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' "" Agenda Section: 9 .D <br /> Oo <br /> Iniwls REQUEST FOR COUNCIL CONSIDERATION Report Number: 9 2—3 7 7 C <br /> Report Date: 9-10-9 2 <br /> f <br /> � STAFF REPORT Council Action: <br /> 0 Special Order of Business <br /> CITY COUNCIL MEETING DATE September 14, 1992 0 Public Hearings <br /> 0 Consent Agenda <br /> M Council Business <br /> Item Description: ADOPTION OF 1993 PROPOSED PROPERTY TAX LEVY AND THE <br /> SETTING OF A DATE FOR THE 1993 BUDGET HEARING <br /> Administrator's Review/Recommendation: � <br /> - No comments to supplement this report U <br /> - Comments attached. <br /> Explanation/Summary (attach supplement sheets as necessary.) <br /> SUMMARY: <br /> Pursuant to Truth In Taxation Law the following actions must be taken <br /> at the Council Meeting on September 14, 1992 : <br /> 1) A Proposed 1993 Property Tax Levy must be <br /> certified to Ramsey County. <br /> 2) The City must set a date for the public hearing on the <br /> 1993 Budget and the Final 1993 Property Tax Levy. <br /> The attached resolution reflects Council direction regarding the 1993 <br /> Budget. The resolution provides for: <br /> 1) A Proposed 1993 Budget of $3, 180, 361 which is a 4.71% <br /> increase over the 1992 Budget. <br /> 2) A Proposed 1993 Property Tax Levy of $1,781, 539 which <br /> would be a 8.29% increase to the average taxpayer over 1992 <br /> taxes. <br /> 3) Setting a Public Hearing on the Proposed 1993 Budget and <br /> Proposed 1993 Property Tax Levy for 6: 00 p.m. December 9, <br /> 1992 . Should it be necessary to continue the Hearing it <br /> would be continued at 6:00 p.m. December 16, 1992 . <br /> Donald Brager, Fi nce Director <br /> gECOMMENDATIONt Adopt Resolution No. 4284, A Resolution Certifying <br /> The 1993 Proposed Operating Budget, ,1993 Proposed Property Tax Levies <br /> And Setting The Date For A Public Hearing On The Same Pursuant To <br /> Truth In Taxation Legislation. <br />