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HomeMy WebLinkAboutCC RES 94-046 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1995 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 103447 Box: 26 Folder: RES 1994 Document: CC RES 94-046 RESOLUTION SETTING THE CIN OF ST. ANTHONY PROPOSED 1995 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT � t s • CITY OF ST ANTHONY RESOLUTION #94-046 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1995 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT WHEREAS, the Truth in Taxation Law requires that the City of St. Anthony provide Hennepin and Ramsey Counties with a proposed certified 1995 tax levy and budget; and WHEREAS, the information required for the City Council to make a definitive tax levy cannot be determined until the City of St. Anthony holds its public hearings; and WHEREAS, the furnishing of this proposed tax levy and budget is made contingent upon any revisions being allowed if the current law is modified. NOW, THEREFORE, BE IT RESOLVED that: • 1) the 1995 proposed property tax levy is: Property Tax Levy $1,786,933 Less: H.A.C.A. ( 342,740) Proposed General Fund Levy $1,444,193 Housing and Redevelopment Authority Levy $ 20,000 Less: H.A.C.A. ( 4,465) Proposed Housing and Redevelopment Authority Levy $ 15,535 Special Assessment/Road Improvements $ 73,142 Total 1995 Proposed Tax Levy $1,532,870 2) The 1995 General Fund Proposed Budget totals $2,812,370 BE IT FURTHER RESOLVED, that: 1) The hearing date for discussion of the 1995 proposed levy and budget be set at • November 30, 1994, 7:00 P.M., in its Council Chambers and if necessary be reconvened on December 14, 1994, 5:00 P.M. in its Council Chambers. xti • • • • 2) The subsequent hearing date to adopt the City's final property tax levy and budget shall be announced prior to completion of its November 30, 1994, hearing, or if necessary, prior to its completion of the December 14, 1994, reconvened hearing. Adopted thisday of J���L� 1994 Mayor ATTEST: u.PJ City Clerk Reviewed for administration: v City Manager • •