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FC CASE <br /> <br />ADOPT RESOLUTION APPROVING PROPOSED 2004 PAYABLE TAX LEVY <br /> By: Diana Lund, Finance Officer <br /> <br />Background: <br /> <br />Proposed 2004 Payable Tax Levy <br /> <br />Proposed Tax Levies: General Fund Levy <br /> Debt Service Levy- Lease Revenue Bond- (Fire Station #2) (Being Requested) <br /> Certificates of Indebtedness (2003 Cap Equip Cert) <br /> (Being Requested) <br /> Certificates of Indebtedness (2004 Cap Equip Cert) <br /> (Being Requested) <br /> Pera Rate Increase (Being Requested) <br /> Drainage District Levy (Mississippi Subdrainage) <br /> <br />$ 4,779,317 <br /> <br /> 150,607 <br /> <br /> 67,702 <br /> <br /> 76,354 <br /> 8,784 <br /> 43,348 <br /> <br />TOTAL PROPOSED LEVY - 2004 <br /> <br />$ 5,126,112 <br /> <br />The attached resolution, as it is presented, reflects a levy of $5,126,112. <br /> <br />While the proposed levy can always be reduced, it cannot be increased without "higher" level <br />approval through an appeals process. Therefore, it is staff's position that the maximum proposed <br />levy be adopted at tonight's meeting at the level proposed. <br /> <br />The proposed levy must be certified to Anoka County by Monday, September 15, 2003. <br />Therefore, the Council must make a decision at tonights meeting as to the amount of this levy. <br /> <br />Scheduling Budget Public Hearing Dates <br /> <br />The City of Ramsey's 2004 public hearing to consider the 2004 budget and tax levy must be held <br />between November 29 and December 20, 2003, and the date of the initial hearing must not <br />conflict with the dates selected by the county, school districts or special taxing districts, although <br />the continuation hearing may. We have received notice fi.om Anoka County that the other <br />governmental units have set the following hearing dates: <br /> <br /> Taxing District <br />Anoka County <br /> <br />ISD #11 (Anoka-Hennepin) <br />ISD #728 (Elk River) <br /> <br /> Initial Hearing Date <br />Thursday, December 4, 2003 <br />Tuesday, December 2, 2003 <br />Tuesday, December 2, 2003 <br /> <br /> Reconvene Hearing Date <br />Tuesday, December 16, 2003 <br />Tuesday, December 9, 2003 <br />Tuesday, December 9, 2003 <br /> <br /> <br />