City Council Resolution 2022-140CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2022-140
RESOLUTION CERTIFYING THE 2023 FINAL PROPERTY TAX LEVY AND
AUTHORIZING CANCELLATION OF CERTAIN DEFERRED TAX LEVIES
WHEREAS, the Finance Director has prepared and submitted to the City Council a budget
setting forth therein their estimated needs of the City of Monticello for operations, capital
improvements and debt service for the fiscal year commencing January 1, 2023; and
WHEREAS, the City Council has reviewed the same and has made such changes therein as
appear to be in the best interest of the City of Monticello;
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Monticello as follows:
SECTION I. There is hereby levied upon all taxable property in the City of Monticello a
direct ad valorem tax collectible in 2023 for the following purposes and in the following
amounts:
REVENUE
NET CERTIFIED
LEVY
General
$ 8,060,000
Community Center
515,000
Capital Projects
1,475,419
DEBT SERVICE FUNDS
G.O. Bonds, Series 2015B
1641435
G.O. Bonds, Series 2016A
282,559
G.O. Bonds, Series 2017A
114,532
G.O. Bonds, Series 2017A - Abateme
185,000
G.O. Bonds, Series 2018A
1141232.
G.O. Bonds, Series 2018A - Abateme
330,000
G.O. Bonds, Series 2019A
6221133
G.O. Bonds, Series 2019A - Abateme
75,000
G.O. Bonds, Series 2020A
111,690
TOTAL TAX LEVY
$ 12,050,000
SECTION II. There is hereby levied $402,000 upon all taxable real property within the
City of Monticello a special benefit tax, collectible in 2023, under Section 469.033, subd. 6, of
the HRA Act (HRA levy):
SECTION III. It is hereby determined that sufficient monies are now on hand, or will be
when needed, for the payment of principal and interest to come due during the year 2023 for
certain bond issues outstanding of the City of Monticello.
SECTION III. The Auditor -Treasurer of Wright County is hereby authorized and directed,
pursuant to the provisions of Section 475.61, Minnesota Statutes Annotated, to cancel or
otherwise amend the levies for said indebtedness due to excess funds on hand in the debt
service funds heretofore made to be levied in the year 2022 for collection in the year 2023 as
follows:
Debt Service Levies
Bond
Resolution
2023
Levy
Levy Added
(Canceled)
G.O. Bonds, Series 2015B
199,435
164,435
(35,000)
G.O. Bonds, Series 2016A
407,559
282,559
(125,000)
G.O. Bonds, Series 2017A
239,532
114,532
(125,000)
G.O. Bonds, Series 2017A - Abatement
185,000
185,000
G.O. Bonds, Series 2018A
139,232
114,232
(25,000)
G.O. Bonds, Series 2018A - Abatement
330,000
330,000
G.O. Bonds, Series 2019A
658,133
622,133
(36,000)
G.O. Bonds, Series 2019A - Abatement
75,000
75,000
G.O. Bonds, Series 2020A
126,690
111,690
(15,000)
Total
$ 2,360,581 $
1,999,581
$ (361,000)
SECTION IV. City personnel are instructed to submit the following certifications to
various government agencies by December 28, 2022:
• Certified copy of this resolution to the Wright County Auditor -Treasurer
• City and HRA final levy certification forms to the Wright County Auditor -Treasurer
• City and HRA levy Certification of Truth in Taxation Compliance forms to the Minnesota
Department of Revenue
• City and HRA Property Tax Levy Report forms to the Minnesota Department of Revenue.
ADOPTED BYthe Monticello City Council this 12th day of December, 2022.
CITY OF MONTICELLO
i'
Lloyd Hilgart, Mayor
ATTEST:
0Mnnifer Schr iber, City Clerk
The above resolution was introduced by Councilmember IMJb "' and was duly seconded
by Councilmember 'F��
The following voting in favor: } ir, q aLter", t*1 jw+ , Mawfle.., M mild &r
t
The following voted in opposition: n%0 yam,
CERTIFICATION
STATE OF MINNESOTA
COUNTY OF WRIGHT
I hereby certify that the foregoing is a true and correct copy of a resolution duly passed,
adopted and approved by the Monticello City Council at their scheduled meeting on December
12, 2022, and recorded in minutes of said meeting.
Jenhifer Sclbfeib&. City Clerk
Notary Public:
Date: ��/-
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VICKI JAN LEEPHOFF
NOTARY PUBLIC
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