80-2880 CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
firRESOLUTION NO. 80-2880
A RESOLUTION APPROVING 1980 TAX LEVY
COLLECTIBLE IN 1981.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HOPKINS,
MINNESOTA, that the following sums of money be levied for the current
year collectible in 1981 upon the taxable property in said City of
Hopkins, for the following purposes:
General Fund $1, 656, 303
Debt Service Fund 22, 975
Total $1, 679,278
Provision has been made for the payments of the City' s contributory
share to the Public Employees Retirement Association.
Provision has also been made for the payment of principal and
interest on the following bond issues:
III. P. I.R. Fund Issue of 4-1-64
P. I.R. Fund Issue of 7-1-72
Water Revenue Bonds of 6-1-67
Sanitary Sewer Revenue Bonds of 7-1-70
Redevelopment Bonds of 11-1-77
Water Revenue (E.D.A. ) of 12-20-77
Redevelopment Bonds of 11-1-78
BE IT FURTHER RESOLVED, that the City Clerk is hereby ordered
and directed to transmit a certified copy of this resolution to the
County Auditor of Hennepin County, Minnesota.
Passed and adopted by the Council of the City of Hopkins, Minnesota,
at a regular meeting of the Council held the 7th day of October, 1980.
/� �j
. - re A. Miller, Mayor
S
ATTEST:
..%,eC'-2'- ,fi t°.- 7_21
2/1-
H. cha dson, City Clerk
October 2, 1980
To: Mayor & Council
From: Wm. P.Craig, City Manager
Re: Budget changes
As a result of two budget hearings the following changes have
been made:
Increases :
Zoning & Planning - Conferences $800
Municipal Bldgs. - New Microphone System 3, 000
Total Increase $3, 800
4111 Decreases :
Recreation - Playground Study $7, 500
- Capital Outlay (Car) 5, 500
- Program Development 10, 000
Total $23, 000
Hopkins Share - 33. 4% 7, 680
Original Proposed ' 81 Dollar Levy $1, 616, 481
Increase - from above 3, 800
- Decrease in Gov' t Aid 66, 677
$1, 686, 958
Decrease - from above 7, 680
New ' 81 Dollar Levy $1, 679, 278
New ' 81 Mill Rate 17 . 089
See attached for prior years comparisons,.
Respectfully submitted,
e
William P. Craig
City Manager
WPC:dmj
Att:
-"-
CITY OF HOPKINS
ANNUAL BUDGET - 1981
.110 ASSESSED VALUATIONS, TAX LEVIES AND MILL RATES
1977 - 1981
Levied In 1977 1978 1979 1980
Collectible In 1978 1979 1980 1981
Assessed Valuation 75 , 699, 222 78 , 939, 513 84 , 537, 811 98 , 267 , 104
Tax Levy-General 1, 576, 045 1, 556, 386 1, 416 , 944 1, 656, 303
Debt Serv. - 25,279 24 , 284 22 , 975
Totals 1, 576, 045 1, 581, 665 1, 441, 228 1, 679 , 278
Mill Rates
General 20. 818 19 . 700 16. 687 16 . 855
Debt Serv. - . 320 . 286 . 234
Totals 20. 818 20. 020 16. 973 17 . 089
IP!
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