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HomeMy Public PortalAbout2023-113 Resolution Approving 2024 Final Levy Resolution No. 2023-113 December 5, 2023 Member DesLauriers introduced the following resolution and moved its adoption. CITY OF MEDINA RESOLUTION NO. 2023-113 RESOLUTION APPROVING 2024 FINAL TAX LEVY BE IT RESOLVED, by the city council of the City of Medina, County of Hennepin, Minnesota, that the following sums of money be levied for the current year, collectible in 2024, upon the taxable property in the City of Medina, for the following purposes: To raise $5,045,897 as adequate revenue for the general fund operating budget (of which $100,000 will be transferred to future fire facility), $423,247 as adequate revenue for debt service, $462,500 for capital equipment, $61,000 for road fund and $112,000 for municipal parks. General Fund: $5,045,897 Debt Service: 2012A G.O. Capital Improvement Plan Bonds $ 362,943 2015A G.O. Improvement Bond $ 60,304 Municipal Parks $ 112,000 Road Fund $ 61,000 Capital Equipment $ 462,500 Total Levy: $6,104,644 The City Clerk, Caitlyn Walker, is hereby instructed to transmit a certified copy of this resolution to the county auditor of Hennepin County, Minnesota. Dated: December 5, 2023. ____________________________________ Kathleen Martin, Mayor ATTEST: ___________________________________ Caitlyn Walker, City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Cavanaugh upon vote being taken thereon, the following voted in favor thereof: Albers, Cavanaugh, DesLauriers, Martin, Reid Resolution No. 2023-113 December 5, 2023 And the following voted against same: None Whereupon said resolution was declared duly passed and adopted.