HomeMy WebLinkAboutCC RES 02-064 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2003 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
IIIIII VIII VIII VIII VIII VIII IIII IIII
104659
Box: 31
Folder: RES 2002
Document: CC RES 02-064 A RESOLUTION SETTING THE CITY OF ST.
ANTHONY PROPOSED 2003 TAX LEVY AND BUDGET IN COMPLIANCE
WITH THE TRUTH IN TAXATION ACT
CITY OF ST ANTHONY
• RESOLUTION 02-064
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2003 TAX LEVY
AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT
WHEREAS, State Law requires that the City of St. Anthony provide Hennepin
and Ramsey Counties with a proposed certified 2003 tax levy
and budget; and
WHEREAS, the City Council reviewed the proposed 2003 budget at its August 5, 2002,
work session; and
WHEREAS, the St Legislature has mandated levy limits on all City Governments; and
WHEREAS, the furnishing of this proposed tax levy and budget is made contingent upon any
revisions being allowed if the current law is modified.
WHEREAS, the information required for the City Council to determine a definitive tax levy
will be determined when the City of St. Anthony holds its public hearing on
December 9, 2002; and
• NOW,THEREFORE,BE IT RESOLVED that:
1) The collectible 2003 proposed property tax levy is:
Property Tax Levy Limit $2,168,627
Road Improvement Levy $ 470,921_
Housing&Redevelopment Authority Levy $ 55,500
Tax Abatement Levy -Central Park Bonds $ 28,993
PERA Rate Increase Levy $ 7,500
Total 2003 Proposed Tax Levy $2,731,541
2) The 2003 General Fund Proposed Budget totals$3,824,600
Adopted this day of ae D+P,YYI�)eY' , 2002.
Mayor
ATTEST:
City Clerk
Reviewed for Administration:
City Manag