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09/08/98
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09/08/98
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
09/08/1998
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ADOPT RESOLUTION APPROVING PROPOSED MAXIMUM 1999 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 remains outside of the levy limits as certified. <br /> <br />proposed 1999 Payable Tax Levy_ <br /> <br />Proposed Tax Levies: <br /> General Fund Levy [levy limit as certified] <br /> Debt Service Levy <br /> <br />$ 2,439,537 <br /> 6,793 <br /> <br />TOTAL PROPOSED LEVY - 1999 <br /> <br />$ 2,446.330 <br /> <br />The attached resolution, as it is presented, reflects a maximum levy of $2,446,330. <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 Tuesday, September 15, <br />1998; therefore, the Council must make a decision at tonights meeting as to the amount of this <br />levy. <br /> <br />Scheduling Budget Public Heating Dates <br /> <br />The City of Ramsey's 1999 public heating to consider the 1999 budget and tax levy must be held <br />between November 29 and December 20, 1998, and the date of the initial heating must not <br />conflict with the dates selected by the county, school districts or special taxing districts, although <br />the continuation heating may. We have received notice from Anoka County that the other <br />governmental units have set the following hearing dates: <br /> <br /> <br />
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