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HomeMy WebLinkAbout12-11-06 . CITY OF LAKEVILLE SPECIAL COUNCIL MEETING TRUTH IN TAXATION PUBLIC HEARING DECEMBER 11, 2006 Mayor Johnson called .the meeting to order at 7:00 p.m. Roll call was taken. Present: Council Members Bellows, Wulff, Luick and Mayor Johnson. Absent: Council Member Rieb. Also .present: S. Mielke, City Administrator; D. Feller, Finance Director; C. Friedges, City Clerk. Mayor Johnson opened the public hearing on the proposed. 2007 budget and tax levy. Finance Director Dennis Feller provided an overview of the proposed budget and tax levy. Mr. Feller explained that the 2007 budget is the same as the previously adopted preliminary budget, with the exception of a $17,733 reduction in the. Street Department budget. He explained that staff is proposing the acquisition of three dump trucks .rather than the rental of graders. He explained that the acquisition of trucks is more cost effective and efficient than renting graders. The Equipment Fund, therefore, is being increased by $369,350 for the acquisition of the three dump trucks. The acquisitions will be financed with the issuance of Equipment Certificates of Indebtedness. Mr. Feller also pointed out that the preliminary budget contemplated a 3% increase in sanitary sewer user rates. The proposed budget adjustments eliminate the necessity to increase sanitary sewer rates in 2007. The total tax levy for 2007 is $19,942,716. Mr. Feller explained that the levy is the same as the preliminary levy adopted in September. However, the levy is being reduced by $17,733 due to the elimination of .the grader rental and is being increased by $50,914 for the purchase of three dump trucks. The levy is also being reduced by $33,181 as a result of receiving very favorable bids for the ice arena bonds. (A complete copy of the 2007 budget presentation is on file in the City Clerk's office.) • Mayor Johnson opened the hearing for public comments. CITY OF LAKEVILLE SPECIAL COUNCIL MEETING DECEMBER 11, 2006 Page 2 • Bob Kindelspire, 20630-207t" Court, raised a concern regarding. the increased valuation of his home and the corresponding increase in his property taxes. Mayor Johnson explained that the City does not determine market value of residential property. That is handled by the Dakota County Assessor's Office. Mr. Feller suggested that Mr. Kindelspire contact the assessor's office to get an explanation of his valuation and a comparison of similar homes in the area. Greg Vandergrift, 19049 Inndale Drive, stated his taxes increased 12%, which he feels is excessive. He also questioned the increase in his valuation. Mr. Feller explained that taxes on an average residential property in Lakeville increased 6%. It would appear that Mr. Vandergrift's increase is the result of a market value increase on his property. He suggested Mr. Vandergrift also meet with the Dakota County Assessors Office. • 06.102 Motion was made and seconded to close the public hearing on the proposed 2007 budget and tax levy. Roll call was taken on the motion. Ayes, unanimous. Mayor Johnson stated that adoption of the final budget and tax levy will be considered at the regularly scheduled City Council meeting of December 18, 2006. 06.103 Motion was made and seconded. to receive written comments from the following property owners: Dan Anderson (no address given), Arthur & Myrna Meinhardt (16530 Judicial Road) and Jay Peterson (17225 Eagleview Drive). Roll call was taken. on the motion. Ayes, unanimous. Mayor Johnson adjourned the meeting at 7:37 p.m. CITY OF LAKEVILLE SPECIAL COUNCIL MEETING DECEMBER 11, 2006 Page 3 • Respectfully submitted, Charlene Friedges, Clerk Robert D. Jo on, Mayor