1993-12-20 - Laserfiche WebLink

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I I I Council Meeting Minutes December 20, 1993 Page 5 Council Business. continued Motion by Gunderman, seconded by Larson, to APPROVE AND AUTHORIZE SENDING TIlE LEITER TO THE POLARIS CONCERNING THE TERMS OF THE PURCHASE OF THE PROPERTY AT 248-10TIl STREET NW. 5 Ayes - 0 Nayes, Motion Carried. Egan presented for consideration the adoption of the 1994 annual budget and certification of the property tax levy. In September, Council adopted the maximum tax levy amount, and held a Truth in Taxation Public Hearing on December 8. The budget is an official statement of the services that the City intends to provide along with the methods that will be used to finance the 1994 services. The budget anticipates the continuation of existing services. Service enhancements include: full time Fire Marshal, Housing Inspection Program, School Liaison Officer and the first year of operation of the Family Service Center. The budget is financed through customer charges, State aid, and property taxes. The City's financial policy is to use State aid and property taxes for programs which are of general benefit to the residents. The tax levy amount is $2,606,000 and is less than the information that was provided in Truth and Taxation statements. The final levy amount reflects an 8.4% change in taxes. If residents have questions regarding tax information, they should contact the Finance Department at 633-1533. Benke noted questions raised at the public hearing regarding the Ramsey County Assessor's valuation practices. Residents should contact the Assessor's Office at 266-2041 regarding those practices. Williams said his neighbors had received a large increase in their property valuation this past year, even though, they have not made any improvements. Egan noted that property owners need to make special note of the property valuation notices they received from the County every February or March. These statements reflect the property valuation which will be used for the upcoming tax year. It is important at that time to contact the County if a resident has concern regarding that valuation amount. Motion by Gunderman, seconded by Williams, to WAIVE THE READING AND ADOPT THE RESOLUTION ADOPfING THE 1994 ANNUAL BUDGET AND CERTIFYING TIlE 1994 PROPERTY TAX LEVY. 5 Ay.. .. 0 Nay.., Motion Carried. Benke said that Council and staff will begin the process of evaluating the 1995 budget and five year plan at their upcoming workshops in January. Council Business Polari Property Purchase Report 93-351 Adoption of 1994 Budget Report 93-352 Resolution 93-146 Scheduling of Council W orksessions