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'Law q.T 1 . <br /> 111 TO: Mayor & Council <br /> FROM: Don Brager, Finance Director-Treasurer <br /> DATE: August 3, 1990 <br /> SUBJECT: RESOLUTION CERTIFYING TAX LEVIES AND SETTING HEARING <br /> DATE <br /> Attached please find Resolution No. 3075, A Resolution Certifying <br /> The 1991 Proposed General, Forestry and Debt Service Property Tax <br /> Levies and Setting A Date For a Public Hearing On The Same <br /> Pursuant To Truth In Taxation Legislation. This Resolution was <br /> prepared pursuant to Council direction given at the August 20, <br /> 1990 Agenda Session. The Resolution certifies to Ramsey County <br /> the City's proposed 1991 Property tax levy of $1,443,270 which is <br /> 3. 73% greater than the 1990 levy of $1,391,306 . The General and <br /> Forestry Fund's levies are $1,778.00 lower than the estimate <br /> contained in my August 3, 1990 memo because I subsequently <br /> received certification of the City's 1991 Levy Limits from the <br /> State Department of Revenue. The Resolution also sets the Public <br /> Hearing on the 1991 Property Tax Levy and City Budget for 7 :05 <br /> p.m. December 3, 1990 and if a continuation of the hearing is <br /> needed the continuation would be held at 7 :05 p.m. on December <br /> • 17, 1990 . <br /> RECOMMENDATION: Adopt Resolution No. 3075 to comply with Truth <br /> In Taxation Legislation. <br /> DB/DSP <br /> Attachment <br /> • <br />