HomeMy WebLinkAboutResolution 5086 � ��
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RESOLUTION OF THE CITY COUNCIL
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A RESOLUTION ADOPTING THE FINAL 2003
TAX LEVY COLLECTIBLE IN 2004
BE IT RESOLVED, by the City Council of the City of Orono, County of Hennepin,
Minnesota,that the final 2003 Tax Levy Collectible in 2004, is determined to be as follows:
GENERAL LEVY �
General Fund- Operations $2,547,900 .
PIR Fund-Infrastructure-Roads 35,450
Park Fund-Land Acquisition&Development 5,000
Improvement&Equipment Outlay Fund-Capital Equip -0- .
TOTAL GENERAL LEVY $2,588,350
SPECIAL LEVY
General Fund-PERA Rate Increases $ 5,540
General Fund-COPS Grant Decrease 14,790
General Fund- Capital Equipment Cert. 83,000
• � TOTAL SPECIAL LEVY-GENERAL FUND $ 103,330
BONDED DEBT AND CERTIFICATES OF INDEBTEDNESS
Improvement&Equipment Outlay-Capital Equipment Cert $ 125,000
G.O. 1997 Sewer Improvement Bond 18,000
G.O. 1999 Sewer Improvement Bond 5,000
G.O. 2003 Sewer Improvement Refunding Bond 35.000
TOTAL BONDED INDEBTEDNESS $ 183,000
BONDS OF OTHER GOVERNMENTAL LJNITS '
H.R.A.Refunding Bond 1998 $ 250,000
H.R.A.Fire Facility and Equipment Bond 2003 73.250 323 250
TOTAL ALL LEVIES $3,197.930
The City Clerk is hereby instructed to transmit a certified copy of this resolution to the
County Auditor of Hennepin County,Minnesota.
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held
December 8,2003.
ATTEST:
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Linda S.Vee, City Clerk Barbara A.Peterson,Mayor
Resolutiona\Pinal 2004 Levy.res.wpd . ,