Laserfiche WebLink
City Council Regular Meeting Minutes 02 <br /> December 8,2003 <br /> Page 2 <br /> 1 <br /> 2 Councilmember Thuesen requested the removal of Consent Agenda Item A. <br /> 3 <br /> 4 Motion by Councilmember Thuesen, seconded by Councilmember Sparks, to approve Consent <br /> 5 Agenda Items B and C. <br /> 6 <br /> 7 Motion carried unanimously. <br /> 8 <br /> 9 Motion by Councilmember Faust, seconded by Councilmember Sparks, to approve Consent <br /> 10 Agenda Item A. <br /> 11 <br /> 12 Ayes—3.Nays—0,Abstains—2 (Horst.Thuesen) Motion carried <br /> 13 <br /> 14 V. PUBLIC HEARINGS. <br /> 15 A. Resolution 03-102,re: Truth in Taxation <br /> 16 Mayor Hodson opened the public hearing at 7:07 p.m. <br /> 17 <br /> 18 City Manager Mornson noted the State mandated truth-in-taxation laws required cities to provide <br /> 19 Hennepin and Ramsey Counties with a certified 2004 budget and tax levy. <br /> 20 <br /> 21 Mr. Mornson explained the current year's general fund budget totaled $3,776,400 compared to <br /> 22 $3,844,600 for 2003, which represented a$68,200 decrease or 1.77% less. He noted the 2004 <br /> 23 budget consisted of no new staff positions or programs and was modified to adjust to a$267,348 <br /> 24 reduction in Local Government Aid. He stated the changes and adjustments in the budget <br /> 25 included the following: <br /> 26 1. Budget Cuts and Adjustments $ 26,500 <br /> 27 2. Permanent Reduction in P/W Position $ 30,200 <br /> 28 3. Eliminate One Community Service Officer $ 10,400 <br /> 29 4. Additional Expenditure Reductions $ 64,700 <br /> 30 5. 60% Levy Back for LGA Loss $160,409 <br /> 31 <br /> 32 Mr. Mornson indicated the State imposed levy limits for all cities to insure cities would not <br /> 33 simply pass on their LGA reductions. He stated St. Anthony's levy limit for 2004($2,329,036) <br /> 34 consisted of taking last year's budget levy and adding 60%of the loss in-State Aid. <br /> 35 <br /> 36 Mr. Mornson explained the City portion for a property with a taxable value of$200,000 was <br /> 37 equal to$942.80, which represented an increase of$172.24 for a property with a taxable value <br /> 38 last year of$183,900. He noted a review of the increase was as follows: <br /> 39 1. Budget $40.23 <br /> 40 2. Roads ($ 5.04) <br /> 41 3. Fire Truck $24.41 <br /> 42 4. Public Works Facility $66.04 <br /> 43 5. Fire Station $46.85 <br /> 44 6. Tax Abatement ($ .23) <br /> 45 7. PERA Rate Increase ($ .02) <br /> 46 <br />