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1 <br />1 <br />1 <br />1 0 <a <br />COUNCIL MEETING SEPTEMBER 13, 1993 <br />prepared and departmental budgets within the proposed budget will <br />be further reviewed by City Council and staff between September <br />15th and December 1st to make any necessary changes. The City <br />Council can further reduce the budget figure but cannot increase <br />the figure. <br />Mr. Schumacher explained that Anoka County will use the <br />preliminary total budget figure of $3,393,435.00 and calculate <br />proposed property taxes for each parcel in the City and mail this <br />information to the property owner. <br />Council Member Bergeson asked if the preliminary budget figure <br />contained a small increase from the current tax rate. Mr. <br />Schumacher said yes. Council Member Bergeson noted that <br />additional space costs have not been addressed. He felt that in <br />1994, the City Council should address this issue at least on a <br />temporary basis. He asked if there were dollars in the proposed <br />budget to address this issue. Mr. Schumacher said yes, the City <br />Council could adjust the proposed budget as they felt necessary. <br />Mayor Reinert noted that the refinement of the 1994 Budget will <br />come at a latter date. Council Member Bergeson asked that this <br />matter be discussed at the next City Council budget work session. <br />Council Member Bergeson moved to adopt Resolution No. 74 - 93 <br />Adopting the Proposed 1994 Operating General Fund Budget for the <br />City of Lino Lakes with revenues and expenditures of <br />$3,393,435.00. Council Member Kuether seconded the motion. <br />Motion carried unanimously. Resolution No. 74 - 93 can be found <br />at the end of these minutes. <br />CONSIDERATION OF RESOLUTION NO. 75 - 93 ADOPTING THE PROPOSED <br />1993 TAX LEVY, COLLECTABLE IN 1994 <br />Mr. Schumacher explained that the Truth in Taxation law requires <br />the City of Lino Lakes to adopt a proposed 1994 levy on or before <br />September 15th of each year. The proposed levy adopted by the <br />City Council can be lowered when the final levy is adopted in <br />December. The final levy can not be more than the proposed levy <br />but it can be less. <br />The total levy includes dollars for the general operating budget <br />as well as dollars for bonded debt. <br />The levy will be further reviewed by the City Council between <br />September 15th and December 1 to make any changes that are <br />necessary. <br />Council Member Kuether moved to adopt Resolution No. 75 - 93 <br />Adopting the proposed 1993 Tax Levy, Collectable in 1994. <br />Council Member Elliott seconded the motion. Motion carried <br />PAGE 6 <br />