CC RES 95-046 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1996 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT

Home Browse Search

v CITY OF ST ANTHONY RESOLUTION #95-046 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1996 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT WHEREAS, the Truth in Taxation Law requires that the City of St. Anthony provide Hennepin and Ramsey Counties with a proposed certified 1996 tax levy and budget; and WHEREAS, the information required for the City Council to make a definitive tax levy cannot be determined until the City of St. Anthony holds its public hearings; and WHEREAS, the furnishing of this proposed tax levy and budget is made contingent upon any revisions being allowed if the current law is modified. • NOW, THEREFORE, BE IT RESOLVED that: 1) the 1996 proposed property tax levy is: Property Tax Levy $1,874,536 Less: H.A.C.A. ( 329,145) Proposed General Fund Levy $1,545,391 Housing and Redevelopment Authority Levy $ 20,000 Less: H.A.C.A. ( 4,329) Proposed Housing and Redevelopment Authority Levy $ 15,671 Special Assessment/Road Improvements $ 118,620 Total 1996 Proposed Tax Levy $1,679,682 2) The 1996 General Fund Proposed Budget totals $2,923,325 BE IT FURTHER RESOLVED, that: • 1) The hearing date for discussion of the 1996 proposed levy and budget be set at December 6, 1995, 7:00 P.M. in its Council Chambers and if necessary be reconvened on December 20, 1995, 7:00 P.M. in its Council Chambers.