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4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
RESOLUTION 08-161
RESOLUTION ADOPTING 2009 PRIOR LAKE BUDGETS AND
CERTIFYING FINAL 2009 CITY OF PRIOR LAKE PROPERTY TAX LEVY
TO SCOTT COUNTY DEPARTMENT OF TAXATION
Motion By: Hedberg
Second By: Millar
The City Council of the City of Prior Lake conducted a Truth in Taxation public hearing
on December 1, 2008 pursuant to state requirements; and
The City Council hereby adopts the following 2009 budgets; and
General Fund $ 12,476,974
Water & Sewer Fund 5,191,706
Water Quality Fund 421,806
Transit Fund 810,120
Total $ 18,900,606
The City of Prior Lake's General Fund operating budget tax levy is hereby equivalent to
$8,630,562; and
The Revolving Equipment Fund levy amount is $250,000; and
Special debt levies account for an additional tax levy of $1,000,993 of which the Scott
County cooperative agreement appropriation of $159,023 for CSAH 82 is included; and
WHEREAS, The total property tax levy approved has been determined to be $9,881,555.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. That the proposed tax levy be distributed upon the taxable property in said City for the following
purposes in payable 2009:
Purpose Amount
* For General City Purposes $ 7,004,828
* Revolving Equipment Fund 250,000
* G.O. Improvement Bonds `99 (Candy Cove) 39,000
* G.O. Improvement Bonds `00 (Oak Ridge) 65,000
* G.O. Improvement Bonds `01 (Frog Town) 55,000
* G.O. Improvement Bonds `02 (Pixie Point) 55,000
* G.O. Improvement Bonds `03 (150th Street) 100,000
* G.O. Improvement Bonds `04 (Breezy Point) 157,000
wwwcityofprorlake.com
Phone 952.447.9800 /Fax 952.447.4245
* G.O. Improvement Bonds '05 (Fish Point) 100,000
* CSAH 82 Improvement Appropriation `06 159,023
* G.O. Street Reconstruction Bonds `07 179,970
* G.O. Improvement Bonds '08 (Brooksville I) 91,000
* G.O. Building Bonds `05 (EDA) 586,120
** Fire Hall Referendum Bonds '08 (Refunding) 166,053
** Park Referendum Bonds `97 660,206
** Fire Station Referendum Bonds `06 213.355
Total... $ 9,881,555
Note: Single starred funds shall be spread over the entire consolidated City of Prior Lake.
Note: Double starred funds represent market value based referendum taxes and shall be spread over
the entire consolidated City of Prior Lake.
Note: All other bond issues have sufficient fund balances to cover debt requirements.
PASSED AND ADOPTED THIS 15TH DAY OF DECEMBER, 2008.
YES NO
Haugen X Haugen
Erickson X Erickson
Hedberg X Hedberg
LeMair X LeMair
Millar X Millar
Frank Boyl s ity Manager
M:\COUNCIL\RESOLUTI\2008\08-161 Adopt 2009 Budget and Levy.doc