2019-016 FINAL BUDGE AND LEVY - Laserfiche WebLink

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CITY OF GEM LAKE, MN City Hall - 4200 Otter Lake Road Gem Lake, MN 55110 �— RESOLUTION NO.2019-16 17 DECEMBER 2019 A RESOLUTION ADOPTING THE FINAL GENERAL FUND BUDGET AND FINAL AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2020 WHEREAS, the City Treasurer has presented a TOTAL (Proposed) Budget of $519,138.00 which includes a General Tax Levy of $451,088.00 and a Debt Tax Levy of $81,835.00 for fiscal and calendar year 2020 based upon best estimates of costs for running the City of Gem Lake in 2020; and WHEREAS, the City Council did review, on December 17, 2019, the TOTAL Budget and Tax Levy for 2020 including all revisions thereto as of the date first written. NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Gem Lake does formally adopt the 2020 Final General Fund Budget of $519,138.00 and the Final Property Tax Levy of $532,923.00 which includes a General Tax Levy of $451,088.00 and a Debt Levy of $81,835.00 for 2020 as prepared by the City Treasurer and amended by the City Council; BE IT FURTHER RESOLVED that the City Clerk is charged with Certifying said Tax and Debt Levy to Ramsey County Property Taxation and other government bodies for whom this information is required. The foregoing Resolution was offered by Councilmember Lindner and was supported by Councilmember Artig-Swomley and was declared adopted based upon the following vote: NAME UZPEN CACIOPPO LINDNER KUNY ARTIG- SWOMLEY Vote Yes Yes Yes Absent yes Attest I, Gloria Tessier, the duly qualified City Clerk for the City of Gem Lake, County of Ramsey, State of Minnesota, do hereby certify that the foregoing Resolution is a true and accurate representation of action taken by the City Council of the City of Gem Lake on the date first written.' r . ? - - 17 DECEMBER 2019 GLORIA TESSIER, City Clerk Look for us on the World Wide Web at gemlakemn.org