Loading...
Res 2006- 82 Approving Tentative 2006 Levy Collectible 2007CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 06-82 RESOLUTION APPROVING TENTATIVE 2006 LEVY COLLECTIBLE IN 2007 WHEREAS, the State Tax Law requires the City of Mendota Heights to certify a tentative Tax Levy for the year 2007 prior to September 15, 2006; and WHEREAS, the Levy may be adjusted prior to December 28, 2006, to an amount not to exceed the adopted tentative levy. NOW THEREFORE BE IT RESOLVED that the City Council adopt the following tentative Levy for tax against all taxable property in the City of Mendota Heights for collection in the year 2007: 2007 Preliminary General Fund 3,985,250 Emergency Preparedness 15,000 Fire Relief 60,000 Infra Structure Reserve 50,000 Facility Reserve 50,000 Radio/Equip Reserve 175,000 IPrial A (nnfinnPnry Levy Rn nnn -------Net-General-Tax-Levy------------$4-,-395,-250- Special Debt Levies PERA Increase $17,500 Park Bonds 312,000 Improvements Bonds 348,875 Net Levy Debt Service $ 678,375 Net Tent. Levy Certified $5,073,625 BE IT FURTHER RESOLVED that the Levy shall be amended following budget hearings to reflect the adopted City Budget. BE IT FURTHER RESOLVED that the City Council hold a Truth in Taxation hearing tentatively set for Monday, December 4, 2006 at 7:30 o'clock P.M. for the purpose of considering the proposed budget and levy. The public is invited to attend the meeting. Adopted by the City Council of the City of Mendota Heights this 5th day of September, 2006. CITY COUNCIL CITY OF MENDOTA HEIGHTS John J Odbq�� Mayor ATTEST: Ka teen M. Swanson --------Cit-y-Clerk-------