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City Council Resolution 2005-98CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2005-98 RESOLUTION ADOPTING THE 2006 PRELIMINARY BUDGET AND SETTING PRELIMINARY TAX LEVY WHEREAS, the City Administrator has prepared and submitted to the City Council a preliminary 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 CITY COUNCIL OF THE CITY OF MONTICELLO, MINNESOTA that the budget so submitted by the City Administrator, together with the changes made therein by the City Council be and same is hereby adopted as the preliminary 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 a preliminary levy 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 $3600 HRA $22,600 OAA $7,100 Tree $29,5190 Capital Outlay Revolving $0 Transportation $1-5.550 DEBT RETIREMENT Debt Service Fund $52300 CAPITAL IMPROVEMENTS Street Reconstruction Fund $5001000 TOTAL TAX LEVY $6,750.000 The above resolution was introduced by Councilmember Posusta , was duly seconded by Councilmember Mayer with the following voting in favor thereof: Herbst, Mayer, Perrault and Posusta The following voted in opposition: Stumpf The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Wright County, Minnesota. Adopted this 12' day of September, 2005. Clint Herbst, Mayor ATTEST: 1 Rick Wolfsteller, City Rdministrator