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2013-12-02 CC Minutes TNTA,lbertville Smo. roum �9 aW UWn 9 . ua. TRUTH -IN- TAXATION HEARING December 2, 2013 ADOPTED MINUTES ALBERTVILLE CITY HALL CALL TO ORDER Mayor Hendrickson called the meeting to order at 6:10 p.m. 6:00 p.m. ROLL CALL Present: Mayor Hendrickson and Council members Olson, Sorensen, and Wagner Absent: Vetsch Others present: City Administrator -PWD Adam Nafstad, Finance Director Tina Lannes, and City Clerk Kimberly Olson TRUTH -IN- TAXATION Lannes gave a presentation on the proposed budget and levy for 2014. She provided a historical look at the budgets and the percentage of change in the levy for the last eight years. She stated the proposed levy is $3,300,124 which is an increase of 2.96% from last year. She added that even though the operations levy went down $25,798, the debt levy went up $120,816 leading to the overall 2.96% increase. Lannes provided several charts outlining how and where tax dollars are distributed and listed the changes to revenue and expenses. PUBLIC HEARING Hendrickson opened the hearing for public comment. There was no one present for comment. Motioned by Hendrickson, seconded by Sorensen, to close the public hearing. Ayes: Hendrickson, Olson, Sorensen, and Wagner. Nays: None. Absent. Vetsch. MOTION DECLARED CARRIED. Page 1 ADJOURN Motioned by Hendrickson, seconded by Wagner to adjourn the meeting at 6:29 p.m. Ayes: Hendrickson, Olson, Sorensen, and Wagner. Nays: None. Absent. Vetsch. MOTION DECLARED CARRIED. Respectfully submitted, Kimberly son, City Clerk Truth in Taxation Meeting Minutes December 2, 2013 Page 2