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CITY OF ST ANTHONY <br /> • RESOLUTION 05-094 <br /> A RESOLUTION SETTING THE CITY OF ST. ANTHONY 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 certified 2006 tax levy and budget; and <br /> WHEREAS, the City Council has reviewed the City Manager's 2006 Operating Budget and Tax <br /> Levy; and <br /> WHEREAS, the approval of the tax levy and budget was made contingent upon any revisions <br /> 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 information required for the City Council to determine a definitive tax levy was <br /> discussed at it December 13, 2005, Council Meeting. <br /> • NOW,THEREFORE,BE IT RESOLVED that: <br /> 1) The collectible 2006 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 $ 7,500-00 <br /> Total 2006 Tax Levy $3,812,957.01 <br /> 2) The 2006 General Fund Budget totals $4,177,500 <br /> Adopted this 13�-day of Derember, 2005 <br /> ayor <br /> • ATTEST: <br /> City Clerk <br /> Reviewed for administration: '/ <br /> City Manager <br />