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STAFF REPORT <br /> SEPTEMBER 7, 1993 <br /> PAGE THREE <br /> recommendations to achieve a budget that will have a small <br /> profit. <br /> The first draft of the Sewer Utility Budget is attached for your <br /> review. This first draft indicates that a rate increase in 1994 <br /> may not be necessary. At present rates a net income of $88,436 <br /> is projected. The City, however, has not received information <br /> from MWCC regarding sewage treatment costs for 1994 . Since those <br /> charges are a significant portion of the Sewer Utility Budget, <br /> any change in their rates has an impact upon our budget. <br /> Information regarding the MWCC budget has traditionally been <br /> received in September. Staff will provide Council with <br /> information as soon as received. <br /> COUNCIL ACTIONS NEEDED TO COMPLY WITH TRUTH IN TAXATION LAWS <br /> At the September 13, 1993 Council Meeting the Council must pass a <br /> resolution which: <br /> • Certifies a proposed 1994 property tax levy to Ramsey <br /> County. The proposed levy certified becomes, in <br /> effect, a not to exceed number as the final 1994 levy <br /> adopted at the public hearing on the 1994 Budget may <br /> not be greater than the proposed levy. Ramsey County <br /> then uses the proposed levy to prepare and send to <br /> taxpayers Truth In Taxation Notices which inform them <br /> County, of proposed taxes of the City, and School <br /> District and the dates of the budget hearings of the <br /> above taxing jurisdictions. <br /> • Sets a date for the City's Budget Hearing and a <br /> continuation date for the Hearing, if needed. The City <br /> picks it's hearing date last according to the Truth In <br /> Taxation Law. The following dates have been selected <br /> for Budget Hearings by other taxing jurisdictions: <br /> Joint Metro Districts Monday 11/29/93 5: 00 <br /> Monday 12/06/93 5: 00 <br /> Ramsey County Tuesday 12/14/93 <br /> Monday 12/20/93 <br /> I.S.D. 621 Tuesday 11/30/93 6: 00 <br /> Tuesday 12/07/93 6:00 <br /> * A time was not given in the letter I received <br /> from Ramsey County <br /> After discussing dates of various meeting, conferences, and other <br /> activities with Samantha, the City's Budget Hearing is proposed <br /> to be held on Wednesday December 8, 1993 at 7: 00 p.m. and, if <br />