Loading...
HomeMy Public PortalAbout2021-81 Resolution Approving 2022 Final Tax LevyMember Reid introduced the following resolution and moved its adoption. CITY OF MEDINA RESOLUTION NO. 2021-81 RESOLUTION APPROVING 2022 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 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 (of which $145,771 will be allocated to reserves), $408,497 as adequate revenue for debt service, $312,500 for capital equipment and $112,000 for municipal parks. General Fund: $4,147,600 Debt Service: 2012A G.O. Capital Improvement Plan Bonds $ 216,615 2013A G.O. Refunding Bond $ 132,479 2015A G.O. Improvement Bond $ 59,403 Municipal Parks $ 112,000 Capital Equipment $ 312,500 Total Levy: $4,980,597 The City Administrator -Deputy Clerk, Scott T. Johnson, is hereby instructed to transmit a certified copy of this resolution to the county auditor of Hennepin County, Minnesota. Dated: December 7, 2021. Kathleen Martin, Mayor Attest: ilf. 4-VZ16/ Scott T. Johnson, City Administrator -Deputy Clerk The motion for the adoption of the foregoing resolution was duly seconded by member _DesLauriers_ and upon vote being taken thereon, the following voted in favor thereof: Reid, DesLauriers, Albers, Cavanaugh, Martin And the following voted against same: Resolution No. 2021-81 December 7, 2021 Whereupon said resolution was declared duly passed and adopted. Resolution No. 2021-81 December 7, 2021