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MINUTES <br />CITY COUNCIL <br />SEPTEMBER 14, 1994 <br />valuations. <br />The City Administrator reported that he has not done a <br />comparison of sales ratios between jurisdictions. The <br />Administrator suggested that he do this and if a <br />problem becomes evident, the matter can be discussed <br />with the Assessor's office. <br />Scalze suggested that the Administrator compare Little <br />Canada's sales ratio with that of Roseville and <br />Maplewood. <br />Pedersen stated that the reality of the situation is <br />the case-by-case basis and the sales ratio's cumulative <br />effect. Pedersen did not believe there was a problem <br />unless the market value is set at a level higher than <br />what a property owner could sell their property for. <br />Pedersen pointed out that the County's mass appraisal <br />system does not reflect the real world, and nearly <br />identical properties will sell for different prices <br />depending on a number of factors. Therefore, the City <br />must look at the cumulative effect of the system. <br />Hanson pointed out that if the City does not increase <br />its levy from 1994 to 1995, the fact is that taxes will <br />go up if there has been a market value increase for an <br />individual property. <br />Morelan noted that if the City had a oo levy increase <br />and there was no valuation increase, the City's share <br />of property taxes would drop. <br />Pedersen stated that the good news is that property <br />values in the City are going up. Pedersen felt it <br />undesirable to have property values remain constant or <br />decrease. <br />The City Administrator pointed out that in the budget <br />supplemental information he identified a number of <br />areas that the Council can consider in terms of <br />decreasing the levy. The Administrator also pointed <br />out that the funding requested by the Roseville Area <br />Senior Program is lower than projected. The City <br />Attorney's 1995 fee schedule also came in lower than <br />anticipated. These two reductions total $5,900. <br />Another option the Council has to consider is the use <br />of surpluses projected for the 1994 Budget to buy down <br />the 1995 levy. The Administrator indicated that while <br />11 <br />