HomeMy WebLinkAboutResolution 2018-101 Adopting 2019 Budget and Final 2018 Tax LevyCity of Corcoran December 13, 2018
County of Hennepin
State of Minnesota
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Motion By: Bottema
Seconded By: Dejewski
A RESOLUTION ADOPTING 2019 BUDGET AND FINAL 2018 TAX LEVY, COLLECTIBLE IN
2019
BE IT RESOLVED, by the City of Corcoran, that the City Council hereby adopt the 2019 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 2019, for the following
purposes:
GENERAL PROPERTY TAX LEVY
$ 3,710,129
EQUIPMENT CERTIFICATE DEBT 2012A
$ 44,914
EQUIPMENT CERTIFICATE DEBT 2014A
$ 52,916
EQUIPMENT CERTIFICATE DEBT 2016A
$ 36,330
EQUIPMENT CERTIFICATE DEBT 2018A
$ 81,900
DEBT SERVICE LEVY 2018A
$ 39,454
ABATEMENT LEVY 2018A
$ 68,250
FACILITY EXPANSION DEBT - PUBLIC WORKS
$ 229,044
FOR A TOTAL LEVY OF
$ 4,262,937
VOTING AYE
® Thomas, Ron
® Bottema, Jon
® Dejewski, Brian
® Keefe, M i ke
® Schultz, Alan
VOTING NAY
❑ Thomas, Ron
Ej Bottema, Jon
❑ Dejewski, Brian
❑ Keefe, Mike
El Schultz, Alan
Whereupon, said Resolution is hereby declared adopted on this 13th day of December
2018.
Ron Thomas - Mayor
ATTEST:
City Seal
essica Beise —City Clerk/Administrative Services Coordinator
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