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City Council Resolution 1996-39RESOLUTION 96-39 RESOLUTION ADOPTING THE PRELIMINARY 1997 BUDGET AND SETTING A PRELEMNARY 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, 1997, 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, 1996, 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, 1997, the following preliminary sums for the respective purposes indicated therein upon the taxable property of the City of Monticello, to wit: NET CERTIFIED General $2,137,625 $170,099 $1,967,526 Library 31,095 0 31,095 OAA 1,055 78 977 HRA 14,060 1,094 12,966 Transportation 15,854 1,250 14,604 DEBT RETIREMENT Debt Service Fund 605,022 47,447 557,575 CAPITAL IMPROVEMENTS Capital Improvement Revolving 515,578 40,441 475,137 TOTAL TAX LEVY $3,320,289 $260,409 $3,059,880 The above resolution was introduced by Councilmember Clint Herbst, was duly seconded by Councilmember Tom Perrault , with the following voting in favor thereof: Clint Herbst, Tom Perrault, Brad Fyle, Shirley Anderson, Brian Stumpf 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 this 9th day of September, 1996. City Administrator