City Council Resolution 1987-27RESOLUTION 87-27
RESOLUTION ADOPTING 1988 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, 1988, 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, 1988, 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, 1988,
and the following sums for the respective purposes indicated therein, upon the
taxable property of the City of Monticello, to wit:
RFVFNTIF
General
$ 840,790
Library
22,624
Shade Tree
9,950
OAA
28,750
HRA
7,750
DEBT RETIREMENT
Debt Service Fund $ 757,856
CAPITAL IMPROVEMENTS
Capital Improvement Revolving $ 153,650
TOTAL TAX LEVY $1,821,370
The above resolution was introduced by Councilmember Fran Fair , was duly
seconded by Councilmember Bill Fair , with the following voting in favor
thereof:
Arve Grimsmo, Fran Fair, Bill Fair, Warren Smith, Dan Blonigen
The following voting in the opposition:
None.
Resolution 87-27
Page 2
The City Administrator is hereby instructed to transmit a certified copy of
this resolution to the County Auditor of Wright County, Minnesota.
Dated: 28 September, 1987
CITY OF MONTICELLO
Arve A. Grimsmo, Mayor
ATTEST:
Rick Wolf ste er
.r
City Administrator