HomeMy WebLinkAboutRES 19-064 SETTING THE PRELIMINARY 2020 TAX LEVY AND GENERAL OPERATING BUDGET FOR THE CITY OF ST. ANTHONY VILLAGECITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 19-064
A RESOLUTION SETTING THE PRELIMINARY 2020 TAX LEVY AND GENERAL
OPERATING BUDGET 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 proposed 2020 certified property tax levy and operating budget;
and
WHEREAS, the City Council held a public meeting on March 26th reviewing key financial issues and
budgeting goals which invited public input on the budget process; and June 3rd work
session reviewing existing infrastructure improvement schedule and 2020 Debt Levy; and
an August 5th work session to review revised infrastructure improvement schedule and
Proposed 2020 Budget and Property Tax Levy
WHEREAS, the allowed Debt Levies will be reduced by $477,313 based on sufficient funds; and
WHEREAS,
WHEREAS,
WHEREAS,
the City Council further reviewed the proposed 2020 property tax levy and general
operation budget at the August 27, 2019, City Council meeting; and
the preliminary tax levy and budget is contingent upon any revisions allowed if the current
law is modified; and
the City Council will determine a final property tax levy and budget at the
Tuesday, December 10, 2019, public hearing held at 7:00 p.m. in the Council Chambers.
NOW, THEREFORE, BE IT RESOLVED that:
1) The preliminary 2020 Property Tax Levy is:
General Operating Levy
Capital Improvement Project Levy
Road Improvement Levy
Lease Revenue Bonds
Housing and Redevelopment Authority Levy
Tax Abatement Levy
Building Improvement Levy
2) The preliminary 2020 General Operating Budget totals $7598,454
Adopted this 10t day of September, 2019.
ATTEST:
Nicol Miller, City erk
Reviewed for administration:
$4,571,013
$ 283,200
$1,823,254
$ 341,602
$ 185,064
$ 322,325
$ 83,000
$7,609,458
(erorne O. Faust, Mayor
�l
Mark Casey, City Manager