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HomeMy WebLinkAboutResolution 5062 . . . RESOLUTION NO. 5062 ADOPTING THE 1997 PROPERTY TAX LEVY AND GENERAL FUND BlJDGET CITY OF MOUNDS VIEW County of Ramsey State of Minnesota Councilor introduced the following resolution and moved its adoption: WHEREAS, the City Council conducted numerous meetings and published summary information on the proposed 1997 Budget in the City newsletter; and WHEREAS, the City Council held a public hearing in accordance with the State of Minnesota Truth In Taxation requirements on the proposed 1997 Budget on December 4, 1996; and WHEREAS, when the 1991 Fire Improvement Bonds of 1991 were issued, the City's 1997 debt service payment was scheduled to be $102.725, however, duc to changes in the allocation of costs between participating cities, Mounds View's actual 1997 debt service cost on said bonds will be $90,750. NOW THEREFORE, BE IT RESOLVED by thc City Council of the City of Mounds View that the following appropriations for the calendar year 1997 are hereby approved: GENERAL FUND: City Council Advisory Commissions Administrative services Finance Legal Community Development Police Fire Streets Fleet management Recreation Parks Forestry Social services Contingency Transfer To Other funds Bel Rae, net operations Fitness Program Amount $ 65,734 5.276 421,731 171 J 07 76.000 271,294 1,256,849 185,239 326,726 129,591 121 ,815 294,1 57 52,652 14,320 50,000 63.351 50,000 4.200 Total General Fund $3.521.691 . . . DEBT SERVICE FUND: Fire Bonds of 1991 $90.750 BE IT FURTHER RESOLVED. that following property tax levy for 1997 is hereby approved: General Fund $1,552,704 Fire Improvement Bonds of 1991 90.750 Total 1997 property tax levy $1.643.454 and the City Clerk-Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said 1997 property tax levy. The motion for the adoption ofthe foregoing resolution was duly seconded by Councilor and the roll being call. the following vote was recorded: V oting Aye: Voting Nay: Not Voting: Whereas said resol ution was declared to have been duly passed and adopted this 16th day of December, 1996. ATTEST: (SEAL) C;Z~ // --- CJJ1!~