HomeMy WebLinkAboutResolution 9980RESOLUTION NO. 9980
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Resolution Approving the Preliminary Property Tax Levy for Fiscal Year 2025
and Setting the Public Hearing Date
WHEREAS, state statute requires cities to certify a preliminary tax levy to the county auditor; and
WHEREAS, guidelines established by the Commissioner of Revenue require certification to occur
on or before September 30, 2024; and
WHEREAS, the City Council has elected to have a preliminary City levy (not including the EDA levy)
increase of 9.13% and;
WHEREAS, a referendum levy passed in 2004 for two additional police officers is set at $280,000
and a referendum levy passed in 2017 for one police officer is set at $140,000; and
WHEREAS, the debt service tax levies have been adjusted or cancelled based on the City's review
of its debt service levy requirements and the City will levy $507,928 (a reduction of $3.20 from the debt levy
schedule); and
WHEREAS, the street levy is increasing by $150,000 to $300,000 to meet the demands of continuing
to improve and maintain the streets.
NOW THEREFORE, BE IT RESOLVED that the proposed sums of money be levied for collection in
2025 upon the taxable property in said City of Mounds View for the following purposes:
2024
2025
Increase/
%
Levy
Levy
Decrease
Change
General Levy
5,744,565
6,176,296
431,731
7.52%
Referendum Levy
385,000
420,000
35,000
9.09%
Fire Debt
88,910
89,640
730
0.82%
GO Debt
416,293
418,288
1,995
0.48%
Capital (Streets)
150,000
300,000
150,000
100.00%
6,784,768
7,404,224
619,456
9.13%
BE IT FURTHER RESOLVED that the Truth -In -Taxation meeting will be held on December 2, 2024
at 6:00 pm with a continuation meeting to be held on December 9, 2024 at 6:00 pm if needed.
BE IT FURTHER RESOLVED that the Finance Director shall certify these amounts to the Ramsey
County Auditor.
Adopted this 9th Day of September 2024. �,--
(ATTEST)
(SEAL)
00
ach Lindstrom, Mayor
J,
Nyl ikm nd, 6ity Administrator
The Mounds View Vision
A Thriving Desirable Community