HomeMy WebLinkAboutResolution 2017-78 Adopting 2018 Final General Fund Budget and Property Tax LevyCity of Corcoran Decemberl4, 2017
County of Hennepin
State of Minnesota
RESOLUTION NO. 2017 -78
Motion By: Dejewski
Seconded By: Bottema
A RESOLUTION ADOPTING 2018 BUDGET AND FINAL 2017 TAX LEVY, COLLECTIBLE IN
2018
BE IT RESOLVED, by the City of Corcoran, that the City Council hereby adopt the 2018 City
Budget; and
BE IT RESOLVED, the Downtown Utility and Street Improvement Debt 2016A will be paid by
the City's water and sewer utility funds; and
BE IT FURTHER RESOLVED, by the City of Corcoran, that the City Council hereby declare the
following sums of money be levied for the current year, collectible in 2018, for the following
purposes:
GENERAL PROPERTY TAX LEVY
$ 3,489,870
EQUIPMENT CERTIFICATE DEBT 2010A
$ 1917549
EQUIPMENT CERTIFICATE DEBT 2012A
$ 45,438
EQUIPMENT CERTIFICATE DEBT 2014A
$ 52,647
EQUIPMENT CERTIFICATE DEBT 2016A
$ 36,960
FACILITY EXPANSION DEBT - PUBLIC WORKS
$ 168,039
FOR A TOTAL LEVY OF
$ 379847503
VOTING AYE
® Thomas, Ron
® Bottema, Jon
® Dejewski, Brian
® Keefe, Mike
® LaFave, Tonya
VOTING NAY
❑ Thomas, Ron
❑ Bottema, Jon
❑ Dejewski, Brian
❑ Keefe, Mike
❑ LaFave, Tonya
Whereupon, said Resolution is hereby declared adopted on this 14th day of December
2017.
Ron Thomas -Mayor
ATTEST:
City Seal
J sica Beise — City Clerk/Administrative Services Coordinator
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