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12-04-2000 CC MIN - SPECIAL . . . SPECIAL MEETING OF THE ELK RIVER CITY COUNCIL HELD AT THE ELK RIVER CITY HALL MONDAY, DECEMBER 4, 2000 Members Present: Mayor Klinzing, Councilmembers Dietz, Farber, Motin, and Thompson Members Absent: None Staff Present: Pat Klaers, City Administrator; Sandra Peine, City Clerk; and Lori Johnson, Finance Director 1. Call Meetina To Order Pursuant to due call and notice thereof, the special meeting of the Elk River City Council was called to order at 6:00 p.m. by Mayor Klinzing. 2. Truth in Taxation Public Hearina City Administrator Pat Klaers explained that the purpose of this public hearing is to receive citizen and property owner input on the proposed 2001 city budget and tax levy. Mr. Klaers indicated that the proposed general fund budget for 2001 is $6,470,000. He gave a description of the general fund revenues and expenditures by category. The city administrator explained the budget by type of services and departments. Finance Director Lori Johnson reviewed information on the city tax rate and levy. She indicated that the city levy is proposed at $4,457,247, which is 11.55 percent or $461,778 more than last year. Lori stated that due to the growth in the city net tax capacity, it is estimated that the city tax rate will increase by only 1 percent next year. She further explained how the total property tax is divided between the city, the county, and the school district and further gave some property tax comparisons showing how the tax rate would affect residential homestead and commercial/industrial properties. Mayor Klinzing Mayor Klinzing opened the public hearing for citizen input on the general fund budget and tax levy for the 2001 City of Elk River budget. Dorothv Michaels - 200 Morton Avenue had some questions pertaining to the procedure of appraising homes in the city. David Grove - 11871 192nd Ave. NW - Mr. Grove indicated that his estimated city tax had risen by 14%. He indicated that he felt the tax percentage increase is too high. . . . City Council Minutes December 4, 2000 Page 2 There being no further comments from the public, Mayor Klinzing closed the public hearing. Mayor Klinzing indicated that the council would adopt the 2001 budget at the December 11, 2000, City Council Meeting to be held at 6:30 p.m. 3. Adiournment There being no further business, Mayor Klinzing adjourned the meeting of the Elk River City Council at 6:45 p.m. ~~.~ S6ndra Peine Q City Clerk