11-15-93 Council Workshop Minutes

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MINiI'PES OF THE WORRSHOP MEETING CITY COUNCIL LITTLE CANADA, NOVEPIBER 15, 1993 Pursuant to due call and notice thereof a workshop meeting of the Council of the City of Little Canada, Minnesota was held on the 15th day of November, 1993 in the Council Chambers of the City Center located at 515 Little Canada Road in said City. Mayor Raymond Hanson chaired and called the meeting to order at 7:00 P.M. and the following members of the Council were present at roll call: MEMBERS PRESENT: Mayor Mr. Raymond Hanson Council Member Mr. Jim LaValle Council Member Mr. Steve Morelan Council Member Mr. Bob Pedersen Council Member Mrs. Beverly Scalze ALSO PRESENT: City Admin. Mr. Joel Hanson Bldg. Official Mr. John Palacio Public Works Mr. Dave Harris Fire Chief Mr. Dick Boss Fire Dept. Mr. Dan Peterson Fire Dept. Mr. Jim Gustafson Cable TV Coor. Mr. Bill Bruce Rec. Secretary Mrs. Kathy Glanzer 1994 The City Administrator reviewed the City's taxable BUDGET valuations, levies and rates, pointing out that the City's estimated tax capacity for 1994 will drop less than 1% from the 1993 rate. The reasons for this drop include the fact that the State changed the class rate percentages, dropping the tax burden on higher-valued homes and commercial/industrial properties. Another potential reason is actions contesting valuations of specific properties. Using the City's tax capacity rates and the numbers in the proposed 1994 budget, the City's total tax capacity rate would increase by 5.68% from the 1993 rate. The Administrator reported that the proposed budget would result in a gross levy increase of 3.96% and a net levy increase of 4.95%. The Truth in Taxation notices which went out to the City's property owners indicate a 5.23% increase. The Administrator noted that increases in property valuations will also effect the increase to individual properties. Page 1