2015-12-07 City Council Minutes - TNTA,lbertville
TRUTH -IN- TAXATION HEARING
December 7, 2015
APPROVED MINUTES
ALBERTVILLE CITY HALL
CALL TO ORDER
Mayor Hendrickson called the meeting to order at 6:31 p.m.
6:30 p.m.
ROLL CALL
Present: Mayor Hendrickson and Council members Hudson, Olson, Sorensen, and Vetsch
Absent: None
Others present: Finance Director Tina Lannes, City Clerk Kimberly Olson, Jeremy Dominick,
Roger Lucy, Chris Hanson, Josh Opiola
TRUTH -IN- TAXATION
Lannes gave a presentation on the proposed budget and levy for 2016. She provided an
overview on how property taxes are calculated and reviewed the budget process. She also
provided a historical look at the budgets and the percentage of change in the levy for the last
several years.
Lannes reported the preliminary levy was set in September for a 4.98% increase. She stated that
at the November 2, 2015 budget workshop, the Council proposed reducing the levy increase to
3.98% by removing approximately $35,000 from the budget. However, she stated that the truth
in taxation statements that residents received showed the original 4.98% that had been submitted
to Wright County.
Lannes reviewed the changes in revenues and expenditures. She indicated that the 2016 budget
and levy does not include funding for a second sheet of ice at the STMA Ice Arena.
Hendrickson opened the hearing for public comment.
There were no comments and Hendrickson closed the public hearing.
Page 1
ADJOURN
Motioned by Hendrickson, seconded by Vetsch, to adjourn the meeting at 6:40 p.m. Ayes:
Hendrickson, Hudson, Olson, Sorensen, and Wagner. Nays: None. Absent: None. MOTION
DECLARED CARRIED.
Respectfully submitted,
Kimberly A. ,61son, City Clerk
City Council Truth -in- Taxation Minutes Page 2
Meeting of December 7, 2015