Title
Resolution of the Housing and Redevelopment Authority (HRA) Board of Commissioners Approving a 2027 Maximum Property Tax Levy for the HRA, Citywide
Body
WHEREAS, staff presented the 2027 HRA proposed budget to the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) for its consideration; and
WHEREAS, the HRA Board of Commissioners, in order to comply with the State of Minnesota’s Truth-In-Taxation laws, Minn. Stat. section 275.065, subd. 1, must certify a proposed maximum property tax levy payable in 2027 to Ramsey County on or before September 30, 2026; and
WHEREAS, the HRA proposed maximum property tax levy payable in 2027, is $6,713,906, calculated as follows:
|
HRA General Fund |
$6,579,628 |
|
2.0% Delinquency Allowance |
134,278 |
|
Proposed HRA Tax Levy |
$6,713,906 |
NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota, does hereby certify to the Ramsey County Auditor that the proposed maximum tax levy for the HRA for taxes payable in 2027 as: $6,713,906.