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City Council Resolution 2005-123RESOLUTION NO. 2005-123 RESOLUTION ADOPTING THE 2005 BUDGET AND SETTING THE TAX LEVY WHEREAS, the City Administrator has prepared and submitted to the City Council a budget setting forth therein his estimated needs of the City of Monticello for all operation and the debt service for the fiscal year commencing January 1, 2006; 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 RESOL VED BY THE COUNCIL OF THE CITY OF MONTICELLO that the budget so submitted by the City Administrator, together with the changes made therein by the City Council, be and same hereby is adopted as a budget for the fiscal year commencing January 1, 2006; and BE IT FURTHER RESOLVED by the Council of the City of Monticello that there be and hereby is levied for the fiscal year commencing January 1, 2006, the following sums for the respective purposes indicated therein upon the taxable property of the City of Monticello, to wit: REVENUE NET CERTIFIED LEVY General $3,925,880 Community Center $908,895 Parks $780,125 Library $36,660 HRA $22,600 OAA $7,100 Tree $29,590 Transportation $15,550 DEBT RETIREMENT Debt Service Fund $523,600 CAPITAL IMPROVEMENTS Street Reconstruction Fund $500,000 TOTAL TAX LEVY $6,750,000 The above resolution was introduced by Councilmember Mayer , was duly seconded by Council- memberperrault with the following voting in favor thereof. Herbst, Mayer, Perrault, and StviTapf The following voted in opposition: Posusta The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Wright County, Minnesota. Adopted this 12th day of December, 2005 ATTES Clint Herbst, Mayor Rick Wolfsteller, City Admi istrator