City Council Resolution 2002-73RESOLUTION NO. 2002-73
RESOLUTION ADOPTING THE 2003 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, 2003; 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 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, 2003; and
BE IT FURTHER RESOLVED by the Council of the City of Monticello that there be and hereby is levied for thf
fiscal year commencing January 1, 2003, the following sums for the respective purposes indicated therein upon th
taxable property of the City of Monticello, to wit:
REVENUE
NET CERTIFIED LEVY
General
$3,167,3330
Community Center
$894,945
Parks
$709,525
Library
$33,790
Shade Tree
$28,785
F1 R,-\
$20,820
DEBT RETIREMENT
Debt Service Fund
$1,268,813
CAPITAL IMPROVEMENTS
Capital Improvement Revolving
$123,010
Street Reconstruction Fund
$535,000
TOTAL TAX LEVY
$6,782,018
The above resolution was introduced by Councilmember Stumpf , was duly seconded by Council -
member Thielen with the following voting in favor thereof. Belsaas, Carlson, Herbst, Stumpf and Thielen.
The following voted in opposition: None
The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of
Wright County, Minnesota.
Adopted this 9` day of December, 2002
A T T E S
Rick Wolfsteller, City Administrator
Roger elsaas, Mayor