City Council Resolution 1997-47RESOLUTION 97-47
RESOLUTION ADOPTING THE PRELIlVIINARY 1998 BUDGET
AND SETTING A PRELIlVIINARY 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, 1998, 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 preliminary budget for the fiscal year commencing January 1, 1998, 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, 1998, the following preliminary sums for the respective purposes
indicated therein upon the taxable property of the City of Monticello, to wit:
R.FVFNi TH;
General
Library
OAA
HRA
Transportation
DEBT RETIREMENT
Debt Service Fund
NET CERTIFIED
$2,451,100 $259,157 $2,191,943
31,095 31,095
2,175 2,175
14,795 14,795
16,612 16,612
1,232,807 1,232,807
CAPITAL IMPROVEMF_1VT
Capital Improvement Revolving
TOTAL TAX LEVY
$4,276,170 $259,157 $4,017,013
The above resolution was introduced by Councilmember Stumpf, was duly seconded by Councilmember
Thielen, with the following voting in favor thereof:
Bill Fair, Brian Stumpf, Bruce Thielen, Roger Carlson
The following voting in the opposition: Clint Herbst
The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County
Auditor of Wright County, Minnesota.
Dated this 8th day of September, 1997.
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City Administr r
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Mayor