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1 CITY OF ST. ANTHONY <br /> CITY COUNCIL TRUTH IN TAXATION <br /> 3 HEARING MEETING MINUTES <br /> 4 DECEMBER 3, 1997 <br /> 5 I. CALL TO ORDER/ROLL CALL. <br /> 6 The meeting was called to order at 7:00 P.M. Boy Scout Troop 711 of St. Charles Church , <br /> 7 along with their Troop Leader, Tom Patrick, led the Pledge of Allegiance. <br /> 8 H. ROLL CALL. <br /> 9 Councilmembers Present: Ranallo, Marks, Enrooth, Wagner, and Faust. <br /> 10 Also Present: City Manager Michael -Mornson, Finance Director Roger Larson, Public Works' <br /> 11 Director Jay Hartman, Police Chief Richard Engstrom, Fire Chief Richard Johnson, Liquor <br /> 12 Operations Manager Michael Larson, and City Attorney William Soth. <br /> 13 <br /> 14 III. OPEN TRUTH IN TAXATION PUBLIC HEARING. <br /> 15 Mayor Ranallo declared the public hearing open at 7:01 P.M. <br /> 16 IV. PRESENTATION OF THE 1998 CITY BUDGET AND TAX LEVY BY CITY <br /> 17 MANAGER AND FINANCE DIRECTOR. <br /> 18 Mayor Ranallo explained that the proposed 1998 City Budget will increase 3.61% and the Tax <br /> Levy will increase by 2.4%. The average value of a home in St. Anthony is $114,000 and <br /> 0 the change would result in a $40 increase in the City portion of the 1998 tax. <br /> 21 Mayor Ranallo explained that the public hearing this evening is in regard to the City Budget. <br /> 22 The public hearing for consideration of valuation of homes will be held in April of 1998. <br /> 23 City Manager Mornson displayed and explained the St. Anthony Budget Calendar. In April <br /> 24 of 1997, the City Manager, Finance Director and all Department Heads of the City began <br /> 25 planning the 1998 Budget. The proposed 1998 Budget/Levy was discussed at the City <br /> 26 Council Work Session on July 29, 1997. On September 9, 1997, a Resolution was passed <br /> 27 setting the proposed 1998 Tax Levy and setting the public hearing and reconvening dates. A <br /> 28 Budget work session with City Council, Department Heads and presentation to the public for <br /> 29 input/comments was held on October 7, 1997. Mornson noted that less than twelve residents <br /> 30 were in attendance at that meeting. The proposed Budget will be presented this evening and <br /> 31 the Adoption Hearing will be scheduled for December 17, 1997. <br /> 32 Mornson displayed and explained the Revenues and Expenditures. The 1997 Budget <br /> 33 Revenues are $3,021,875 and will increase to $3,130,900 in 1998. This includes a 2.4% Tax <br /> 34 Levy increase in property taxes. Mornson noted the Council could increase the Tax Levy by <br /> 35 3.9%, as allowed by State Law, but agreed to hold the increase to 2.4%. As this is a <br /> 36 balanced budget, the expenditures for 1998 will also increase to $3,130,900. All categories <br /> 37 will increase by approximately 3% except for the Elections and City Buildings. Elections will <br /> increase by 17.23% and is due to the City holding two elections in 1998, a primary and a <br /> 39 general. City Buildings will increase by 9.23% and is due mostly in part to the new City <br />