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APPROVED <br />PROCEEDINGS OF THE MOUNDS VIEW CITY COUNCIL <br />CITY OF MOUNDS VIEW <br />RAMSEY COUNTY, MINNESOTA <br /> <br />Truth In Taxation Meeting <br />December 4, 2023 <br />Mounds View City Hall <br />2401 Mounds View Boulevard, Mounds View, MN 55112 <br />6:00 P.M. <br /> <br /> <br />1. MEETING IS CALLED TO ORDER <br /> <br />2. PLEDGE OF ALLEGIANCE <br /> <br />3. ROLL CALL: Cermak, Gunn, Lindstrom, Meehlhause. <br /> <br /> NOT PRESENT: None. <br /> <br />4. APPROVAL OF AGENDA <br /> A. Monday, December 4, 2023, City Council Agenda. <br /> <br />MOTION/SECOND: Meehlhause/Gunn. To Approve the Monday, December 4, 2023, agenda as <br />presented. <br /> <br /> Ayes – 4 Nays – 0 Motion carried. <br /> <br />5. COUNCIL BUSINESS <br /> <br />A. Truth in Taxation Presentation. <br /> <br />Finance Director Bauman reviewed the proposed 2024 budget in detail with the Council indicating <br />it was the City’s mission to provide high quality public services in a fiscally responsible manner. <br />She discussed the variables that impact tax bills and described the process the City follows in order <br />to approve its budget and tax levy. She noted this meeting would allow the public a time to voice <br />concerns and explained the final budget would be approved by the Council at their Monday, <br />December 11, 2023 meeting. <br /> <br />Finance Director Bauman explained the proposed budget assumes a property tax levy increase of <br />6.5%. She reported the General Fund is the City’s operating fund and accounts for most city-wide <br />activities. She provided the Council with a summary on General Fund revenue and expenditure <br />changes, noting the use of fund balance has decreased. She described how property taxes were <br />broken down between the City, county and schools, as well as defining how the City utilized its <br />tax dollars. She compared the City’s proposed levy to the levy of comparable communities. Staff