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Res 2010-102 Approve Final 2010 Tax Levy and BudgetCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 10-102 RESOLUTION APPROVING FINAL 2010 TAX LEVY COLLECTIBLE IN 2011 AND ADOPTING PROPOSED BUDGET FOR 2011 WHEREAS, the City has previously adopted a preliminary tax levy in resolution 10-74; and WHEREAS, the City will accept public comments on December 7, 2010 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 2011. 2011 Final General Fund $4,975,934 Emergency Preparedness $ 25,000 Fire Relief $ 59,800 Infrastructure $ 25,000 Equipment Reserve $ 20,000 Legal & Contingency $ 40,000 General Levy $5,145,734 Special Debt Levies Park Bonds $ 66,250 Improvement Bonds $ 509,139 Equipment Certificates $ 53,634 Special Levy — Lost Aid $ 112,756 Total Special Levy $ 741,779 Market Value Referendum Levy $ 264,107 Street Light District Levy $ 50,000 Net Certified Levy $ 6,201,620 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 2011 Budget reflects $10,489,464 of expenses for all funds. 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 7th day of December, 2010. ATTEST: Nancy J. uer Acting City Clerk By CITY COUNCIL CITY OF MENDOTA HEIGHTS John May