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FC CASE # <br /> <br /> ADOPT RESOLUTION APPROVING PROPOSED MAXIMUM 2000 PAYABLE TAX <br /> LEVY AND SCHEDULING BUDGET PUBLIC HEARING DATES <br /> By: Diana Lund, Finance Officer <br /> <br />Background: <br /> <br />The following information is based on the levy limits as certifed by the Minnesota Department of <br />Revenue. The debt service levy pertaining to lease revenue bond and certificates of indebtedness <br />are outside of the levy limits as certified. <br /> <br />Proposed 2000 Payable Tax Levy <br /> <br />Proposed Tax Levies: <br /> General Fund Levy [levy limit as certified] <br /> Debt Service Levy - Lease Revenue Bond- <br /> (Fire Station #2) (Being Requested) <br /> Certificates of Indebtedness (Capital Equip Certif) <br /> (Being Requested) <br /> <br />$ 2,686,259 <br /> <br /> 163,131 <br /> 75,980 <br /> <br />TOTAL PROPOSED LEVY- 2000 <br /> <br />The attached resolution, as it is presented, reflects a maximum levy of $2,925,370. <br /> <br />While the maximum proposed levy can always be reduced, it cannot be increased without <br />"higher" level approval through an appeals process. Therefore, it is staff's position that the <br />maximum proposed levy be adopted at tonight's meeting at the level proposed. <br /> <br />The proposed maximum levy must be certified to Anoka County by Wednesday, September 15, <br />1999 therefore, the Council must make a decision at tonights meeting as to the amount of this <br />levy. <br /> <br />Scheduling Budget Public Hearing Dates <br /> <br />The City of Ramsey's 2000 public hearing to consider the 2000 budget and tax levy must be held <br />between November 29 and December 20, 1999, 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 from Anoka County that the other <br />governmental units have set the following hearing dates: <br /> <br /> <br />