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• TRUTH IN TAXATION HEARING NOVEMBER 30,1998 TRUTH IN TAXATION HEARING MINUTES DATE November 30, 1998 TIME STARTED • 6:02 p.m. TIME ENDED • 6:43 p.m. MEMBERS PRESENT Council Members Bergeson, Dahl, Lyden, Neal, Mayor Sullivan MEMBERS ABSENT None Staff members present: Administration Director, Dan Tesch; Financial Analyst, Daryl Sulander; Accountant, Paula Schloer and Clerk -Treasurer Marilyn Anderson. Mr. Jerry Shannon from Springsted, Inc., bond consultant for the City was also present. Mayor Sullivan welcomed everyone and explained that the purpose of the hearing is to take public comment relative to the proposed 1999 General Fund budget and the proposed 1998 tax levy, collectable in 1999. She explained that this is not the meeting to talk about property values. All public comments should relate to the proposed 1999 budget and tax levy only. Mr. Tesch welcomed everyone to the hearing and introduced Mr. Sulander and Mr. Shannon. He noted that Mr. Sulander will present details of the 1999 budget and levy. He explained that the proposed budget represents a 5% increase over the 1998 budget. There are no proposed program changes in the 1999 budget, however, a Human Resources Tech position is proposed and the Recreation Coordinator position and the Police Records Clerk positions are proposed to become full time positions rather than the current part time positions. Mr. Tesch explained that individual property taxes will be affected by the budgets of all of the taxing jurisdictions in Anoka County, changes in valuation of the property and by recently enacted State Legislation which had the effect of compressing tax classifications. Mary Ann McDougal, 6116 Baldwin Lake Road, from the audience asked if she would be able to speak about the notice she recently received in the mail from Anoka County. Mayor Sullivan explained that all questions pertaining to the budget and levy would be accepted when the public hearing is opened. Mr. Sulander referred to page 5 of the audience handout and explained how the 1999 levy was prepared and how it compared to the 1998 levy. He noted that there is more than a 7% increase in the 1999 General Fund (budget) levy. In addition, the City bonded for payment of the civic complex and for a street referendum that was approved by the voters in November, 1997. The additional bond payments contributed substantially to the proposed increase in the levy. The State Legislature further compressed property tax PAGE 1