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2 2009 Changes to Truth in Taxation Process 2009 Minn. Laws ch. The 2009 Legislature made significant changes to the truth -in- taxation 88, art. 3 amending Minn. requirements, essentially abolishing the old scheme of published notices, stat. § 275.065, subd. 1. public hearings, and meetings. While apparently not the intent of the legislation, the amended language contains no exception for smaller cities or cities with levy increases less than or at the inflation price deflator (IPD). The law seems to require that all cities follow this new process, but the Department of Revenue views this as contrary to legislative intent and they will not be enforcing the law with respect to cities under 500. However, according to the Minnesota Department of Revenue, the exception for being at or below the IPD is gone. So if a city increases their levy by 0.83 percent or less that city is still subject to the new TNT process. A. TNT Summary Chart 1. Plan regularly scheduled meeting agendas early July 2009 Be aware that cities must plan ahead and figure out which regularly scheduled meetings will include discussion of the city budget and levy, 2009 Minn. Laws ch. 88, art. 3, § including the regularly scheduled meeting at which the final budget and levy 275.065, bds. Iandi3. stet. § will be adopted. Cities must • announce this schedule, • note it in council minutes (or proceedings), publish it as required by law and • provide the same specific meeting information to county auditors on or before September 15. 2009 changes in the TNT law show legislators are most interested in city councils including information on the budget and levy process in minutes and dealing with these topics at regularly scheduled meetings. The published notices and numerous meetings previously required were repealed by the legislature. MEMO NAME 2. Announce which regularly scheduled meetings will include budget and levy discussions and decisions On or before Tuesday, September is, 2009. The law now requires that before September 15, 2009, at the regularly scheduled meeting at which the city council adopts a proposed tax levy, the 2009 Minn. Laws ch. 88, art. 3, § city council must also announce: 2 amending Minn. Stat. § the time and place of the council's next regularly scheduled 275.065, subd. 1. meetings at which the budget and levy will be discussed. Note: these meetings must be held after 6 p.m. • the date and time of the regularly scheduled meeting at which a final budget and levy will be determined MEMO NAME