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Resolution - 25-09: Adopting Preliminary 2026 Tax Levy CITY OF SPRING PARK SPRING PARK, MINNESOTA RESOLUTION 25-09 A RESOLUTION ADOPTING 2026 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 2026, upon taxable property in the City of Spring Park, for the following purposes: General Revenue Levy: $ 1,745,952 Debt Service Levy: $ 142,279 Total General Fund Levy: $ 1,888,231 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 2, 2025. Approved: A�v Mark Chase, Mayor Attest: 0.11 aie2 jHof"n, Cerk State of Minnesota County of Hennepin Taxing Jurisdiction of I, Clerk of hereby certify that a resolution establishing the levy upon taxable property in said Taxing Jurisdiction was passed by the governing body at a duly convened meeting held on September 2 , 2025. On motion it was resolved that the following sums of money be raised by tax upon the taxable property in said Taxing Jurisdiction for the following purposes for the current year: *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. I further certify that I have compared the foregoing with the original entry of the minutes of the meeting so held on , 2025 as the same are recorded in the Book of Records of said Taxing Jurisdiction, and that the same is a correct transcript therefrom. Given under my hand on this 3rd day of September , 2025. Spring Park 2026 PROPOSED LEVY CERTIFICATION Jamie Hoffman Spring Park 2. Bonded Indebtedness**22,869.00 LEVY ITEM CERTIFIED LEVY* 1. General Revenue 1,865,362.00 Taxing Jurisdiction Clerk TOTAL TAX CAPACITY AND MARKET VALUE BASED LEVIES 1,888,231.00$ A. TOTAL TAX CAPACITY BASED LEVY 1,888,231.00 B. MARKET VALUE BASED REFERENDUM LEVY*** September 2 BOND DESCRIPTION CERTIFIED LEVY Bond 2022A 22,869.00 DEBT SERVICE TOTAL**22,869.00$ ** 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. LEVY CERTIFICATION - DEBT SERVICE SCHEDULE Taxing Jurisdiction Spring Park 1