HomeMy WebLinkAboutRES 21-094 SETTING THE FINAL 2022 TAX LEVY AND ADOPTING THE 2022 BUDGET DOCUMENT FOR SAVCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 21-094
A RESOLUTION SETTING THE FINAL 2022 TAX LEVY AND ADOPTING THE 2022
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 2022 certified property tax levy and
WHEREAS, the City Council discussed key financial issues and budgeting goals at the January 2021,
goal setting session; and March 9' work session reviewing existing infrastructure
improvement schedule and 2022 Debt Levy; and a June 8a' work session to the initial 2022
Budget and Property Tax Levy estimates, public meetings were held August 24 h and
September 10 for public input on the 2022 budget and property tax levy, the 2022-2038
Capital Improvement Budgets were reviewed at the October 12t° work session and
approved at the October 26' Council meeting,
WHEREAS, the allowed Debt Levies will be reduced by $559,345 based on sufficient funds; and
WHEREAS, the City Council held the required Truth in Taxation meeting on Tuesday, December 14,
2021, 7:00 P.M. in its Council Chambers, to discuss the 2022 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 2022 property tax levy has
been collected
NOW, THEREFORE, BE IT RESOLVED that:
1) The Final 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 2022 General Fund operating budget of $8,013,767 (based on 2022 General Fund
expenditures) will be adopted as the final operating budget.
Adopted this141 day of December, 2021.
ATTEST:
Off Clerk
Reviewed for administration:
Charlie Yunker, City Manager