HomeMy WebLinkAbout2018.07.17 Memo Resolution - Award Contract - Masonry (2)CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 09- -18
A RESOLUTION ADOPTING THE PRELIMINARY
2019 CITY PROPERTY TAX LEVY, PRELIMINARY BUDGET,
AND SETTING TRUTH IN TAXATION HEARING DATE
WHEREAS, the City must annually prepare a budget that is responsive,
responsible, and in alignment with our CORE values and strategic plan; and
WHEREAS, departments prepare requests with are discussed and reviewed as a
team and with the Finance Committee of the Council (Vaughan*, Balsanek, Braucks,);
and
WHEREAS, the Finance Committee and the City Council have met several times
over the last few months to discuss the preliminary budget information; and
WHEREAS, the committee has directed the City Administrator and staff to
prepare a preliminary 2019 tax levy and budget, a special levy, and set a truth in
taxation hearing date; and
WHEREAS, provisions of the Minnesota Truth and Taxation Law require Cities to
certify a Proposed Property Tax Levy and City Budget to the County Auditor by October
1, 2018; and
WHEREAS, City staff was directed to set the 2019 City Preliminary levy at
$14,233,201, the Preliminary Budget at $32,976,425, and to schedule a truth in taxation
public hearing date at 7:00 p.m. on Monday, December 3, 2018 in the City Council
Chambers at Hastings City Hall, with a continuation date (if needed) of Monday,
December 17, 2018 ; and
WHEREAS, the City has sufficient cash on hand to reduce the debt levy to
$3,141,681.
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Hastings,
Minnesota; that the preliminary Property Tax Levy of the City of Hastings, for the 2019
City Budget to be certified is hereby adopted as follows:
For Operations:
General Fund 7,689,001
Parks 1,481,436
Aquatic Center 244,036
Internal Vehicle & Equip Fund 180,000
Heritage Preservation 30,724
Fire & Ambulance 1,335,955
Police Reserves 9,150
DUI Enforcement & Forfeitures 1,400
Arena 119,818
Subtotal 11,091,520
For Other:
TIF Bonds 2016A$228,681
For Bonded Debt:
2008A G.O. Improvement Bonds 320,000
2009A G.O. Improvement Bonds 174,000
2010B G.O. Improvement Bonds 230,000
2011 G.O. Improvement Bonds 260,000
2012 G.O. Improvement Bonds 175,000
2013 G.O. Improvement Bonds 91,000
2014 G.O. Improvement Bonds 300,000
2015 G.O. Improvement Bonds 280,000
2016 G.O. Improvement Bonds 351,000
2017 G.O. Improvement Bonds 100,000
2018 G.O Improvement Bonds 255,000
2019 G.O. Improvement Bonds 50,000
Subtotal 2,586,000
Refunded Debt:
2010A G.O. Public Facility Refunding Bonds 100,000
Subtotal 100,000
Equipment Certificates:
2013B Equipment Certificate 100,000
2015 Equipment Certificate 60,000
2016 Equipment Certificate 67,000
Subtotal 227,000
Total City Levy 14,233,201
Adopted this 4 th day of September, 2018.
_______________________________
Attest: Paul Hicks, Mayor
_____________________
Julie Flaten, City Clerk
