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CITY OF ST ANTHONY <br />RESOLUTION 06-072 <br />A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2007 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 proposed certified 2007 tax levy <br />and budget; and <br />WHEREAS, the City Council discussed key financial strategies and budgeting goals at <br />their January, 2006, goal setting session, held a Public Hearing on April 25, <br />2006 and further discussed the 2007 budget and levy at its August 8th, 2006, <br />work session; and <br />WHEREAS, the furnishing of this proposed tax levy and budget is made contingent <br />upon any revisions being allowed if current law is modified; and <br />WHEREAS, the information required for the City Council to determine a definitive tax <br />levy will be determined when the City of St. Anthony holds its truth -in - <br />taxation hearing on Monday, December 41h, 2006; and if necessary holds its <br />reconvening hearing on Monday, December 11, 2006; <br />NOW, THEREFORE, BE IT RESOLVED that: <br />1) The collectible 2007 proposed 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 2007 Proposed Tax Levy <br />2) The 2007 General Fund Proposed Budget totals $4,521;700. <br />Adopted this 12th day of September,2006 <br />ATTEST: <br />City Clerk <br />Reviewed for administration: <br />20 <br />Mayor <br />City Manager <br />$2,660,800.00 <br />$ 885,833.78 <br />$ 91,500.00 <br />$ 393,892.00 <br />$ 55,500.00 <br />$ 28,506.00 <br />$4,123,531.78 <br />