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Res 2015- 92 Final 2015 Tax Levy 2016 BudgetCity of Mendota Heights Dakota County, Minnesota RESOLUTION 2015-92 R�SOLU'TION APPROVING FINAL 2015 TAX LEVY COLLECTIBLE IN 2016 AND ADOPTING PROPOSED BUDGET FOIZ 2016 WHEREAS, the city has previously adopted a preliminary tax levy in resolution 2015-72; � WHEREAS, the city will accept public comments on December 1, 2015 on the proposed budget and tax levy. NOW THEREFORE BE IT .RESOLVED that the city council adopts the following levy for tax against all taxabie property in the City of Mendota Heights for collection in the year 2016. General Fund Emergency Preparedness Fire Relief Infrastructure/Facility Reserve Equipment Reserve Legal & Contingency General Levy Special Debt Levies Improvement Bonds Equipment Cei�tificates Total Special Levy 2016 Final $ 6,031,954 $ 25,000 $ 108,000 $ 20,000 $ 20,000 $ 40,000 $ 6,244,954 $ 822,752 $ 78,427 � 901,179 Market Value Referendum Levy $ 240,266 Street Light District Levy $ 20,000 Net Certifed Levy $ 7,406,399 BE IT FURTI3ER RESOLVED that the budget as proposed is deemed to be practical and reasonable to maintain the city operations and is hereby approved. The 2016 budget reflects $12,647,076 of expenses for all funds. The 5 year capital improvement plan is presented as part of the 2016 final budget document. The clerlc 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 1 st day of December, 2015. CITY COUNCIL C OF MENDOTA IEIEIGHTS .�-�s� Sandra Krebsb , Mayor ATTEST: i �=- Lorri Smith, City Clerk