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HomeMy WebLinkAbout2020-112 (Final Tax Levy for the Payable Year 2021) RESOLUTION 2020-112 ADOPTING THE FINAL TAX LEVY FOR THE PAYABLE YEAR 2021 BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota, that the sum of $14,949,554 is hereby levied against all of the taxable property of the City of Stillwater, Washington County, Minnesota, for City purposes for the payable year 2021. 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 2021. The Levy consists of the following: GENERAL TAX LEVY: $11,270,799 DEBT SERVICE TAX LEVY: Fund Required Levy for 2021 Amount 312 G.O. Capital Outlay 2012A 373,146 314 G.O. Capital Outlay 2014A 712,573 324 G.O. Capital Outlay 2014 (Armory) 85,000 326 G.O. Capital Outlay 2016A 545,055 327 G.O. Capital Outlay 2017A 399,268 329 G.O. Capital Outlay 2009D 300,300 318 G.O. Capital Outlay 2018A 485,276 339 G.O. Capital Outlay 2019A 428,137 Subtotal $ 3,328,755 New Debt G.O. Capital Outlay 2021 350,000 Total Debt Service Tax Levy $ 3,678,755 TOTAL TAX LEVY $14,949,554 PARCEL-SPECIFIC LEVY WMO Levy $44,400 Adopted by the Council this 1st day of December, 2020. Ted Kozlowski, Mayor ATTEST: Beth Wolf, City Cler