RES 2024-88 Setting a Final Property Tax Levy for Taxes Payable in 2025CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2024-88
SETTING A FINAL PROPERTY
TAX LEVY FOR TAXES PAYABLE IN 2025
WHEREAS, the Otsego City Council has on November 25, 2024, 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 2025
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 2025 upon all taxable properties in the City of Otsego for the purpose and
sums as follows:
General Revenue
Tax Abatement
GO Improvement Bond, 2018A
GO Improvement Refunding Bond, 2020A
Capital Improvement Plan
Total Tax Levy
ADOPTED by the Otsego City Council this 9th day of December, 2024.
MOTION BY:
SECONDED BY:
IN FAVOR:
OPPOSED.
Moores
Goede
Stockamp,
Dunlap
Dahl, Goede, and Moores
1
$7,000,000
87,436
104,308
186,000
2,015,126
CITY OF OTSEGO
Jessica L. Stockamp, Mayor
ATTEST:
r
Audra Etzel, City Clerk