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MINUTES <br />CITY COUNCIL <br />DECEMBER 4, 2006 <br />going on in Che market. The Administrator noted that most people would <br />sell their homes for more than the extended market value established by <br />the County. <br />Montour noted that the City's share of taxes on a median value home <br />($245,500) would be $490.32 for 2007. For this $490.32, property owners <br />receive police and fire protection, public works services such as street <br />maintenance and plowing, use of City park facilities. Montour felt that <br />this was a very good buy for property owners. <br />Blesener also noted that Little Canada spending is the fourth lowest in <br />Ramsey County at $306 per capita. <br />Nelson was concerned that the values of the Hidden Acres homes which <br />were recently built near his neighborhood have resulted in the dramatic <br />increases in property value for his home. Nelson stated Chat for a second <br />year in a row, the value of his home increased by over 14%. Nelson stated <br />that his home is valued at $285,000 for 2007, and questioned whether he <br />could sell iC for that amount. Nelson indicated that he will have his house <br />appraised to determine if this is a realistic property value. Nelson agreed, <br />however, that in looking at his Little Canada share of property taxes, Che <br />value was a good one. Nelson felt that Little Canada was doing a good job <br />in controlling its budget, but questioned whether that was true of other <br />taxing jurisdictions. Nelson expressed fi•ustration with trying to be heard <br />at other than the local level. <br />The City Administrator again explained the property tax reforms of a few <br />years ago and the consensus that commercial and apartment properties <br />were bearing too much of the tax burden. Tax reforms then shifted the tax <br />burden from commercial and apartment properties to residential <br />properCies. Again, the Limited Market Value program delays the full <br />impact of tax reform through 2010. <br />Nelson pointed out that property tax burdens are right back where they <br />were before the Minnesota Miracle. He again commented that while Little <br />Canada is doing a good job conri•olling spending, other governmental <br />agencies have not. <br />The City Administrator again pointed out the $1.5 million in LGA that the <br />City of North St. Paul receives, a portion of which comes from tax dollars <br />paid by Little Canada taxpayers. The Administrator stated that it is <br />difficult to rationalize why North St. Paul receives $1.5 million in LGA <br />and Little Canada receives no LGA when both cities are of similar size, <br />land area, and population. <br />6 <br />