Res. #24-027 - Budget & Tax Levies for 2025

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COUNTY OF ANOKA CITY OF CENTERVILLE Resolution #24- a Z 7 A RESOLUTION ADOPTING THE BUDGET AND TAX LEVIES FOR 2025 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE,MINNESOTA WHEREAS,the City Council has given input to staff regarding the 2025 General Fund Budget and Property Tax Levy at several work sessions in 2024; and WHEREAS,the City Council has held the Truth in Taxation public hearing and accepted resident input regarding the budget and tax levies; and WHEREAS,the City Council believes the budget and tax levies to be reasonable and in the best interest of the city; and NOW THEREFORE,BE IT RESOLVED by the City Council of the City of Centerville, County of Anoka, State of Minnesota,that the preliminary city budget is hereby adopted as follows: General Fund $3,451,221 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 $3,010,221 Debt Service Levies: Anoka Co 33 -Fund 302—2016 GO Cable TV Capital Note $0 Anoka Co 35 —Fund 353 —2021A GO Special Assmt Refunding 254,850 Total Debt Levy $254,850 Total Proposed Tax Levy $3,265,071 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 33 -Fund 302—2016 GO Cable TV Capital Note $7,662.80 Anoka Co 35-Fund 353 -2021A GO Special Assmt Refunding 15,000.00 Total Cancelled Levy $22,662,80 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 l lth day of December, 2024. -7-3*Q Mayor, D. Love -re X74C2- City Clerk, Teresa Bender