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HomeMy WebLinkAboutCC RES 99-064 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2000 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet 1111 . 111111111111I 104926 Box: 31 Folder: RES 1999 Document: CC RES 99-064 A RESOLUTION SETTING THE CIN OF ST. ANTHONY PROPOSED 2000 TAX LEVY AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT • CITY OF ST ANTHONY RESOLUTION #99-064 A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2000 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 2000 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: • 1) The collectible 2000 proposed property tax levy is: Property Tax Levy $1,996,178 Less: H.A.C.A. ( 349,208) Proposed General Fund Levy $1,646,970 Housing and Redevelopment Authority Levy $ 20,000 Less: H.A.C.A. ( 4,597) Proposed Housing and Redevelopment Authority Levy $ 15,403 Special Assessment/Road Improvements $ 238,142 Total 2000 Proposed Tax Levy $1,900,515 2) The 2000 General Fund Proposed Budget totals $3,527,450 BE IT FURTHER RESOLVED, that: 1) The hearing date for discussion of the 2000 proposed levy and budget is set at • November 30, 1999, 7:00 P.M. in its Council Chambers and if necessary be reconvened on December 16, 1999, 7:00 P.M. in its Council Chambers. if — k • 2) The subsequent hearing date to adopt the City's final property tax levy and budget shall be announced prior to completion of its November 30, 1999 hearing, or if necessary, prior to its completion of the December 16, 1999 reconvened hearing. Adopted this 1 day of ,va , 1999 z d A ayor ATTEST: City Clerk Reviewed for administration: City Manager • •