HomeMy WebLinkAboutRES 15-073 Setting the Final 2016 Tax Levy and Adopting the 2016 Budget DocumentCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 15 -073
A RESOLUTION SETTING THE FINAL 2016 TAX LEVY AND ADOPTING THE 2016
BUDGET DOCUMENT 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 final 2016 certified property tax levy and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the January, 2015,
goal setting session, held a public meeting on April 28, 2015 for input on the budget
process, reviewed the 2016 Road Improvements and 2016 Debt Levy in a work session held
June 29 2015, 2016 Utility Fund Budgets/Rates were reviewed at the November 2, 2015
work session and were the subject of a public hearing at the November 10, 2015 Council
meeting, reviewed the 2016 -2032 Capital improvement Budgets were reviewed at the
November 30`s work session, public meetings were held August 25, 2015 and September 8,
2015 for public input on the 2016 budget.
WHEREAS, the allowed Debt Levies will be reduced by $301,921; and
WHEREAS, The City Council held the required Truth in Taxation meeting on Tuesday, December 8,
2015, 7:00 P.M. in its Council Chambers, to discuss the 2016 budget and property tax levy
with the residents of St. Anthony Village; and
WHEREAS, the information required for the City Council to determine a Final 2016 property tax levy
has been collected
NOW, THEREFORE, BE IT RESOLVED that:
1) The Final 2016 Property Tax Levy is:
General Operating Levy
$3,385,370
Capital Improvement Project Levy
$
80,990
Road hnprovement Levy
$1,828,848
Lease Revenue Bonds
$
387,322
Housing and Redevelopment Authority Levy
$
140,170
Tax Abatement Levy
$
155,112
Building Improvement Levy
$
73.000
$6,050,812
2) The fund budgets included in the 2016 Budget document be adopted as the final fund budgets
Adopted this 8h day of December, 2015.
ATTEST:
Nic le Miller, City Clerk
Reviewed for administration:
Jerome O. Faust, Mayor
Mark Casey, ity Manager