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Home My WebLink About13-118CITY OF LAKEVILLE RESOLUTION NO. 13-118 RESOLUTION ADOPTING THE 2014 TAX LEVY BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the following 2014 tax levy is hereby approved and adopted. Total General Fund $ 16,802,864 Public Works Reserve - Pavement Mgmt. 1,205,350 Equipment Fund 300,000 Trails Fund 45,200 Debt Service Park Refunding Bonds 2011 B 350,175 Capital Improvement Bonds 2004A 932,906 Ice Arena Lease Revenue Bonds 2006 315,325 Capital Improvement Bonds 2007D 677,113 G. O. Improvement Bonds 2009 278,415 G. O. Improvement Bonds 2011 157,855 G. O. Improvement Bonds 2012 534,776 G. O. Improvement Bonds 2013 322,269 Street Reconstruction Bonds 2003A 950,578 Street Reconstruction Bonds 2005A 182,809 Street Reconstruction Bonds 2007H 231,467 Street Reconstruction Bonds 2009A 370,894 Total $ 23,657,996 APPROVED AND ADOPTED this 16' day of December 2013 by the City Council of the City of Lakeville, Minnesota. CITY OF LAKEVILLE, MINNESOTA By: Aatt L' e, Mayor ■ 4" Charlene Friedges, City C Schedule A - Debt Service The following is a schedule of all debt which, at the time of issuance, included a certification of future property tax levy. The following schedule - column B - provides a list of debt listing actual tax levies for taxes payable 2014. The difference between certification and actual is due to changes in funding sources such as interest on investments, liquor fund contributions, special assessments, General Fund (operating levies) and other contributing factors. Bond Description Debt Schedule Certified Levy (A) (B) 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 2011 A Improvement Bonds 2012A Improvement Bonds 2013A Street Reconstruction Bonds 2003A Street Reconstruction Bonds 2005A Street Reconstruction Bonds 2007H Street Reconstruction Bonds 2009A Refunding Bonds 2011 B Refunding Bonds 2012B Debt Service Total ** $ 320,000 $ 1,143,306 93,210 150,068 455,451 157,855 534,776 1,122,776 240,242 231,467 432,156 521,228 1,412,565 $ 6,815,100 932,906 315,325 677,113 278,415 157,855 534,776 322,269 950,578 182,809 231,467 370,894 350,175 $ 5,304,582