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City Council Resolution 2010-57CITY OF MONTICELLO RESOLUTION NO 2010-57 ADOPTING THE 2011 PRELIMINARY TAX LEVY WHEREAS, the Finance Director has prepared and submitted to the City Council a preliminary budget setting forth therein his estimated needs of the City of Monticello for all operations and the debt service for the fiscal year commencing January 1, 2011; 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; and NOW, THEREFORE, BE IT RESOL VED BY THE COUNCIL OF THE CITY OF MONTICELLO that the preliminary budget so submitted by the Finance Director, together with the changes made therein by the City Council, be and same hereby is adopted as a preliminary budget for the fiscal year commencing January 1, 2011; and BE IT FURTHER RESOLVED, that there be and hereby is a preliminary levy for the fiscal year commencing January 1, 2011, and the following sums for the respective purposes indicated therein upon the taxable property of the City of Monticello, to wit: The above resolution was introduced by Councilmember Glen Posusta, was duly seconded by Councilmember Brian Stumpf, with the following voting in favor thereof: Clint Herbst, Tom Perrault, Glen Posusta and Brian Stumpf. The following voting in opposition: Susie Wojchouski. The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Wright County, Minnesota. PRELIMINARY LEVY REVENUE General $5,337,622 Community Center $1,100,000 Library $36,750 HRA/EDA 0 OAA 0 Shade Tree $335500 DEBT RETIREMENT Deb Service Funds $15144,437 CAPITAL IMPROVEMENTS Street Reconstruction Fund $2500 TOTAL TAX LEVY $7,677,309 The above resolution was introduced by Councilmember Glen Posusta, was duly seconded by Councilmember Brian Stumpf, with the following voting in favor thereof: Clint Herbst, Tom Perrault, Glen Posusta and Brian Stumpf. The following voting in opposition: Susie Wojchouski. The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Wright County, Minnesota. ADOPTED BY the Monticello City Council this 13th day of September, 2010. CITY OF MONTICELLO Clint Herbst, Mayor ATTEST: Jeff ill, City Administrator