01-048-O
ORDINANCE NO. __________

AN ORDINANCE DETERMINING THE SUM TO BE RAISED BY TAXATION FOR GENERAL PURPOSES FOR THE YEAR 2002.

BY COUNCILOR HOGG:

The city of Duluth does ordain:

        Section 1.     The sum to be raised by taxation for the year 2002 for general operations is hereby determined to be the sum of $9,038,100 which sum is levied against the taxable property of the city of Duluth and appropriated to the various accounts of the city, as set forth in the following sections, viz:

        Section 2.     There will be levied for the support of the general fund the sum of $4,228,400.

        Section 3.     For the pay of debt, there will be levied for the general obligation debt fund the sum of $3,837.500.

        Section 4.     For the pay of debt for the Duluth transit bonds, there will be levied the sum of $382,200.

        Section 5.     That pursuant to laws of Minnesota 1971, Chapter 824, to pay for the portion of the cost of local improvements which will not sustain a special assessment, there will be levied for the permanent improvement fund the sum of $590,000.

        Section 6.     That this ordinance shall take effect January 1, 2002.



STATEMENT OF PURPOSE:  This ordinance sets the 2002 levy at the same amount as that proposed by the mayor and established as the maximum levy by the city council at its September 10, 2001, meeting. The levy of $9,038,100 is 6.43 percent lower than the 2001 levy and reflects an overall decrease of $620,600. Beginning in the year 2002, the Duluth transit authority and the Duluth Seaway Port authority will be treated as special taxing districts, and therefore will not be part of the city's levy. However, the city must continue to levy on their behalf as special taxing districts.