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HomeMy WebLinkAboutCC RES 09-074 RESOLUTION SETTING THE CITY OF ST. ANTHONY VILLAGE PROPOSED 2010 TAX LEVY AND BUDGET Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 103984 Box: 31 Folder: RES 2009 Document: CC R€5 09-074 RESOLUTION SETTING THE CIN OF ST. ANTHONY VILLAGE PROPOSED 2010 TAX LEVY AND BUDGET CITY OF ST ANTHONY • RESOLUTION No. 09-074 A RESOLUTION SETTING THE CITY OF ST. ANTHONY VILLAGE PROPOSED 2010 TAX LEVY AND BUDGET. WHEREAS, Minnesota State Law requires the City of St. Anthony Village provide Hennepin and Ramsey Counties with a proposed 2010 certified property tax levy and budget; and WHEREAS, the City Council discussed key financial issues and budgeting goals at the January, 2009, goal setting session, held a Public Hearing on April 28, 2009, reviewed the 2010 tax levy and budget at their May 4, 2009 and August 3, 2009, work sessions; and WHEREAS, the City Council further reviewed the 2010 property tax levy, operating budget and the levy limits established by the Minnesota Department of Revenue at the August 25, 2009, council meeting; and WHEREAS, the proposed tax levy and budget is contingent upon any revisions allowed if the current law is modified; and WHEREAS, the City Council will determine a definitive tax levy and budget at the Tuesday, December 8, 2009 budget meeting at 7:00 p.m. with public input. WOW, THEREFORE,BE IT RESOLVED that: 1) The collectible 2010 proposed property tax levy is: General Fund Property Tax Levy $2,945,511.00 Road Improvement Levy $1,246,413.78 Lease Revenue Bonds/Public Facilities $ 403,263.00 Housing&Redevelopment Authority Levy $ 110,500.00 Tax Abatement Levy- Central Park/Emerald Bonds $ 76,257.00 PERA Rate Increase Levy $ 7,500.00 Total 2010 Proposed Tax Levy $4,789,444.78 2) The 2010 General Fund Proposed Budget totals $5,283,400. Adopted this 8th day of September,2009 a or ATTEST: City Clerk • Review for Administration: City Manager