HomeMy WebLinkAboutTT December 1, 2003
C I T Y o F
NDOVE
1685 CROSSTOWN BOULEVARD N.W. . ANDOVER. MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
City of Andover
Truth in Taxation Hearing
2004 Proposed Budget
Monday, December 1, 2003
7:00 p.m.
Council Chambers
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1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755·5100
FAX (763) 755·8923 . WWW.CI.ANDOVER.MN.US
TRUTH IN TAXATION MEETING-DECEMBER I, 2003 -MINUTES
The Truth in Taxation meeting was called to order by Mayor Mike Gamache at 7:00 p.m.,
Monday, December 1,2003 at the Andover City Hall, 1685 Crosstown Boulevard NW,
Andover, 11innesota.
Councilmembers Present: Mike Knight, Don Jacobson, Ken Orttel
Councilmembers Absent: Julie Trude
Also Present: Jim Dickinson, Finance Director
Lee Brezinka, Assistant Finance Director
Mr. Dickinson explained that this is the initial meeting to accept public input and if
Council cannot answer all of the questions tonight they will need to schedule a
continuation. If Council agrees on the budget it will be on the December 16, 2003
agenda for adoption.
Mr. Dickinson reviewed the proposed 2004 budget, noting that the state imposed levy
limits will result in the city 10sing $994,215 in taxing authority. The 2004 proposed tax
rate is 31.340% with a net of28.814% due to the market value homestead credit inflation
in the rate compared to the 2003 tax rate of33.161 %. Fund balance reserves will be at
approximately 33%, exceeding Council guidelines 000%. The budget provides no new
capital equipment and outlays in the General Fund, defers a significant amount of new
outlays into 2005 and proposes an equipment note issuance of about $400,000 in 2004 as
part of the five year Capital Improvement Program.
Mayor Gamache opened the hearing for public comment.
Robert Buchwald, 1526- 148th Avenue NW stated that the city portion of his proposed
2004 taxes went up 7%. He checked with the state and found that the CPI is at 2% and
the city is proposing 3%. He asked if the city would be reducing it to 2%.
Councilmember Jacobson explained that when the budget process began Council guessed
that it would be 3% and used that as a guideline. The budget is less than 3%; it is
actually at 1.3 %.
Mayor Gamache stated that a lot of salaries have been frozen and the issue becomes one
of retaining our employees. They will be receiving a 1% COLA at the beginning of the
year and then 1 %. in July.
Truth in Taxation Meeting
December 1, 2003 - Minutes
Page 2
Winslow Holasek, 1159 Andover Boulevard - reported the tax rates of other cities and
townships in Anoka County, noting that Andover is in the lower percentile. He stated
that Council has done a good job and that we have a good staff.
Motion by Knight, seconded by Jacobson to close the public hearing. Motion carried
unanimously.
Mr. Dickinson stated that because there is no need for a continuation of the hearing, the
budget will be on the December 16th agenda for adoption.
Motion by Orttel, seconded by Knight to forward this item to the December 16, 2003
meeting. Motion carried unanimously.
Motion by Jacobson, seconded by Knight to adjourn. Motion carried.
Meeting adjourned at 8:01 p.m.
Respectfully submitted,
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Vicki V olk
City Clerk