City Council Resolution 2003-87RESOLUTION NO. 2003-87
RESOLUTION ADOPTING THE 2002 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, 2004 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, 2004; 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, 2004, 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 Smith , was duly seconded by Councilmember
Carlson , with the following voting in favor thereof: Carlson, Posusta, Smith Stumpf and Thielen
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.
Adopted this 8th day of December, 2003.,
Mayor
ATTEST:
City Administrator
2003BUDGET. XLS: Resolution Page_
NET CERTIFIED
LEVY
REVENUE
General
$3,527,722
Community Center
$1,018,355
Parks
$653,875
Library
$35,375
HRA
$20,945
DEBT RETIREMENT
Debt Service Fund
$1,201,643
CAPITAL IMPROVEMENTS
Street Reconstruction Fund
$500,000
TOTAL TAX LEVY
$6,957,915
The above resolution was introduced by Councilmember Smith , was duly seconded by Councilmember
Carlson , with the following voting in favor thereof: Carlson, Posusta, Smith Stumpf and Thielen
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.
Adopted this 8th day of December, 2003.,
Mayor
ATTEST:
City Administrator
2003BUDGET. XLS: Resolution Page_