CC PACKET 01091990 - Laserfiche WebLink

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CITY OF ST. ANTHONY • BUDGET PUBLIC HEARING December 18, 1989 1 . CALL TO ORDER 2 Mayor Pro-tem Ranallo called the hearing to order at 7:05 .p.m. . 3 4 2. ROLL CALL 5 Present : Enrooth, Makowske, Ranallo 6 Absent : Marks, Sundland 7 Staff Present: City Manager Burt 8 Assistant to the City Manager VanderHeyden 9 10 3. PUBLIC HEARING - RE: CERTIFICATION OF THE TAX LEVY AND THE 1990 BUDGET 11 FOR THE CITY OF ST. ANTHONY 12 13 Mayor Pro-tem Ranallo read the official publication notice. which had 14 appeared in the Minneapolis paper and the St. Anthony Bulletin. He stated 15 that this is the third time a public hearing has been scheduled to discuss 16 certification of the tax levy. The notifications of the previous hearings 17 contained errors and necessitated rescheduling of the hearing. 18 19 Mayor Pro-tem Ranallo advised those in attendance that the City Council 20 has held an annual public hearing to review the budget for many years. 21 Because of the requirements of the newly-passed Truth in Taxation law, 22 the public notification must include the -proposed increase/decrease in • �3 the budget as well as the anticipated funding from Local Government Aid 24 (LGA) . Also required was a published notification of the public hearing. 25 26 All taxing authorities are required to hold public hearings on their budgets. �7 Mayor Pro-tem Ranallo stated if all of the business regarding the budget is 28 not completed a.t this hear-ing, it would be reconvened on Wednesday, December 29 20th at 7:00 p.m. . 30 31 It was noted that all Councilmembers had received numerous calls regarding 32 the budget. Previously, the Council met with Representative McGuire, the 33 Superintendent of the School District and the School District 's Financial 34 Director to discuss LGA and the formula for its distribution. '35 36 City Manager Burt reviewed the proposed budget. The sources of funding for 37 Local Government Aid comes from sales tax and property tax. This year half 38 of the LGA funds are- going to the School District. The City Manager stated 39 40 that it is the intent of the State to- eventually fund the school districts. 41 Mayor Pro-tem Ranallo observed that the LGA has been regularly decreasing 42 over the last few years and the intent of the Legislature is to completely 43 phase it out in the future with the State totally funding schools. 44 45 The proposed budget is a 3% increase over the 1989 budget. Because of the 46 sh.ift of the LGA to the School District a 31% decrease is anticipated in 47 the District's budget. • 48 49 Councilmember Enrooth observed that the proposed budget' s increase of 3% 50