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Home My WebLink About15-167CITY OF LAKEVILLE RESOLUTION NO. 15-167 RESOLUTION ADOPTING THE 2016 PROPERTY TAX LEVY BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the following 2016 property tax levy is hereby approved and adopted. Purpose Debt Street improvements Police Station Central Maintenance Facility Ice Arena Total Debt Levy General Fund Pavement Management Fund Street Reconstruction Fund Equipment Fund Building Fund Park Improvement Fund Trail Improvement Fund Total tax levy TOTAL 3,657,286 659,740 823,542 314,506 5,455,074 18,553,795 1,191,550 50,000 250,000 51,000 50,000 78,200 $ 25,679,619 ADOPTED by the Lakeville City Council this Th day of December, 2015 CITY OF LAKEVILLE, MINNESOTA By: Matt Little, Mayor ATT�T: Charlene Friedges, City C Schedule A - Debt Service The following is a schedule of all debt which, at the time of issuance, included certification of future property tax levy. The following schedule - column B - provides list of debt listing actual tax levies for taxes payable 2016. The difference betwee certification and actual is due to changes in funding sources such as interest c investments, Liquor Fund contributions, special assessments, General Fund (operatir levies) and other contributing factors. :B6nd D�escriptlon. Debt � e C t f1bd L (A)�B) Ice Arena Lease Revenue Bonds 2006 Capital Improvement Bonds 2007D Improvement Bonds 2007F Improvement Bonds 2008A Improvement Refunding Bonds 2009B Improvement Bonds 2010A Improvement Bonds 2011A Improvement Bonds 2012A Improvement Bonds 2013A Improvement Bonds 2014A Improvement Bonds 2015A Street Reconstruction Bonds 2005A Street Reconstruction Bonds 2007H Street Reconstruction Bonds 2009A Refunding Bonds 2011B Refunding Bonds 2012B Refunding Bonds 2014B Debt Service Total ** $ - $ 314,506 1,140,156 659,740 57,908 35,044 - 431,983 258,415 290,000 152,292 132,292 742,534 491,053 490,823 309,190 982,406 483,525 674,311 408,038 239,416 - 226,217 188,967 428,481 316,525 85,990 - 1,961,190 1,705,105 653,773 187,718 $ 8,592,524 $ 5,455,074