HomeMy WebLinkAbout12-01-08 Minutes CITY OF OAK PARK HEIGHTS
5:00 P.M., MONDAY, DECEMBER 1, 2008
TRUTH IN TAXATION HEARING MINUTES
I. Call to Order:
The hearing was called to order at 5:00 p.m. by Mayor Beaudet. Present:
Councilmembers Abrahamson, McComber and Swenson. Staff present:
Administrator Johnson and Finance Director Holst. Absent: Councilmember
Doerr.
II. Truth in Taxation Hearing:
Finance Director Holst reviewed the budget process. Holst outlined General Fund
revenue sources and General Fund expenditures. She reported that expenditures
increased 3.6 percent for the 2009 proposed budget, and that the main
contributing factors to the expenditure budget are financing of capital
expenditures, salaries, sanitation, and general inflation.
Tax levy and tax capacity were reviewed. Finance Director Holst stated that 52
percent of home values in Oak Park Heights either stayed the same or decreased.
Councilmember McComber, seconded by Councilmember Swenson, moved to
close the Truth in Taxation Hearing. Carried 4 -0.
• Mayor Beaudet announced that the budget and levy adoption would be certified at
the next City Council Meeting on Tuesday, December 9, 2008 at 7:00 p.m.
III. Adiournment:
Councilmember McComber, seconded by Councilmember Abrahamson, moved
to adjourn at 5:21 p.m. Carried 4 -0.
Respectfully su 'tted A Tau
ntent and F ,
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Je ' er Pinsk
Administrative Secretary /Deputy Clerk Mayor
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