RES 22-083 SETTING THE FINAL 2023 TAX LEVY AND GENERAL OPERATING BUDGET FOR THE CITY OF SAV

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CITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 22-083 A RESOLUTION SETTING THE FINAL 2023 TAX LEVY AND GENERAL OPERATING BUDGET FOR THE CITY OF ST. ANTHONY VILLAGE WHEREAS, Minnesota State Law requires that the City of St. Anthony Village provide Hennepin and Ramsey Counties with a final 2023 certified property tax levy and operating budget; and WHEREAS, the City Council discussed key financial issues and budgeting goals at the January 2022, goal setting session; and March 22"d work session reviewing existing infrastructure improvement schedule and 2023 Debt Levy; and a August 8th work session for the initial 2023 Budget and Property Tax Levy estimates, public meetings were held August 23th and September 13th for public input on the 2023 budget and property tax levy, the 2023-2039 Capital Improvement Budgets were reviewed at the October 1 lth work session and approved at the October 25th Council meeting; and WHEREAS, the scheduled debt levy for Series 2012A (9405A) in the amount of 424,289.25 is cancelled and will be levied at a reduced amount of 324.289.25 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2012A (9405C) in the amount of 141,358.20 is cancelled and will be levied at a reduced amount of 106,358.20 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2014C (9410) in the amount of 173,040.00 is cancelled and will be levied at a reduced amount of 103,040.00 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2015A (9411) in the amount of 184,285.86 is cancelled and will be levied at a reduced amount of 144,285.86 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2016A (9413) in the amount of 104,314.64 is cancelled and will be levied at a reduced amount of 79,314.64 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2017A (9415A) in the amount of 70,785 is cancelled and will be levied at a reduced amount of 0.00 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2017A (9415B) in the amount of 187,948.74 is cancelled and will be levied at a reduced amount of 181,523.74 and there are sufficient funds on hand to cover the debt service payment; and WHEREAS, the scheduled debt levy for Series 2017A (9415C) in the amount of 128,152.50 is cancelled and will be levied at a reduced amount of 68,152.50 and there are sufficient funds on hand to cover the debt service payment; and