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Res 2006-117 Approving Final 2006 Levy/2007 BudgetCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 06-117 A •1:9 110 Lcilll:j Zte]WOR-1 -1 NAM I I a IC1 = 0 201 k4wrq I I I WHEREAS, the City has previously adopted a Tentative Tax Levy Resolution No. 06-83 which was subject to revision at the time of the public hearing; and WHEREAS, the City has conducted a public hearing on December 4, 2006 on the Tentative Budget and Tax Levy. NOW THEREFORE BE IT RESOLVED that the City Council adopt the following levy for tax against all taxable property in the City of Mendota Heights for collection in the year 2007. 2007 Final General Fund $3,985,250 Emergency Prep. $ 15,000 Fire Relief $ 60,000 Infra Structure $ 50,000 Legal & Contingency $ 60,000 Facility Reserve $ 50,000 Radio Escrow $ 175,000 General Levy Special Debt Levies Park Bonds Improvement Bonds PERA Increase Total Special Levy $ 312,000 $ 323,525 $ 17,500 $4,395,250 $ 653,025 Net Certified Levy $5,048,275 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 2007 Budget reflects $5,525,720 of revenues and expenses for the general fund. 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 5th day of December, 2006. CITY COUNCIL CITY OF MENDOTA HEIGHTS By Jqh/ Hub Ma or ATTEST: Ka teen M. Swanson City Clerk