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HomeMy WebLinkAboutCC RES 08-082 RESOLUTION SETTING THE CITY OF ST. ANTHONY 2009 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 104057 Box: 31 Folder: RES 2008 Document: CC RES 08-082 RESOLUTION SETTING THE CIN OF ST. ANTHONY 2009 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT CITY OF ST ANTHONY VILLAGE ® RESOLUTION 08-082 A RESOLUTION SETTING THE CITY OF ST. ANTHONY 2009 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 2009 Operating Budget and Tax Levy; and WHEREAS, the City Council has reviewed the City Manager's 2009 Operating Budget and Tax Levy; and WHEREAS, the City Council held a Truth-in-Taxation Public Hearing on December 8, 2008, 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 2009 property tax levy is: General Fund Property Tax Levy $2,945,511.00 Road Improvement Levy $ 1,059,596.20 Lease Revenue Bonds/Public Facilities $ 399,536.00 Housing&Redevelopment Authority Levy $ 110,500.00 Tax Abatement Levy-Central&Emerald Park Bonds $ 79,294.00 PERA Rate Increase Levy $ 7,500.00 Total 2009 Tax Levy $4,601,937.20 2) The 2009 General Fund Budget totals $5,277,400. Adopted this 15th day of December,2008 Mayor ATTEST: City Cler Reviewed for administration: / ity Manager