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1994-12-07 CC TNTALBERTVILLE CITY COUNCIL TRUTH IN TAXATION HEARING December 7, 1994 Albertville City Hall 7:30 PM PRESENT: Mayor Mike Potter, Councilmembers John Vetsch, Duane Berning, Sharon Anderson, and Albert Barthel, City Clerk Linda Houghton Mayor Potter called the Truth in Taxation Hearing for the City of Albertville to order at 7:30 PM. The purpose of the hearing is to review the proposed 1995 budget and tax levy to be collected in 1995. The Council reviewed the proposed budget for 1995 and the summary of the levy as presented. Eugene Valerius was the only person in the audience. Mayor Potter explained that the majority of the tax levy increase will be covered by the wider tax base and most property owners would experience an increase in taxes due to increased market evalution in their properties. Mayor Potter called for public comment. Valerius stated that his tax statement showed an increase in his evaluation, which he feels is too high. Potter explained that the City had the assessor visit the site after the Board of Review Hearing to adjust Valerius' evaluation. Valerius stated that even though the assessor has lowered his evalution from the original amount, he feels the evaluation is still too high. Potter expelined that the purpose of this hearing is to consider the budget and the levy only and that the Board of Reivew hearing held in the spring deals with evalution questions. Valerius had no further comments and left the meeting. Anderson made a motion to close the public portion of the hearing. Barthel seconded the motion. All voted aye. The Council continued to review the proposed budget and made $4,250 in total cuts from the original numbers. Barthel made a motion the approve the revisions to the revised budget and levy. Berning seconded the motion. All voted aye. The Council will officially approve the 1995 levy and the 1995 budget at the regualr Council meeting on December 19, 1994. Barthel made a motion to adjourn at 10:30 PM. Anderson seconded the motion. All voted aye. Michael Potter, Mayor Linda Houghton, Clerk