HomeMy WebLinkAboutCC RES 06-093 RESOLUTION SETTING THE CITY OF ST. ANTHONY 2007 TAZ LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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104223
Box: 31
Folder: RES 2006
Document: CC RES 06-093 RESOLUTION SETTING THE CITY OF ST.
ANTHONY 2007 TAZ LEVY AND BUDGET IN COMPLIANCE WITH THE
TRUTH IN TAXATION AR
CITY OF ST ANTHONY
• RESOLUTION 06-093
A RESOLUTION SETTING THE CITY OF ST. ANTHONY 2007 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 certified 2007 tax levy and budget; and
WHEREAS, the City Council has reviewed the City Manager's 2007 Operating Budget
and Tax Levy;and
WHEREAS, the City Council held a Truth-in-Taxation Public Hearing on December 4,
2006, 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 Council to determine a definitive tax
levy has been collected.
NOW,THEREFORE,BE IT RESOLVED that:
• 1) The collectible 2007 property tax levy is:
General Fund Property Tax Levy $2,660,800.00
Road Improvement Levy $ 885,833.78
Certificate of Indebtedness -Fire Truck $ 91,500.00
Lease Revenue Bonds/Public Facilities $ 393,892.00
Housing&Redevelopment Authority Levy $ 55,500.00
Tax Abatement Levy -Central Park Bonds $ 28,506.00
PERA Rate Increase Levy $ z5.00M
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Total 2007 Tax Levy $4,123,531.78
2) The 2007 General Fund Budget totals$4,521,700.00
Adopted this 11th day of December,2006
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ATTEST:
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City Clerk
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Reviewed for administration:
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