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#14-09-187
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#14-09-187
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9/10/2014 2:18:41 PM
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<br />Councilmember LeTourneau introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #14-09-187 <br /> <br />RESOLUTION APPROVING THE PROPOSED 2014, PAYABLE 2015 TAX LEVY AND <br />SCHEDULE BUDGET PUBLIC MEETING DATE <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br /> <br />1) That the following proposed levies for certified 2014, payable 2015, be levied upon the <br />taxable property in said City of Ramsey, Anoka County, State of Minnesota for the <br />following purposes: <br /> <br />GENERAL LEVY <br /> <br /> Fund 101: General Fund - General Operations <br /> Fiscal Disparity Transfer - as estimated $ 1,100,000 <br /> Collected as Property Tax EDA Levy 116,444 <br /> Collected as Property Tax General Levy 6,711,937 <br /> <br /> $7,928,381 <br /> <br />DEBT SERVICE LEVY <br /> <br /> CIP Bond – Municipal Center 1,048,213 <br /> CIP Bond – Fire Station #1 147,630 <br /> 2013 Equipment Certificates 74,820 <br /> 2014 GO Improvement Bonds (Est) 109,633 <br /> 2014 Equipment Certificates (Est) 101,821 <br /> <br /> 1,482,117 <br /> <br /> <br /> <br />TOTAL PROPOSED LEVIES <br /> $ 9,410,498 <br /> <br /> <br />2)That the City of Ramsey will not be levying the $338,874 related to the $3,090,000 GO <br />Refunding Bond, Series 2011B, as per Joint Powers Agreement with Anoka County. <br />Anoka County is required to pay directly to the City, this debt service amount. <br /> <br /> <br />3)That the City of Ramsey will not be levying the total $1,100,623 (105% of debt service) <br />related to the GO Capital Improvement Plan Refunding Bonds for the Municipal Center. <br />The City will levy at 100% of debt service or $1,048,213. <br /> <br />3) That the City of Ramsey's 2015 Public Budget Meeting is scheduled for Tuesday, <br />December 9, 2014 at 7:00 p.m. <br /> <br /> <br />
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