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HomeMy WebLinkAbout2020.09.21 RESO 2020-51 Approving Preliminary BudgetRESOLUTION 2020 - 51 RESOLUTION APPROVING PRELIMINARY TAX LEVY PAYABLE IN 2021 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA, that the following sums of money be levied for the current year, payable in 2021, upon the taxable property in the City of Hugo, and certified to Washington County for collection: Fund Certified Tax Levy General Operating 101 $ 6,075,310 Park Improvements 225 $ 92,000 Fire Relief 226 $ 19,705 Equipment Purchasing 403 $ 240,000 Street Capital Improvements Program 408 $ 1,160,000 Future Lions Park Tax Abatement Bonds 414 $ 557,581 Stormwater Improvements 605 $ 278,788 Total General Levy $ 8,423,384 Improvement Bonds of 2011 (General Obligations) 317 $ 68,228 Public Works Facility CIP Bonds (General Obligations) 323 $ 424,895 Total Debt Service Levy $ 493,123 Total Certified Tax Levy $ 8,916,507 BE IT FURTHER RESOLVED that the Truth -in -Taxation public hearing be held on Monday, December 7, 2020, at 7:00 at City Hall, 14669 Fitzgerald Avenue N, Hugo, Minnesota Upon roll call, the following members voting AYE: Haas, Klein, Miron, Petryk, Weidt Upon roll call, the following members voting NAY: None Whereupon said resolution was declared passed and adopted this kWeidt, mb 2020. ayor Michele Lindau, City Clerk