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<br />II <br />., <br /> <br />} <br /> <br />RESOLUTION NO 91-083 <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br /> <br />RESOLUTION ESTABLISHING THE MAXIMUM ALWWABLE LEVY FOR <br />1992 AND APPROVING THE PUBLIC HEARING DATES <br /> <br />Whereas, one part of the budget process requires that the City declare the maximum <br />tax amount; <br /> <br />i Whereas, preliminary work on the 1992 finances indicates that the necessary levy will <br />be $3,138,200; <br /> <br />Whereas, this levy is $257,100 above the 1991 certification; <br /> <br />Whereas, the only increases in the levy are to recover the loss of LGA and to meet <br />i the new needs for capital outlay and infrastructure replacement; <br /> <br />Whereas, as work progresses on the Annual Budget this declared amount may very <br />likely be reduced somewhat; <br /> <br />;: Whereas, another aspect of the budget process requires that a public hearing be held; <br />. I Now, therefore be it resolved that: <br />I <br />11 <br /> <br /> <br />The maximum allowable levy for 1992 will be $3,138,200. <br /> <br />2. The levy limit portion of this amount is $2,829,400. <br /> <br />i 3. The public hearing will be scheduled for 7:30 p.m. on November 26th. <br /> <br />, 4. If there is need to continue the hearing then final action will be taken on <br />December 3rd. <br />;/ <br /> <br /> <br />! Adopted this 27th day of August, 1991. <br /> <br />~ <br /> <br />Robert J. e, Mayor <br /> <br />.~ . <br />^ ..... ~ r. '7 ,. ; <br />Iv ~ n \ CfrvJhJ <br />David M. Childs, City Manager <br /> <br />I ATTEST: <br /> <br />!~CMV <br />! Margare A. Egan <br />: Finance Director/City Clerk <br />