CCP 08-31-1992 - Laserfiche WebLink

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c..-----___"-......,........._.. ,.,',."" " '. *'" Allowable "Add-on" Levies )/ 1. The fOllowinfc levies by statutory authorization may be "added-on" to the city's propbsed . property tax ery and result in a final levy that is greater than the proposed levy; )f: (A) Levy increases approved by the voters at a referendum after the proposed levy was ~ certified; (D) The amount of a levy to pay the principal and interest on bonds issued or approved by the voters under M,S, 475.58 after the proposed levy was certified. This applies to bonds approved by the voters after the proposed levy was certified, as well as to bonds not requiring voter approval as provided in M.S. 475.58 that were issued after the proposed kv)' wtu. \:cllificJ. Tlill; Jut's nut apply to capital notes or certificates of indebtedness; (C) The amount of a levy to pay the clean up costs due to a natural disaster that occu.rred after the proposed levy was certified, if the city appeals to the Commissioner of Revenue for the authorization to make this additional levy and receives the Commissioner's approval. The Commissioner's approval may be in the amount requested or in a Jesser amount determined by the Commissioner based upon the infonnatiol1 submitted in support of the appeal, The Commissioner's decision is final; and CD) The amount ofa levy to pay the costs of a tort judgment that became final after the proposed levy was certifie,d, if the city appeals to the Commissioner of Revenue . for the authorization to make this additional levy and receives the Conunissioner's approval. The amount requested cannot exceed the lesser of$50,OOO or ten percent of the city's proposed property tax levy. The Commissioner's approval may be in the amount requested or in a lesser amount detennined by the Commissioner based upon the information submitted in support of the appeal. The Commissioner's decision is final. Cettlfication of Final Property Tax Levy 1. Each city within the COUllty must certify its finalcbopertb tax levy to the county auditor no later than 5 working days after December 20 ecem er 28, 1992), No exceptions or extensions will be gran ted, " 2, Market value based referendum taxes must be certified separately from the rest of the city's final property tax levy. 3. The fmal property tax le~ certified by a city cannot exceed the proposed property tax levy except as the result of one or more of the allowable "add-on" levies mentioned aoove. . .5-