CC PACKET 01061998 - Laserfiche WebLink

Home Browse Search

1 CITY OF ST. ANTHONY 2 CITY COUNCIL BUDGET WORK SESSION MINUTES October 7, 1997 7:00 P.M. 5 I. CALL TO ORDER. 6 Meeting called to order at 7:01 p.m. 7 II. ROLL CALL. 8 Councilmembers Present: Ranallo, Marks, Enrooth, Wagner, Faust. 9 Also present: Michael Mornson, City Manager; Kim Moore-Sykes, Management 10 Assistant; Dick Enrooth, Police Chief; Dick Johnson, Fire Chief; Roger Larson, 11 Finance Director; Mike Larson, Liquor Operations Manager; Greg Schmit, Building 12 Inspector. 13 The City Manager introduced the City's new Building Inspector, Greg Schmit. 14 111. DISCUSS AND REVIEW 1998 BUDGET AND TAX INFORMATION WITH 15 CITY STAFF. 16 The Mayor commented on the City's valuation. He reported that St. Anthony will 17 have an estimated levy of 2.4% and a City budget increase of 3.6%. He indicated 18 that this increase is due partly to cost of living increases built into union contracts and 19 a significant increase in health insurance costs. The Mayor explained that the 9difference between the levy and budget will be made up with funds from the reserves. 21 The City Manager summarized General Fund highlights. The City Manager reported 22 significant increases to line items for Elections, which increased because there will be 23 two elections in 1998; and City Hall/ Community Center, which proved to be more 24 expensive to maintain than originally projected. The City Manager reported that one 25 important reason for the increase in City Hall maintenance is that the new building is 26 being used more that the old building. He indicated that these line items went above 27 3% in increases; most of the other line item increases were at or below 3%. 28 The City Manager discussed how property tax rate is determined. He indicated that 29 once the property class rates and levels of state funding are set, then unfunded 30 mandates, county assessments and tax levels of other taxing districts taken into 31 account. He said this year's rate for St. Anthony will increase 2.826%. The City 32 Manager reported that a portion of this rate increase is the result of an overall drop of 33 16% for Hennepin County commercial tax capacity and a 16% drop as well for 34 apartment tax capacity. He said this translates into a shifting of the tax burden to 35 residential homeowners. But he reported a positive impact to homeowners in that the 36 state has increased state aid to school districts, decreasing the amount taxpayers pay 37 to the schools. 00, The Finance Director discussed the proposed City Tax Rate and what contributed to the 2.8% increase. He cited the drop in commercial and apartment rates as the cause for the significant change in the tax rate. 41 The City Manager reported on what residents will get for their tax dollars.