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ARDEN HILLS CITY COUNCIL – DECEMBER 11, 2017 4 <br /> <br />6. PULLED CONSENT ITEMS <br /> <br />None. <br /> <br />7. PUBLIC HEARINGS <br /> <br />A. TCAAP Development Discussion Opportunity for Residents <br /> <br />Mayor Grant stated under the Public Hearing section, citizens would have an opportunity to <br />discuss ideas regarding the TCAAP development. <br /> <br />Mayor Grant opened the public hearing at 7:14 p.m. <br /> <br />With no one coming forward to speak, Mayor Grant closed the public hearing at 7:15 p.m. <br /> <br />Mayor Grant requested staff remove this item from the agenda as a standing item. <br /> <br />B. Truth-In-Taxation Hearing <br /> <br />Interim Director of Finance and Administrative Services Perrault requested the Council hold <br />a Truth-In-Taxation Hearing. He reviewed the City’s proposed tax levy and explained why tax <br />bills change on a yearly basis. He encouraged residents to contact the County assessor with any <br />property tax disputes they may have in the spring of 2018. He commented on how property taxes <br />were calculated by the City and noted property values in Arden Hills were on the rise. The impact <br />of the proposed 4% tax levy on median value home owners was discussed. He described how the <br />tax dollars captured by the City would be spent. He provided a summary of the 2018 General <br />Fund Budget noting both revenues and expenditures. The proposed increases within the budget <br />were noted. Staff compared the City’s levy to neighboring communities and noted Arden Hills <br />was on the low end. Resources for property tax relief were reviewed for the record. <br /> <br />Councilmember Holden asked if the school districts’ new levy had been included in staff’s <br />presentation. <br /> <br />Interim Director of Finance and Administrative Services Perrault reported he did not have the <br />most recent numbers from the school districts on the recently approved levy. <br /> <br />Councilmember McClung reported the school district had a calculator available on their website <br />that could assist residents with calculating the impact of the new levy on their property taxes. <br /> <br />Mayor Grant opened the Truth-In-Taxation Hearing at 7:29 p.m. <br /> <br />With no one coming forward to speak, Mayor Grant closed the Truth-In-Taxation Hearing at 7:30 <br />p.m. <br /> <br />Mayor Grant stated he supported the tax levy remaining at 4% given the increased expenditures <br />for public safety. <br />