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Mounds View City Council Page Sixteen <br />~gular Meeting October 13, 1992 <br />Charles Miller stated that the increase should be put on property tax <br />so the franchise fee could be used to fall back on. If the franchise <br />fee is implemented now there will be nothing to fall back on. In an <br />emergency the franchise fee could be implemented for the remainder <br />of that year <br />Roger Stigney stated that in viewing the options the Council has <br />looked at the top users but not at the low income users. No <br />circuit breaker has been provided for low income users. Stigney <br />stated he strongly opposes the franchise fee implementation. <br />Wiley stated that the City is $155,000 in the hole on a proposed <br />budget. The City needs $155,000 to balance the budget. Wiley <br />stated opposition to paying 6.5$ taxes on something he doesn't <br />want to pay taxes on. The franchise fee is a long term solution <br />for $155,000. It would collect $40.00 from every resident and <br />commercial business. Short term solution would be to follow the <br />standard process. This is putting something on that doesn't go <br />away. The City needs a short term fix to balance the 1993 but <br />and then needs to get into synchronization with the State. The <br />Council needs have the budget year go from July to July. <br />• Mayor Linke stated that going July to July had been brought up <br />before and that there is something in the statutes that prevents <br />it. Most cities are on calendar years. <br />Wiley stated that the City needs something to fall back on for <br />catastrophic events. The City needs something in reserve. <br />Trude stated that if using Option 3, it would only raise 6~ <br />of a $3 million budget. Is all the bad will worth it? <br />Charlie Hall asked the Council if they was listening to the <br />people. Hall stated this is a disproportionate tax as far <br />as commercial/industrial. The. businesses will wither and die. <br />Mayor Linke stated that he made an error when considering the <br />8.3~ property tax increase. It should have been 11 or 12~. <br />Barb Haake asked if the 8.3$ in property tax increase could be <br />amended in December. <br />John Thomson stated that per the Truth In Taxation Law, the City <br />has to input the maximum tax the City is going to levy by September 15. <br />Taxes can't be changed. <br />Mayor Linke asked if there is a penalty for increasing taxes. <br />Brager responded that there is no penalty provision but a change <br />in levy limit could reflect a reduction in the City's LGA. This <br />