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01-12-2012 Charter Packet
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01-12-2012 Charter Packet
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1/12/2012
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Springsted <br />August 31, 2011 <br />Jeff Karison, City Administrator <br />Al Rolek, Director of Finance <br />City of Lino Lakes <br />600 Town Center Parkway <br />Lino Lakes, MN 55014 <br />Re: Proposed Tax Cap Amendment <br />mt. t-ti—(z- <br />Springsted Incorporated <br />380 Jackson Street, Suite 300 <br />Saint Paul, MN 55101-2887 <br />Tei: 651-223-3000 <br />Fax: 651-223-3002 <br />www.springsted.com <br />I have reviewed the proposed "Amendment to Our Charter" for Chapters 1 and 7, dated July 29, 2011. The following <br />comments pertain to the impact these amendments would have on the City of Lino Lakes. <br />Charter restrictions place additional restraints on local govemments beyond those required by federal and state law, <br />and our concem would be financial restraints that impair the City's ability to finance ongoing operations, to comply <br />with debt obligations, and to meet capital and infrastructure maintenance needs. <br />It appears that the Chapter 1 proposed amendment addresses the Charter Commission's role in maintaining and <br />updating the Charter. We have no particular comment on this section as it does not directly impact the three areas of <br />concem noted above. <br />Chapter 7, Section 7.13, Tax Cap Amendment <br />The proposed amendment raises several concems that should be considered by the City Council, <br />1) The City of Lino Lakes has minimized increases for several years in response to the recession and declining <br />property values. The empty chair at the reception counter is one of many notable reductions. Using the <br />2011 actual levy as the starting point, as proposed in paragraph 2, will restrict the City to a base year levy <br />that was developed during the recession and may not be sustainable over time, even with implicit price <br />inflators. <br />2) The third paragraph includes levies for storm sewer districts, storm sewer utilities, or lake improvements as <br />part of this levy limit. These special districts are usually funded by special assessments or fees as opposed <br />to general tax levies. How or if a levy limit can be calculated is not clear. It is also unclear whether these <br />districts can be added even if they do not levy or use special assessments. <br />Public Sector Advisors <br />
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