12/10/2001 Council Minutes - Laserfiche WebLink

Home Search

COUNCIL MINUTES DECEMBER 10, 2001 Consideration of Resolution No. 01-191, Adopting the 2001 Tax Levy Collectible in 2002, Al Rolek — Finance Director Rolek advised Truth in Taxation requires the City of Lino Lakes to adopt and certify a final 2001 tax levy, collectable in 2002 on or before December 28th of each year. The total levy includes dollars for the general operating budget as well as dollar debt. The elimination of Homestead and Agriculture Credit Aid (HACA) growth of collective bargaining agreements, new state mandates and new initiatives in undertaken by the City all had profound affects on the preliminary levy adopte final levy presented this evening has been reduced $3,650 from the amount ap levy as a result of a review of the PERA special levy. The remaining levi in September. eneral bonded settlement g being e posed opted A Truth in Taxation public hearing was held on the tax levy Decem 10 ax leg information was presented and discussed during the public hearing and public t The City Council needs to take final action on the tax levy at this e. Sta is recommending the City Council adopt Resolution No. 01-191 approving ti; nal 2 ax Levy, collectible in 2002. Councilmember Dahl moved to adopt Resolution No -191, a` _"'ted. Councilmember O'Donnell seconded the motion. Mayor Bergeson noted the City Council has ha in the past months. Motion carried unanimously. Resolution No. 01 —191 can be Consideration of Resolutio. — Finance Director Rolek advi Operating Budgets at the dge for approval has not and operates from r Recreation Fund realized in this fund. any discus rk's office. s and meetings regarding the budget opting the 2002 Recreation Fund Budget, Al Rolek cil reviewed the proposed 2002 Recreation Fund on held August 24, 2001. The budget being presented session. The Recreation Fund is a special revenue fund eation fees. No part of the tax levy is used to finance dget for 2002 estimates that a small surplus of $23,989 will be It ha resolu Recreati Council to adopt the Recreation Fund Operating budgets by e City Council adopt Resolution No. 01 —192 adopting the final Councilme Carlson seco Resolution No. perating Budget. Dahl moved to adopt Resolution No. 01-192, as presented. Councilmember the motion. Motion carried unanimously. 01-192 can be found in the City Clerk's office. 3