Agenda Packets - 2019/12/09 - Laserfiche WebLink

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PROCEEDINGS OF THE MOUNDS VIEW CITY COUNCIL 1 CITY OF MOUNDS VIEW 2 RAMSEY COUNTY, MINNESOTA 3 4 Truth In Taxation Meeting 5 December 2, 2019 6 Mounds View City Hall 7 2401 Mounds View Boulevard, Mounds View, MN 55112 8 6:02 P.M. 9 10 11 1. MEETING IS CALLED TO ORDER 12 13 2. PLEDGE OF ALLEGIANCE 14 15 3. ROLL CALL: Bergeron, Gunn, Hull, Meehlhause, Mueller. 16 17 NOT PRESENT: None. 18 19 4. APPROVAL OF AGENDA 20 A. Monday, December 2, 2019, City Council Agenda. 21 22 MOTION/SECOND: Gunn/Bergeron. To Approve the Monday, December 2, 2019, agenda as 23 presented. 24 25 Ayes – 5 Nays – 0 Motion carried. 26 27 5. COUNCIL BUSINESS 28 A. Truth in Taxation. 29 30 Finance Director Beer indicated this Special meeting fulfilled the City’s need to hold a Truth in 31 Taxation hearing. He noted this meeting would allow the public a time to voice concerns and the 32 final budget would be approved at the December 9th Council Meeting. He reviewed the proposed 33 2019 budget in detail indicating it was the City’s mission to provide high quality public services 34 at a fiscally responsible rate. General fund expenditures by purpose were reviewed along with 35 expenditures by function. 36 37 Finance Director Beer noted the 2019 budget did not have a lot of increases. He indicated the 38 2020 General Fund operating budget would increase by 4.63%. He discussed the City’s revenues 39 noting property taxes account for 67% of the City’s revenues. He reported the City was slated to 40 receive $815,674 in LGA and only 90% of that amount was included in the budget as a 41 precaution. 42 43 Finance Director Beer discussed what tax dollars buy and described how the proposed tax levy 44 would impact the median value homeowner. He reviewed the increases that were being proposed 45