HomeMy WebLinkAboutRES 22-063 SETTING THE PRELIMINARY 2023 TAX LEVY AND GERNAL OPERATING BUDGET FOR THE CITY OF ST ANTHONY VILLAGECITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 22-063
A RESOLUTION SETTING THE PRELIMINARY 2023
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 2023 certified property tax levy and operating budget;
and
WHEREAS, the City Council held a work session and City Council meeting on July 12a' reviewing and
then approving the infrastructure improvement schedule and 2023 Debt Levy requirements
on March 221 and July 12a' respectively; and an August 8s' work session to review the
initial 2023 Budget and Property Tax Levy estimates.
WHEREAS, the City Council further reviewed the proposed 2023 property tax levy and general
operation budget at the August 23, 2022, City Council meeting; and
WHEREAS, the allowed Debt Levies will be reduced by $589,124 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 13, 2022, public hearing held at 7:00 p.m. in the Council Chambers.
NOW, THEREFORE, BE IT RESOLVED that:
1) The preliminary 2023 Property Tax Levy is:
General Operating Levy $5,479,630
Capital Improvement Project Levy $ 338,200
Debt Service Levy $2,487,181
Housing and Redevelopment Authority Levy $ 209,414
Building Improvement Levy $ 93,000
Infrastructure Levy $ 70,000
Park Improvement Levy $ 10,000
i.
2) The preliminary 2023 General Fund Operating Budget totals $8,761,562
Adopted this 13a' day of September, 2022.
Reviewed for administration:
B and Walker, Mayor Pro Terr
Char ie Yunker, City Manager