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City Council Resolution 1994-29RESOLUTION 94-29 RESOLUTION ADOPTING THE PRELIMINARY 1995 BUDGET AND SETTING A PRELIMINARY 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, 1995, 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, 1995, 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, 1995, the following preliminary sums for the respective purposes indicated therein upon the taxable property of the City of Monticello, to wit: REVENUE General Library OAA HRA Tree Transportation DEBT RETIREMENT Debt Service Fund LEVY $1,853,305 30,735 29,450 17,850 25,960 16,816 $ 706,400 HACA $184,167 -0- 2,875 1,762 2,535 1,638 69,055 NET CERTIFIED LEVY $1,669,138 30,735 26,575 16,088 23,425 15,178 637,345 CAPITAL IMPROVEMENTS Capital Improvement Revolving 481,558 47,077 434,481 TOTAL TAX LEVY $3,162,074 $309,109 $2,852,965 The above resolution was introduced by Councilmember Clint Herbst, was duly seconded by Councilmember Shirley Anderson, with the following voting in favor thereof: Brad Fyle, Clint Herbst, Shirley Anderson, Warren Smith, Dan Blonigen 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 6th day of September, 1994.