City Council Resolution 1985-16RESOLUTION 1985 #16
RESOLUTION ADOPTING 1986 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 operations and the
debt service for the fiscal year commencing January 1, 1986, and;
WHEREAS, the City Council has reviewed the same, and has made
such changes therein as appeared 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 the same hereby is, adopted as a budget for the fiscal
year commencing January 1, 1986, 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
on January 1, 1986, the following sums for the respective
purposes indicated therein, upon the taxable property of the
City of Monticello to wit:
REVENUE
General ................................. $ 555,000.00
Contingency ............................. 40,000.00
Library ................................. 22,950.00
Shade Tree .............................. 18,750.00
OAA .................... ................ 39,300.00
HRA ..................................... 10,000.00
DEBT RETIREMENT
Debt Service Fund ....................... 641,100.00
ENTERPRISE
Water Fund .............................. 5,650.00
CAPITAL IMPROVEMENTS
Capital Improvement Revolving..,,,,,,,,, 148,750.00
Sewer Interceptor Construction.......... 68,250.00
TOTAL TAX LEVY .......................... $1,577,250.00
Resolution 1985 #16
Page Two
The above Resolution was introduced by Councilmember Fran Fair
was duly seconded by Councilmember Blonigen , with
the following voting in favor thereof:
Arve Grimsmo, Fran Fair, Bill Fair, Dan Blonigen and Jack Maxwell.
The following voting in the opposition:
None
The City Administrator is hereby instructed to transmit a
certified copy of this Resolution to the County Auditor of
Wright County, Minnesota.
Dated: 15 October, 1985 City of Monticello
~~~
Arve A. Grimsmo, Mayor
ATTEST:
Thomas A. Eidem
City Administrator