12-01-03 agendaCITY OF RICHFIELD, MINNESOTA
SPECIAL CITY COUNCIL MEETING
MONDAY, DECEMBER 1, 2003
COUNCIL CHAMBERS
6700 PORTLAND AVENUE
6:30 P.M.
AGENDA
Call to order
Roll call
1. Truth in Taxation public hearing regarding 2004 property tax levy and 2003
revised/2004 proposed budget and proposed 2004 water, wastewater and storm
sewer utility rates
Staff Report No. 275
Notes:
Adjournment
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AGENDA ITEM # j
REPORT # 175
~~ STAFF REPORT
CITY COUNCIL MEETING
DECEMBER 1, 2003
REPORT PREPARED BY: CHRIS REGIS, FINANCE MANAGER
NAB TITLE
COUNCIL PRESENTER:
NAME T
DEPARTMENT DIRECTOR REVIEW: '~
SIGNATTJRE
REVIEWED BY CITY MANAGER:
ITEM FOR COUNCIL CONSIDERATION:
Conduct a truth in taxation public hearing regarding the 2004 property tax levy and 2003
Revised/2004 Proposed budget and proposed 2004 water, wastewater and storm sewer utility
rates.
I. RECOMMENDED ACTION:
Conduct and close the truth in taxation public hearing and by motion:
schedule final action on the levy and budget items and utility rates for
the regular City Council meeting of December 9, 2003.
II. BACKGROUND
• At the September 9, 2003 City Council meeting the City Council adopted the 2004
proposed property tax levy and selected December 1, 2003 as the date for the statutory
truth in taxation public hearing.
• Hennepin County has mailed the proposed 2004 property tax statements to property
owners in Richfield, which are based upon the proposed levy and announce the date of
the public hearing.
III. BASIS OF RECOMMENDATION
A. POLICY
• Minnesota Statute mandates the truth in taxation public hearing, which
must be conducted on December 1, 2003.
• All publications and notifications have been made pursuant to law.
• If the public testimony cannot be concluded on December 1, 2003, the
hearing must continue to December 8, 2003.
B. CRITICAL ISSUES
• If the public hearing is concluded on December 1, it would be
desirable to schedule the final adoption action on December 9, 2003
to allow ample time to conclude the truth in taxation process prior to
the deadline of December 29, 2003.
C. FINANCIAL
• N/A
D. LEGAL
• The official adoption of the final levy and budget cannot occur at the
initial TNT hearing or at the continuation hearing, if one is held. A
subsequent meeting is required for adoption.
• The subsequent meeting for official adoption, must be held at least
one day after the initial TNT hearing or, if a continuation hearing is
held, either immediately after the continuation hearing or on a date
following the continuation hearing.
• A subsequent meeting may be held at a regularly scheduled Council
meeting or a Special Council meeting, but must be completed by
December 29, 2003.
IV. ALTERNATIVE RECOMMENDATION(S~
• None with respect to conducting the public hearing, as it is mandated by
state law.
• If a con#inuation hearing is necessary then the final action on the levy must
be postponed until after the December 8, X003 continuation hearing. Final
action could then be taken at the December 9 Regular City Council meeting.
V. ATTACHMENTS
• None.
VI. PRINCIPAL PARTIES EXPECTED AT MEETING
• None.