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Res 2020- 80 Final 2020 Tax Levy Collectible 2021 Adopt 2021 BudgeCity of Mendota Heights Dakota County, Minnesota RESOLUTION NO. 2020-80 RESOLUTION APPROVING FINAL 2020 TAX LEVY COLLECTIBLE IN 2021 AND ADOPTING PROPOSED BUDGET FOR 2021 WHEREAS, the City has previously adopted a preliminary tax levy in resolution 2020- 60; and WHEREAS, the City will accept public comments on December 1, 2020 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 2021. 2021 Final General Fund $ 8,009,068 Emergency Preparedness $ 25,000 Fire Relief $ 180,000 Legal & Contingency $ 40,000 General Levy $ 8,254,068 Special Debt Levies Improvement Bonds $ 1,278,087 Fire Station Bonds $ 624,173 Equipment Certificates $ 28,114 Total Special Levy $ 1,930,374 Market Value Referendum Levy $ 245,175 Street Light District Levy $ 53,000 Net Certified Levy $ 10,482,617 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 2021 budget reflects $16,447,544 of expenses for all funds. The 5 year capital improvement plan is presented as part of the 2021 final budget document. 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 1 st day of December, 2020. CITY COUNCIL CITY OF MENDOTA HEIGHTS Neil Garlock, Mayor AC`T�s Lorri Smith,, City Clerk