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HomeMy WebLinkAbout8A Proposed 2012 City Budgets and Property Tax Levieshi �e U Fri 4646 Dakota Street SE Prior Lake, NN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: DECEMBER 5, 2011 AGENDA #: 8A PREPARED BY: FRANK BOYLES, CITY MANAGER JERILYN ERICKSON, FINANCE DIRECTOR PRESENTER: FRANK BOYLES AGENDA ITEM: PUBLIC HEARING FOR PROPOSED 2012 CITY BUDGETS AND PROPERTY TAX LEVIES DISCUSSION: Introduction The 2009 Legislature made some significant changes to the Truth in Taxation (TNT) process for 2010 and beyond. At the September 6, 2011 meeting during which the City Council considered a proposed 2012 budget and tax levy, the Council was required to announce the time and place of the council meeting at which the 2012 budget and levy would be discussed and which would allow for citizen input. It was announced and included in the meeting minutes that a public hearing on the proposed 2012 budget would take place on Monday, December 5, 2011 at 7:00 pm. The requirement for publishing a TNT notice in the Prior Lake American was repealed. In lieu of publication, the announcement of the time and place of the public hearing was required. In addition property owners received parcel specific Truth in Taxation notices which included the date and time of hearing for each taxing jurisdiction including the city. Current Circumstances The purpose for the public hearing tonight is to provide information to the public regarding the City's proposed 2012 operating budgets and the amount of property taxes that the City proposes to collect in 2012. Also, it is an opportunity for residents to ask questions or comment on the budget and those services that are important to them. The public must be given a reasonable amount of time to comment and /or ask questions. Robert's Rules of Order may be used to govern the conduct of the meeting. Staff will provide a brief presentation with respect to the proposed 2012 budgets for the General Fund, Debt Service Funds, Equipment Revolving Fund, Water Fund, Sewer Fund, Water Quality Fund, Transit Fund and the Economic Development Authority. The City Council will have an opportunity to ask questions, after which the Truth -in- Taxation hearing should be opened. Any written comments submitted prior to the hearing are to be entered into the official record. C,1Documents and Settingslcgreeffly Documents\SharePoint Drafts\TNT Public Hearing - Agenda Report - 2011.12.05.doc If all those wishing to do so have had the opportunity to speak then the City Council should close the hearing recognizing that final action on these matters are presently scheduled for December 19, 2011. If all public comments and concerns cannot be addressed tonight, the public hearing could be continued until 7:00 p.m. Monday, December 19, 2011. The final budgets and property tax levy would then be considered for approval by the City Council on that evening following completion of comments or before December 27, 2011 as part of a special meeting the city council could schedule. By Minnesota Statute the final property tax levy amount must be certified to the Scott County Auditor's Office no later than 5 working days after December 20 (December 28, 2011). ISSUES: This hearing is the primary opportunity for the public to comment or ask questions about the proposed 2012 budgets and tax levies. Accordingly, the PowerPoint presentation has been distributed to those in attendance and is intended to provide a high level view of the various budgets. The staff has also considerably shortened the budget message in an effort to clear the stage as it were for the public to speak rather than listen to staff comments for as much as an hour. It is suggested that the city council solicit and record resident questions during the public portion of the meeting. Once everyone wishing to speak has had a chance to, then the staff can respond to the questions and council members can ask additional questions or append onto responses already made. This format will provide council members and staff to have a reasonable and informative discussion which should enhance the public's understanding of the budgets and tax levies. ALTERNATIVES: The following alternatives are available to the City Council: 1. If all questions have been answered, close the public hearing and direct the Staff to place this item on the December 19, 2011 City Council agenda for final action. 2. Continue the public hearing until December 19, 2011 at 7:00 p.m. if there are questions that cannot be answered on December 5. RECOMMENDED Motion to either close the public hearing or continue the hearing to 7:00 MOTION: P.M., Monday December 19, 2011. If the hearing is adjourned then the date, time and place for the levy and budget adoption meeting (Monday 7:00 p.m. December 19, 2011) must be announced. 2