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09/11/06
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5/19/2025 3:49:43 PM
Creation date
9/8/2006 2:37:10 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
09/11/2006
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<br />Councilmember introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #06-09-XXX <br /> <br />RESOLUTION APPROVING THE PROPOSED 2006, PAYABLE 2007, TAX LEVY AND <br />SCHEDULE BUDGET PUBLIC HEARING DATES <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 proposed levies for certified 2006, payable 2007, be levied upon the <br />taxable property in said City of Ramsey, Anoka County, State of Minnesota for the <br />following purposes: <br /> <br />GENERAL LEVY <br />Fund 101: General Fund - General Operations <br />Fiscal Disparity Transfer - as estimated <br />Collected as Property Tax EDA Levy <br />Collected as Property Tax General Levy <br /> <br />$ 625,000 <br />393,375 <br />6.450.101 <br /> <br />$7,468,476 <br /> <br />DEBT SERVICE LEVY <br />Lease Revenue Bond (collected as property tax): <br />Municipal Center <br />Certificates ofIndebtedness <br />CIP Bond - Fire Station #1 <br /> <br />814,615 <br />613,023 <br />149,696 <br /> <br />1,577,334 <br /> <br />DRAINAGE DISTRICT LEVY <br />Mississippi River Stormwater Sub drainage District <br /> <br />43,348 <br /> <br />TOTAL PROPOSED LEVIES <br /> <br />$9.089.158 <br /> <br />2) That the City of Ramsey will not be levying the $353,742.38 related to the $4,225,000 <br />GO Improvement Bond, Series 2005B, as per Joint Powers Agreement with Anoka <br />County, Anoka County is required to pay directly to the City, this debt service amount. <br /> <br />3) That the City of Ramsey's 2007 Public Budget Hearing is scheduled for Monday, <br />December 4,2006, at 6:00 p.m. and a reconvene date (if necessary) is scheduled <br />for Monday, December 11, 2006, at 6:00 p.m. <br />
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