HomeMy WebLinkAbout16-176CITY OF LAKEVILLE
RESOLUTION NO. 16-176
RESOLUTION ADOPTING THE 2017 PROPERTY TAX LEVY
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2017 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
4,014,566
563,806
937,942
293,550
5,809,864
18,842,000
1,191,550
50,000
350,000
150,000
175,000
111,200
$ 26,679,614
ADOPTED by the Lakeville City Council this 511 day of December, 2016
CITY OF LAKEVILLE, MINNESOTA
By:
Matt Little, Mayor
ATTEST:
Charlene Friedges, City C101
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 2017. 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) I I (B)
Ice Arena Lease Revenue Bonds 2006
HRA Lease Revenue Bonds 2016A
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
Improvement Bonds 2016B
Street Reconstruction Bonds 2007H
Street Reconstruction Bonds 2009A
Refunding Bonds 2011 B
Refunding Bonds 2012B
Refunding Bonds 2014B
Debt Service Total
663,938
293,561
1,134,118
55,204
(246)
400,155
295,000
151,513
725,629
488,512
978,521
677,285
543,484
231,257
429,951
85,005
2,035,635
1,239,646
$ 10,428,168 $
293,550
228,415
131,513
466,812
310,276
431,425
362,061
367,604
214,007
341,156
1,908,398
754,647
5,809,864