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r <br />/ rrrrrrrrrrrrr� r%% <br />rrr <br />om I osevill e City Council, Blear Beets, Chris Miller <br />Cathy Bennett, HIAA Executive Director <br />Consider an FORA Leery as part of the budget process for 2004 to fund future housing pro rams in <br />the City of Roseville. <br />If the maximum requested HRA 1evY (,0144 % of taxable . <br />$493,000) rr�ar�et va��e a��ro�rrx�atel� <br />eras initiated as part of the 004 budget process th <br />i tai � R e estimated increase in the average <br />using the average assessed value of 175,000 would he approximately <br />r�tl� independent $25 ($2 per <br />�o <br />of all ether offsetting factors. <br />As discussed at previous council meetings a to of $200, � � 00 may be an option to sustain <br />the HRA in 2004. Using the same assessed value of . e �f levy �v��td � e are <br />estimatod increase to the CHY tax of approximatet $10.2 0.8 e <br />Y � � r m onth). <br />A revised budget has been prepared by staff that would reflect <br />a 200 000 fe a reduced budget with or�t� <br />. The reduced budget plan includes the elimination of funds to support family renovation and includes the addition of fmm Ramsey <br />County to support <br />the first tlrr�e buyer ego �� <br />effort as part of Applewood Pointe. (rote: rs reduced budget has � <br />been approved b the full �fRA Board � � � - not <br />since a meeting of the Board will not be held ur�t <br />September 16+ if the reduced levy is supported b Council the revised for � cursed budget will �e <br />approval by the H A Board prior to certificadon of the final levy), <br />