City Council Resolution 2023-109CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2023-109
RESOLUTION CERTIFYING THE 2023 FINAL PROPERTY TAX LEVIES 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, 2024; 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 2024 for the following purposes and in the following
amounts:
NET CERTIFIED
REVENUE
LEVY
(General
$ 8,640,000
Community Center
525,000
Capital Projects
1,882,825
DEBT SERVICE FUNDS
G.O. Bonds, Series 2015B
165,223
I G.O. Bonds, Series 2016A
357,979
I G.O. Bonds, Series 2017A
136,842
I G.O. Bonds, Series 2017A - Abatement
190,000
(G.O. Bonds, Series 2018A
99,337
IG.O. Bonds, Series 2018A - Abatement
340,000
IG.O. Bonds, Series 2019A
636,964
I G.O. Bonds, Series 2019A - Abatement
75,000
IG.O. Bonds, Series 2020A
24,830
ITOTAL TAX LEVY
$ 13,074,000
SECTION II. There is hereby levied $451,000 upon all taxable real property within the
City of Monticello a special benefit tax, collectible in 2024, 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 2024 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 2023 for collection in the year 2024 as
follows:
Bond
2024
Levy Added
Debt Service Levies
Resolution
Levy
(Canceled)
G.O. Bonds, Series 2015B
200,223
165,223
(35,000)
G.O. Bonds, Series 2016A
407,979
357,979
(50,000)
G.O. Bonds, Series 2017A
236,842
136,842
(100,000)
G.O. Bonds, Series 2017A - Abatement
190,000
190,000
G.O. Bonds, Series 2018A
129,337
99,337
(30,000)
G.O. Bonds, Series 2018A - Abatement
340,000
340,000
G.O. Bonds, Series 2019A
656,965
636,964
(20,001)
G.O. Bonds, Series 2019A - Abatement
75,000
751000
G.O. Bonds, Series 2020A
124,830
24,830
(100,000)
Total
$ 2,361,176 $
2,026,175
$ (335,001)
SECTION IV. City personnel are instructed to submit the following certifications to
various government agencies by December 30, 2023:
• 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 11t" day of December, 2023.
CITY OF MONTICELLO
Lloyd Hilgart, Mayor
ATTEST:
Lie nifer Ohr ib r, City Clerk
The above resolution was introduced by Councilmember Murdoff and was duly seconded by
Councilmember Hinz.
The following voting in favor: Gabler, Hinz, and Murdoff
The following voted in opposition: Hilgart
(Councilmember Martie was absent)
CERTIFICATION
STATE OF MINNESOTA
COUNTY OF WRIGHT
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
111 2023, and recorded in minutes of said meeting. -I. OIL
,
Srity
Je nifer S h reib Clerk
Notary Public: .,-
Date: aa
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NOTARY PUBLIC
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