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RES 14-085 Setting the 2015 Property Tax Levy
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RES 14-085 Setting the 2015 Property Tax Levy
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Last modified
2/25/2015 12:11:51 PM
Creation date
12/11/2014 5:23:40 PM
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City Council
Meeting Date
12/9/2014
Meeting Type
Regular
Document Type
Council Resolutions
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Resolution #
14-085
Resolution Title
Setting the 2015 General Operating Budget and Property Tax Levy
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CITY OF ST ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 14-085 <br />A RESOLUTION SETTING THE 2015 GENERAL OPERATING BUDGET AND PROPERTYTAX LEVY <br />WHEREAS, Minnesota State Law requires the City of St. Anthony Village provide Hennepin and <br />Ramsey Counties with a 2015 certified operating budget and property tax levy; and <br />WHEREAS, the City Council discussed key financial issues and budgeting goals at the January, <br />2014, goal setting session, held a Public Hearing on April 22, 2014, reviewed the <br />2014 property tax levy, budget and capital equipment needs at their August 4, <br />2014, work session; and <br />WHEREAS, the allowed Road Improvement Levy will be reduced by $147,500; and <br />WHEREAS, the City Council further reviewed the 2015 operating budget, property tax levy at its <br />August 26, 2014, council meeting; and <br />WHEREAS, the City Council held the required preliminary budget meeting on September 9, <br />2014; and <br />WHEREAS, The City Council held the required budget meeting on Tuesday, December 9, 2014, <br />7:00 P.M. in its Council Chambers, to discuss the 2015 operating budget and <br />property tax levy with the residents of St. Anthony Village; and <br />WHEREAS, the information required for the City Council to determine a definitive 2015 <br />property tax levy has been collected. <br />NOW, THEREFORE, BE IT RESOLVED that: <br />1) The 2014 General Operating Budget totals $6,705,729. <br />2) The collectible 2015 Property Tax Levy is: <br />General Operating Levy <br />$3,321,210 <br />Capital Improvement Project Levy <br />$ 50,000 <br />Road Improvement Levy <br />$1,791,725 <br />Lease Revenue Bonds <br />$ 382,872 <br />Housing and Redevelopment Authority Levy <br />$ 132,782 <br />Tax Abatement Levy <br />153,148 <br />Total Tax Levy $5,831,737 <br />
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