HomeMy WebLinkAboutCC RES 11-081 RESOLUTION SETTING THE CITY OF ST. ANTHONY'S 2012 GENERAL OPERATING BUDGET AND TAX LEVY Meeting Sheet
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Box: 31
Folder: RES 2011
Document: CC RES 11-081 RESOLUTION SETTING THE CITY OF ST.
ANTHONY'S 2012 GENERAL OPERATING BUDGET AND TAX LEVY
CITY OF ST ANTHONY
RESOLUTION No. 11-081
A RESOLUTION SETTING THE CITY OF ST.ANTHONY'S
2012 GENERAL OPERATING
BUDGET AND PROPERTY TAX LEVY.
WHEREAS, Minnesota State Law requires the City of St.Anthony provide Hennepin and Ramsey
Counties with a 2012 certified operating budget and property tax levy; and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the January, 2011, goal setting
session, held a Public Hearing on April 26, 2011, reviewed the 2012 property tax levy, budget and
capital equipment needs at their April 4, 2011, May 2, 2011, May 31, 2011 and August 1, 2011, work
sessions;and
WHEREAS, the City Council further reviewed the 2012 operating budget, property tax levy at its August 9, 2011,
council meeting; and
WHEREAS, The City Council held the required budget meeting on December 13, 2011, 7:00 P.M. in its Council
Chambers,to discuss the 2012 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 2012 property tax levy has been
collected.
NOW,THEREFORE, BE IT RESOLVED that:
1) The proposed collectible 2012 Property Tax Levy is:
General Operating Fund Property Tax Levy $3,045,166.00
Road Improvement Levy $1,500,754.84
Lease Revenue Bonds $ 409,773.00
Housing&Redevelopment Authority Levy $ 110,500.00
Tax Abatement Levy $ 149,394.82
PERA Rate Increase Levy $ 7,500.00
Total Proposed 2012 Tax Levy $5,223,088.66
2) The proposed 2012 General Operating Budget totals $5,498,650.
Adopted this 13th day of December, 2011
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ATTEST: 20 i
City Clerk
Review for Administration:
City Manager ly