HomeMy WebLinkAbout2012 Preliminary Budget Certification •
Resolution 2011 -020
Adopting the Proposed 2011 Tax Levy, Collectible in 2012
BE IT RESOLVED by the City Council of the City of St. Joseph, Stearns County, Minnesota, that the following
sums of money be levied for the current year, collectible in 2012 upon the taxable property in the City of St. Joseph
for the following purposes:
General Fund Levies
General Fund Tax Levy $ 1,273,570.00
General Fund Tax Levy - EDA 87,000.00
Bond Indebtedness
2005 Bond Improvements
$ 645K Public Project Crossover Refunding 94,000.00
$ 1.655M GO Improvement Bond 16.000.00
110,000.00
2006 Bond Improvements
$ 2.375M GO Improvement Bond 56,000.00
2007 Bond Improvements
$ 980K GO Refunding Bond 8,500.00
2008 Bond Improvements
$ 290K GO Certificate of Indebtedness 67,000.00
2009 Bond Improvements
$ 2.555M GO Improvement Bond 74,000.00
$ 495K GO Capital Improvement Refunding 66,800.00 140,800.00
2010 Bond Improvements
$ 150K GO Certificate of Indebtedness 34,500.00
$ 1.845 GO Crossover Refunding Bond 11.000.00 45,500.00
2011 Bond Improvements
$ 445K GO Refunding 31,320.00
$ 400K GO Certificate of Indebtedness 20,800.00
$ 200K Capital Improvement Bond 23,000.00 75,120.00
Total 2012 Levy $ 1,863,490.00
BE IT FURTHER RESOLVED that these levies will support the general fund budget in the amount of $ 2,440,925
for the year 2012; and
The City Council will conduct a public hearing allowing for discussion of the levy and budget on December 1, 2011
at 7:00 at the St. Joseph City Hall, 25 College Avenue North, St. Joseph MN 56374.
Adopted by the Council this 15"' day of September , 2011.
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Rick Schu May
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