HomeMy Public PortalAbout2012-54 Resolution Approving Proposed Tax Levy for 2013Member Siitari introduced the following resolution and moved its adoption:
CITY OF MEDINA
RESOLUTION NO.2012-54
RESOLUTION APPROVING PROPOSED TAX LEVY FOR 2013
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 15, 2012; 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 2013 upon the taxable
property in the City of Medina, for the following purposes: To raise $2,726,118 as adequate
revenue for the general fund operating budget and $558,474 as adequate revenue for debt service.
General Fund
Debt Service:
2010A G.O. Improvement Bonds
2011A G.O. Bonds
2011A G.O. Equipment Certificates
2011B Taxable G.O. Improvement Bonds
2012A G.O. CIP Bonds
2007A G.O. Water Revenue Bonds,
Recharacterized Portion
$2,726,118
$ 29,000
$ 11,500
$ 129,467
$ 55,000
$ 188,517
$ 144,990
Total Levy: $3,284,592
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 4, 2012.
Q4 i
T.M. Crosby, Jr., Mayor
ATTEST:
Scott T. Johnson, ity Administrator -Clerk
Resolution No. 2012-54
September 4, 2012
The motion for the adoption of the foregoing resolution was duly seconded by member
Martinson 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. 2012-54 2
September 4, 2012