HomeMy WebLinkAboutCC RES 97-042 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1998 TAX EVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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103248
Box: 26
Folder: RES 1997
Document: CC RES 97-042 RESOLUTION SETTING THE CIN OF ST.
ANTHONY PROPOSED 1998 TAX EW AND BUDGET IN COMPLIANCE
WITH THE TRUTH IN TAXATION ACT
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• CITY OF ST ANTHONY
RESOLUTION #97-042
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1998 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 1998 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 1998 proposed property tax levy is:
Property Tax Levy $1,901,145
Less: H.A.C.A. ( 334,378)
Proposed General Fund Levy $1,566,767
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 $ 174,089
Total 1998 Proposed Tax Levy $1,756,391
2) The 1998 General Fund Proposed Budget totals $3,130,900
BE IT FURTHER RESOLVED, that:
1) The hearing date for discussion of the 1998 proposed levy and budget is set at
• December 3, 1997, 7:00 P.M. in its Council Chambers and if necessary be
reconvened on December 17, 1997, 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 3, 1997 hearing, or if
necessary, prior to its completion of the December 17, 1997 reconvened hearing.
Adopted this _day of - , 1997
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ATTEST:
City Clerk
Reviewed for administration:
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City Manager
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