HomeMy WebLinkAboutCC RES 95-046 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1996 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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103377
Box: 26
Folder: RES 1995
Document: CC RES 95-046 RESOLUTION SETTING THE CIN OF ST.
ANTHONY PROPOSED 1996 TAX LEVY AND BUDGET IN COMPLIANCE
WITH THE TRUTH IN TAXATION AR
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CITY OF ST ANTHONY
RESOLUTION #95-046
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1996 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 1996 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 1996 proposed property tax levy is:
Property Tax Levy $1,874,536
Less: H.A.C.A. ( 329,145)
Proposed General Fund Levy $1,545,391
Housing and Redevelopment Authority Levy $ 20,000
Less: H.A.C.A. ( 4,329)
Proposed Housing and Redevelopment Authority Levy $ 15,671
Special Assessment/Road Improvements $ 118,620
Total 1996 Proposed Tax Levy $1,679,682
2) The 1996 General Fund Proposed Budget totals $2,923,325
BE IT FURTHER RESOLVED, that:
• 1) The hearing date for discussion of the 1996 proposed levy and budget be set at
December 6, 1995, 7:00 P.M. in its Council Chambers and if necessary be
reconvened on December 20, 1995, 7:00 P.M. in its Council Chambers.
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2) The subsequent hearing date to adopt the City's final property tax levy and budget
shall be announced prior to completion of its December 6, 1995 hearing, or if
necessary, prior to its completion of the December 20, 1995 reconvened hearing.
Adopted this-1Z±-day of 1995
Mayor
ATTEST:
City Clerk
Reviewed for administration:
Cily Manager
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