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CITY OF ST ANTHONY <br /> RESOLUTION No. 11-081 <br /> A RESOLUTION SETTING THE CITY OF ST.ANTHONY'S <br /> 2012 GENERAL OPERATING <br /> BUDGET AND PROPERTY TAX LEVY. <br /> WHEREAS, Minnesota State Law requires the City of St.Anthony provide Hennepin and Ramsey <br /> Counties with a 2012 certified operating budget and property tax levy; and <br /> WHEREAS, the City Council discussed key financial issues and budgeting goals at the January, 2011, goal setting <br /> session, held a Public Hearing on April 26, 2011, reviewed the 2012 property tax levy, budget and <br /> capital equipment needs at their April 4, 2011, May 2, 2011, May 31, 2011 and August 1, 2011, work <br /> sessions;and <br /> WHEREAS, the City Council further reviewed the 2012 operating budget, property tax levy at its August 9, 2011, <br /> council meeting; and <br /> WHEREAS, The City Council held the required budget meeting on December 13, 2011, 7:00 P.M. in its Council <br /> Chambers,to discuss the 2012 operating budget and property tax levy with the residents of St. Anthony; <br /> and <br /> WHEREAS, the information required for the City Council to determine a definitive 2012 property tax levy has been <br /> collected. <br /> NOW,THEREFORE, BE IT RESOLVED that: <br /> 1) The proposed collectible 2012 Property Tax Levy is: <br /> General Operating Fund Property Tax Levy $3,045,166.00 <br /> Road Improvement Levy $1,500,754.84 <br /> Lease Revenue Bonds $ 409,773.00 <br /> Housing&Redevelopment Authority Levy $ 110,500.00 <br /> Tax Abatement Levy $ 149,394.82 <br /> PERA Rate Increase Levy $ 7,500.00 <br /> Total Proposed 2012 Tax Levy $5,223,088.66 <br /> 2) The proposed 2012 General Operating Budget totals $5,498,650. <br /> Adopted this 13th day of December, 2011 <br /> yor <br /> ATTEST: 20 i <br /> City Clerk <br /> Review for Administration: <br /> City Manager ly <br />