2013-12-02 CC Minutes TNTA,lbertville
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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.
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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