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CITY OF ST ANTHONY <br /> RESOLUTION#04-062 <br /> A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2005 TAX LEVY <br /> AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT <br /> WHEREAS, State Law requires that the City of St. Anthony provide Hennepin <br /> and Ramsey Counties with a proposed certified 2005 tax levy <br /> and budget; and <br /> WHEREAS, the City Council discussed the proposed 2005 budget at its August 10th, 2004, <br /> work session; and <br /> WHEREAS, the furnishing of this proposed tax levy and budget is made contingent upon any <br /> revisions being allowed if the current law is modified; and <br /> WHEREAS, _ the information required for the City Council to determine a definitive tax levy <br /> will be determined when the City of St. Anthony holds its public hearing on <br /> Tuesday, November 30th, 2004; and if necessary holds its reconvening hearing on <br /> Monday, December 13th, 2004; <br /> NOW,THEREFORE, BE IT RESOLVED that: <br /> 1) The collectible 2005 proposed property tax levy is: <br /> General Fund Property Tax Levy $ 2,488,357.00 <br /> Road Improvement Levy $ 627,312.32 <br /> Certificate of Indebtedness—Fire Truck $ 89,600.00 <br /> Lease Revenue Bonds/Public Facilities $ 391,477.00 <br /> Housing&Redevelopment Authority Levy $ 55,500.00 <br /> Tax Abatement Levy -Central Park Bonds $ 30,013.00 <br /> PERA Rate Increase Levy $ 7,500-00 <br /> Total 2005 Proposed Tax Levy $3,689,759.32 <br /> 2) The 2005 General Fund Proposed Budget totals $3,969,000 <br /> Adopted this day of , 2004 <br /> ATTEST: Mayor Pro-Tem <br /> City Clerk <br /> Reviewed for administration: City Manager <br />