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HomeMy WebLinkAboutCC RES 09-092 RESOLUTION SETTING THE CITY OF ST. ANTHONY'S 2010 GNERAL OPERATING BUDGET AND TAX LEVY Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 103966 Box: 31 Folder: RES 2009 Document: CC RES 09-092 RESOLUTION SETTING THE CIN OF 5T. ANTHONY'S 2010 GNERAL OPERATING BUDGET AND TAX LEVY CITY OF ST ANTHONY • RESOLUTION No. 09-092 A RESOLUTION SETTING THE CITY OF ST. ANTHONY'S 2010 GENERAL OPERATING BUDGET AND PROPERTY TAX LEVY. WHEREAS, Minnesota State Law requires the City of St. Anthony provide Hennepin and Ramsey Counties with a 2010 certified operating budget and property tax levy;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 operating budget and tax levy at their May 4,2009 and August 3, 2009,work sessions; and WHEREAS, the City Council further reviewed the 2010 operating budget, property tax levy and the levy limits established by the Minnesota Department of Revenue at its August 25, 2009, council meeting; and WHEREAS, The City Council held the required budget meeting on December 8, 2009, 7:00 P.M. in its Council Chambers, to discuss the 2010 operating budget and property tax levy with the residents of St. Anthony; and WHEREAS, the information required for the City Council to determine a definitive property tax levy has been • collected. NOW, THEREFORE,BE IT RESOLVED that: 1) The collectible 2010 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/Emerald Park Bonds $ 76,257.00 PERA Rate Increase Levy $ 7,500.00 Total 2010 Tax Levy $4,789,444.78 2) The 2010 General Fund Budget totals $5,283,400. Adopted this 8th day of December,2009 or • ATTEST: IVLI City Clerk Review for Administration: I f City Manager