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WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
RESOLUTION 99-86
RESOLUTION CERTIFYING PROPOSED 2000
CITY OF PRIOR LAKE PROPERTY TAX LEVY TO
SCOTT COUNTY DEPARTMENT OF TAXATION
MOTION BY: Schenck
SECOND BY: Petersen
Truth in taxation provIsions as specified by property tax legislation requires a
proposed property tax levy certification to the Scott County Department of Taxation;
and
The City Council of the City of Prior Lake anticipates a 2000 General Fund Operating
Budget increase of approximately 2%% which would amount to $7,326,610.00,
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
$4,868,728.00; and
The City of Prior Lake hereby certifies that the levy certification rate will increase for
payable 2000 property taxes; and
The proposed City of Prior Lake property tax levy for the year payable 2000
represents an increase of 1.4%; and
The City shall conduct a public hearing at 7:30 P.M. Monday December 6, 1999 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 Monday December 13, 1999; and
The City Council will approve the 2000 General Operating Budget and the Final 2000
Property Tax Levy during a subsequent meeting on Monday December 20, 1999.
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 2000:
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 1 Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
Purpose Amount
* For General City Purposes $2,917,559.00
* For Opt-out Transit Purposes $317,459.00
* Revolving Equipment Fund $250,000.00
* G.O. Improvement Bonds '93 (Waterfront Passage) $178,000.00
* G.O. Improvement Bonds '94 (Prior South) $65,000.00
* G.O. Improvement Bonds '95 (Ridgemont) $110,000.00
* G.O. Improvement Bonds '96 (Northwood) $70,000.00
* G.O. Improvement Bonds '97 (Pike Lake) $85,000.00
* G.O. Improvement Bonds '98 (Duluth) $77,000.00
* G.O. Improvement Bonds '99 (Candy Cove) $84,000.00
** Fire Hall Referendum Bonds '93 $162,340.00
** Park Referendum Bonds '97 $552.370.00
Total... $4,868,728.00
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 7th day of September, 1999.
YES NO
Mader Mader X
Kedrowski X Kedrowski
Petersen X Petersen
Schenck X Schenck
Wuellner X Wuellner
{Seal}