12-02-97 Council Special Minutes (2)

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MINUTES OF THE SPECTAL MEETING CITY COUNCIL LITTLE CANADA, MINNESOTA DECEMBER 2, 1997 Pursuant to due call and notice thereof a special meeting of the City Council of Little Canada, Minnesota was held on the 2id day of December, 1997 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 ca1L• CITY COLTNCIL: Mayor Mr. Michael I. Fahey Council Member Mr. Steve Morelan Council Member Mr. Jim LaValle Council Member Mr. Bob Pedersen Council Member Mrs. Beverly Scalze ALSO PRESENT: City Administrator Mr. Joel R. Hanson City Attorney Mr. Thomas Sweeney Accountant Ms. Julie Manville-Camp Cable TV Producer Mr. Greg Schroeder Deputy Clerk Mrs. Kathy Glanzer TRUTA The City Administrator welcomed those present as well as the viewin~; IN audience and reported that the purpose of tonighYs meeting is to conduct TAXATION the City's Truth In Taxation hearing on the proposed 1998 Budget. The HEARING - Administrator reported that property taxation is a very complicated subject 1998 because of the many factors that affect the calculation of an individual's BUDGET property tax bill. These factors include local spending (City, County, School, Other), classification of property, class rates, market value of affected property, total market value of the jurisdiction, HACA distribution, and fiscal disparities. The Administrator reported that it is important to remember that the City is only one of the jurisdictions impacting property taxes. The others are the School District (623 or 624), Ramsey County, and special taxing jurisdictions including the Metropolitan Council, Metropolitan Mosquito Control, Regional Transit Board, and the Ramsey/Washin~ton Watershed District.