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CC Regular Session <br />Meeting Date: 09/22/2020 <br />By: Diana Lund, Finance <br />Information <br />7. 1. <br />Title: <br />Adopt Resolution #20-202 Adopting Proposed 2021 Payable Tax Levies (General, EDA and Debt Service) and <br />Schedule Public Hearing for December 8, 2020; Adopt Resolution #20-203 Adopting Proposed 2021 General Fund <br />Budget and Resolution #20-204 Adopting Proposed 2021 EDA Budget. <br />Purpose/Background: <br />Purpose: Each taxing authority must certify its proposed preliminary property tax levies <br />for payable 2021 to the County Auditor by September 30, 2020. <br />A budget/levy slide presentation will be provided that will outline the city's proposed <br />2021 levies and General Fund Budget. <br />The levy as presented reflects the consensus of the City Council at the final preliminary <br />budget/levy work session on September 8, 2020. <br />Proposed 2021 Payable Tax Levy: <br />Proposed Tax Levies: <br />General Fund Levy: 'L$11,194,848 <br />'EDA Levy (Included in General Levy) $ 75 <br />,360 <br />Debt Service Levy — CIP Bond -(Fire Station #2) (Being -$ 190,933 <br />Requested) J <br />Debt Service Levy — CIP Bond(Municipal Center) (Being —$ g 14,713 <br />Requested) <br />Debt Service Levy - 2013 Equipment Certificate 774,366 <br />W� <br />Debt Service Levy - 2014 Equipment Certificates J[$ 103,157 ; <br />Reconstruction Debt - Andrie & Overlays 1[$ 150,490 1 <br />Reconstruction Debt - Sunwood Drive & Alpine - r$ 96,768 <br />Reconstruction Debt - River's Bend & Stanhope Terrace $ 112,637 <br />Reconstruction Debt - Garnet Street & Overlays 7[1114,561 <br />Debt Service Levy -Proposed CIP Bond (PW Works <br />Campus)(Being Requested) <br />TOTAL PROPOSED LEVY 2021 <br />$ 205,841 <br />-r <br />$13,133,676- <br />