09/08/1997 Council Minutes - Laserfiche WebLink

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COUNCIL MINUTES SEPTEMBER 8, 1997 proposed 1998 operating budget on or before September 15th of each year. She added that the 1998 budget is proposed with a 9.01% increase. Ms. Vaske explained that the individual department budgets which comprise the overall proposed budget will be further reviewed by Council and Staff between September 15th and November 21st, during which time changes reducing the budget can take place. Staff recommended adoption of the proposed 1998 operating budget as presented. Council Member Bergeson asked if the 9.01% increase was for the overall budget and whether or not it included taxes. Ms. Vaske stated that the increase is for the overall budget and does not include a tax increase. Mr. Schumacher pointed out four significant issues for consideration with respect to this budget: (1) It meets the growth needs of the individual departments; (2) Funding for the civic campus project is included; (3) it sets aside franchise fees for future road projects; and, (4) it includes a reduction in taxes. Council Member Neal moved to adopt Resolution No. 97 - 116, as presented. Council Member Bergeson seconded the motion. Motion carried unanimously. Resolution No. 97 - 116 can be found at the end of these minutes. Consideration of Resolution No. 97 - 117, Certifying the Proposed 1997 Tax Levy, Collectable in 1998 - Ms. Vaske explained that Truth in Taxation requires the City of Lino Lakes to adopt a proposed 1997 tax levy on or before September 15th. She stated that the proposed levy may be decreased when the final levy is adopted on December 15th, but that it cannot be increased. Ms. Vaske added that the total levy includes dollars for the general operating budget as well as for general bonded debt, and that the proposed tax capacity rate represents a 2% decrease. She stated that the levy will be further reviewed by Council and Staff between September 15th and November 21st for any necessary changes. Staff recommended adoption of the 1997 tax levy, collectable in 1998. Council Member Kuether moved to adopt Resolution No. 97 - 117, as presented. Council Member Neal seconded the motion. Motion carried unanimously. Resolution No. 97 - 117 can be found at the end of these minutes. Consideration of Setting Date for Truth in Taxation Hearing and Date for Continuation of Hearing - Ms. Vaske explained that all government entities are required to hold Truth in Taxation hearings to receive public input on the proposed levy and general operating budget. Counties and school districts have first choice of dates, and cities may not hold their hearings on the same dates. Ms. Vaske stated that the only date that fits the schedule is December 4, 1997, and that the reconvening or continuation meeting, if necessary, would be December 11, 1997. Both meetings would begin at 6:00 P.M. Ms. Vaske indicated that this will allow for final adoption of the 1998 tax levy and general operating budget at the final Council meeting on December 15, 1997, and that Staff recommended approval of the proposed dates. 2