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City Council Resolution 1998-57RESOLUTION 98- 57 RESOLUTION ADOPTING THE 1999 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, 1999; 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, 1999; 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, 1999, and the following sums for the respective purposes indicated therein upon the taxable property of the City of Monticello, to wit: REVENUE LEVY HACA NET CERTIFIED LEVY General $2,366,800 $266,562 $2,100,238 Community Center $472,550 $0 $472,550 Parks $660,680 $0 $660,680 Library $31,095 $0 $31,095 Transportation $17,460 $0 $17,460 HRA $15,295 $0 $15,295 OAA $7,000 $0 $7,000 DEBT RETIREMENT Debt Service Fund $1,302,927 $0 $1,302,927 CAPITAL IMPROVEMENTS Capital Improvement Revolving $10,480 $0 $10,480 'ITOTAL TAX LEVY $4,884,287 $266,562 $4,617,725 The above resolution was introduced by Councilmember Bruce Thielen ,was duly seconded by Councilmember Roger Carlson ,with the following voting in favor thereof: Bill Fair, Roger Carlson, Bruce Thielen, Brian Stumpf Resolution 98- The following voting in the opposition: dint xerbst The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Wright County, Minnesota. Adopted this 14th day of December, 1998. ~~ ~• t:~£/ Mayor ATT '~ ~~~ City Administrator