HomeMy WebLinkAboutRES 21-066 SETTING THE PRELIMINARY 2022 TAX LEVY AND GENERAL OPERATING BUDGET FOR THE CITY OF ST. ANTHONY VILLAGECITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 21-066
A RESOLUTION SETTING THE PRELIMINARY 2022 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 2022 certified property tax levy and operating budget;
and
WHEREAS, the City Council held a work session reviewing the infrastructure improvement schedule
and 2022 Debt Levy requirements on March 9th ; and an June 8`h work session to review the
initial 2022 Budget and Property Tax Levy estimates: and an July 13`h public hearing to
review and approve the 2022 overall Debt levy and future Road Improvement schedule.
WHEREAS, the City Council further reviewed the proposed 2022 property tax levy and general
operation budget at the August 24, 2021, City Council meeting; and
WHEREAS, the allowed Debt Levies will be reduced by $559,345 based on sufficient funds; and
WHEREAS, the preliminary tax levy and budget is contingent upon any revisions allowed if the current
law is modified; and
WHEREAS, the City Council will determine a final property tax levy and budget at the
Tuesday, December 14, 2021, public hearing held at 7:00 p.m. in the Council Chambers.
NOW, THEREFORE, BE IT RESOLVED that:
1) The preliminary 2022 Property Tax Levy is:
General Operating Levy $5,080,297
Capital Improvement Project Levy $ 308,200
Debt Service Levy $2,487,181
Housing and Redevelopment Authority Levy $ 209,414
Building Improvement Levy $ 88,000
Infrastructure Levy $ 65,000
Park Improvement Levy $ 5,000
$8,243,092
2) The preliminary 2022 General Fund Operating Budget to s $7,994,029
Adopted this 14'h day of September, 2021. K�
Randy Stille, Mayor
ATTEST:
City elerk
Reviewed for administration:
Charlie Yunker, City Manager