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<br /> CHAPTER 9 <br /> TAXATION AND BONDING <br /> Sec. 9.01 Authority <br /> The county board shall have full authority over the financial <br /> affairs of the county except as limited by the State <br /> Constitution or this charter. This authority shall include the <br /> power by resolution to assess, levy, and collect taxes on all <br /> subjects or objects of taxation, and by ordinance to issue <br /> bonds, except as limited or prohibited by the State Constitution <br /> or this charter. <br /> Sec. 9.02 Taxing Authority <br /> The county board may levy annually on all taxable property in <br /> the county the following taxes: <br /> 1. A tax for general county purposes. <br /> 2. Taxes required for the payment of principal and interest <br /> on bonds, levy certificates, and other obligations of the <br /> county. <br /> 3. Other taxes authorized by law without regard to charter or <br /> statutory limitations. <br /> Sec. 9.03 Certification of Tax Levy <br /> After the adoption of the budgets as prescribed in this charter, <br /> the county board shall adopt a tax levy resolution showing the <br /> amount which must be provided by an ad valorem tax on all <br /> taxable real and personal property in the county. In addition <br /> to the amount required to be provided, the county board in the <br /> adoption of a tax levy resolution may include a reasonable <br /> allowance for uncollectibles. The tax levy resolution shall be <br /> certified in accordance with law. <br /> Sec. 9.04 Tax Anticipation Obligations <br /> The county board, by resolution, may issue and sell notes, <br /> warrants, certificates or other evidence of indebtedness of <br /> Ramsey County in anticipation of tax revenue from taxes levied <br /> but not collected. The total amount of the indebtedness <br /> outstanding at any time shall not exceed 80 percent of the taxes <br /> levied by the county for the year before the one in which the <br /> certificates are issued. The indebtedness shall mature not <br /> later than three months after the anticipated date of receipt in <br /> full of the taxes so anticipated. The indebtedness shall be <br /> negotiable and shall bear interest before and after maturity at <br /> such rate or rates as the county board shall determine and shall <br /> otherwise be issued in accordance with this charter. <br /> 19 <br />