Laserfiche WebLink
Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #17-09-235 <br />RESOLUTION APPROVING THE PROPOSED 2016, PAYABLE 2017 TAX LEVY AND <br />SCHEDULE BUDGET PUBLIC MEETING DATE <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 />1) That the following proposed levies for certified 2016, payable 2017, be levied upon the <br />taxable property in said City of Ramsey, Anoka County, State of Minnesota for the <br />following purposes: <br />GENERAL LEVY <br />Fund 101: General Fund - General Operations <br />Fiscal Disparity Transfer - as estimated $ 1,484,000 <br />Collected as Property Tax EDA Levy 103,981 <br />Collected as Property Tax General Levy 7,911,242 <br />DEBT SERVICE LEVY <br />CIP Bond — Municipal Center 1,118,613 <br />CIP Bond — Fire Station #2 224,248 <br />2013 Equipment Certificates 73,119 <br />2015 GO Road Improvement Bonds 116,663 <br />2014 Equipment Certificates 101,879 <br />2016 GO Road Improvement Bonds 146,571 <br />2017 GO Road Improvement Bonds 94,079 <br />$9,499,223 <br />1,875,172 <br />TOTAL PROPOSED LEVIES $ 11.374.395 <br />2) That the City of Ramsey will not be levying the $337,929 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 />3) That the City of Ramsey will not be levying the total $1,174,543 (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 $1,118,613. <br />