HomeMy WebLinkAboutRES 16-089 SETTING THE FINAL 2017 TAX LEVY AND ADOPTING THE 2017 BUDGET DOCUMENT FOR THE CITY OF ST. ANTHONY VILLAGECITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 16 -089
A RESOLUTION SETTING THE FINAL 2017 TAX LEVY AND ADOPTING THE 2017
BUDGET DOCUMENT FOR THE CITY OF ST. ANTHONY VILLAGE
WHEREAS, Minnesota State Law requires that the City of St. Anthony Village provide Hennepin and
Ramsey Counties with a final 2017 certified property tax levy and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the January, 2016,
goal setting session, held a public meeting on April 26, 2016 for input on the budget
process, reviewed the 2017 Road Improvements and 2017 Debt Levy in a work session held
June 29 2016, reviewed the 2017 preliminary levy and General Fund revenues and expenses
in a work session held August 1, 2016, the 2017 -2033 Capital improvement Budgets were
reviewed at the October 31, 2016 work session, public meetings were held August 23, 2016
and September 13, 2016 for public input on the 2017 budget.
WHEREAS, the allowed Debt Levies will be reduced by $371,141; and
WHEREAS, The City Council held the required Truth in Taxation meeting on Tuesday, December 13,
2016, 7:00 P.M. in its Council Chambers, to discuss the 2017 budget and property tax levy
with the residents of St. Anthony Village; and
WHEREAS, the information required for the City Council to determine a Final 2017 property tax levy
has been collected
NOW, THEREFORE, BE IT RESOLVED that:
1) The Final 2017 Property Tax Levy is:
General Operating Levy
$3,573,493
Housing and Redevelopment Authority Levy
$
157,800
Capital Improvement Project Levy
$
233,200
Road Improvement Levy
$1,827,208
Lease Revenue Bonds
$
361,207
Tax Abatement Levy
$
224,877
Building Improvement Levy
$
73,000
$6,450,785
2) The fund budgets included in the 2017 Budget document be adopted as the final fund budgets
Adopted this 13`h day of December, 2016.
Jerome O. Faust, Mayor
ATTEST: _ co 6 Mil
Nicol Miller, City Clerk
Reviewed for administration:
ark Casey, City Mfiager