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City Council Resolution 2010-81CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2010-81 ADOPTING THE 2011 BUDGET AND SETTING THE TAX LEVY WHEREAS, the Finance Director 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, 2011; 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 Finance Director, 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, 2011; 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, 2011, 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 $5,337,622 Community Center $1,100,000 Library $36,750 Shade Tree $33,500 DEBT RETIREMENT Debt Service Fund $1,144,437 CAPITAL IMPROVEMENTS Street Reconstruction Fund $25,000 TOTAL TAX LEVY $7,677,309 ADOPTED BYthe Monticello City Council this 13th day of December, 2010. CITY OF MONTICELLO Clint Herbst, Mayor ATTEST: Jeff , City Administrator The above resolution was introduced by Councilmember Stumpf and was duly seconded by Councilmember Posusta The following voting in favor: Clint Herbst, Tom Perrault, Glen Posusta, Brian Stumpf The following voted in opposition: None Absent: Susie Wojchouski CERTIFICATION STATE OF MINNESOTA COUNTY OF WRIGHT I hereby certify that the foregoing is a true and correct copy of a resolution duly passed, adopted and approved by the Monticello City Council at their scheduled meeting on December 13, 2010, and recorded in minutes of said meeting. Notary Public: PATRICIA K. KOVICH NOTARY PUBLIC - MINNESOTA *Condon Expires Jan. 31, 2015 -------------------------- .r� . J eill, City Administrator Date / z-lt `f%r v