HomeMy WebLinkAbout2017-168 (proposed tax levy for the payable year 2018) RESOLUTION 2017-168
ADOPTING THE PROPOSED TAX LEVY FOR THE PAYABLE YEAR 2018
BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota, that the sum of$12,816,815
is hereby levied against all of the taxable property of the City of Stillwater, Washington County,
Minnesota, for City purposes for the payable year 2018.
FURTHER BE IT RESOLVED, that the sum of$42,700 is hereby levied against all taxable properties
within the WMO (Waste Management Organization) parcel-specific taxing district of the City of Stillwater,
Washington County, Minnesota, for City purposes for the payable year 2018.
The Levy consists of the following:
GENERAL TAX LEVY: $9,379,459
DEBT SERVICE TAX LEVY:
Fund Reciuired Levy for 2017 Amount
312 G.O. Capital Outlay 2012A $541,330
314 G.O. Capital Outlay 2014A $708,478
319 G.O. Capital Outlay 2009B $103,241
324 G.O. Capital Outlay 2014 (Armory) $85,000
326 G.O. Capital Outlay 2016A $812,333
327 G.O. Capital Outlay 2017A $400,016
329 G.O. Capital Outlay 2009D $336,958
Subtotal $2,987,356
New Debt
318 G.O. Capital Outlay 2018 $450,000
Total Debt Service Tax Levy $3,437,356
TOTAL CITY-WIDE LEVY $12,816,815
PARCEL-SPECIFIC LEVY
WMO Levy $42,700
CANCEL LEVY
389 G.O. Sport Facility Revenue 20090
Adopted by the Council this 5th day of September, 2017.
Ted Kozlowski, M r
ATTEST:
Diane F. Ward, City Clerk