Agenda Packets - 2010/10/11 - Laserfiche WebLink

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Mounds View City Council September 13, 2010 Regular Meeting Page 5 1 MOTION/SECOND: Gunn/Mueller. To Waive the Reading and Adopt Resolution 7667, 2 Authorizing Certification of the Proposed General Fund Budget and Property Tax Levy for Fiscal 3 Year 2011. 4 5 Council Member Stigney stated he would not support the levy increase as he felt the City needed 6 to change the way finances were handled given the fact LGA was cut. He did not feel the City 7 should be using a surplus fund balance to balance the budget. 8 9 Ayes – 4 Nays – 1 (Stigney) Motion carried. 10 11 D. Resolution 7668, Establishing Public Hearing Dates for the Proposed General 12 Fund Budget and Property Tax Levy for Fiscal Year 2011. 13 14 Finance Director Beer stated the Truth in Taxation laws have changed and there no longer is an 15 exemption from holding the public hearing when the levy increase is less than the “implicit price 16 deflator”. Mounds View has always held a Truth in Taxation hearing regardless of the 17 exemption so the law change does not affect us. The State has reserved Monday, December 6, 18 2010 and Monday, December 13, 2010 for use by cities. Cities may select other days if they 19 wish, but then must work around dates selected by counties, school districts, and special districts 20 that were given priority for those dates by the State. 21 22 Finance Director Beer recommended that since the Mounds View City Council normally meets 23 on Mondays, that the initial Truth in Taxation public hearing be held on Monday, December 6, 24 2010 and that the continuation public hearing be held on Monday, December 13, 2010. Final 25 adoption of the a budget and property tax levy for 2011 may happen at the regular City Council 26 meeting on Monday, December 13, 2010. 27 28 MOTION/SECOND: Mueller/Stigney. To Waive the Reading and Adopt Resolution 7668, 29 Establishing Public Hearing Dates for the Proposed General Fund Budget and Property Tax Levy 30 for Fiscal Year 2011. 31 32 Ayes – 5 Nays – 0 Motion carried. 33 34 E. Resolution 7670, Adopting a Special Assessment Levy for Private 35 Improvements in Area B/C of the Street and Utility Improvement Program. 36 37 Finance Director Beer indicated the City offered property owners the opportunity to have private 38 improvements completed as part of the area B/C street project. It is in the City’s best interest to 39 have as many of these improvements done during the project to reduce the number of street 40 openings that may have to happen in the future. Each property owner has signed an agreement to 41 waive their right to a public hearing and has agreed to pay the full cost of the private 42 improvement plus interest and the administrative fee. 43 44