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CITY OF ST ANTHONY <br />RESOLUTION 07-084 <br />A RESOLUTION SETTING THE CITY Oh ST. ANTHONY 2008 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 2008 tax levy and operating budget; and <br />WHEREAS, the City Council has reviewed the City Manager's 2008 tax levy and operating <br />budget; and <br />WHEREAS, the City of St. Anthony was not required to hold a Truth -in -Taxation public hearing; <br />and <br />WHEREAS, the City Manager presented the 2008 tax levy and operating budget to the City <br />Council at its regular meeting on December 11, 2007; and <br />WHEREAS, the information required for the City Council to determine a definitive tax levy has <br />been collected. <br />NOW, THEREFORE, BE IT RESOLVED that: <br />1) The collectible 2008 property tax levy is: <br />General Fund Property Tax Levy <br />Road Improvement Levy <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 2008 Tax Levy <br />2) The 2008 General Fund Budget totals $4,998,600.00 <br />Adopted this 1 It" day of December, 2007 <br />ATTEST: <br />City Clerk <br />Reviewed for administration: <br />Mayor <br />City Manager <br />$ 2,796,900.00 <br />$ 968,030.77 <br />$ 394,417.00 <br />$ 110,500.00 <br />$ 27,740.00 <br />$ 7,500.00 <br />$4,305,087.77 <br />45 <br />