Title
Recommending the amendment to Chapter 11.03 of the Saint Paul Charter pertaining to the City of Saint Paul's tax authority.
Body
WHEREAS, the Office of Financial Services has determined that there exist within Section 11.03 of the Charter of the City of Saint Paul provisions that are now outdated and need to be amended; and
WHEREAS, all changes to the City Charter must be recommended by the Saint Paul Charter Commission; and
WHEREAS, the Saint Paul City Council by RES 18-1958 Saint Paul hereby requests the Saint Paul Charter Commission to approve the following proposed changes to Chapter 11.03:
Sec. 11.03. - Property Tax authority.
The city may levy annually on each dollar of assessed valuation of taxable property in the city the following taxes:
(1) A tax for general city purposes not to exceed 49.505 mills. The tax thus authorized shall not be reduced by the amount of personal property replacement revenues available to the city under Minnesota Statutes, Section 273.69, nor shall it be increased by any additional tax authorized under Minnesota Statutes, Section 273.13, Subdivision 7a, relating to adjustment in homestead valuations, or Section 272.64 relating to the household goods tax.
(2) Taxes required for the payment of principal and interest on bonds, levy certificates and other obligations of the city.
(3) Taxes required for the support of pension and retirement funds for city personnel.
(4) A tax for the city's share of the cost of the Metropolitan Airports Commission.
(5) A tax for the city's share of the cost of conducting activities of the board of public welfare of the County of Ramsey.
(6)Other taxes authorized by law in excess of or in lieu of Charter or statutory limitations.
NOW THEREFORE BE IT RESOLVED, the Saint Paul Charter Commission hereby recommends the following amendment to Chapter 11.03 of the Saint Paul Charter:
Sec. 11.03. - Property Tax authority.
The city may levy annually on each dollar of assessed valuation of taxable property in the city the following taxes:
(1) A tax for general city purposes not to exceed 49.505 mills. The tax thus authorized shall not be reduced by the amount of personal property replacement revenues available to the city under Minnesota Statutes, Section 273.69, nor shall it be increased by any additional tax authorized under Minnesota Statutes, Section 273.13, Subdivision 7a, relating to adjustment in homestead valuations, or Section 272.64 relating to the household goods tax.
(2) Taxes required for the payment of principal and interest on bonds, levy certificates and other obligations of the city.
(3) Taxes required for the support of pension and retirement funds for city personnel.
(4) A tax for the city's share of the cost of the Metropolitan Airports Commission.
(5) A tax for the city's share of the cost of conducting activities of the board of public welfare of the County of Ramsey.
(6)Other taxes authorized by law in excess of or in lieu of Charter or statutory limitations.