12-09-2019 Council Meeting Minutes

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COUNCIL MINUTES APPROVED 45 E) Consider Approval of November 20, 2019 46 Council Meeting Minutes Approved 47 F) Consider Approval of November 25, 2019 48 Closed Session Minutes Approved 49 G) Consider Approval of Resolution No. 19-174 50 Peddler License for Edward Jones Financial — 51 Dean Ravenscroft Approved 52 53 FINANCE DEPARTMENT REPORT 54 A) Public Hearing — 2019/20 Property Tax Levy and 2020 Budget: i. Consider Resolution No. 55 19467, Adopting Final 2019 Tax Levy, Collectible 2020, ii) Consider Resolution No. 19468, 56 Adopting the Final 2020 General Fund Operating Budget; iii) Consider Resolution No. 19-169, 57 Adopting the 2020 Water and Sewer Operating Budgets; iv) Consider Resolution No. 19470, 58 Adopting the 2020 Recreation Fund Budget — Finance Director Cotton reviewed a PowerPoint 59 presentation including information on the following: 60 -Proposed Tax Levy (including general, special, and voter approved levies), representing a 4.34% 61 over the 2019 levy; 62 - Change in City Tax Levy Graph; 63 - Change in Tax Rate by Taxing District; 64 - Property Tax Distribution; 65 - Property Tax Computation; 66 - Proposed Operating Budget (Major Factors); 67 -Proposed Revenues; 68 - Proposed Expenditures (Main Areas); 69 -Water and Sewer Budget Overview. 70 71 Mayor Reinert opened the public hearing. 72 73 Jack Sheats, 430 Aqua Circle, said he received the biggest property tax increase of his life this year. 74 He is on a fixed budget and it's very difficult for him. He hopes that the officials of the City of Lino 75 Lakes will be as frugal as possible with the budget. Mayor Reinert remarked that there are other 76 taxing districts; they discussed percentages. When Mr. Sheats noted his high valuation increase, 77 Mayor Reinert remarked that there is an opportunity to ask the Council for a reduction in value. Ms. 78 Cotton indicated that the 30%+ increase in value should be discussed with the County Assessor and 79 she will initiate that contact. 80 There being no one else wishing to speak, the public hearing was closed. 81 Council Member Maher moved to approve Resolution No. 19-167 as presented. Council Member 82 Rafferty seconded the motion. Motion carried on a voice vote. 83 Council Member Manthey moved to approve Resolution No. 19-168 as presented. Council Member 84 Stoesz seconded the motion. Motion carried on a voice vote. 2