2021-12-06 Truth in Taxation Minutes lbertrvi11
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ALBERTVILLE CITY COUNCIL
TRUTH-IN-TAXATION HEARING MINUTES December 6,2021 —6:15 pm
Council Chambers
Albertville City Hall
1. Call to Order
Mayor Hendrickson called the meeting to order at 6:18 pm.
2. Pledge of Allegiance—Roll Call
Present: Mayor Hendrickson, Councilmembers Cocking,Hudson, Olson and Zagorski
Staff Present: City Administrator-PWD Nafstad, Fire Chief Bullen, Finance Director Lannes
and City Clerk Luedke
3. TRUTH-IN TAXATION HEARING
Finance Director Lannes' presentation included an overview of how the property taxes are
calculated and how the budget process works. She presented the historical levy data and
explained the expected changes to the revenue and expenditures for 2022. She stated the
proposed levy increase is 4.99%which equals an increase of$215,567. She said no one was
present for comments and answered questions from Council.
City Administrator Nafstad answered questions from Council regarding the proposed levy
increase.
4. Adjournment
MOTION made by Councilmember Olson, second by Councilmember Zagorski to adjourn the
meeting at 6:31 pm.Ayes: Cocking,Hendrickson, Hudson, Olson and Zagorski.Nays:None.
The motion carried.
Respectfully;r,
Kristine A. Luedke, City Clerk