City Council Resolution 1988-44RESOLUTION 88- 44
RESOLUTION ADOPTING 1989 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, 1989, and;
WHEREAS, the City Council has reviewed the same, and has made such changes
therein as appeared 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, 1989, 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 on January 1, 1989,
and the following sums for the respective purposes indicated therein, upon the
taxable property of the City of Monticello, to wit:
The above
was duly
voting in
REVENUE
General $1,019,800
Library $ 25,025
OAA $ 28,100
HRA $ 16,760
DEBT RETIREMENT
Debt Service Fund $ 780,516
CAPITAL IMPROVEMENTS
Capital Improvement Revolving $ 327,807
TOTAL TAX LEVY $2,198,008
resolution was introduced by Councilmember
seconded by Councilmember warren smith
favor thereof:
Bill Fair ,
with the following
Bill Fair, Warren Smith, Arve Grimsmo
Resolution 88- 44
Page 2
ATTEST:
l/C_/ ~%e~C-l~-
Ci y Admin' trator
The following voting in the opposition:
Dan Blonigen
The City Administrator is hereby instructed to transmit a certified copy of
this resolution to the County Auditor of Wright County, Minnesota.
Dated: 11 October, 1988
CITY OF MONTICELLO
Mayor