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MINUTES <br /> OF THE SPECIAL MEETING OF THE <br /> EDINA CITY COUNCIL HELD AT CITY HALL <br /> ON DECEMBER 4, 2006 AT 5:00 P.M. <br /> ROLLCALL Answering rollcall were Members Housh, Hulbert, Masica, Swenson and <br /> Mayor Hovland. <br /> TRUTH IN TAXATION PUBLIC HEARING HELD FOR PROPOSED 2006 CITY <br /> BUDGET Pursuant to published notice given, the Edina City Council conducted a <br /> public hearing on the proposed property tax increase in the 2007 Budget for the City of <br /> Edina, as mandated by Chapter 375, Laws of Minnesota 1993. <br /> Mayor Hovland stated the purpose of the Truth in Taxation hearing would focus on the <br /> proposed 2007 City of Edina Budget. The budget review would relate to the monies' <br /> source and how they would be expended on the various functions and services of the <br /> City. Residents with questions relating to the valuation placed on their homes should <br /> plan to appear at the Board of Review in April of 2008. Mayor Hovland noted that due <br /> to an error in the publication of the City's Truth In Taxation Notice in the Edina Sun <br /> Current, the hearing would be continued until December 5, 2006, regular Council <br /> meeting in case any citizens were confused by the notice. <br /> Manager Hughes introduced a short video entitled 14 Reasons Property Taxes Go Up or <br /> Down produced by the League of MN Cities, the Association of MN Counties, and the <br /> MN School Boards Association. Mr. Hughes said filming and technical work on the <br /> video was done by Tremendous Entertainment 2006. <br /> Following the video Mr. Hughes noted this was the second step in the budget adoption <br /> process. The Council, in September, adopted a maximum levy and later in December <br /> will adopt the actual budget and levy. Mr. Hughes reviewed the 2007 proposed <br /> expenditures of $28,888,666. He explained this would be an increase of $1,847,577 or <br /> approximately 6.83%. Mr. Hughes noted that $300,000 of the increase represented one- <br /> time costs associated with updating the City's Comprehensive Plan as mandated by <br /> Minnesota Statute. Mr. Hughes said the City's tax revenues must increase $704,398 or <br /> 3.48% from 2006 to support the proposed expenditures. <br /> Public Comment <br /> Lavern Tolzmann, 6419 Stauder Circle, stated he had been a resident since 1993 and was <br /> shocked at the increase in value of his home since it had risen 11.8%. Mr. Hughes <br /> explained values could not be adjusted at this time. He suggested that when Mr. <br /> Tolzmann received his value notice in 2007 he plan on attending the Board of Review <br /> and Equalization meeting to have his value issue addressed. <br /> Robert Burley, 4400 Valley View Road, stated that his non-residential business property <br /> had increased monumentally. He added he had severe health issues during the <br /> preceding year and the increase was very challenging. Mr. Burley was also advised to <br /> attend the 2007 Board of Review and Equalization meeting in the spring. <br /> Page 1 <br />