01-11-2007 Charter Packet - Laserfiche WebLink

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cn:y of Mounds View Charter Commission Chair Jonathan J Thomas 763-784-5205 Vice Chair Bill Doty 763-786-3421 2nd Vice Chair Jean Miller 763-786-3959 Secretary Brian Amundsen 763-786-5699 Matthew Eenigenburg 763-783-7216 Carol Mueller 763.780.1251 Barbara Thomas 763-780-6226 William Werner Sr 763-784-3603 Memo Re: Charter Section 7.03 Ballot Issue Mounds View Charter Commission Dated Aug 18, 2006 The Mounds View Charter Commission has worked with many concerned citizens over the last several years to bring an end to double digit tax increases. We have determined an acceptable set of criteria for restricting increases in the annual tax levy to a reasonable amount, while requiring a ballot process for the City Council to obtain voter approval for specific situations that would exceed those limits. The Charter Commission has agreed to a basic limit of the prior year tax levy dollar amount increased by either, a maximum of 5%, or the CPI (Consumer Price Index) plus 2%, whichever is less. The CPI shall be the 12 month average of the most recently published data for all Urban Consumers in the Minneapolis, St. Paul metropolitan area, as defined by the U.S. Department of Labor, Bureau of Labor Statistics. There has also been specific exceptions defined to provide for reasonable latitude in funds that are not directly associated with the levy. The Mounds View Charter Commission in accordance with Minnesota Statute 410.12 Subdivisions 1 and 4 has submitted a resolution to the City Council and requested it be placed before the voters at the next general election. This amendment will be on the ballot in November and if approved by a majority of the voters shall become effective on March 1, 2007. Respectfully submitted, Jonathan J Thomas, Chair