HomeMy WebLinkAbout2015-170 RESOLUTION NO. 2015-170
ADOPTING THE PROPOSED TAX LEVY FOR THE PAYABLE YEAR 2016
BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota, that the sum of$12,030,567
is hereby levied against all of the taxable property of the City of Stillwater, Washington County,
Minnesota, for City purposes for the payable year 2016.
FURTHER BE IT RESOLVED, that the sum of$41,800 is hereby levied against all taxable properties
within the WMO (Waste Management Organization)taxing district of the City of Stillwater,Washington
County, Minnesota, for City purposes for the payable year 2016.
The Levy consists of the following:
CITY WIDE LEVY:
General Revenue Tax Levy $8,365,422
Debt Service Tax Levy:
Fund Required Levy
309 G.O. Capital Outlay 2009A $221,708
312 G.O. Capital Outlay 2012A $916,165
314 G.O. Capital Outlay 2014A $720,973
315 G.O. Capital Outlay 2005B $284,222
319 G.O. Capital Outlay 2009B $103,819
324 G.O. Capital Outlay 2014(Armory) $85,000
329 G.O. Capital Outlay 2009D $360,006
325 G.O. Capital Outlay 2015 $250,000
385 G.O. Sports Center 2005C $248,252
Subtotal $3,190,145
New Debt
336 Improvement Bonds $125,000
326 G.O. Capital Outlay 2016 $350,000
Total Debt Service Tax Levy $475,000
Total Debt Service Levy $3,665,145
TOTAL CITYWIDE TAX LEVY $12,030,567
PARCEL-SPECIFIC LEVY
WMO Levy $41,800
Adopted by the Council this 15th day of September, 2015.
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Ted Kozlowski, Mayor
ATTEST:
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Diane F.Ward, City Clerk