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COUNCIL WORK SESSION <br />CITY OF LINO LAKES <br />COUNCIL MINUTES <br />SEPTEMBER 2, 1992 <br />. September >2, '1992 <br />STARTED . 5:00 P.M. <br />................................................ :.............................. <br />............................................... ............................... <br />.................................................................. ............................... <br />................................................................. ............................... <br />:::ENDED : ;8 32 P.M. <br />ERS PRESENT: Reinert, Neal,; Kuether, Elliott, Bergeson;: <br />ERS v. ABSENT None,.; Council Member Neal was excused at <br />5 3 0 ::P M <br />Staff members present: City Accountant, Paula Schloer; Financial <br />Officer, Mary Vaske; Public Works Director, Don Volk; Chief of <br />Police, Dean Campbell; City Administrator, Randy Schumacher and <br />Clerk - Treasurer Marilyn Anderson. <br />SUMMARY OF 1993 BUDGET <br />Mr. Schumacher outlined the budget process and noted the <br />important dates for reporting to Anoka County. He explained that <br />a preliminary levy must be established so that it can be <br />certified to the Anoka County on September 14, 1992. After the <br />preliminary levy has been established, it can be reduced but not <br />increased. The final levy must be certified to Anoka County by <br />December 28, 1992. <br />Mr. Schumacher explained that landowners in Lino Lakes will <br />receive a proposed property tax statement based on the <br />preliminary levy certified on September 14, 1992. He noted that <br />there will be many telephone calls because it appears that a <br />large property tax increase is eminent for 1993. However, it <br />must be explained that this is just a preliminary levy and the <br />statement being mailed to residents at this time is only a <br />preliminary estimate of taxes. <br />Mayor Reinert asked that an insert be prepared for the newsletter <br />explaining the preliminary property tax statement. <br />Mayor Reinert noted that the 1993 is proposing only $90,000.00 in <br />new taxes. Mr. Schumacher explained that the state legislature <br />is looking at the trust fund that is suppose to be for the <br />benefit of municipalities to help balance the state budget. <br />PAGE 1 <br />1 <br />1 <br />1 <br />