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CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 16 -064 <br />A RESOLUTION SETTING THE PROPOSED 2017 TAX LEVY AND GENERAL OPERATING <br />BUDGET FOR THE CITY OF ST. ANTHONY VILLAGE <br />WHEREAS, Minnesota State Law requires that the City of St. Anthony Village provide Hennepin and <br />Ramsey Counties with a proposed 2017 certified property tax levy and operating budget; <br />and <br />WHEREAS, the City Council discussed key financial issues and budgeting goals at the June 29h and <br />August 1" work sessions and a public meeting was held on April 26, 2016 for input on the <br />budget process; and <br />WHEREAS, the allowed Debt Levies will be reduced by $371,141; and <br />WHEREAS, the City Council further reviewed the proposed 2017 property tax levy and general <br />operation budget at the August 23, 2016, City Council meeting; and <br />WHEREAS, the preliminary tax levy and budget is contingent upon any revisions allowed if the current <br />law is modified; and <br />WHEREAS, the City Council will determine a definitive property tax levy and budget at the <br />Tuesday, December 13, 2016, public hearing held at 7:00 p.m. in the Council Chambers. <br />NOW, THEREFORE, BE IT RESOLVED that: <br />1) The proposed 2017 Property Tax Levy is: <br />General Operating Levy <br />$3,573,493 <br />Housing and Redevelopment Authority Levy <br />$ 157,800 <br />Capital Improvement Project Levy <br />$ 233,200 <br />Road Improvement Levy <br />$1,827,208 <br />Lease Revenue Bonds <br />$ 361,207 <br />Tax Abatement Levy <br />$ 224,877 <br />Building Improvement Levy <br />73,000 <br />$6,450,785 <br />2) The proposed 2017 General Operating Budget totals $7,106,990 <br />Adopted this 13th day of September, 2016. <br />ATTEST: <br />i�� �(/v" Jerome O. Faust, Mayor <br />Nic le Miller, City Clerk <br />Reviewed for administration: d <br />Mark Casey ity Manager <br />