City Council Resolution 2011-85CITY OF MONTICELLO
RESOLUTION NO 2011-85
ADOPTING THE 2012 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, 2012; 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
NO W, THEREFORE, BE IT RESOL VED B Y THE CO UNCIL 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, 2012; and
BE IT FURTHER RESOLVED, that there be and hereby is a preliminary levy for the fiscal
year commencing January 1, 2012, 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 Tom Perrault, with the following voting in favor thereof. Glen Posusta, Tom
Perrault and Clint Herbst.
The following voting in opposition: Brian Stumpf and Lloyd Hilgart.
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
$5,456,248
Community Center
$1,150,000
Library
$0
HRA/EDA
$0
OAA
$0
Shade Tree
$0
DEBT RETIREMENT
Deb Service Funds
$1,218,752
CAPITAL IMPROVEMENTS
Street Reconstruction Fund
$255000
TOTAL TAX LEVY
$7,850,000
The above resolution was introduced by Councilmember Glen Posusta, was duly seconded by
Councilmember Tom Perrault, with the following voting in favor thereof. Glen Posusta, Tom
Perrault and Clint Herbst.
The following voting in opposition: Brian Stumpf and Lloyd Hilgart.
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 12th day of September, 2011.
CITY OF MONTICELLO
Y.
Z
Clint Herbst, Mayor
ATTEST:
n
Je f eill, City Administrator