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HomeMy WebLinkAbout2005-132 Council Resolution• • • CITY OF LINO LAKES RESOLUTION NO. 05-132 RESOLUTION SETTING DATES FOR THE TRUTH IN TAXATION HEARINGS FOR THE PROPOSED 2006 OPERATING BUDGET AND 2005 TAX LEVY COLLECTIBLE IN 2006 WHEREAS, govemmental entities are required to hold Truth in Taxation hearings to receive public input on the proposed operating budget and tax levy; and, WHEREAS, cities may not hold their hearings on the same dates as Counties and School Districts; and, WHEREAS, the first two Mondays in December have been set aside exclusively for cities to hold their Truth in Taxation Hearings; and, WHEREAS, the City Council of Lino Lakes wishes to set their Truth in Taxation Hearings on these exclusive dates. NOW THEREFORE BE IT RESOLVED, that the City of Lino Lakes, Anoka County, Minnesota, that: 1. The initial Truth in Taxation hearing date is hereby set for Monday, December 12, 2005, at 6:00 p.m. 2. A continuation hearing, if needed, is scheduled for Monday, December 19, 2005 at 6:00 p.m. with final adoption of the 2005 -2006 tax levy and 2006 general operating budget immediately following the continuation hearing on December 20, 2005. Adopted by the Lino Lakes City Council this 13th day of September, 2005. -27B- • AGENDA ITEM 'IF STAFF ORIGINATOR: Al Rolek MEETING DATE: September 13, 2005 TOPIC: Resolution 05 -132 setting dates of Truth in Taxation hearings VOTE REQUIRED: Simple Majority All local government entities are required to hold Truth in Taxation hearings to receive public input on the proposed levy and general operation budget. Cities may not hold their initial hearings on the same dates as Counties and School Districts. Resolution 05 -132 would set Monday, December 12, 2005, at 6:00 p.m. as the date for the City's Truth in Taxation hearing. A continuation hearing, if needed, would be held Monday, December 19, 2005 at 6:00 p.m. with final adoption of the 2005/06 tax levy and 2006 general operating budget immediately following the continuation hearing on December 19, 2005. Staff recommends adoption of Resolution 05 -132 setting the Truth in Taxation hearing dates. 1. Adopt Resolution 05 -132 setting Truth in Taxation Hearing dates. 2. Approve alternate dates for Truth in Taxation Hearings. Option 1. -27A-