HomeMy WebLinkAboutCC RES 04-062 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2005 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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104426
Box: 31
Folder: RES 2004
Document: CC RES O4-062 RESOLUTION SETTING THE CIN OF 5T.
ANTHONY PROPOSED 2005 TAX LEVY AND BUDGET IN COMPLIANCE
WITH THE TRUTH IN TAXATION ACT
CITY OF ST ANTHONY
RESOLUTION#04-062
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2005 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 2005 tax levy
and budget; and
WHEREAS, the City Council discussed the proposed 2005 budget at its August 10th, 2004,
work session; 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; and
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 Tuesday,
November 30th, 2004; and if necessary holds its reconvening hearing on Monday,
December 13th, 2004;
• NOW, THEREFORE,BE IT RESOLVED that:
1) The collectible 2005 proposed property tax levy is:
General Fund Property Tax Levy $ 2,488,357.00
Road Improvement Levy $ 627,312.32
Certificate of Indebtedness—Fire Truck $ 89,600.00
Lease Revenue Bonds/Public Facilities $ 391,477.00
Housing&Redevelopment Authority Levy $ 55,500.00
Tax Abatement Levy -Central Park Bonds $ 30,013.00
PERA Rate Increase Levy $ 7,500-00
Total 2005 Proposed Tax Levy $3,689,759.32
2) The 2005 General Fund Proposed Budget totals$3,969,000
Adopted this IA� day of Senteniher, 2004
&bAQM" Mayor Pro tem
ATTEST:
City Clerk
•
Reviewed for administration:
City an ger