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91-2244������ Council File # h Green Sheet # " , RESOLUTION OF SAINT PAUL, MINNESOTA Presented B Referred To Committee: Date RESOLVED, That in anticipation of the Council of the City of Saint Paul adopting the General Fund Budget, General Debt Service Fund Budget for the City's fiscal year 1992 in accordance with Section 11.04 of the City Charter and to provide property ta�c revenue for the adopted budgets, the Council does hereby levy t�es on all t�able property with Saint Paul corporate limits, to be collected in 1992 in the amounts set forth below, including an amount for ta.�c delinquencies and does hereby direct the City Clerk to forward this adopted levy resolution to the Ramsey County Department of Tu�ation in accordance with the applicable provisions of the City Charter and other laws: Taac Levy Description Payable in 1992 Total City Levy for Operations and Debt Service $82,489,400 (A) City Levy for Port Authority per MN Stat. 469.053 $ 1,510,600 TOTAL LEVY $84,000,000 (A) Allowance for anticipated 3.6% ta�c delinquencies for operations. The debt service funds have a 5% mandatory reserve as provided by Minnesota Statutes 475.61. (B) The taac levy for city operations includes $1,145,833 (including 3.6% for delinquencies) to be placed in an escrow account pending determination that the City is legally permitted to reduce payment to the local Police and Fire Relief Associations. �R�����IA�. �q��aa�� fi FURT'HER RESOLVED, That the Budget Director complete and transmit the necessary State forms identifying which t� levy authorities are being used to the State Revenue Department. Yeas Na,� Absent Requested by Department of: imon ,� oswi z � on .� acca ee i� e man ,% une � i son �— By: C� Adopted by Council: Date ��� 3 1991 Form Appr d by City Attorney Adoption Certified by Counci;l Secretary B , y: � � ,� � , � By� Approv y Mayor for Submission to Approved by� ayor: ^ ate � �991 Council sy: (�',,, ,�f �..r By: � P�t�l1S�l�D C�'C �. �'91