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CITY OF ST ANTHONY <br />RESOLUTION 05-094 <br />A RESOLUTION SETTING THE CITY OF ST. ANTHONY 2006 TAX LEVY <br />AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT <br />WHEREAS, State Law requires that the City of St. Anthony provide Hennepin <br />and Ramsey Counties with a certified 2006 tax levy and budget; and <br />WHEREAS, the City Council has reviewed the City Manager's 2006 Operating Budget and Tax <br />Levy; and <br />WHEREAS, the approval of the tax levy and budget was made contingent upon any revisions <br />being allowed if the current law is modified; and <br />WHEREAS, the General Fund levy is the same as the 2005 levy, and the approved levy is less <br />than Minnesota Department of Revenues requirement_ to hold a Truth -in - <br />Taxation public hearing; and <br />WHEREAS, the information required for the City Council to determine a definitive tax levy was <br />discussed at it December 13, 2005, Council Meeting. <br />NOW,* THEREFORE, BE IT RESOLVED that: <br />1) The collectible 2006 property tax levy is: <br />General Fund Property Tax Levy <br />Road Improvement Levy <br />Certificate of Indebtedness —Fire Truck <br />Lease Revenue Bonds/Public Facilities <br />Housing &Redevelopment Authority Levy <br />Tax Abatement Levy -Central Park Bonds <br />PERA Rate Increase Levy <br />Total 2006 Tax Levy <br />2) The 2006 General Fund Budget totals $4,177,500 <br />Adopted this L day of December, 2005 <br />ATTEST: <br />City Clerk <br />Reviewed for administration: <br />Mayor <br />City Manager <br />$2,488,357.00 <br />$ 751,492.01 <br />$ 88,100.00 <br />$ 392,737.00 <br />$ 555500.00 <br />$ 29,271.00 <br />$3,812,957.01 <br />