Resolution 2024-004: Resolution for 2024 Town Levy

TOWN OF PEQUAYWAN
ST. LOUIS COUNTY, MINNESOTA

 WHEREAS, during the Annual Town Meeting held on March 12, 2024, at 8764 Pequaywan Lake Road, Duluth, Minnesota, the amount of $60,000.00 for 2025 Town Levy was motioned,  seconded, and motion carried;

WHEREAS, the Pequaywan Fire Department requested the amount of $25,000.00 for year 2025 which was motioned and seconded at the Annual Town Meeting, motion carried;

WHEREAS, distribution are as follows: General Fund – $5,000.00; Road and Bridges (On-going Maintenance) – $5,000.00; Building/Property Maintenance Fund $0.00; Fire and EMS – $15,000.00; and Road and Bridges (Capital Reserve) – $35,000.00;

WHEREAS, the treasurer presented total levy which was not increased from 2024. The Levy for Roads and Bridges (Capital Reserve) was set at $35,000.00 to make up for the lowered Levy in 2023 and 2024. It was discussed that we should build up this fund in order to be in a better position to apply for matching funds grants for road improvements. The computation was presented as follows:

SUMMARY Estimated Balance 1/1/2025 2025 General Levy (Receipts) 2025 Budget (Disburse ments) Estimated Balance 12/21/2025
General Fund $46,900.00 $5,000.00 $ 30,000.00 $21,900.00
Road and Bridges (On-going Maintenance 3,750.00 5,000.00 5000.00 3,750.00
Fire and EMS 21,900.00 15,000.00 25,000.00 11,900.00
Building/Property Maintenance Fund 7,500.00 0.00 0 7,500.00
Roads and Bridges (Capital Reserve) 184,400.00 35,000.00 0 219,400.00
Total 264,450.00 $60,000.00 $60,000.00 264,450.00

NOW, THEREFORE BE IT RESOLVED, that the Town Board of Pequaywan, St, Louis County, Minnesota, hereby adopt a resolution for a Town Levy of $60,000.00 for year 2025with $25,000.00 going to Pequaywan Fire Department.

Amendments. The Board may amend this policy by resolution.

Adopted this 9th day of April, 2024.

BY THE PEQUAYWAN TOWN BOARD:

Approved by Supervisors Douglas Dressen, Douglas Nelson, James Wilson; and attested by Clerk Lita Wallace