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RESOLUTION 93-107
RESOLUTION ADOPTING 1994 PRIOR LAKE BUDGET
AND CERTIFYING FINAL CITY OF PRIOR LAKE TAX LEVY
TO SCOTT COUNTY AUDITOR
MOTION BY:
WHEREAS,
KEDROWSKI
SECONDED BY:
FITZGERALD
WHEREAS,
WHEREAS,
the City Council of the City of Prior Lake hereby adopts the 1994 Operating
Budget in the amount of $4,775,180.00 following a period of comment and
discussion during the course of a public hearing held December 8, 1993 and
continued until December 15, 1993; and
special debt levies account for $613,000.00 of the aforementioned levy; and
the City of Prior Lake's operating budget tax levy is hereby equivalent to
$2,181,465.00; and
the total property tax levy approved has been detennined to be $2,794,465.00.
WHEREAS,
NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council that the proposed tax
levy be distributed upon the taxable property in said City for the following purposes in payable
1994:
* For General City Purposes
* G.O. Improvement Bonds '87 (Carriage Hill)
* G.O. Improvement Bonds'88 (North Shore Oaks)
* Advance Refunding Bonds '92 (North Shore)
* Advance Refunding Bonds '92 (Water Tower)
* Crossover Refunding Bonds '92 (Downtown Overlay)
* G.O. Improvement Bonds '93 (Waterfront Passage)
** Capital Park Bonds of '73 & '77
*** Fire Hall Referendum Bond '93
$2,033,005.00
36,000.00
12,000.00
125,000.00
100,000.00
100,000.00
240,000.00
37,500.00
110,960.00
$2,794,465.00
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.
4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPWYER
Passed and adopted this 2llih day of December, 1993.
YES
Andren
Fitzgerald
Kedrowski
Scott
White
Andren
Fitzgerald
Kedrowski
t
ite
{Seal}
BUD11.WRT
NO