2005 January Newsletter - Laserfiche WebLink

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Hugo City Hall 14669 Fitzgerald Avenue North • Hugo, Minnesota 55038 s o 20 � ` ,�^ '�'� 'i) :,C} `' i sv`•,:, off, L y c 2Q -n.tic �, Apra S7 00 s0 6c� 3eJA 06 t a 3 s -75 004.0 T S1,0-7o , �1 . It, 60 ' (). Ig�w i O S Owl w:. 2004 Year In Review 2005 Budget Review Working together to build a better place to live, Tax rate remains unchanged. work and eniov life. Growth will balance additional spending. This past year,the Hugo City Council and staff met The Hugo City Council approved the 2005 General several goals that were established at the start of Fund Budget and Tax Levy at its December 2004. "I'm very pleased with the way the Council 20,2004 meeting. The approved tax levy is has worked together,"notes Hugo Mayor Fran $3,225,530. This is an increase of$570,105 over Miron. In addition,states Miron,"We've had a the 2004 levy,but due to an increase in taxable good response from the general public in attending market value of properties within the City,the tax our goal-setting sessions."Hugo City Council mem- rate has not changed. The 7%decrease from the ber Becky Petryk expands on the theme of coopera- 2003 tax rate remains intact. While the tax rate has tion and adds,"We have worked diligently to reach not changed,the growth of the community does out to surrounding communities,to counties,to the require increased spending. Hugo Mayor Fran school districts in order to clearly communicate and Miron states,"Spending continues to go up to meet understand everyone's needs and how we can help the level of service and to meet the expectations ' each other." Below is a summary of the major com- that this growth is bringing to the community." munity projects and developments that took place in Miron goes on to say,"This growth,however,also Hugo in 2004. helps to balance the additional spending that's occurring and that's why the tax rate remains NOW Publ!C Works Facility Completed unchanged." • .�. Parkos Construction of West St.Paul was chosen to ., build a new Hugo Public Works facility. In addition The additional tax dollars will be used for debt ser- to the main 15,400 square foot building,the Hugo vice to finance the Public Works facility,funding City Council decided to include an additional 3,600 for right-of--way acquisition for the County State � square feet of garage and storage space designed to Aid Highway(CSAH) 8/14 project,general operat- meet the City's needs for 8-10 years,as well as a ing expenses,and to cover expected state funding 3,200 square foot community room. The building shortfalls in the Market Value Homestead Credit is located on the Rice Lake property,and its new program. address is 6900 137th Street North—approximately 1.5 miles east of Highway 61 on County Road 8. The approved 2005 General Fund budget was Construction of the facility progressed smoothly approved at$2,835,931. Funding has been includ- ed for the following items: Year In Review:See Page 2 2005 Budget:See Page 3