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1 <br />1 <br />1 <br />1991 COUNCIL BUDGET PUBLIC HEARING NOVEMBER 29, 1990 <br />Mr. Stoks said that he had moved from Circle Pines and was very <br />surprised to see the increase in property taxes. He also noted <br />that it is obvious that there are no commercial or industrial <br />businesses to help the homeowner pay the taxes. It was noted <br />that business may be slow in coming to Lino Lakes and that relief <br />from increased taxes provided by businesses may be some time in <br />the future. <br />Mr. Stoks noted that when he decided to build in Lino Lakes he <br />had called to find out approximately what the taxes would be. He <br />explained that the estimate given to him was much lower than the <br />actual taxes. He felt that the City leaders should take an <br />interest in this matter and if accurate information cannot be <br />obtained from the County the City should supply the information. <br />Mayor Bisel said that this matter would be checked. Council <br />Member Kuether said that the realtor working with the client <br />should also be able to calculate the estimated taxes. <br />Francis Bernier, 1430 Karth Road noted that his area has seen <br />quite a significant increase in property values. He asked how <br />this figures in calculating total property taxes. Mr. Bernier <br />also noted that he has not seen an assessor and nobody has talked <br />to him regarding his property value. Mr. Schumacher explained <br />that as the property value increases there is the possibility <br />that the property taxes will also go up. However, if everyone is <br />increasing at the approximate same rate, the total City value <br />increases which spreads the taxes over a broader base. In this <br />case there should be little increase in taxes. Mr. Schumacher <br />also explained that the County Assessors office was asked to re- <br />evaluate every parcel of land in Lino Lakes. The total City <br />valuation increased significantly. Taxes are now spread more <br />uniformly throughout the City. Mr. Bernier asked if the total <br />City valuation increased over $46,000,000.00, does the City still <br />have to raise additional dollars? Mr. Schumacher explained that <br />the City still cannot levy beyond the limit set by the State. <br />This means that the City can only levy $114,000.00 of new taxes. <br />However, the City must construct a new fire station and have it <br />operation by December 31, 1991. The payment on the bonds for the <br />new fire station will require all of that increase. <br />Mike Lemke, 815 Orange Street asked if the Council will hold <br />another public meeting after they review all of the comments made <br />tonight. Mayor Bisel explained that this public hearing will be <br />continued to Wednesday, December 12, 1990. Mr. Lemke explained <br />that when he moved into his new home on Orange Street there were <br />many poplar trees in the back of his house. The following year <br />was very wet and water backed up to the area where all of these <br />trees were. As a result they all died and nobody cared about <br />them or replanted them. He noted that if residents are have <br />problems with trees dying, that is life and death. <br />PAGE 6 <br />112 <br />