CC PACKET 12201995 - Laserfiche WebLink

Home Browse Search

City Council Truth in Taxation Hearing Meeting Minutes December 6, 1995 • Page 3 1 Finance Director for his presentation. He suggested the City become pro-active in the mandate 2 issue. 3 Mayor Ranallo noted the City was pro-active. This is the reason they belong to the League of 4 Minnesota Cities and Association of Metropolitan Municipalities. He explained residents needed 5 to contact their legislators in regard to these issues. 6 Mr.Nelson asked if the City made a profit by providing police assistance to Falcon Heights and 7 Lauderdale. 8 Mayor Ranallo indicated the City did. From those funds the City was able to increase their own 9 police protection. The revenues pay for three cars needed to cover the City of St. Anthony each 10 year. 11 Mr. Raymond Olson, 3412 Skycroft Drive, stated his taxes had increased by 17%. His market 12 value had increased from $129,000 in 1995 to $136,000 in 1996. This is an increase of 7%.-Mr. 13 Olson stated he had contacted the County in regard to his valuation and they had sent out a 14 young lady. He felt she did not hear a word he said. He questioned why the Mayor/City 15 Council budget increased by $13,000 from 1994-1995. 0 Finance Director Larson explained line items had been transferred to clarify the cable issue. 17 There was not an increase in expenditures but a redirection of numbers. 18 Mr. Olson stated his market value had been increased because the assessor thought this was a hot 19 area. His market value was$136,000 but even if his house sold for that amount, how much 20 would go for the salesperson's commission. 21 Mayor Ranallo stated that was not the way the assessor determined the market values. The 22- assessors are receiving a lot of pressure to assess values within 93-100%of the selling prices of 23 homes. 24 Mr. Frank Budnecki, 3124 Wilson Street N.E., stated he lived in a home valued at only$80,000. 25 Last year his market value increased by $5,000 and this year by $4,000. He questioned how this 26 could be. 27 Mayor Ranallo noted this did not relate to the budget. He explained the assessor only comes to 28 your every four years. The other years an average is determined and values are raised according 29 to that average. 30 Mr. Budnecki stated his city taxes had increased by 18.8%. He questioned why his were so high it and why the rates of increase aren't the same for everyone.