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Agenda - Council - 11/26/2024
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Agenda - Council - 11/26/2024
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3/13/2025 10:39:07 AM
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11/26/2024 2:12:43 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/26/2024
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Councilmember introduced the following resolution and moved for its adoption: <br /> RESOLUTION #24-335 <br /> RESOLUTION ADOPTING THE 2024, PAYABLE 2025, MUNICIPAL TAX LEVY <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 levies for assessed 2024, payable 2025, be levied upon the taxable <br /> property in said City of Ramsey, Anoka County, State of Minnesota for the following <br /> purposes: <br /> GENERAL LEVY <br /> Fund 101: General Fund - General Operations <br /> Collected as Pavement Management Levy $119361970 <br /> Fiscal Disparity Transfer(as certified) 213231926 <br /> Collected as Property Tax—EDA Levy 861367 <br /> Collected as Property Tax— General Levy 14,607,120 <br /> $ 18,954,3 83 <br /> DEBT SERVICE LEVY <br /> 2015 CIP Bonds: Fire Station#2 2831749 <br /> 2021 CIP Bond—Municipal Center 8401650 <br /> 2015 GO Road Improvement Bonds 1141222 <br /> 2016 GO Road Improvement Bond 1461371 <br /> 2017 GO Road Improvement Bonds 911875 <br /> 2018 GO Road Improvement Bonds 113,792 <br /> 2020 CIP Bond: Public Works Campus 127,276 <br /> 2022 GO Street Reconstruction Bond L0891638 <br /> 2023 Equipment Certificates 18 8173 8 <br /> $2,996,311 <br /> TOTAL CERTIFIED LEVIES 21 P950*694 <br /> 2) That this final levy does not exceed the Proposed Levy adopted September 24, 2024. <br /> 3) That the City of Ramsey will not be levying the total $1,197,683 (105% of debt service) <br /> related to the GO Capital Improvement Plan Refunding Bonds for the Municipal Center. <br /> The City will levy at $840,650. <br />
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