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Mounds View Charter Commission Date: June 4,2004 <br /> Charter Updates; Category 2 Items; Chapter 7 <br /> • Revision—Draft 6 Pagel of 13 <br /> Objectives: <br /> 1.) in 7.06.01 Change September requirement for public hearing to be a simple reference <br /> requiring compliance with the State Statute pertaining to Truth in Taxation for timing but <br /> retain the requirement to hold a public meeting even if State Statute would not require it. <br /> Also remove the word"monthly"as it is not consistent with other references to "regular <br /> council meetings." <br /> 2.) in 7.06.02 Change to "two week"time line to be something more easily complied <br /> with. <br /> 3.)Address ambiguity of"object level" etc.per Charlie Hansen's Memo of November 13, <br /> 2002 <br /> 4.) in 7.12.02 Delete Subdivision 2? <br /> CHAPTER? <br /> TAXATION AND FINANCES <br /> Section 7.01 Council to Control Finances. (no changes) <br /> Section 7.02 Fiscal Year. (no changes) <br /> • Section 7.03 System of Taxation. (no changes) <br /> Section 7.04. Submission of Budget. <br /> Subdivision 1. Annually, on or before the 15th calendar day of September of each <br /> year or as specified by MN statute 275.065, as amended, the Clerk-Administrator shall <br /> submit to the Council the budget estimates for funds levying property taxes for the <br /> ensuing fiscal year and an accompanying summary message in accordance with a budget <br /> calendar to be established by resolution. <br /> The final budget shall provide a complete financial plan for all City funds and <br /> activities for the ensuing fiscal year and except as required by state law or this Charter, <br /> shall be in such form as the Council may require. It shall include a summary and show in <br /> • <br /> City of Mounds View <br />