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HomeMy WebLinkAboutRES 80-016 RESOLUTION SUPPORTING THR AMM/LMC BILL TO INDEX THE LEVY BASE INCREASE Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 102783 Box: 23 Folder: RES 1980 Document: RES 80-016 RESOLUTION SUPPORTING THR AMM/LMC BILL TO INDEX THE LEVY BASE INCREASE r•� Ile RESOLUTION 80-016 A RESOLUTION SUPPORTING THE A.M.M./L.M.C. BILL TO INDEX THE LEVY-BASE INCREASE. WHEREAS, the cost of providing municipal services is increasing at approximately the rate of inflation, WHEREAS,. the present levy limit base increase of six percent per year is deemed inadequate, NOW, THEREFORE, BE IT RESOLVED that the St. Anthony City Council hereby supports the L.M.C./A.M.M. bill to index the levy base increase. BE IT FURTHER RESOLVED that the City Clerk is directed to send a copy of this resolution to-the City' s Senators and Representatives. Adopted this 12th day of February, 1980 . Mayor ATTEST: C� • City Clerk Reviewed for Administration: e — City anager • I r 1 A bili for an act 2 relating to taxation ; Providing for annual 3 adjust-_,ent of certain levy ti. stations based on ih= Percentage change in the consumer pEice index ; 5 a _:e, _ i n? n e s o t a S .::utas 19 7 8 Sect on 275 -52 , SUDGivi sicn 2. 3E T _::S.CTD FY THE L%GIS_�' TURE QF THE ST ATE OF u ININESuTA Se: . ' _ Minnso.a Statutes 197 , Sect ion 275 >52 , _ v vis. ..... 2, , i-'s amended to read I i SuThe levy l i.m i t base ? as a,4lListed f r I2inZreases pursunn'_ to this s'ction , [:lay be 13 : .^:cr--as_A each year by the governing. body of the : 4 gc � er-i >r.t? su5divi sion of i ected thereby in the amount not 1 ' c, _v ?? ,. �??C n—'vo��w: a ,'fie reentaga of :.he prey tous year ' s S I t base ►.•hich is equal to the percentage increase ? 7 f rcz, June of the previous t evy yea r to June of the current i l ry year i n the rev i sed con surae ; price index fo r a t i urban : y ccnsuners fcr the Kinneapolis—St . Paul c;etropoIitan area . 2 - : rePared by the United States department of labor with 1967 21 as a base yearSec . 2 _ [ EFFECTIVE O:TE _T This act is effect•_rve for 25 f avy t im i t base used for taxes levied in 1960 and- c ere_1n.-F�ey-, pcLnd A 9i re r-.