Res 2007- 89 Approving Tentative 2007 Levy for 2008CITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO. 07-.8§
RESOLUTION APPROVING TENTATIVE 2007 LEVY COLLECTIBLE IN 2008
WHEREAS, the State Tax Law requires the City of Mendota Heights to certify a tentative
Tax Levy for the year 2008 prior to September 17, 2007; and
WHEREAS, the Levy may be adjusted prior to December 28, 2007, 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
2008:
2008 Preliminary
General Fund 4,499,750
Emergency Preparedness 30,000
Fire Relief 60,000
Infra Structure Reserve 50,000
Facility Reserve 50,000
Legal & Contingency Levy 60,000
Net General Tax Levy $4,749,750
Special Debt Levies
Park Bonds 314,000
Improvements Bonds 345,120
Net Levy Debt Service $ 659,120
Net Tent. Levy Certified $5,408,870
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 3, 2007 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 4th day of September, 2007.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
John J. H
Mayor /
ATTEST:
Kathleen M. Swanson
City Clerk