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PUBLIC HEARING ON THE 1990 BUDGET AND TOTAL AMOUNT OF <br />PROPERTY TAXES TO BE COLLECTED <br />The Council of the City of Mounds View is proposing a budget of <br />$2,850,852 to provide City services in 1990. This proposed budget <br />is an increase of 3.66 percent over the 1989 Budget. The Council <br />further proposes that total property taxes to be collected for 1990 <br />be $1,391,306. These proposed property taxes are an increase of - <br />$2.83,290 over total property taxes collected in 1989. Of this <br />amount, $262,276 will replace State Aid shifted from the City to the <br />Mounds View School District. This results in an increase of 25.56 <br />percent in property tax collections for the City. If State Aid had not <br />been shifted the increase would have been 1.89 perrent. <br />The budget and amount of property taxes to be collected are <br />proposals only. All citizens of the City of Mounds View are invited to <br />attend a public hearing where the Council will discuss the proposed <br />budget and proposed property taxes. The Council will vote to <br />approve or disapprove this proposed budget and the amount of <br />property taxes to be collected for 1990 at the hearing. Please come <br />and give the members of the Council your opinions on these <br />proposals_ PUBLIC HEARING <br />Date: December 18,1989 <br />Hour: 7:05 p.m. <br />Place: Council Chambers <br />City Hall <br />2401 Highway 10 <br />Mounds View, Minnesota <br />If additional time is needed the hearing will be reconvened on <br />December 26 at 7:05 p.m. in the same place. <br />Summaries of the City's proposed 1990 budget are available for <br />review at the City Hall. Persons unable to attend this hearing may <br />send written comments to the Council at the above address. For <br />II the Finance Director's office: 784-3055, <br />more information, ca <br />8 a.m. - 4:30 p.m. Monday -Friday. <br />