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1991-11-21 CC Minutes Special . . . CITY OF ALBERTVILLE TRUTH IN TAXATION HEARING November 21, 1991 Albertville City Hall 7:30 PM PRESENT: Mayor Jim Wal sh, Counci lmen Mike Potter, Duane Berning, Donatus Vetsch, and Mark Barthel, City Attorneys Mike Couri and Bill Radzwill, City Auditor Don Zierke, City Clerk Linda Houghton Mayor Wal sh call ed the meeting to order. Copies of the proposed 1992 budget and budgets summaries were available for the audience to review. Mayor Walsh explained to the audience that the Council had spent many hours attempting to put together an realistic and accurate budget. The Council also explained the financial position of the City in the letter sent to all residents. Mayor Walsh then opened the meeting for questions from the audience. steve Panuska questioned whether the levy for 1993 taxes would go down because there would be no IRS penal ties and interest payments. The Council stated they could not guarantee lower levies for next year, because some of the I evied funds are going to capital improvements that are necessary and have not been levied for in previous years. Mayor Walsh stated that this Council will pass a reso I uti on that requi res the funds I evi ed for capi tal improvements can be spent only on that improvement, without action of the City Council. The audience was assured that the past taxes have been paid and current tax payments are being made regularly and on time. Carl a SuI 1 i van asked if the Counci I has considered a debt recovery plan. She questioned whether the legal and accounting firms had advised the Council about the problems and how to correct them. Attorney Radzwill said his office is still trying to decide if there was non-feasance or malfeasance by city employees, if the City had received inaccurate advice, or if good advice was just not followed. Radzwill also added that the City Council is continuing to look into the economic feasibility of attempting to recover funds through its Errors and Omissions insurance. Radzwill stressed that investigations have shown that no ci ty money is missing and none of the Ci ty' s funds were used for non-ci ty expenses. Tom Shepherd commended the Counci I on the steps they have already taken to correct the problems. He and Tim Philips questioned who was responsible for the loss of income from the failure to invest the City's monies. Mayor Walsh said the Council itself is ultimately responsible for spending and investing the City's funds. . . . Sue Tohal asked how long the present Counci I had been in control. Mayor Walsh introduced each of the Councilmen and the date of their election/appointment to the Council. Ken Weber asked. Councilman Vetsch how all the problems addressed in the letter to the City residents were addressed at the time of occurrence. In answer, Mayor Walsh stated there may have been information that the Council wad not made aware of. Steve Panuska asked for clarification of HACA and Disparity Reduction Aid. Tom Shepherd questioned how secure these amounts from the state were. Radzwill assured the audience the amounts listed on the revenue side of the budget were accurate and the City could count on receiving those amounts. Mary Ann Andrea questioned if accurate records of the meetings are being kept at this time. She also questioned whether the Council was sure that in the future all management letters are received by the Council members. The Council assured the audience that internal controls are now in place in the accounting process, accurate, up-to-date reports are being presented to the Council, and the Council will be passing a resolution that capital improvement levies can only be spent for specified improvements. Bridget Berning made the comment that there should have been a system of cross checking in the previous administration. Dave Vetsch pointed out that he feels the City Council hired a person that they thought capable but it didn't happen that way. Tom Shepherd questioned if the Council felt that the capital outlays budgeted for the fire department were enough to provide continuous, adequate fire protection for the City. Bertha Paulson questioned if interest on the penalties due to the IRS are still accruing. Don Zierke explained that although the pena I ti es are no longer accruing, interes t on them is s ti II accruing. When questioned whether extensions were filed on the delinquent payroll taxes, Zierke explained that there are no extensions that could be filed. Rick Wacker questioned what wages for City employees have been set. Mayor Walsh said that wages for 1992 have not officially been set, but an increase of 3.5% and about 7% have been pro[posed for the maintenance department. Vetsch made a motion to adopt RESOLUTION ADOPTING THE FINAL ALBERTVILLE 1991 TAX LEVY, COLLECTIBLE IN 1992. Barthel seconded the motion. All voted aye. Barthel made a motion to adopt RESOLUTION ADOPTING THE FINAL ALBERTVILLE BUDGET FOR 1992. Pot ter seconded the moti on. All voted aye. Ron Becker questioned how much he could expect his property