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Resolution - #24-335 - 11/26/2024
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Resolution - #24-335 - 11/26/2024
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4/1/2025 2:02:45 PM
Creation date
11/27/2024 11:32:06 AM
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#24-335
Document Date
11/26/2024
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<br />Councilmember Woestehoff introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #24-335 <br /> <br />RESOLUTION ADOPTING THE 2024, PAYABLE 2025, MUNICIPAL TAX LEVY <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 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 /> <br /> GENERAL LEVY <br /> <br /> Fund 101: General Fund - General Operations <br /> Collected as Pavement Management Levy $1 ,936,970 <br /> Fiscal Disparity Transfer (as certified) 2,323,926 <br /> Collected as Property Tax – EDA Levy 86,367 <br /> Collected as Property Tax – General Levy 14,607,120 <br /> $ 18,954,383 <br /> <br /> <br /> DEBT SERVICE LEVY <br /> 2015 CIP Bonds: Fire Station #2 283,749 <br /> 2021 CIP Bond – Municipal Center 840,650 <br /> 2015 GO Road Improvement Bonds 114,222 <br /> 2016 GO Road Improvement Bond 146,371 <br />2017 GO Road Improvement Bonds 91,875 <br />2018 GO Road Improvement Bonds 113,792 <br />2020 CIP Bond: Public Works Campus 127,276 <br />2022 GO Street Reconstruction Bond 1,089,638 <br />2023 Equipment Certificates 188,738 <br /> <br /> <br /> $2,996,311 <br /> <br /> <br /> TOTAL CERTIFIED LEVIES $ 21,950,694 <br /> <br />2) That this final levy does not exceed the Proposed Levy adopted September 24, 2024. <br /> <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 /> <br /> <br />
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