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Res 2011-116 Final Levy and Adopt Budget for 2012RESOLUTION NO. 2011-116 RESOLUTION APPROVING FINAL 2011 TAX LEVY COLLECTIBLE IN 2012 AND ADOPTING PROPOSED BUDGET FOR 2012 WHEREAS, the city has previously adopted a preliminary tax levy in resolution 2011 -79; and WHEREAS, the city will accept public comments on December 6, 2011 on the proposed budget and tax levy. NOW THEREFORE BE IT RESOLVED that the city council adopts the following levy for tax against all taxable property in the City of Mendota Heights for collection in the year 2012. 2012 Final General Fund $5,193,935 Emergency Preparedness $ 25,000 Fire Relief $ 68,500 Facility Reserve $ 20,000 Equipment Reserve $ 20,000 Legal & Contingency $ 40,000 General Levy $5,367,435 Special Debt Levies Improvement Bonds $ 441,786 Equipment Certificates $ 53,004 Total Special Levy $ 494,790 Market Value Referendum Levy $ 262,847 Street Light District Levy $ 45,000 Net Certified Levy $ 6,170,072 BE IT FURTHER RESOLVED that the budget as proposed is deemed to be practical and reasonable to maintain the city operations and is hereby approved. The 2012 budget reflects $10,407,840 of expenses for all funds. Page 1 of 2 The clerk is hereby instructed to transmit a certified copy of this resolution to the Dakota County Treasurer-Auditor. Adopted by the City Council of the City of Mendota Heights this sixth day of December 2011. ATTEST: Sandie Thone, City Clerk Page 2 of 2 Mayor