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RESOLUTION 96-91
RESOLUTION CERTIFYING PROPOSED 1997
CITY OF PRIOR LAKE PROPERTY TAX LEVY TO
SCOTT COUNTY AUDITOR
MOTION BY: Andren
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
SECOND BY:
Greenfield
Truth in taxation provisions as specified by property tax legislation requires a
proposed property tax levy certification to the County Auditors' Office of Scott
County; and
The City Council of the City of Prior Lake anticipates a 1997 General Fund
Operating Budget increase of approximately 7% which would amount to
$6,153,718.00, exclusive of enterprise fund expenditures, and subject to approval by
the City Council following the course of public hearings scheduled for the month of
December; and
The total proposed property tax levy approved has been determined to be
$3,852,948.00; and
The proposed City of Prior Lake property tax levy for the year payable 1997
represents an increase of 5.85% inclusive of the transit levy; and
The City shall conduct a public hearing at 8:00 P.M. Wednesday December 4, 1996
in the Prior Lake Council Chambers for the purpose of review and discussion of the
City's proposed budget and a continuation hearing, if necessary, shall be scheduled
for Wednesday December 11, 1996; and
The City Council will approve the 1997 General Operating Budget and the Final
1997 Property Tax Levy during a subsequent meeting on Monday December 16,
1996.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the
proposed tax levy be distributed upon the taxable property in said City for the following purposes in
payable 1997:
*
*
*
*
Purpose
Amount
For General City Purposes
For Transit Services
G.O. Improvement Bonds '87 (Carriage Hill)
G.O. Improvement Bonds '88 (North Shore Oaks)
$2,731,885.00
$239,143.00
$10,000.00
$45,000.00
RES9691.DOC
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
x
G.O. Improvement Bonds '92 (Downtown Overlay)
G.O. Improvement Bonds '93 (Waterfront Passage)
G.O. Improvement Bonds '94 (Prior South)
G.O. Improvement Bonds '95 (Ridgemont)
G.O. Improvement Bonds '96 (Northwood)
Capital Park Bonds of '73 & '77
Fire Hall Referendum Bond '93
$110,000.00
$285,000.00
$64,500.00
$95,000.00
$72,300.00
$34,385.00
$165.735.00
x
x
x
x
xx
xxx
Total... $3,852,948.00
Note: Single starred funds shall be spread over the entire consolidated City of Prior Lake.
Note: Double starred funds shall be spread over the consolidated City except for the former Savage
portion subject to annexation.
Note: Triple 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 3rd day of September, 1996.
YES
Andren X Andren
Greenfield X Greenfield
Kedrowski X Kedrowski
Mader Mader
Schenck X Schenck
NO
X
(Seal}
RES9691.DOC