RES 2023-88 Setting a Final Property Tax Levy for Taxes Payable in 2024CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2023-88
SETTING A FINAL PROPERTY
TAX LEVY FOR TAXES PAYABLE IN 2024
WHEREAS, the Otsego City Council has on December 11, 2023, held a public meeting to allow for public comment before
adopting a final budget and certifying a final property tax levy; and
WHEREAS, the Otsego City Council is required by State Statute to establish a final property tax levy for taxes payable in 2024
and certify the final property tax levy to the Wright County Auditor.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
1. That a tax is hereby levied for collection in 2024 upon all taxable properties in the City of Otsego for the purpose and
sums as follows:
General Revenue $6,336,000
Tax Abatement 88,224
GO Improvement Bond, 2018A 102,144
GO Improvement Refunding Bond, 2020A 197,000
Capital Improvement Plan 21265,393
Total Tax Levy 8 988 761
ADOPTED by the Otsego City Council this 11th day of December, 2023.
MOTION BY: Dunlap
SECONDED BY: Goede
IN FAVOR. Stockamp, Dahl, Dunlap, Goede, and Moores
OPPOSED: none
CITY OF OTSEGO
Jessica L. Stockamp, M yor
ATTEST:
w
Audra Etzel; City Clerk
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