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CITY OF ST ANTHONY <br /> • RESOLUTION No: 05-072 <br /> A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2006 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 2006 tax levy <br /> and budget; and <br /> WHEREAS, the City Council discussed the proposed 2006 budgeting goals at its March 14, <br /> 2005, work session, held a Public Hearing on April 26, 2005 and further discussed <br /> the 2006 budget and levy at its August 1 st, 2005, 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 General Fund levy is the same as the 2005 levy, and the approved levy is less <br /> than Minnesota Department of Revenues requirement to hold a Truth-in- <br /> Taxation public hearing; and <br /> • WHEREAS, the City is not required to hold a Truth-in-Taxation public hearing, the December <br /> Council meetings will be held at their regularly scheduled date and times. <br /> NOW,THEREFORE,BE IT RESOLVED that: <br /> 1) The collectible 2006 proposed property tax levy is: <br /> General Fund Property Tax Levy $ 2,488,357.00 <br /> Road Improvement Levy $ 751,492.01 <br /> Certificate of Indebtedness—Fire Truck $ 88,100.00 <br /> Lease Revenue Bonds/Public Facilities $ 392,737.00 <br /> Housing&Redevelopment Authority Levy $ 55,500.00 <br /> Tax Abatement Levy -Central Park Bonds $ 29,271.00 <br /> PERA Rate Increase Levy $ 79500_00 <br /> Total 2006 Proposed Tax Levy $3,812,957.01 <br /> 2) The 2006 General Fund Proposed Budget totals 177,500 <br /> Adopted this]3tliday of September, 2005 <br /> Mayor <br /> • ATTEST: <br /> City Clerk <br /> Reviewed for Administration: <br /> C y Manager <br /> I <br />