File #: 19-0637R    Name:
Type: Resolution Status: Passed
File created: 9/12/2019 In control: Finance
On agenda: 9/23/2019 Final action: 9/23/2019
Title: RESOLUTION PROPOSING THE SUM TO BE RAISED BY TAXATION FOR THE SPECIAL TAXING DISTRICT, DULUTH TRANSIT AUTHORITY, FOR THE YEAR 2020.
Attachments: 1. Exhibit A, 2. Exhibit B

Title

RESOLUTION PROPOSING THE SUM TO BE RAISED BY TAXATION FOR THE SPECIAL TAXING DISTRICT, DULUTH TRANSIT AUTHORITY, FOR THE YEAR 2020.

 

Body

CITY PROPOSAL:

 

                     RESOLVED, that pursuant to Minnesota Statutes, Sec. 275.065, the city council adopts the following proposed tax levy:

 

                                          Section 1.                     The sum to be raised by taxation for the year 2020 for Duluth Transit Authority special taxing district’s operations is hereby determined to be the sum of $1,666,900 which sum is levied against the taxable property of the city of Duluth and appropriated to the various accounts as set forth in the following section, see Exhibit A.

 

                                          Section 2.                     That pursuant to Minnesota Statutes, Sec. 458A.31, Subd. 1, there will be levied for transit operations the sum of $1,666,900.

 

Statement of Purpose

STATEMENT OF PURPOSE:  This resolution sets the proposed property tax levy for the year 2020 for the special taxing district, Duluth Transit Authority (DTA). Although the transit authority is a special taxing district per Minnesota Statute 275.066, the city is obligated through council resolution to levy on their behalf.

 

The full levy allowable by law in Minnesota State Statute 458A.31 of .07253 percent of market value for 2020 is in excess of $5.2 Million. The DTA, in reviewing their needs for 2020, is opting not to request the full levy available. Instead, the DTA is requesting $175,000 more than 2019 for capital projects and to replace tourism taxes that support the trolley services.