HomeMy WebLinkAboutCC RES 97-058 RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1998 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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103264
Box: 26
Folder: RES 1997
Document: CC RES 97-058 RESOLUTION CERTIFYING THE CIN OF ST.
ANTHONY 1998 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE
TRUTH IN TAXATION AR
CITY OF ST ANTHONY
MW
RESOLUTION #97-058
A RESOLUTION CERTIFYING THE CITY OF ST. ANTHONY 1998 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 1998 tax levy and budget;
and
WHEREAS, the City Council has reviewed the City Manager's proposed 1998 budget;
and
WHEREAS, the City Council held a Public Hearing on December 3, 1997, 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 17, 1997, 7:30 P.M.
in its Council Chambers to adopt the final 1998 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 1998 property tax levy is:
Property Tax Levy $1,901,145
Less: H.A.C.A. ( 334,378)
Total General Fund Levy $1,566,767
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 $ 174,089
Total 1998 Tax Levy $1,756,391
2)-- The 1998 Total Operating Budget totals $5,869,750
Adopted this 'l 4h day of ��r_evr.I.,e--r- , 1997
/n� M or
ATTEST:(�o-yxc.� �cJ
City Clerk
Reviewed for administration:
Ci Manager