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HomeMy WebLinkAboutCC RES 95-070 RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1996 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 103400 Box: 26 Folder: RES 1995 Document: CC RES 95-070 RESOLUTION CERTIFYING THE CIN OF 5T. ANTHONY 1996 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT CITY OF ST ANTHONY RESOLUTION #95-070 A RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1996 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT WHEREAS, the Truth in Taxation Law requires the City of St. Anthony provide Hennepin and Ramsey Counties with a certified 1996 tax levy and budget; and WHEREAS, the City Council has reviewed the City Manager's proposed 1996 budget; and WHEREAS, the City Council held a Public Hearing on December 6, 1995, 7:00 P.M. in its Council Chambers to discuss the tax levy with the residents of St. Anthony; and WHEREAS, the City Council held a subsequent hearing on December 20, 1995, 7:00 P.M. in its Council Chambers to adopt the final 1996 property tax levy and budget; and WHEREAS, the information required for the City to calculate a definitive tax levy has been collected. NOW, THEREFORE, BE IT RESOLVED that: 1) the 1996 property tax levy is: Property Tax Levy $1,874,536 Less: H.A.C.A. ( 329,145) Total General Fund Levy $1,545,391 Housing and Redevelopment Authority Levy $ 20,000 Less: H.A.C.A. ( 4,329) Total Housing and Redevelopment Authority Levy $ 15,671 Special Assessment/Road Improvements $ 118,620 Total 1996 Tax Levy $1,679,682 • 2) The 1996 Operating Budget totals $5,813,840 Adopted this 20'd day of 1995 Mayor ATTEST: City Clerk Reviewed for administration: ov A ZY, y Manager f v� 4