HomeMy WebLinkAboutCC RES 02-072 A RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 2003 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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104667
Box: 31
Folder: RES 2002
Document: CC RES 02-072 A RESOLUTION CERTIFYING THE CIN OF ST.
ANTHONY 2003 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE
TRUTH IN TAXATION ACT
CITY OF ST ANTHONY
RESOLUTION#02-072
•
A RESOLUTION CERTIFYING THE CITY OF ST.ANTHONY 2003 TAX LEVY
AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT
WHEREAS, the Truth in Taxation Law requires the City of St. Anthony provide
Hennepin and Ramsey Counties with a certified 2003 tax levy and budget;
and
WHEREAS, the City Council has reviewed the City Manager's proposed 2003 budget;
and
WHEREAS, the City Council held a Public Hearing on December 9, 2002, 7:00 P.M. in
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:
1) The 2003 property tax levy is:
Property Tax—General Fund(Levy Limit) $2,168,627
Road Improvement Levy $ 470,921
HRA Levy $ 55,500
Tax Abatement Levy/Central Park $ 28,993
PERA Rate Increase Levy $ 7,50
Total 2003 Tax Levy $2,731,541
2) Total Operating Budget totals$8,072,900
Adopted this 9 �' day of Decemli&r , 2002.
Mayor
• ATTEST:
City Clerk
Reviewed for Administration:
City Mahager