HomeMy WebLinkAboutRES 17-083 SETTING THE FINAL 2018 TAX LEVY AND ADOPTING THE 2018 BUDGET DOCUMENT FOR THE CITY OF ST. ANTHONY VILLAGECITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 17 -083
A RESOLUTION SETTING THE FINAL 2018 TAX LEVY AND ADOPTING THE 2018
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 2018 certified property tax levy and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the January 2017,
goal setting session, held a public meeting on May 9, 2017 for input on the budget process,
reviewed the 2018 Road Improvement and Debt Levy planning at the May 30, 2017 work
session, public meetings were held August 22, 2017 and September 12, 2017 for public
input on the 2018 budget and property tax levy, the 2018 -2034 Capital improvement
Budgets were reviewed at the October 30, 2017 work session,
WHEREAS, the allowed Debt Levies will be reduced by $526,880; and
WHEREAS, The City Council held the required Truth in Taxation meeting on Tuesday, December 12,
2017, 7:00 P.M. in its Council Chambers, to discuss the 2018 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 2018 property tax levy
has been collected
NOW, THEREFORE, BE IT RESOLVED that:
1) The Final 2018 Property Tax Levy is:
General Operating Levy
$3,975,534
Capital Improvement Project Levy
$ 233,200
Road Improvement Levy
$1,833,431
Lease Revenue Bonds
$ 344,882
Housing and Redevelopment Authority Levy
$ 162,534
Tax Abatement Levy
$ 227,430
Building Improvement Levy
73,000
Total
$6,850,011
2) The budgets included in the 2018 Budget document will be adopted as the final fund budgets.
Adopted this 12th day of December, 2017.
ATTEST: ju�w
Nicc4e Miller, City elerk
Reviewed for administration:
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Jerome O. Faust, Mayor
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Mark Casey, City Manager