HomeMy WebLinkAbout06-228 CITY OF LAKEVILLE
RESOLUTION NO. o6-22s
RESOLUTIQN ADOPTING THE 2007
TAX LEVY
NOW THEREFORE, BE IT RESOLVED that the Tax Levy is hereby approved.
and adopted for the fiscal year ending December 31, 2007.
Total
General Levy $ 15,312,200
Debt Service Levy
Certificates of Indebtedness 1,510,696
Park Bonds 414,231
Capital Improvement Bonds 2004 757,994
Ice Arena Lease Revenue Bonds 2007 250,441
Improvement bonds 1996 B 23,199.
Improvement bonds 2000 322,767
• Improvement bonds 2001 58,444
Street Reconst. Bonds 2003 1,056,822
Street Reconst. Bonds 2005 235,922
Total Debt Service Levy $ 4,630,516
Total Tax Levy $ 19,942,716
BE IT FURTHER RESOLVED, that the first $350,000 of Market Value Homestead
Credit received from the State of Minnesota in 2007 shall be appropriated to the Equipment
Fund for acquisition of Police and Fire Equipment; furthermore, any remaining Market Value
Homestead Credit Funds received from the State of Minnesota shall be appropriated to the
Certificate of indebtedness Debt Service Fund.
APPROVED AND ADOPTED by the Lakeville City Council this 18th day of
December, 2006.
C/I~TY F LAKE I E
0~
Robert D..7o son, Mayor
A EST•
Charlene Friedges, Clerk