HomeMy WebLinkAbout07-231 CITY OF LAKEVILLE
RESOLUTI011~ NO. 07-231
RESOLUTIOIIf ADOPTING THE 2008.
TAX LEVY
NOW THEREFORE, BE IT RESOLVED that the Tax Levy is hereby
approved and adopted for the fiscal year ending December 31, 2008.
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Tax Levy
General Levy $ 16,683,556
Debt Service Levy
Capital Improvement Plan Bonds 2007 D -Police Station $ 811,198
Capital Improvement Plan Bonds 2004 A - CMF 784,869
HRA Ice Arena Lease Revenue Bonds 2006 254,739
• Certificates of Indebtedness. 1,555,914
Tax Increment Bonds 1999 B -.Arts Center District 74,989
Park Refunding Bonds 2003 B 419,806
Improvement Bonds 1996 B 23,199
Improvement Bonds 2000 A 322,767
Improvement Bonds 2001 A 27,500
Improvement Bonds 2007 F 296,575
Street Reconstruction Bonds 2003 A 921,733
Street Reconstruction Bonds 2005 A 377,363
Street. Reconstruction Bonds 2007 H 136,406
Total Debt Service Levy 6,007,058
Total Tax Levy ~ 22,690,614
BE IT FURTHER ~tESOLYED, that the Market Value Homestead Credit received from
from the State of Minnesota in 2008 shall be appropriated to the Certificates of Indebtedness
Debt Service Fund.
•
(continued)
RESOLUT.tOl1/~DO~TING THE 2008`
• T.4X LEVY
BE IT FURTHER RESOLVED, that the 2b08 Debt Service Levy of $6,007,058 is hereby
approved and adopted for the fiscal year ending December 31, 2008 pursuant to Minnesota
Statute 475.61 as indicated on attached Schedule A.
.APPROVED ~1ND ADOPtED by the Lakeville City. Council this 17th day of
December, 2007.
CI OF LA _ - LLE
H v Dah6 a o
A ST;
Charlene Friedges, Ci Clerk