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HomeMy WebLinkAboutResolution 9196RESOLUTION NO. 9196 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA Adopting the 2020 Property Tax Levy WHEREAS, the City Council has conducted numerous meetings and has made available detailed copies of the proposed 2020 Budget; and WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation meeting on December 2, 2019 and at the several budget meeting to take comment on the proposed 2020 tax levy; and WHEREAS, the Fire Improvement Bonds and Notes will require debt service of $171,190 due to changes in the allocation of costs between participating cities. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following property tax levy for 2020 is hereby approved: General Fund base levy $ 4,472,248 Fire bonds and notes debt service 171,190 PERA rate increase levy 39,145 Police Referendum market value levy 2017 110,000 Police Referendum market value levy 2004 220,000 Total General Fund property tax levy $ 5,012,583 Street Improvement Capital Projects Fund levy $ 150,000 2017 Capital Improvement Bonds Debt Service levy $ 416,294 Total Property Tax Levy $ 5,578 877 and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said 2020 property tax levy. Said resolution was declared to have been duly passed and adopted this 91" day of December, 2019. 441"t-( Carol A. Mueller, Mayor ATTEST; Nyle rkmu , City Administrator (SEAL)