Laserfiche WebLink
I CITY COUNCIL MEETING <br /> 2 NOVEMBER 30, 1993 • <br /> 3 PAGE 4 <br /> 4 <br /> 5 <br /> 6 He said the reason for the difference was due to the changes <br /> 7 in commercial and industrial property valuation. State and <br /> 8 federal mandates will also affect property taxes . <br /> 9 <br /> 10 A Redevelopment Committee has been formed consisting of <br /> 11 appointed members from the Council and Planning Commission,- <br /> 12 small businesses, and- churches to look at properties in St . <br /> 13 Anthony to see if and what redeveloping can be done to bring <br /> 14 up the tax base . <br /> 15 <br /> 16 The City of Lauderdale has contracted with St . Anthony to <br /> 17 provide police protection in their community. The Mayor <br /> 18 felt this would be a way to increase police protection in <br /> 19 St . Anthony without raising the police department budget <br /> 20 because Lauderdale is paying for the extra officers . He <br /> 21 indicated on the budget it appears that Lauderdale is paying <br /> 22 more than what it costs St . Anthony. He said the City is <br /> 23 not making money on the deal because there is always hidden <br /> 24 expenses but they do have about a $5, 000 cushion. <br /> 25 <br /> 26 Dennis Cavanaugh inquired as to the percentage of the tax <br /> 27 capacity and the City Manager informed him that there was a • <br /> 28 significant drop in the tax capacity. The Finance Director <br /> 29 informed Mr. Cavanaugh that the tax capacity had dropped <br /> 30 7 .4% for a total dollar amount of $376 , 349 . The Mayor <br /> 31 indicated that it was impossible to indicate. how the tax <br /> 32 capacity drop would affect each individual . <br /> 33 <br /> 34 The City Manager said the process used to budget was to <br /> 35 submit the first draft in July to the City Council . He said <br /> 36 it is necessary to prepare the budget very far. in advance <br /> 37 because of dates established by the State of Minnesota. In <br /> 38 August the State notifies the City of what the local . <br /> 39 government HACA (homestead credit) allocation will be for <br /> 40 that year. One-on-one meetings are conducted with the City <br /> 41 Manager, Council, department heads and staff- to discuss any <br /> 42 issues they have regarding the ..budget . In September a <br /> 43 resolution- needs to be passed that sets the .proposed levy. <br /> 44 A levy can always be set and reduced but never set and <br /> 45 increased from the proposed number and then has .to be <br /> 46 certified to the County Auditor. The State gives the dates <br /> 47 on which the public hearings can he held and the Council <br /> 48 publishes the date and invites individuals to come to speak <br /> 49 about budget services. If needed, a reconvening hearing <br /> • <br />