CC RES 93-051 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1994 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT

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• CITY OF ST ANTHONY RESOLUTION #93-051 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1994 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT WHEREAS, the Truth in Taxation Law requires that the City of St. Anthony provide Hennepin and Ramsey Counties with a proposed certified 1994 tax levy and budget; and WHEREAS, the information required for the City Council to make a definitive tax levy cannot be determined until the City of St. Anthony holds its public hearings; and WHEREAS, the furnishing of this proposed tax levy and budget is made contingent upon any revisions being allowed if the current law is modified. NOW, THEREFORE, BE IT RESOLVED that: • 1) the 1994 proposed property tax levy is: Property Tax Levy $1,667,450 Less: H.A.C.A. ( 338,277) Proposed General Fund Levy $1,329,173 Housing and Redevelopment Authority Levy $ 20,000 Less: H.A.C.A. S 4,414) Proposed Housing and Redevelopment Authority Levy $ 15,586 Certificate of Indebtedness $ 76,265 Special Assessment/Road Improvements $ 32,893 Total 1994 Proposed Tax Levy $1,453,917 2) The 1994 General Fund Proposed Budget totals $2,383,600 BE IT FURTHER RESOLVED, that: 1) The hearing date for discussion of the 1994 proposed levy and budget be set at _ November 30, 1993, 7:00 P.M., in its Council Chambers and if necessary be reconvened on December 13, 1993, 7:00 P.M. in its Council Chambers.