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Office of: <br />JOEL R. HANSON, Administrator <br />515 Little Canada Road <br />Little Canada, MN 55117 <br />612-484-2177 <br />FAX: 612-484-4538 <br />CITY OF LITTLE CANADA <br />RAMSEY COUNTY, MINNESOTA <br />MEMORANDUM <br />TO: Mayor Fahey and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: August 17; 1990 <br />RE: 1991 Proposed Levy and Budget <br />MAYOR <br />Michael Fahey <br />COUNCIL <br />Beverly Scelze <br />Bill Blesener <br />Rick Collova <br />Jim LaVeIle <br />In compliance with the State of Minnesota's truth and taxation law, <br />cities must certify proposed levies to the County Auditor and adopt <br />proposed budgets by resolution by September 1, 1990. (This would <br />mean September 4, 1990 due to the fact September 1 is a Saturday.) <br />As you recall, departments were notified of this requirement back in <br />July and asked to submit budget information by August 6. Some of the <br />information is still coming in and therefore I have not prepared a <br />final draft of the proposed budget as of the date of this memo. My <br />goal is to have a rough draft of this budget available for <br />Wednesday's meeting. It is also important to note that even though <br />the City adopts proposed levies, changes can be made. However, we <br />cannot increase the levy from that preliminary amount initially <br />adopted. Therefore, it is my recommendation that we adopt the <br />maximum levy possible as determined by State levy limitations and <br />previously certified debt service requirements. These amounts are as <br />follows: <br />Levy Limitation <br />Debt Service <br />Total Levy <br />Payable <br />1990 <br />979,382 <br />617,648 <br />1,597,030 <br />Payable <br />1991 <br />Percentage <br />Increase <br />Dollar <br />Increase <br />1,046,140 <br />664,525 <br />6.81% <br />7.59% <br />66,758 <br />46,877 <br />1,710,665 <br />7.12% <br />113,635 <br />It may be necessary to have a workshop meeting of the Council during <br />the last week of August to further work on the proposed budget <br />amounts. However, it is my initial feeling that if we certify the <br />maximum amounts with a very preliminary budget, we do have the <br />authority to make substantial changes with the inner workings of the <br />budget prior to final adoption later this year. <br />JRH:kpv <br />Page 71 <br />