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HomeMy WebLinkAbout2019-008 PRELIMINARY LEVYCITY OF GEM LAKE, MN 4200 Otter Lake Road Gem Lake, Minnesota 55110 RESOLUTION NO.2019-08 SEPTEMBER 17, 2019 WM A RESOLUTION ADOPTING THE PRELIMINARY AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2020 WHEREAS, the City Treasurer has presented a (Proposed) General Fund Budget of $563,288.00 which includes a (Proposed) General Tax Levy of $496,938.00 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, these estimates were reviewed by the City Council on 17 September, 2019 and amended based upon best information received from outside contractors and input from the City Council NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Gem Lake does formally adopt the 2020 Preliminary General Fund Budget of $563,288.00 which includes a Preliminary General Tax Levy of $496,938.00 and a Preliminary Debt Levy of $81,835.00 for 2020 as prepared by the City Treasurer and amended by the City Council; 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 Councilor Lindner and was supported by Councilor Artig-Swomley and was declared adopted based upon the following vote: NAME UZPEN CACIOPPO LINDNER KUNY ARTIG- SWOMLEY Vote Yes Yes Yes Yes Yes Attest 1, Gloria Tessier, 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. 17 September 2019 GL RIA TESSIER, Acting City Clerk Look for us on the World Wide Web at gemlakemn.org