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CITY OF SAINT ANTHONY VILLAGE <br />RESOLUTION 25-085 <br />A RESOLUTION SETTING THE FINAL 2026 TAX LEVY AND GENERAL <br />OPERATING BUDGET FOR THE CITY OF SAINT ANTHONY VILLAGE <br />WHEREAS, Minnesota State Law requires that the City of Saint Anthony Village provide <br />Hennepin and Ramsey Counties with a final 2026 certified property tax levy and <br />operating budget; and <br />WHEREAS, the City Council discussed key financial issues and budgeting goals at the January <br />2025, goal setting session; and June 24th work session reviewing existing <br />infrastructure improvement schedule and 2026 Debt Levy; and a July 22nd and <br />August 12th work sessions for the initial 2026 Budget and Property Tax Levy <br />estimates, public meetings were held August 26th and public hearing on <br />September 9th for public input on the 2026 budget and property tax levy, the <br />2026-2042 Capital Improvement Budgets were reviewed at the October 14th work <br />session and approved at the October 28th Council meeting; and <br />WHEREAS, the scheduled debt levy for Series 2015A (9411) in the amount of 186,028.99 is <br />cancelled and will be levied at a reduced amount of 171,028.99 and there are <br />sufficient funds on hand to cover the debt service payment; and <br />WHEREAS, the scheduled debt levy for Series 2016A (9413) in the amount of 104,965.36 is <br />cancelled and will be levied at a reduced amount of 84,965.36 and there are <br />sufficient funds on hand to cover the debt service payment; and <br />WHEREAS, the scheduled debt levy for Series 2017A (9415A) in the amount of 70,297.50 is <br />cancelled and will be levied at a reduced amount of 0.00 and there are sufficient <br />funds on hand to cover the debt service payment; and <br />WHEREAS, the scheduled debt levy for Series 2020A (9419A) in the amount of 232,747.36 is <br />cancelled and will be levied at a reduced amount of 212,747.36 and there are <br />sufficient funds on hand to cover the debt service payment; and <br />WHEREAS, the scheduled debt levy for Series 2021A (9420A) in the amount of 151,481.31 is <br />cancelled and will be levied at a reduced amount of $106,480.92 and there are <br />sufficient funds on hand to cover the debt service payment; and <br />WHEREAS, the scheduled debt levy for Series 2022A (9421) in the amount of 193,061.30 is <br />cancelled and will be levied at a reduced amount of 13,061.30 and there are <br />sufficient funds on hand to cover the debt service payment; and <br />