97-10CITY OF OTSEGO
COUNTY OF WRIGHT, MINNESOTA
RESOLUTION NO. 97-10
RESOLUTION APPROVING A PROPOSED TAX LEVY
FOR 1998 BUDGET APPROPRIATIONS
NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that
there is hereby approved for proposed expenditures from general taxes, the following
sums for the purpose indicated:
GENERAL GOVERNMENT $908,360
PARK DEVELOPMENT $ 15,000
BONDED INDEBTEDNESS $ 29,550
TOTAL PROPOSED LEVY $952,910
LESS HACA $146.855
TOTAL LEVY TO BE CERTIFIED 5$06„055
FURTHER BE IT RESOLVED that as required by Truth in Taxation
Legislation, the City Clerk shall certify to the Wright County Auditor a copy of this
Resolution approving a proposed levy of $806,055 for 1998 Budget Anppopriations for
the City of Otsego.
Dated this 8TH Day of September, 1997
CITY OF OTSEGO
Lar, rn'er, Mayor
A EST•
Elaine Beatty, City Clerk/Zonin Administrator
City of Otsego
Summary Of Prposed 1998 Tax Levy
1998
1997
Revenue $ 761,505
$ 722,758
Bonds 29,550
52,700
Parks 15,000
15,000
$ 806,055
$ 790,458
Percent Increase 1.97%
Proposed Levy Certification
STATE of MINNESOTA return by September 15, 1997
COUNTY of WRIGHT City Taxes Voted
City of Otsego
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To the AUDITOR of Wright County: 1 hereby certify that the Council for the City of Otsego, County of Wright, Minnesota, did at a meeting
on
September 8,
1997 levy the following amount to be raised by taxation for the City of Otsego for the taxable year 1998,
viz:
i
(A) i (B) i
(C) i (D) i (E)
................................................................................ j.......................................................................................................................
1997 i 1997 i
1997 i 1997 i 1997 1 1997 i i (A) i (B) i (C)
i
Budget
Other Tax Tax Fund 1998 1998 1998
. . . . . . .. . .
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Requirements LGA
HACA Resources Levy ; Rates Budget
... ...................... ...i...
.............. .........................................................
Requirements LGA i HACA
971.417.. j.......101,805...�...146,854
722,758 29.578 i Revenue..................... j.............. r
�
. ............................'j...... ..................... ...........'j.......146,18
...
...........52,700..............................j.....................j............................. j.. ...52,700.. x.....2:157 Bonds ............................ I .......... 29.i.55Q... .............................. I ........................... F
15,000
15,000 0.614 Parks 1 15.000 1 !
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1998 i ( A -B -C -D - E )
Other Certified
Resources ; Levy
i4 6 I
1,039,117 ; 101,805 ; 146,854 ; 0 ; 790,458 ; 32.349 ; Total '1,290,603.i 112,547 ; 146,855 i 225,146 i 806#055
Market Value Based Referendum Levy $ 0.00
'Do not include a-nyy,�Disparity Re ction Aid or Fiscal Disparity taxes.
Dated this _L : dayy of 1997.
111� Xo'
' EI)ane Beatty, Clerk
CITY OF OTSEGO