HomeMy WebLinkAbout2024-110 (Adpoting the proposed Tax Levy for the Payable Year 2025)City of Stillwater
Washington County, Minnesota
RESOLUTION 2024-110
ADOPTING THE PROPOSED TAX LEVY FOR THE PAYABLE YEAR 2025
BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota, that the
sum of $20,300,533 is hereby levied against all of the taxable property of the City of Stillwater,
Washington County, Minnesota, for City purposes for the payable year 2025.
FURTHER BE IT RESOLVED, that the sum of $41,800 is hereby levied against all
taxable properties within the WMO (Watershed Management Organization) parcel -specific
taxing district of the City of Stillwater, Washington County, Minnesota, for City purposes for
the payable year 2025.
The Levy consists of the following:
GENERAL TAX LEVY: $15,811,130
DEBT SERVICE TAX LEVY:
Fund
Required Levy,for 2025
Amount
314
G.O. Capital Outlay 2014A
478,213
326
G.O. Capital Outlay 2016A
240,660
327
G.O. Capital Outlay 2017A
173,129
318
G.O. Capital Outlay 2018A
477,978
339
G.O. Capital Outlay 2019A
428,663
321
G.O. Capital Outlay 2021 A
402,675
322
G.O. Capital Outlay 2022A
578,130
323
G.O. Capital Outlay 2023A
584„955
Subtotal
$3,3645403
New Debt
G.O. Capital Outlay 2024
750,000
G.O. Capital Outlay 2025
375,000
Total Debt Service Tax Levy
_ .._.
$4,489,403
TOTAL TAX LEVY
$20,300,533
PARCEL -SPECIFIC LEVY
WMO Levy
$41,800
Adopted by the Stillwater City Council this 17th day of September, 2024.
Ted Kozlowski, Mayor
ATTEST:
Beth Wolf, City Cler