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HomeMy WebLinkAboutResolution 10015 - 2024/12/09RESOLUTION NO. 10015 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA ADOPTING THE 2025 PROPERTY TAX LEVY WHEREAS, the City Council has conducted numerous meetings and has made available the proposed 2025 Budget; and WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation meeting on December 2, 2024 and at the several budget meetings to take comment on the proposed 2025 tax levy; and WHEREAS, the City Council has proposed a final overall levy increase (including both the City levy and EDA levy) of 8.53%. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following property tax levy for 2025 is hereby approved: FUND General Fund base levy Fire debt service levy (Gen'I Fund) Police MV Ref levy 2017 (Gen'I Fund) Police MV Ref levy 2004 (Gen'I Fund) Community Center Fund Vehicle & Equipment Fund Special Projects Fund Street Improvement capital levy 2017A GO Bonds levy TOTAL PROPERTY TAX LEVY CERTIFIED LEVY AMOUNT $ 5,279,172 89,640 140,000 280,000 450,000 280,000 75,000 300,000 418,288 $ 7,312,100 and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said 2025 property tax levy. Said resolution was declared to have been duly passed and adopted this 9th day of December 2024. ach -Eff-n—dl strom, M yor ATTEST: Ny Zikm d, City Administrator (SEAL)