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CITY OF ST ANTHONY <br /> • RESOLUTION 07-084 <br /> A RESOLUTION SETTING THE CITY OF ST. ANTHONY 2008 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 2008 tax levy and operating budget; and <br /> WHEREAS, the City Council has reviewed the City Manager's 2008 tax levy and operating <br /> budget;and <br /> WHEREAS, the City of St. Anthony was not required to hold a Truth-in-Taxation public hearing; <br /> and <br /> WHEREAS, the City Manager presented the 2008 tax levy and operating budget to the City <br /> Council at its regular meeting on December 11,2007; and <br /> WHEREAS, the information required for the City Council to determine a definitive tax levy has <br /> been collected. <br /> NOW,THEREFORE,BE IT RESOLVED that: <br /> • 1) The collectible 2008 property tax levy is: <br /> General Fund Property Tax Levy $ 2,796,900.00 <br /> Road Improvement Levy $ 968,030.77 <br /> Lease Revenue Bonds/Public Facilities $ 394,417.00 <br /> Housing&Redevelopment Authority Levy $ 110,500.00 <br /> Tax Abatement Levy - Central Park Bonds $ 27,740.00 <br /> PERA Rate Increase Levy $ 7,500.00 <br /> Total 2008 Tax Levy $4,305,087.77 <br /> 2) The 2008 General Fund Budget totals$4,998,600.00 <br /> Adopted this 11 th day of December,2007 <br /> 1V1 yor <br /> ATTEST: Alaby <br /> City Clerk <br /> • Reviewed for administration: <br /> City r <br />