HomeMy WebLinkAboutResolution 8673 RESOLUTION NO. 8673
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Adopting the 2017 Property Tax Levy
WHEREAS, the City Council has conducted numerous meetings and has made available detailed
copies of the proposed 2017 Budget; and
WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation
meeting on December 5, 2016 to take comment on the proposed 2017 tax levy; and
WHEREAS, when the Fire Improvement Bonds of 2013 were issued, the debt service was scheduled to
be $98,116, however due to changes in the allocation of costs between participating cities, Mounds
View's actual 2017 cost on said bonds will be $90,835.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the
following property tax levy for 2017 is hereby approved:
General Fund base levy $ 3,833,967
Fire Bonds of 2013 levy 90,835
PERA rate increase levy 39,145
Police Referendum market value levy 205,000
Total General Fund property tax levy $ 4,168,947
Street Improvement Capital Projects Fund levy $ 300,000
Total Property Tax Levy $ 4.468,947
and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of
said 2017 property tax levy.
Said resolution was declared to have been duly passed and adopted this 12th day of December, 2016.
oe Flaherty; ayor
ATTEST:
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James Ericson, City Administrator
(SEAL)