12-02-2002 Council Special Minutes

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MINUTES OF THE SPECIAL MEETING CITY COUNCIL LITTLE CANADA, MINNESOTA DECEMBER 2, 2002 Pursuant to due call and notice thereof a special meeting of the City Council of Little Canada, Minnesota was convened on the 2nd day of December, 2002 in the Council Chambers of the City Center located at 515 Little Canada Road in said City. Mayor Michael I. Fahey called the meeting to order at 7:00 p.m. and the following members of the City Council were present at roll call: CITY COUNCIL: Mayor Mr. Michael I. Fahey Council Member Mr. Matt Anderson Council Member Mr. Rick Montour ABSENT: Council Member Ms. Beverly Scalze Council Member Mr. Jim LaValle ALSO PRESENT: City Administrator Mr. Joel R. Hanson Accounting Supvr. Ms. Shelly Rueckert Cable TV Producer Mr. Jeremy Brodin Deputy Clerk Ms. Kathy Glanzer TRUTH IN Mayor Fahey noted that the purpose of tonight's special meeting is TAXATION to conduct the Truth In Taxation.Hearing for the proposed 2003 BUDGET Budget. PRESENTATION The City Administrator welcomed the general public to Little Canada's Truth In Taxation hearing on the proposed 2003 Budget and Tax Levy. The purpose of the hearing is to provide property owners in Little Cu~ada with information regarding the City's impact on 2003 property taxes. The Administrator began with a review of the various agencies that impact property taxes. These include the State Legislature, County Assessor, and various taxingjurisdictions. He also reviewed State Aid to cities that helps to reduce property taxes. The Administrator noted that the State eliminated Homestead and Agricultural Credit Aid (RAGA) in 2002. Local Government Aid (LGA) is still provided, and Little Canada is scheduled to receive $94,686 in 2003, an increase of $16,916 over 2002 LGA. However, given the State's budget deficit, the Administrator