 2013 Budget; and
WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation
council meeting on December 3, 2012 to take comment on the proposed 2013 tax levy; and
WHEREAS, General Obligation Improvement Bonds of 2004 were issued and require a debt service
levy of$190,800 and Fire Equipment Certificates of 2011 were issued and require a debt service levy of
$51,130 to be collected in 2013; and
WHEREAS, when the Fire Improvement Bonds of 2005 were issued, the debt service was
scheduled to be $97,680, however due to changes in the allocation of costs between participating cities,
Mounds View's actual 2013 cost on said bonds will be $93,497; and
WHEREAS, when the Fire Equipment Certificates of 2011 were issued, the debt service was
scheduled to be $51,387, however due to changes in the allocation of costs between participation cities,
Mounds View's actual 2013 cost on said bonds will be $51,130.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the
following property tax levy for 2013 is hereby approved:
General Fund base levy $ 3,325,809
Fire Bonds of 2005 levy 93,497
Fire Equipment Certificates of 2011 levy 51,130
PERA rate increase levy 39,145
Police Referendum market value levy 181.000
Total General Fund property tax levy $3,690,581
G.O. Improvement Bonds of 2004 debt service levy $ 190,800
Street Improvement Capital Projects Fund levy $ 300,000
Total Property Tax Levy $4,181,381
and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said
2013 property tax levy.
Said resolution was declared to have been duly passed and adopted this 10th day of December, 2012.
)oe Flaherty, Mayor
James Ericson, City Administrator
(SEAL)