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CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 14-057 <br />A RESOLUTION SETTING THE PROPOSED 2015 TAX LEVY AND GENERAL OPERATING <br />BUDGET FOR THE CITY OF ST. ANTHONY VILLAGE <br />WHEREAS, Minnesota State Law requires that the City of St. Anthony Village provide Hennepin and <br />Ramsey Counties with a proposed 2015 certified property tax levy and operating budget; <br />and <br />WHEREAS, the City Council discussed key financial issues and budgeting goals at the August 4, 2014, <br />work sessions and a public meeting was held on April 22, 2014 for input on the budget <br />process; and <br />WHEREAS, the allowed Road Improvement Levy will be reduced by $147,500; and <br />WHEREAS, the City Council further reviewed the proposed 2015 property tax levy and general <br />operation budget at the August 26, 2014, City Council meeting; and <br />WHEREAS, the proposed tax levy and budget is contingent upon any revisions allowed if the current <br />law is modified; and <br />WHEREAS, the City Council will determine a definitive property tax levy and budget at the <br />Tuesday, December 9, 2014, budget meeting held at 7:00 p.m. in the Council Chambers. <br />NOW, THEREFORE, BE IT RESOLVED that: <br />1) The proposed collectible 2015 Property Tax Levy is: <br />General Operating Levy $3,321,210 <br />Capital Improvement Project Levy $ 50,000 <br />Road Improvement Levy $1,791,725 <br />Lease Revenue Bonds $ 382,872 <br />Housing and Redevelopment Authority Levy $ 132,782 <br />Tax Abatement Levy 153,148 <br />2) The proposed 2015 General Operating Budget totals $6,705,729. <br />Adopted this 901 day of September, 2014. <br />�i <br />: OON <br />Reviewed for administration: <br />$5,831,737 <br />'Jerome O. Faust, Mayor <br />Mark Casey, (Aty Manager <br />