Minutes - 2000/09/11 - Laserfiche WebLink

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Mounds View City Council September 11, 2000 Regular Meeting Page 10 • Mayor Coughlin stated for the record that this second reading and adoption were approved by the unanimous vote of the Council. B. Public Hearing, Resolution 5473 Authorizing a Levy Certification Property Tax Rate Increase for Year 2001 Pursuant to State Statutes. Mayor Coughlin opened the Public Hearing at 8:02 p.m. There was no public input. Mayor Coughlin closed the Public Hearing at 8:02 p.m. 1. Consider Approval of Resolution 5473. MOTION/SECOND: Thomason/Marty. To Waive the Reading and Approve Resolution 5473, a Resolution Authorizing a Levy Certification Property Tax Rate Increase for Year 2001 Pursuant to State Statutes. Council Member Stigney asked what amount of levy increase this resolution assumed. Finance Director Kessel explained that if there will be an increase this year from last year, the State requires a resolution approving any increase. Ayes - 4 Nays - 0 Motion carried. Council Member Quick was not present for the vote. C. Consider Resolution No. 5472 Adopting the 2001 Preliminary Budget Levy. Finance Director Kessel explained the 2000 to 2001 budget total revenues and expenditures were 15.3% for the general fund and the property tax levy is proposing a 23.71 % increase. He indicated the maximum the City can approve is 23.71 % but the figure can be lowered between now and the date of the truth-in-taxation hearing in December. MOTION/SECOND: Thomason/Marty. To Waive the Reading and Approve Resolution 5472, a Resolution Adopting the 2001 Preliminary Budget Levy. Ayes - 3 -Nays - 1(Stigney) Motion carried. Council Member Quick was not present for the vote. Council Member Stigney commented that gasoline is $1.65 per gallon, there is a 4% franchise fee, street light and utility fees, and water meter fees. He said residents can expect their gas heating bill to increase 50% over last winter. He also stated property tax is expected to increase