HomeMy WebLinkAboutResolution 8330 RESOLUTION NO. 8330
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Adopting the 2015 Property Tax Levy
WHEREAS,the City Council has conducted numerous meetings and has made available detailed copies of
the proposed 2015 Budget; and
WHEREAS,the City Council provided the public an opportunity to speak at the Truth in Taxation meeting on
December 1, 2014 to take comment on the proposed 2015 tax levy; and
WHEREAS,when the Fire Improvement Bonds of 2005 were issued,the debt service was scheduled to be
$98,088, however due to changes in the allocation of costs between participating cities, Mounds View's
actual 2015 cost on said bonds will be $101,704; and
WHEREAS,when the Fire Equipment Certificates of 2011 were issued, the debt service was scheduled to
be$52,138, however due to changes in the allocation of costs between participating cities, Mounds View's
actual 2015 cost on said bonds will be $56,635.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following
property tax levy for 2015 is hereby approved:
General Fund base levy $ 3,665,826
Fire Bonds of 2005 levy 101,704
Fire Equipment Certificates of 2011 levy 56,635
PERA rate increase levy 39,145
Police Referendum market value levy 187,000
Total General Fund property tax levy $ 4,050,310
Street Improvement Capital Projects Fund levy $ 300,000
Total Property Tax Levy $ 4,350,310
and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said
2015 property tax levy.
Said resolution was declared to have been duly passe• a d adopted this 8th day of December, 2014.
ATTEST:
oe Flaherty, Mayor
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James Ericson, City Administrator
(SEAL)