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SPECIAL TRUTH IN TAXATION EDIHlL COUI?CIL 23EETING
NOVEMBER 29, 1990
ROLLCALL Answering rollcall were Members Paulus, Smith and Mayor Richards.
Member Kelly entered the meeting at 5:05 p.m. and Member Rice arrived at 5:17 p.m.
Mayor Richards stated that this wps a reconvened meeting of the Truth in Taxation
hearing for public comment on the proposed property tax increase in the 1991
Budget for the City of Edina. The proposed 1991 Budget will not be formally
adopted until the hearing process is completed and further testimony will be heard
at the regular Council Meetings of December 3 and 17. ,
Mayor Richards explained that the budget process was started earlier this year
with the Council establishing guidelines for budget assumptions.
departments then estimated expenditures and revenues for 1991 and the Council
accepted a tentative Budget for 1991 totaling $13,577,622. Approximately 77% of
the proposed budget is raised by real estate taxes, with the balance coming from
license, fees, permits, etc. Estimated expenditures for 1991 for delivery of
services reflect an increase over 1989 of 4.2%, which would result in a 3.9%
increase in real estate taxes.
The City's
Mayor Richards then called for public comment.
testimony in objection to the proposed increase in real estate taxes: Clayton
Rudd, 5429 Park Place; Vince Nerste, 6108 Fox Meadow Lane; Dorothy Locktu, 5238
Hollywood Road; Harold Karr, 6409 Colony Way; Ted Kane, 6101 Tracy Avenue; Violet
Sather, West 49 1/2 Street commercial property.
Hearing no further comments, Mayor Richards reiterated that further public comment
would be heard at the regular Council Meetings of December 3 and 17 and that
formal adoption of the 1991 Budget would take place following closing of the
Truth in Taxation Hearing.
The following residents gave
Mayor Richards then declared the hearing adjourned to December 3, 1990, at 7 p.m.
City Clerk