Res. #19-034 - Adopt Final Budget & Tax Levies for 2020

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COUNTY OF ANOKA CITY OF CENTERVILLE Resolution# 19-4.3`i A RESOLUTION ADOPTING FINAL BUDGET AND TAX LEVIES FOR 2020 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE, MINNESOTA WHEREAS,the City Council has given input to staff regarding the 2020 General Fund Budget and Property Tax Levy at-several work sessions in 2019; and WHEREAS,a public hearing to obtain public input on the 2020 General Fund Budget and Property Tax Levy was held by the City Council of the City of Centerville on December 11, 2019; NOW THEREFORE,BE IT RESOLVED by the City Council of the City of Centerville, County of Anoka, State of Minnesota, that the City Budget is hereby adopted as follows: General Fund $2,710,633 BE IT FURTHER RESOLVED that the following sums of money be transmitted to Anoka County for purposes of a preliminary property tax levy for purposes of the Truth in Taxation property taxes notice for the following purposes: General Fund Levy $2,262,145 Debt Service Levies: Anoka Co 30 -Fund 309 - 2012A Police Station Refunding Bonds 74,750 Anoka Co 31 -Fund 352 - 2013A Street Reconstruction 164,300 Anoka Co 34 - Fund 351 - 2016A Street Refunding 218,213 Total Debt Levies $457,263 Total Proposed Tax Levy $2,719,408 BE IT FURTHER RESOLVED that because sufficient funds have been irrevocably deposited into the debt service fund,the following levy amounts are hereby cancelled: Anoka Co 34 -Fund 351 -2016A Street Refunding $40,000 Anoka Co 32 - Fund 348 - 2013A Street Reconstruction 216,100 Anoka Co 33 - Fund 352 - Cable TV Capital Note 7,656 Total Cancelled Levy $263,756 BE IT FURTHER RESOLVED that the City Administrator is hereby instructed to transmit a certified copy of this resolution to the county auditor of Anoka County, Minnesota along with all required documentation. Passed and Adopted by the City of Centerville this 1 lth day of December, 2019.. Mayor, Jeff Paar City Clerk, Teresa Bender