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<br />" <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br /> <br />MEMORANDUM <br /> <br />DATE: <br /> <br />October 24, 2000 <br /> <br />TO: <br /> <br />Joe Lynch, City Administrator <br /> <br />Terrance Post, City Accountant @) <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />Resolution Authorizing a Tax Ratc Increase for Payable 2001 Taxes <br /> <br />Backe:round <br />Per Minnesota Statutes 275.078, the City Council must specifically approve a resolution <br />authorizing a rate increase for the Payable 2001 Levy. <br /> <br />After completing the worksheet provided by the Ramsey County Auditor's Department <br />(Attachment A), the allowable levy certification rate would calculate to 16.75%. However, the <br />preliminary levy certified to the County in September identified a dollar need of$I,839,517 or <br />$49,392 above tbat identified by the levy certification calculation of$I,790,125. <br /> <br />Recommcndation <br />Staff recommends that the Arden Hills City Council adopt Resolution No. 00-37, "A Resolution <br />Authorizing a Tax Rate Increase for the 2000 Tax Levy, Payable in 2001," at the regular City <br />Council mecting of October 30, 2000. <br />