Resolution 2024-028 Final Budget & Levy

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City of Gem Lake County of Ramsey State of Minnesota Resolution No. 2024-0028 A RESOLUTION ADOPTING THE FINAL GENERAL FUND BUDGET AND FINAL AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2025 WHEREAS, the City Treasurer has presented a TOTAL (Proposed) Budget of $690,877.00 which includes a General Tax Levy of $658,290.00 and a Debt Tax Levy of $83,736.00 for fiscal and calendar year 2025 based upon best estimates of costs for running the City of Gem Lake in 2025; and WHEREAS, the City Council did review, on December 17, 2024, the TOTAL Budget and Tax Levy for 2025 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 2025 Final General Fund Budget of $690,887.00 and the Final Property Tax Levy as follows: General Property Tax Levy $611,710.00 Debt Levy 83,736.00 Fiscal Disparities 23,290.00 Total Property Tax Levy $718,736.00 and; 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 Johnson and was declared adopted based upon the following vote: NAME ARTIG-SWOMLEY CACIOPPO LINDNER JOHNSON AMLEE Vote Yes Absent Yes Yes Yes Attest I, Melissa Lawrence, the duly qualified Acting 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. Melissa Lawrence December 17, 2024 Melissa Lawrence, Acting City Clerk Date