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HomeMy WebLinkAboutCC RES 96-066 RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1997TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIIIVIIIVIIIVIII (IIIIVIIIIIIIIIII 103329 Box: 26 Folder: RES 1996 Document: CC RES 96-066 RESOLUTION CERTIFYING THE CIN OF ST. ANTHONY 1997TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT • CITY OF ST ANTHONY RESOLUTION #96-066 A RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1997 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 1997 tax levy and budget; and WHEREAS, the City Council has reviewed the City Manager's proposed 1997 budget; and WHEREAS, the City Council held a Public Hearing on December 4, 1996, 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 18, 1996, 7:00 P.M. in its Council Chambers to adopt the final 1997 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 1997 property tax levy is: Property Tax Levy $1,864,384 Less: H.A.C.A. ( 334,378) Total General Fund Levy $1,530,006 Housing and Redevelopment Authority Levy $ 20,000 Less: H.A.C.A. ( 4,465) Total Housing and Redevelopment Authority Levy $ 15,535 Special Assessment/Road Improvements $ 134,005 Total 1997 Tax Levy $1,679,546 • 2) The 1997 Operating Budget totals $5,559,175 • Adopted this I day of D P-z-em1996 Mayor ATTEST: City Clerk Reviewed for administration: 1 A/ City Manager • •