14-094 - 12-02 - 2014 Property Tax Levies Resolution 14-94 December 2, 2014
Member Clausen introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2014 PROPERTY TAX LEVIES
FOR TAXES PAYABLE 2015
WHEREAS, the City Council has approved for the fiscal year commencing January
1, 2015; and
WHEREAS, the proposed budgets require monies to be raised from property taxes
on taxable property in the City of Golden Valley; and
NOW, THEREFORE, BE IT RESOLVED, by the City Council, that the following sums
of money be raised by property tax on taxable property in the City of Golden Valley for
taxes payable in 2015 as set out in the 2015-2016 adopted City budgets are hereby levied;
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Minnesota, that the 2015 General Fund Budget are hereby given final approval.
PURPOSE TAX LEVY
General Fund $13,440,310
SPECIAL LEVIES:
Tax Abatement Levy 300,000
Certificate of Indebtedness 795,861
Bonded Indebtedness 4,015,257
TOTAL LEVIES $18,551,428
BE IT FURTHER RESOLVED, that the City Council declares its intent to take all
necessary actions legally permissible to the submission and approval of the City's budget
and property tax levies both proposed and final.
Shepard M. Harris, t ayor
ATTEST:
C��- A,— Ae
Kristine A Luedke, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Snope
and upon a vote being taken thereon, the following voted in favor thereof: Harris, Snope,
Schmidgall, Fonnest and Clausen and the following voted against the same: none
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and his signature attested by the City Clerk.