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Resolution - 23-16: Adopting Preliminary Tax Levy CITY OF SPRING PARK SPRING PARK, MINNESOTA RESOLUTION 23-16 A RESOLUTION ADOPTING 2024 PRELIMINARY TAX LEVY BE IT RESOLVED by the City Council of the City of Spring Park, County of Hennepin, Minnesota, that the following sums of money be levied for the current year, collectible in 2024, upon taxable property in the City of Spring Park, for the following purposes: General Revenue Levy: $1,479,483.00 Debt Service Levy: $142,279.00 Total General Fund Levy: $1,621,762.00 The City Clerk is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Hennepin County, Minnesota. Adopted by the City Council of the City of Spring Park, Minnesota on September 18, 2023. Ap Jerome P ockvam, Mayor Attest: mie Hoffman, jokfoerk HENNEPIN COUNTY MINNESOTA State of Minnesota County of Hennepin Taxing Jurisdiction City of Spring Park 2024 PROPOSED LEVY CERTIFICATION I, Jamie Hoffman Clerk of City of Spring Park hereby certify that the following Resolution establishing the levy upon taxable property in said Taxing Jurisdiction was passed by the governing body at a duly convened meeting held on 9/18/2023 LEVYlTEM I CERTIFIED LEVY* 1. General Revenue 1,479,483.00 2. Bonded Indebtedness** 142,279.00 CAPACITYA. TOTAL TAX 00 B. MARKET VALUE BASED REFERENDUM LEVY*** CAPACITYTOTAL TAX 0i *The levy amount by line item should already be reduced by Local Government Aid(LGA) and other resources used to finance your taxing jurisdiction's budget. **Provide a breakdown of the certified levy by individual bond on page 2. ***Per M.S. 275.61, Levies for the payment of debt obligations that are approved by voters after June 30, 2008 must be levied on net tax capacity. Given under my hand this 20th day of September 2023 Taxing Jurisdic i HEN NEPIN COUNTY MINNESOTA LEVY CERTIFICATION - DEBT SERVICE SCHEDULE Taxing Jurisdiction County of Hennepin BOND DESCRIPTION Bond 2010A 11,248.00 Bond 2015A 107,453.00 Bond 2022A 23,578.00 TOTAL'DEBT SERVICE 00 ** This must match the totals for debt service reported on page 1. Per M.S. 475.61 all debt must be accounted for in the resolution. If the amount levied is less than the required amount from the payment schedule for the bond, you must submit a resolution stating that there are sufficient funds for that bond. This can be included in the same resolution with your levy. 1