HomeMy WebLinkAbout06-141 CITY OF LAKEVILLE
RESOLUTION NO. 06-141
RESOLUTION ADOPTING THE PRELIMINARY 2007 TAX LEVY
NOW THEREFORE E IT RESOLVED, by the City Council of the .City of Lakeville, Minnesota, that
the following Preliminary Tax Levy is hereby approved and adopted for the fiscal year ending
December 31, 2007.
Total
General levy $ 15,329,933
Debt Service levy
Certificates of Indebtedness 1,459,782
Park Bonds 414,231
Capital Improvement Bonds 2004 757,994
Ice Arena Lease Revenue Bonds 2007 .283,622
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 $ 4,612,783
Total Tax Levy $ 19, 942, 716
Be it further resolved, 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.
DATED this 5th day of September 2006.
CITY OF AKEVILL
d
BY'
• Robert D. hnson, Mayor
T ST
Charlene Friedges, City Jerk