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expenditures were not supposed to increase by more than 7.5% in 2026 and questioned why the Council was proposing a 9% levy increase. <br /> <br />Council Member Gunn explained the preliminary levy was set at 9% and noted this amount could go down. She reported the Council has been working to further refine expenditures in order <br /> to bring in the final levy below 9%. <br /> <br />Mayor Lindstrom reported the Council would be further discussing the levy and budget at the worksession meeting following the Truth in Taxation meeting and noted the final levy would <br /> be approved by the City Council on Tuesday, December 9. <br /> <br />Council Member Meehlhause reported the State Auditor recommends the City maintain a fund balance of 35% to 50% of the general fund budget. He stated the reason for this was because the <br /> City was only paid property taxes twice a year. He noted the City currently has a 50% fund balance. <br /> <br />Mayor Lindstrom suggested the City hold a budget town hall in October of each year, if there was enough interest from the public. <br /> <br />Mr. Sabur stated he was born and raised in Mounds View and chose to purchase a home in Mounds View with his own family. He explained this was a tough time for families and seniors. <br /> <br />Mayor Lindstrom closed the Truth in Taxation Public Hearing at 7:10 p.m. <br /> <br />Council Member Gunn encouraged the public to view the SBM Fire parade on Tuesday, December 2. <br /> <br />Mayor Lindstrom invited the public to participate in the community meal which would be held on Monday, December 8 from 5:00 p.m. to 7:00 p.m. at the Mermaid. <br /> <br />Mayor Lindstrom reported the tree lighting ceremony would be held on Friday, December 5 from 4:00 p.m. to 7:00 p.m. at City Hall. <br /> <br />Mayor Lindstrom stated there would be a town hall meeting at City Hall on Saturday, December 6 with the Attorney General and parents from Annunciation where the topic of gun violence <br /> will be discussed. <br /> <br />Mayor Lindstrom indicated there would be a food distribution at the Community Center on Sunday, December 7 from 2:00 p.m. to 4:00 p.m. <br /> <br />6. Next Council Work Session: Monday, December 1, 2025, at 6:30 p.m. <br />Next Council Meeting: Tuesday, December 9, 2025, at 6:00 p.m.