HomeMy Public PortalAbout2021-56 Resolution Approving Proposed Tax Levy For 2022Member DesLauriers introduced the following resolution and moved its adoption:
CITY OF MEDINA
RESOLUTION NO. 2021-56
RESOLUTION APPROVING PROPOSED TAX LEVY FOR 2022
WHEREAS, the State of Minnesota has adopted legislation, which requires all
municipalities to pass a resolution adopting a preliminary budget and certifying the total proposed
tax levy amount to the County Auditor prior to September 30, 2021; and
WHEREAS, it is the desire of the City of Medina, Minnesota, to comply with this law and
submit a proposed property tax levy including general operating and debt levies; and
NOW THEREFORE, BE IT RESOLVED, by the city council of the City of Medina,
County of Hennepin, Minnesota, that the following sums of money be proposed for 2022 upon the
taxable property in the City of Medina, for the following purposes: To raise $4,147,600 as adequate
revenue for the general fund operating budget, $408,497 as adequate revenue for debt service,
$312,500 for capital equipment and $112,000 for municipal park fund.
General Fund $4,147,600
Capital Equipment $ 312,500
Municipal Park Fund $ 112,000
Debt Service:
2012A G.O. CIP Bonds $ 216,615
2013A G.O. Refunding Bonds $ 132,479
2015A G.O. Improvement Bonds $ 59,403
Total Levy:
$4,980,597
BE IT FURTHER RESOLVED, that the City Clerk, Jodi Gallup, is hereby instructed to transmit
a certified copy of this resolution to the county auditor of Hennepin County, Minnesota.
Date: September 7, 2021.
Kathleen Martin, Mayor
ATTEST:
M. Gallup, City Clerk
Resolution No. 2021-56
September 7, 2021
The motion for the adoption of the foregoing resolution was duly seconded by member Martin
and upon vote being taken thereon, the following voted in favor thereof:
Albers, Cavanaugh, DesLauriers, Martin, Reid
And the following voted against same:
None
Whereupon said resolution was declared duly passed and adopted.
Resolution No. 2021-56 2
September 7, 2021