1995-12-11 CC TNTALBERTVILLE CITY COUNCIL
TRUTH IN TAXATION HEARING
December 11, 1995
Albertville City Hall 7:00 PM
PRESENT: Mayor Mike Potter, Councilmembers Sharon Anderson,
Duane Berning, John Vetsch and Curt Muyres, City Administrator
Garrison Hale, and City Clerk -Treasurer Linda Houghton
Mayor Potter called the Truth in Taxation Hearing for the City
of Albertville to order. The purpose of the meeting is to discuss
the proposed 1996 budget and the tax levy necessary to meet the
budgetary needs.
Mayor Potter explained that the net increase in taxes on
properties within the City of Albertville is 5.995%. Increases
varying from that percentage on the tax statements are the result
of increased property values.
The Council discussed changes in the 1996 budget department by
department. The audience was invited to participate in the
discussion and ask pertinent questions.
Councilmember Muyres further explained that the 1996 budget is
a "bare bones" budget and does not provide for financing capital
improvements that the City needs to encourage more commercial and
industrial growth. Muyres further explained that as the City
continues to grow, more City services are required, resulting in
increases in budget expenditures. He told the audience riot to
expect that taxes will decrease in the future.
Anderson made a motion to adjourn the Truth in Taxation
Hearing at 8:45 PM. Muyres seconded the motion. All voted aye.
114/1/ r
Michael Potter, Mayor
Lirida Houghton, Cl k