HomeMy WebLinkAboutRES 14-085 Setting the 2015 Property Tax LevyCITY OF ST ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 14-085
A RESOLUTION SETTING THE 2015 GENERAL OPERATING BUDGET AND PROPERTYTAX LEVY
WHEREAS, Minnesota State Law requires the City of St. Anthony Village provide Hennepin and
Ramsey Counties with a 2015 certified operating budget and property tax levy; and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the January,
2014, goal setting session, held a Public Hearing on April 22, 2014, reviewed the
2014 property tax levy, budget and capital equipment needs at their August 4,
2014, work session; and
WHEREAS, the allowed Road Improvement Levy will be reduced by $147,500; and
WHEREAS, the City Council further reviewed the 2015 operating budget, property tax levy at its
August 26, 2014, council meeting; and
WHEREAS, the City Council held the required preliminary budget meeting on September 9,
2014; and
WHEREAS, The City Council held the required budget meeting on Tuesday, December 9, 2014,
7:00 P.M. in its Council Chambers, to discuss the 2015 operating budget and
property tax levy with the residents of St. Anthony Village; and
WHEREAS, the information required for the City Council to determine a definitive 2015
property tax levy has been collected.
NOW, THEREFORE, BE IT RESOLVED that:
1) The 2014 General Operating Budget totals $6,705,729.
2) The 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
Total Tax Levy $5,831,737
Adopted this 9th day of December, 2014
Jerome O. Faust, Mayor
ATTEST: ';l (f 1,1 f'P f71
Barbara J. SUciW,City Clerk
Review for Administration:
Mark Casey, Cit Manager