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Home My WebLink AboutCC RES 05-072 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2006 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 104344 Box: 31 Folder: RES 2005 Document: CC RES 05-072 RESOLUTION SETTING THE CIN OF ST. ANTHONY PROPOSED 2006 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT CITY OF ST ANTHONY • RESOLUTION No: 05-072 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2006 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 2006 tax levy and budget; and WHEREAS, the City Council discussed the proposed 2006 budgeting goals at its March 14, 2005, work session, held a Public Hearing on April 26, 2005 and further discussed the 2006 budget and levy at its August 1 st, 2005, 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 General Fund levy is the same as the 2005 levy, and the approved levy is less than Minnesota Department of Revenues requirement to hold a Truth-in- Taxation public hearing; and • WHEREAS, the City is not required to hold a Truth-in-Taxation public hearing, the December Council meetings will be held at their regularly scheduled date and times. NOW,THEREFORE,BE IT RESOLVED that: 1) The collectible 2006 proposed property tax levy is: General Fund Property Tax Levy $ 2,488,357.00 Road Improvement Levy $ 751,492.01 Certificate of Indebtedness—Fire Truck $ 88,100.00 Lease Revenue Bonds/Public Facilities $ 392,737.00 Housing&Redevelopment Authority Levy $ 55,500.00 Tax Abatement Levy -Central Park Bonds $ 29,271.00 PERA Rate Increase Levy $ 79500_00 Total 2006 Proposed Tax Levy $3,812,957.01 2) The 2006 General Fund Proposed Budget totals 177,500 Adopted this]3tliday of September, 2005 Mayor • ATTEST: City Clerk Reviewed for Administration: C y Manager I