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Mounds View City Council December 1, 2008 <br />Truth-in-Taxation Meeting Page 2 <br /> <br /> 1 <br />Finance Director Beer noted that the projected State budget deficit could impact the City’s 2 <br />budget in that local government aid may be cut for 2009. 3 <br /> 4 <br />Gary Shores of 5079 Eastwood Road said that he understands there will not be any increase on 5 <br />the $100 per year for streets. He then asked if the City is going to work on the streets or wait 6 <br />until it is in the levy. 7 <br /> 8 <br />Finance Director Beer indicated that the project is planned for 2009 and Council will be acting to 9 <br />authorize plans and specifications at the December 22, 2008 meeting. 10 <br /> 11 <br />Jim Battin of Laport Drive asked about the assessed value of property because the value dropped 12 <br />approximately 5% but he has heard that the actual decrease is 15 to 20%. He then asked if the 13 <br />City has any input on valuation or if the County makes the determination. 14 <br /> 15 <br />Council explained that the County does set the valuation. 16 <br /> 17 <br />Finance Director Beer indicated that this hearing could be continued to December 8, 2008, if 18 <br />needed. There will also be a public hearing at the next City Council meeting if there are any 19 <br />residents who wish to speak on the budget or levy. 20 <br /> 21 <br />Council Member Mueller noted that she had arrived at 6:07 p.m. 22 <br /> 23 <br />6. Next Council Work Session: Monday, December 1, 2008, at 7:00 p.m. 24 <br /> Truth-in-Taxation Hearing: Monday, December 8, 2008 at 7:00 p.m. 25 <br /> 26 <br />7. ADJOURNMENT 27 <br /> 28 <br />The meeting was adjourned at 6:32 p.m. 29 <br /> 30 <br />Transcribed by: 31 <br /> 32 <br /> 33 <br /> 34 <br />Joan Lenzmeier, Recording Clerk 35 <br />TimeSaver Off Site Secretarial, Inc. 36