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CITY OF ST ANTHONY <br /> MW <br /> RESOLUTION #97-058 <br /> A RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1998 TAX LEVY <br /> AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT <br /> WHEREAS, the Truth in Taxation Law requires the City of St. Anthony provide <br /> Hennepin and Ramsey Counties with a certified 1998 tax levy and budget; <br /> and <br /> WHEREAS, the City Council has reviewed the City Manager's proposed 1998 budget; <br /> and <br /> WHEREAS, the City Council held a Public Hearing on December 3, 1997, 7:00 P.M. in <br /> its Council Chambers to discuss the tax levy with the residents of St. Anthony; <br /> and <br /> WHEREAS, the City Council held a subsequent hearing on December 17, 1997, 7:30 P.M. <br /> in its Council Chambers to adopt the final 1998 property tax levy and budget; <br /> and <br /> WHEREAS, the information required for the City to calculate a definitive tax levy has been <br /> collected. <br /> NOW, THEREFORE, BE IT RESOLVED that: <br /> 1) The 1998 property tax levy is: <br /> Property Tax Levy $1,901,145 <br /> Less: H.A.C.A. ( 334,378) <br /> Total General Fund Levy $1,566,767 <br /> Housing and Redevelopment Authority Levy $ 20,000 <br /> Less: H.A.C.A. ( 4,465) <br /> Total Housing and Redevelopment Authority Levy $ 15,535 <br /> Special Assessment/Road Improvements $ 174,089 <br /> Total 1998 Tax Levy $1,756,391 <br /> 2)-- The 1998 Total Operating Budget totals $5,869,750 <br />