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City Council Truth in Taxation Hearing Meeting Minutes <br /> • December 6, 1995 <br /> Page 3 <br /> 1 Finance Director for his presentation. He suggested the City become pro-active in the mandate <br /> 2 issue. <br /> 3 Mayor Ranallo noted the City was pro-active. This is the reason they belong to the League of <br /> 4 Minnesota Cities and Association of Metropolitan Municipalities. He explained residents needed <br /> 5 to contact their legislators in regard to these issues. <br /> 6 Mr. Nelson asked if the City made a profit by providing police assistance to Falcon Heights and <br /> 7 Lauderdale. <br /> 8 Mayor Ranallo indicated the City did. From those funds the City was able to increase their own <br /> 9 police protection. The revenues pay for three cars needed to cover the City of St. Anthony each <br /> 10 year. <br /> 11 Mr. Raymond Olson, 3412 Skycroft Drive, stated his taxes had increased by 17%. His market <br /> 12 value had increased from $129,000 in 1995 to $136,000 in 1996. This is an increase of 7%. Mr. <br /> 13 Olson stated he had contacted the County in regard to his valuation and they had sent out a <br /> 14 young lady. He felt she did not hear a word he said. He questioned why the Mayor/City <br /> �5 Council budget increased by $13,000 from 1994-1995. <br /> 16 Finance Director Larson explained line items had been transferred to clarify the cable issue. <br /> 17 There was not an increase in expenditures but a redirection of numbers. . <br /> 18 Mr. Olson stated his market value had been increased because the assessor thought this was a hot <br /> 19 area. His market value was $136,000 but even if his house sold for that amount, how much <br /> 20 would go for the salesperson's commission. <br /> 21 Mayor Ranallo stated that was not the way the assessor determined the market values. The <br /> 22 assessors are receiving a lot of pressure to assess values within 93-100% of the selling prices of <br /> 23 homes. <br /> 24 Mr. Frank Budnecki, 3124 Wilson Street N.E., stated he lived in a home valued at only $80,000. <br /> 25 Last year his market value increased by $5,000 and this year by $4,000. He questioned how this <br /> 26 could be. <br /> 27 Mayor Ranallo noted this did not relate to the budget. He explained the assessor only comes to <br /> 28 your every four years. The other years an average is determined and values are raised according <br /> 29 to that average. <br /> 4 0 Mr. Budnecki stated his city taxes had increased by 18.8%. He questioned why his were so high <br /> 1 and why the rates of increase aren't the same for everyone. <br />