HomeMy WebLinkAboutRES 14-057 Setting the 2015 Proposed Tax LevyCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 14-057
A RESOLUTION SETTING THE PROPOSED 2015 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 proposed 2015 certified property tax levy and operating budget;
and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the August 4, 2014,
work sessions and a public meeting was held on April 22, 2014 for input on the budget
process; and
WHEREAS, the allowed Road Improvement Levy will be reduced by $147,500; and
WHEREAS, the City Council further reviewed the proposed 2015 property tax levy and general
operation budget at the August 26, 2014, City Council meeting; and
WHEREAS, the proposed tax levy and budget is contingent upon any revisions allowed if the current
law is modified; and
WHEREAS, the City Council will determine a definitive property tax levy and budget at the
Tuesday, December 9, 2014, budget meeting held at 7:00 p.m. in the Council Chambers.
NOW, THEREFORE, BE IT RESOLVED that:
1) The proposed collectible 2015 Property Tax Levy is:
General Operating Levy $3,321,210
Capital Improvement Project Levy $ 50,000
Road Improvement Levy $1,791,725
Lease Revenue Bonds $ 382,872
Housing and Redevelopment Authority Levy $ 132,782
Tax Abatement Levy 153,148
2) The proposed 2015 General Operating Budget totals $6,705,729.
Adopted this 901 day of September, 2014.
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: OON
Reviewed for administration:
$5,831,737
'Jerome O. Faust, Mayor
Mark Casey, (Aty Manager