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09/13/1999 Council Packet
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09/13/1999 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
09/13/1999
Council Meeting Type
Regular
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• <br />AGENDA ITEM 3C <br />STAFF ORIGINATOR Linda Waite Smith <br />DATE September 6, 1999 <br />TOPIC Consideration of adopting the proposed 1999 Tax Levy, coil e+ table <br />in 2Q00. <br />VOTE REQUIRED Simple Majority <br />Truth in Taxation requires the City of Lino Lakes to adopt a proposed 1999 tax levy, collectable in <br />2000, on or before September 15th of each year. <br />The proposed levy may be decreased when the final levy is adopted on December 13th. The final <br />levy can not be more than the proposed levy. <br />The total levy includes dollars for the general operating budget as well as dollars for general <br />bonded debt. <br />The levy will be further reviewed 1 by the City Council and staff between September 15th and <br />November 19th , for changes if nec ssary. <br />1. Adopt the proposed 1999 tax le <br />Option 1 <br />, collectable in 2000. <br />
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