HomeMy WebLinkAbout2019-100 (Adopting the Proposed Tax Levy for the Payable Year 2020) RESOLUTION 2019-100
ADOPTING THE PROPOSED TAX LEVY FOR THE PAYABLE YEAR 2020
BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota, that the sum of$14,609,703
is hereby levied against all of the taxable property of the City of Stillwater, Washington County,
Minnesota, for City purposes for the payable year 2020.
FURTHER BE IT RESOLVED, that the sum of$44,400 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 2020.
The Levy consists of the following:
GENERAL TAX LEVY: $ 10,587,577
DEBT SERVICE TAX LEVY:
Fund Required Levy for 2020 Amount
312 G.O. Capital Outlay 2012A 375,220
314 G.O. Capital Outlay 2014A 711,418
324 G.O. Capital Outlay 2014 (Armory) 85,000
326 G.O. Capital Outlay 2016A 823,883
327 G.O. Capital Outlay 2017A 401,696
329 G.O. Capital Outlay 2009D 311,128
318 G.O. Capital Outlay 2018A 486,431
339 G.O. Capital Outlay 2019A 427,350
Subtotal $ 3,622,126
New Debt
G.O. Capital Outlay 2020 400,000
Total Debt Service Tax Levy $ 4,022,126
TOTAL TAX LEVY $ 14,609,703
PARCEL-SPECIFIC LEVY
WMO Levy $44,400
Adopted by the Council this 3rd day of September, 2019. -2•14.4 ‘
Ted Kozlowski, Mayor
ATTEST:
Chd
Beth Wolf, City rk