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Home My WebLink About11-146CITY OF LAKEVILLE RESOLUTION No. 11 -146 RESOLUTION ADOPTING THE 2012 TAX LEVY BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the following 2012 tax levy is hereby approved and adopted. APPROVED this 19 day of December 2011 by the City Council of the City of Lakeville, Minnesota. go CITY OF LAKEVILLE, MINNESOTA Mark Bellows, Mayor AT/TEST:- L Charlene Friedges, City Total General Fund $ 16,164,967 Public Works Reserve - Pavement Mgmt. 1,248,588 Equipment Fund 692,382 Debt Service Park Bonds 2003B 408,154 Capital Improvement Bonds 2004A 883,000 Ice Arena Lease Revenue Bonds 2006 281,033 Capital Improvement Bonds 2007D 961,196 G. O. Improvement Bonds 2009 367,982 G. O. Improvement Bonds 2011 321,014 Street Reconstruction Bonds 2003A 1,027,791 Street Reconstruction Bonds 2005A 182,039 Street Reconstruction Bonds 2007H 231,044 Street Reconstruction Bonds 2009A 357,770 Total $ 23,126,960 APPROVED this 19 day of December 2011 by the City Council of the City of Lakeville, Minnesota. go CITY OF LAKEVILLE, MINNESOTA Mark Bellows, Mayor AT/TEST:- L Charlene Friedges, City Schedule A — Debt Service he following is a schedule of all debt which, at the time of issuance, included ,rtification of future property tax levy. The following schedule - column B - provides st of debt listing actual tax levies for taxes payable 2012. The difference betwef - rtification and actual is due to changes in funding sources such as interest c ivestments, liquor fund contributions, special assessments, General Fund (operatic ;vies) and other contributing factors. Bond Description Debt Schedule Certified Levy (A) (�) Park Bonds 2003B Capital Improvement Bonds 2004A Ice Arena Lease Revenue Bonds 2006 Capital Improvement Bonds 2007D Improvement Bonds 2007B Improvement Bonds 2008A Improvement Refunding Bonds 2009B Improvement Bonds 2011A Street Reconstruction Bonds 2003A Street Reconstruction Bonds 2005A Street Reconstruction Bonds 2007H Street Reconstruction Bonds 2009A Public Safety Revenue Bonds 2007 Debt Service Total ** $ 446,125 $ 408,154 245,000 883,000 281,033 1,153,018 961,196 294,960 157,260 867,471 367,982 321,014 1,120,376 1,027,791 240,580 182,039 229,604 231,044 437,338 357,770 149,310 $ 5,341,042 $ 5,021,023