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committed to this program the impact of 2018 street bonds issued along with existing debt <br />service requirements would have required an additional 6.19% increase in the overall Levy <br /> <br /> <br />For 2018, the median taxable valuation in St. Anthony is $274,000, an increase of 5.38% over <br />2017. Based on the median valuation of $274,000, the “City Portion” of property taxes totals <br />$1,781.73. A breakdown of the taxes is as follows: <br /> <br /> General Fund Budget $1,059.19 <br /> Road Improvements 488.48 <br /> Public Facilities 91.89 <br /> Capital Improvements 81.58 <br /> Tax Abatement 60.59 <br /> Total $1,781.73 <br /> <br /> <br />To help offset the cost of operations and capital equipment, Staff seeks Grants and Donations <br />from Federal, State and private sources. <br /> <br />Recently accepted Grants include: <br />• Ramsey County Emergency Management (Fire Department) - $7,733 <br />• Hennepin County Recycling Grant - $18,989 <br />• Ramsey County, Mirror Lake dredging - $8,960 <br />• Gloria Wiese (Police and Fire) - $1,000 <br />• US Department of Justice, Police Body Camera grant - $40,500 <br />• Estate of John D. MacQueen (Police Department) - $100,000 <br /> <br />At tonight’s Council meeting a resolution needs to be passed adopting the 2018 budgets and <br />certifying the final tax levy to Hennepin and Ramsey Counties. <br /> <br />Recommendation <br /> <br />Staff recommends that Council approves resolution 17-xxx; Adopting the 2018 Budget <br />document and certifying the final Property Tax Levy to Hennepin and Ramsey Counties <br /> <br /> <br /> <br /> <br /> <br /> <br />23