HomeMy WebLinkAboutCC RES 96-051 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1997 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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Box: 26
Folder: RES 1996
Document: CC RES 96-051 RESOLUTION SETTING THE CITY OF ST.
ANTHONY PROPOSED 1997 TAX LEVY AND BUDGET IN COMPLIANCE
WITH THE TRUTH IN TAXATION ACT
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• CITY OF ST ANTHONY
RESOLUTION #96-051
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1997 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 1997 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:
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1) the 1997 proposed property tax levy is:
Property Tax Levy $1,864,384
Less: H.A.C.A. ( 334,378)
Proposed General Fund Levy $1,530,006
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 $ 134,005
Total 1997 Proposed Tax Levy $1,679,546
2) The 1997 General Fund Proposed Budget totals $3,021,875
BE IT FURTHER RESOLVED, that:
1) The hearing date for discussion of the 1997 proposed levy and budget be set at
• December 4, 1996, 7:00 P.M. in its Council Chambers and if necessary be
reconvened on December 18, 1996, 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 4, 1996 hearing, or if
necessary, prior to its completion of the December 18, 1996 reconvened hearing.
Adopted this_Lat_day of�:¢a , 1996
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ATTEST:
City Clerk
Reviewed for administration: IJ
City Manager
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