HomeMy WebLinkAbout2025-036CITY OF GEM LAKE, MN
RESOLUTION NO. 2025-36
A RESOLUTION ADOPTING THE FINAL GENERAL FUND BUDGET AND FINAL
AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2026
WHEREAS, the City Treasurer has presented a TOTAL (Proposed) Budget of $707,357.00
which includes a General Tax Levy of $630,052.00 and a Debt Tax Levy of $85,778.00 for fiscal
and calendar year 2026 based upon best estimates of costs for running the City of Gem Lake in
2026; and
WHEREAS, the City Council did review, on December 16, 2025, the TOTAL Budget and Tax
Levy for 2026 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 2026 Final General Fund Budget of $707,357.00 and the Final Property Tax
Levy as follows:
General Property Tax Levy $611,435.00
Debt Levy 83,370.00
Fiscal Disparities 21,025.00
Total Property Tax Levy $715,830.00 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 PATRICK
Vote Y A Y Y Y
Attest
I, Barbara Suciu, 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.
December 16, 2025
Barbara Suciu, City Clerk Date