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MINUTES OF THE WORKSHOP MEETING <br />CITY COUNCIL <br />LITTLE CANADA, MINNESOTA <br />SEPTII'~ER 7 ~ 1995 <br />Pursuant to due call and notice thereof a workshop <br />meetinq of the Council of the City of Little Canada, <br />Minnesota was held on the 7th day of September, 1995 in <br />the Council Chambers of the City Center located at 515 <br />Little Canada Road in said City. <br />Mayor Michael Fahey chaired and called the meetinq to <br />order at 8:15 P.M. and the following members of the <br />Council were present at roll call: <br />MEMBERS PRESENT: Mayor Mr. Michael Fahey <br />Council Member Mr. Jim LaValle <br />Council Member Mr. Steve Morelan <br />Council Member Mr. Bob Pedersen <br />Council Member Mrs. Beverly Scalze <br />ALSO PRESENT: City Admin. Mr. Joel Hanson <br />Fire Chief Mr. Dick Boss <br />Public Works Mr. Dave Harris <br />Accountant Ms. Julie Manville-Camp <br />Admin. Asst. Mrs. Kathy Glanzer <br />1996 The City Administrator reported that the City must <br />PROPOSED set its preliminary levy by September 15th. That <br />BUDGET levy amount will then serve as the basis for the Truth <br />In Taxation Notices which are sent to all property <br />owners in the City. The purpose of tonight's workshop <br />is to review the 1996 Proposed Budqet and make whatever <br />modifications the Council feels necessary at this time <br />so that the preliminary levy amount can be established. <br />The City Administrator began a review of the budget <br />document. He noted that the net levy is projected to <br />increase 4.59% ($1,230,023 versus $1,192,087). This <br />increase is almost entirely attributed to the General <br />Fund. The gross levy is up by 2.80%. As a result, the <br />City's tax capacity rate would increase by 3.69%. <br />The Administrator pointed out that in order to achieve <br />a 0% net levy change at the 97% collection rate, a <br />combination of revenue increases or expense reduotions <br />totalling $53,042 would be needed. The tax capacity <br />rate at this level would decline by .86%. The <br />Administrator did not feel that this was a realistic <br />goal based on current information. The City has <br />achieved a Oo net levy increase for the past three <br />years, while some cities are achieving this goal for <br />the first time this year. <br />1 <br />