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HomeMy Public PortalAbout2011-077 Resolution Approving Proposed Tax Levy of 2012Member Weir introduced the following resolution and moved its adoption: CITY OF MEDINA RESOLUTION NO.2011-77 RESOLUTION APPROVING PROPOSED TAX LEVY FOR 2012 WHEREAS, the State of Minnesota has adopted Truth in Taxation 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 15, 2011; 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 2012 upon the taxable property in the City of Medina, for the following purposes: To raise $2,681,335 as adequate revenue for the general fund operating budget and $316,368 as adequate revenue for debt service. General Fund: $2,681,335 Debt Service Equipment: $ 129,150 Debt Service Roads: $ 187,218 Total Levy: $2,997,703 BE IT FURTHER RESOLVED, that the City Administrator, Scott T. Johnson, is hereby instructed to transmit a certified copy of this resolution to the county auditor of Hennepin County, Minnesota. Date: September 6, 2011. ATTEST: J Scott T. Johnson, City Administrator -Clerk . `')/11 L T.M. Crosby, Jr., Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Siitari and upon vote being taken thereon, the following voted in favor thereof: Crosby, Martinson, Pederson, Siitari, Weir And the following voted against same: None Whereupon said resolution was declared duly passed and adopted. Resolution No. 2011-77 September 6, 2011