HomeMy WebLinkAboutResolution 2016-046: Adopting Proposed 2016 Tax Levy, Collectible in 2017 RESOLUTION 2016-046
ADOPTING PROPOSED 2016 TAX LEVY,COLLECTIBLE IN 2017
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 2017 upon the taxable property in the City of St.Joseph for the following purposes:
GENERAL FUND LEVIES:
General Fund Tax Levy $ 1,151,485.00
BONDINDEBTEDNESS:
2009 Bond Improvements
$2.555M GO Improvement Bond 25,000.00
$495K GO Capital Improvement Refunding Bond 65,000.00 90,000.00
2010 Bond Improvements
$805K GO Improvement Bonds 6,000.00
$1.035M GO Crossover Refunding Bond 25,000.00 31,000.00
2011 Bond Improvements
$445K GO Refunding Bond 17,875.00
$1.04M GO Refunding Bond 50,000.00
$400K GO Certificate of indebtedness 12,060.00
$200K Capital Improvement Bond 26,000.00 105,935.00
2013 Bond Improvements
$265K GO Certificate of indebtedness 57,000.00
$405K GO Improvement Bond 10,000.00 67,000.00
2014 Bond Improvements
$2.01M GO Improvement Bond 80,000.00
$660K GO Utility Revenue Bond 23,500.00 103,500.00
2015 Bond Improvements
$595K GO Improvement Bond 30,000.00
$165K GO Certificate of Indebtedness 32,000.00
$1.84M GO Abatement Bond 162,000.00 224,000.00
2016 Bond Improvements
$4.335M GO Capital improvement Bond 230,000.00
$ 2,002,920.00
Be it further resolved that these levies will support the general fund budget of$2,982,655 for the year 2017.
The City Administrator/Clerk is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Steams County
Minnesota.
ADOPTED BY THE COUNCIL THIS 19TH DAY OF SEPTEMBER,2016.
Rick Schultz,Mayor
ATTEST:
J dy eyre s, dministr r