Loading...
HomeMy WebLinkAbout2007 12-03 CCM Truth In Taxation Budget Hearing MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA TRUTH IN TAXATION BUDGET HEARING DECEMBER 3, 2007 CITY HALL COUNCIL CHAMBERS CALL TO ORDER The Brooklyn Center City Council met for the Truth in Taxation Budget Hearing called to order by Mayor Tim Willson at 7:00 p.m. ROLL CALL Mayor Tim Willson and Councilmembers Kay Lasman, Mary O'Connor, Dan Ryan, and Mark Yelich. Also present were City Manager Curt Boganey, Director of Fiscal and Support Services Dan Jordet, Community Development Director Gary Eitel, and Deputy City Clerk Camille Worley. PRESENTATION ON PROPOSED GENERAL FUND TAX LEVY AND GENERAL FUND BUDGET City Manager Curt Boganey presented a DVD distributed by the League of Minnesota Cities that provided an overview on property taxes. He explained the purpose of the meeting and presented a PowerPoint presentation that summarized the following: 2008 Budget Overview General Fund total $15,518,836 Compensation and Staffing including cost increases, additional employees and other funding sources for such Outcomes Expected Proposed Property Tax Levy 2007 Estimated Market Value Payable in 2008 2007 Assessment Tax Capacity in 2008 Property Type Breakdown Change in Median Residential Value 2008 Residential Property Tax Components $193,800 Taxable Market Value Median General Fund Revenues Revenues by Source 2003 -2008 Fiscal Years General Fund Revenues 2007 General Fund Revenues 2008 General Fund Expenditures Expenditure by Department 2003 -2008 Fiscal Years General Fund Expenditures 2007 General Fund Expenditures 2008 12/03/07 -1- Expenditures by Type 2003 -2008 Fiscal Years Expenditures by Type 2008 There was discussion on the information presented where Mr. Boganey addressed questions from the City Council. I I 4. Hearing and Discussion of Proposed Levy Councilmember Lasman moved, and Councilmember O'Connor seconded to open the Public Hearing. Motion passed unanimously. Ron Schmidt, 6518 Willow Lane, inquired about how many of the properties located on the river will see a 20% increase in property taxes. He stated property taxes should not be higher for those properties located on the river and asked how much money of the budget is dedicated to the river. Mr. Boganey explained that a very little amount from the budget is dedicated to the river. It was indicated that the City Assessor would contact Mr. Schmidt regarding his property taxes. Terry Nelson, 3001 51 Ave, inquired about the property tax decrease for apartment owners and asked if those savings were added to the single family property owners. Mr. Boganey explained why the property taxes of apartment buildings showed a decrease. It was indicated that a staff member would contact Mr. Nelson regarding his property taxes. Councilmember Lasman moved, and Councilmember Ryan seconded to close the Public Hearing. Motion passed unanimously. ADJOURNMENT Councilmember Lasman moved, and Councilmember Ryan seconded to adjourn the meeting at 8:35 p.m. Motion passed unanimously. 12/03/07 -2- STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn Center, Minnesota, certifies: 1. That attached hereto is a full, true, and complete transcript of the minutes of a Truth in Taxation Hearing of the City Council of the City of Brooklyn Center held on December 3, 2007. 2. That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall. 3. That the City Council adopted said minutes at its December 10, 2007, Regular Session. City Clerk Mayor 12/03/07 -3