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Res 2016- 95 Final 2016 Tax Levy-Adopt Final 2017 BudgetCity of Mendota Heights Dakota County, Minnesota RESOLUTION 2016- 95 RESOLUTION APPROVING FINAL 2016 TAX LEVY COLLECTIBLE IN 2017 AND ADOPTING PROPOSED BUDGET FOR 2017 WHEREAS, the Mendota Heights City Council has previously adopted a preliminary tax levy in the form of Resolution 2016-71; and WHEREAS, the City Council will accept public comments on December 6, 2016 regarding the proposed budget and tax levy for FY 2017. NOW THEREFORE BE IT RESOLVED that the City Council of the City of Mendota Heights, Minnesota, hereby adopts the following levy for tax against all taxable property in the City of Mendota Heights for collection in the year 2017: 2017 Final General Fund $ 6,481,624 Emergency Preparedness $ 25,000 Fire Relief $ 126,000 Infrastructure/Facility Reserve $ 20,000 Equipment Reserve $ 92,800 Legal & Contingency $ 40,000 General Levy $ 6,785,424 Special Debt Levies Improvement Bonds Equipment Certificates $ 861,795 $ 76,151 Total Special Levy $ 937,946 Market Value Referendum Levy $ 246,960 Street Light District Levy $ 20,000 Net Certified Levy $ 7,990,330 BE IT FURTHER RESOLVED that the budget as proposed is deemed to be practical and reasonable to maintain the City's operations, and is hereby approved. The 2017 budget reflects $12,751,022 of expenses for all funds. The 5 year capital improvement plan is presented as part of the 2017 final budget document. The City 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 6th day of December, 2016. CITY COUNCIL CITY OF NDOTA HEIGHTS ATTES Lorri Smith, City Clerk a dra Krebsbae ayor Res 2016-95 Page 2 of 2