Title
Library Board Resolution Adopting 2019 Budget and Requesting Property Tax Financing
Body
WHEREAS, Mayor Melvin Carter presented the proposed 2019 budget for the Saint Paul Public Library Agency on August 29, 2018 at the Rondo Community Library; and
WHEREAS, the Board of Commissioners of the Saint Paul Public Library Agency held a public hearing on the proposed budget on December 5th, 2018 in the City Council Chambers, after notice was published in accordance with the law, at which public hearing all those appearing who so desired to speak were heard; and
WHEREAS, the budget requested by the Library Agency and proposed by the Mayor includes tax levy financing as detailed in Attachment B; now,therefore be it
RESOLVED, that the Saint Paul Library Board does hereby adopt the 2019 budgets as proposed by the Mayor with such monetary changes, additions, and deletions as are hereby adopted and which, along with total budgets, are set forth in Attachment A; and be it
FURTHER RESOLVED, that the Board of Commissioners has determined that property tax revenues are required to finance the 2019 Budget as detailed in Attachment B; and be it
FURTHER RESOLVED, that in accordance with Saint Paul Administrative Code Section 14.05, the Library Agency requests that the City of Saint Paul levy the amount shown in Attachment A, which includes a 2.0% allowance for delinquencies and uncollectibles, on behalf of the Library Agency, and certify to the Ramsey County Auditor the portion of the proposed maximum levy shown on the attached for the Saint Paul Library agency for taxes payable in 2019; and be it
FINALLY RESOLVED that the Board of Commissioners requests and recommends that the Saint Paul City Council certify in 2019 a property tax levy as detailed in Attachment B to be collected in 2019 which will provide net property tax revenues as indicated in Attachments A and B for the 2019 Public Library Agency budgets.
Financial Analysis
See attachments for additional details.
Attachments:
- Attachment A: 2019 Budget Balancing Status (library Agency - resolution attachment)
- Attachment B: Financial Analysis - Property Tax Levy