Loading...
HomeMy WebLinkAbout1999-064 Council ResolutionCouncil Member Dahl introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 99-64 RESOLUTION RELATING TO THE CITY OF LINO LAKES TAX RATE AUTHORIZATION FOR THE YEAR 2000. WHEREAS, the State of Minnesota has enacted Chapter 243, Laws of Minnesota 1999, Article 6, Section 2 requiring a city council to have adopted and filed an authorizing resolution if its city's tax rate turns out to be higher the following year than a theoretical tax rate for the previous year under the law; and, WHEREAS, the City of Lino Lakes prides itself on beginning its budget process as early as possible in the calendar year in order to maximize input by all concerned parties and allow full review of all expenditure items; and, WHEREAS, there are numerous factors that are beyond the control of the city council that can potentially cause tax rates to rise, including but not limited to: A. Class rate changes by the state on various types of property, B. The economy and its effect on the tax base, including real estate and new construction growth or lack thereof, C. Limitations on what percentage the market value of property can raise each year as set by the state, and D. Unfunded mandates upon local governments and reductions of federal and state aid; and, WHEREAS, because of these outside factors beyond the city's control, the city may need to have a higher tax rate for the following year, and if the tax rate has to go up, the City of Lino Lakes wishs to be in compliance with the law with an authorizing resolution adopted and filed; and, WHEREAS, regardless of external factors influencing the tax rate, the city's property tax levy is set each year within the levy limitations imposed by the State of Minnesota; NOW THEREFORE, BE IT RESOLVED that if the tax rate of the City of Lino Lakes for the year 2000 is higher than the tax rate certified by the County Auditor under clause (3) of Section 2, Article 6, Chapter 243, Laws of Minnesota 1999, the higher tax rate is hereby authorized by the city council of the City of Lino Lakes. Page 2 Adopted by the Lino Lakes City Council this 13th day of'September, I Kim `• Iliv. Vier kc Q . t.4` -0 i ayor Ry-dhel Gaustad, Clerk -Treasurer The motion for the adoption of the foregoing resolution was duly seconded by Council Member Neal and upon vote being taken thereon, the following voted in favor thereof: Sullivan, Neal, Bergeson Dahl, Lyden The following voted against same: None Where upon said resolution was declared duly passed and adopted: