HomeMy WebLinkAboutCC RES 98-070 RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1999 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet
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103192
Box: 26
Folder: RES 1998
Document: CC RES 98-070 RESOLUTION SETTING THE CIN OF ST.
ANTHONY PROPOSED 1999 TAX LEVY AND BUDGET IN COMPLIANCE
WITH THE TRUTH IN TAXATION ACT
• CITY OF ST ANTHONY
RESOLUTION #98-070
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 1999 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 1999 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 1999 proposed property tax levy is:
Property Tax Levy $1,950,355
Less: H.A.C.A. ( 334,208)
Proposed General Fund Levy $1,616,147
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 $ 237,206
Total 1999 Proposed Tax Levy $1,868,888
2) The 1999 General Fund Proposed Budget totals $3,362,300
BE IT FURTHER RESOLVED, that:
1) The hearing date for discussion of the 1999 proposed levy and budget is set at
• December 7, 1998, 7:00 P.M. in its Council Chambers and if necessary be
reconvened on December 16, 1998, 7:00 P.M. in its Council Chambers.
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 7, 1998 hearing, or if
necessary, prior to its completion of the December 16, 1998 reconvened hearing.
Adopted this S41
I day of soafmrnbt-_Y' , 1998
ayor
ATTEST:
City Clerk /
Reviewed for administration: �1
City Manager
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