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HomeMy WebLinkAboutCC RES 91-050 RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY TAX LEVY AND 1992 BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 103645 Box: 26 Folder: RES 1991 Document: CC RES 91-050 RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY TAX LEVY AND 1992 BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION AR CITY OF ST. ANTHONY • RESOLUTION 91-050 A RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY TAX LEVY AND 1992 BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT WHEREAS, the Truth in Taxation Law requires that the City of St. Anthony provide Hennepin and Ramsey Counties with a certified tax levy and 1992 budget; and WHEREAS, the City Council has reviewed the City Manager's proposed 1992 budget; and WHEREAS, the City Council held a public hearing on November 26, 19917 7:30 P.M. at its Council Chambers to discuss the tax levy with the residents of St. Anthony; and WHEREAS, the information required for the City to calculate a definitive tax levy has been collected. NOW, THEREFORE, BE IT RESOLVED, that: the 1991 property tax levy collectible in 1992 is: 1992 levy ($20,000 less than limit) $1,522,479 Housing & Redevelopment Authority levy 20,000 Certificate of Indebtedness 76.205 TOTAL 1992 COLLECTIBLE TAX LEVY $1,618,684 The 1992 operating budget is $4,425,565. BE IT FURTHER RESOLVED, the City Clerk is hereby instructed to transmit a certified copy of this resolution to the County Auditors of Hennepin and Ramsey Counties of Minnesota. Adopted this day of N oye-m Ler , 1991. Mayor City Clerk • Reviewed for administration: City Manager