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CITY OF ST ANTHONY <br /> • RESOLUTION 06-093 <br /> A RESOLUTION SETTING THE CITY OF ST. ANTHONY 2007 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 2007 tax levy and budget; and <br /> WHEREAS, the City Council has reviewed the City Manager's 2007 Operating Budget <br /> and Tax Levy;and <br /> WHEREAS, the City Council held a Truth-in-Taxation Public Hearing on December 4, <br /> 2006, 7:00 P.M. in its Council Chambers, to discuss the tax levy with the <br /> residents of St. Anthony;and <br /> WHEREAS, the information required for the City Council to determine a definitive tax <br /> levy has been collected. <br /> NOW,THEREFORE,BE IT RESOLVED that: <br /> • 1) The collectible 2007 property tax levy is: <br /> General Fund Property Tax Levy $2,660,800.00 <br /> Road Improvement Levy $ 885,833.78 <br /> Certificate of Indebtedness -Fire Truck $ 91,500.00 <br /> Lease Revenue Bonds/Public Facilities $ 393,892.00 <br /> Housing&Redevelopment Authority Levy $ 55,500.00 <br /> Tax Abatement Levy -Central Park Bonds $ 28,506.00 <br /> PERA Rate Increase Levy $ z5.00M <br /> r <br /> Total 2007 Tax Levy $4,123,531.78 <br /> 2) The 2007 General Fund Budget totals$4,521,700.00 <br /> Adopted this 11th day of December,2006 <br /> 4ayor <br /> ATTEST: <br /> is <br /> City Clerk <br /> r <br /> Reviewed for administration: <br /> *Cityan ger <br />