Laserfiche WebLink
Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #19-225 <br />RESOLUTION APPROVING THE PROPOSED 2019, PAYABLE 2020 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 2019, payable 2020, 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 $ 1,498,000 <br />Collected as Property Tax EDA Levy 91,413 <br />Collected as Property Tax General Levy 9,205,409 <br />DEBT SERVICE LEVY <br />CIP Bond — Municipal Center 1,117,813 <br />CIP Bond — Fire Station #2 262,358 <br />2013 Equipment Certificates 66,073 <br />2015 GO Road Improvement Bonds 28,542 <br />2014 Equipment Certificates 99,380 <br />2016 GO Road Improvement Bonds 66,377 <br />2017 GO Road Improvement Bonds 48,877 <br />2018 GO Road Improvement Bonds 57,467 <br />$10,794,822 <br />1,746,887 <br />TOTAL PROPOSED LEVIES $ 12.541.709 <br />1) That the City of Ramsey will not be levying the $336,774 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 />2) That the City of Ramsey will not be levying the total $1,215,703 (105% of debt service) <br />related to the GO Capital Improvement Plan Refunding Bonds for the Municipal Center. <br />The City will levy at $1,117,813. <br />3) That the City of Ramsey will not be levying the total $76,073 related to the $635,000 <br />Capital Equipment Certificates. The City will levy at $66,073. <br />