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9.c 09-17-19-02 Preliminary Property Tax Levy for 2020 RESOLUTION NO. 09-17-19-02 CITY OF SCANDIA, MINNESOTA RESOLUTION CERTIFYING MAXIMUM PROPERTY TAX LEVY PAYABLE IN 2020 WHEREAS, the City of Scandia has prepared a draft of the budget for the fiscal year commencing January 1, 2020; and WHEREAS, the budget requires funds to be raised from taxes on taxable property in the City of Scandia; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCANDIA, WASHINGTON COUNTY, MINNESOTA, that the following sums of money are the maximum amounts to be raised by property taxes payable in 2020: General Purpose 2020 Property Tax Levy General Fund $1,484,700 Debt Service Funds 498,730 Park Improvement Fund $30,000 Equipment Replacement Fund $30,000 Local Road Improvement Fund 381,516 Economic Development Authority 5,000 Total Property Tax Levy $2,429,946 FURTHER BE IT RESOLVED, that said maximum property tax levy shall be certified to the County Auditor of Washington County. FURTHER BE IT RESOLVED, that the City will hold its Truth in Taxation public hearing on December4, 2019. Adopted by the Scandia City Council this 17th day of September, 2019. ______________________________ Christine Maefsky, Mayor ATTEST: _________________________________ Brenda Eklund, Deputy Clerk