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ARDEN HELLS CITY COUNCIL—SEPTEMBER 13, 2021 3 MOTION: Councilmember Holden moved and Councilmember Holmes seconded a motion to approve the Consent Calendar as presented and to authorize execution of all necessary documents contained therein. A roll call vote was taken. The motion carried (5-0). 7. PULLED CONSENT ITEMS None. 8. PUBLIC HEARINGS None. 9. NEW BUSINESS A. Set Preliminary Levy and Establish Truth-In-Taxation Public Hearing Date for Proposed Taxes Payable in 2022 • Resolution 2021-049—Preliminary Levy • Resolution 2021-050 — Preliminary Levy — Karth Lake Special Taxing District • Resolution 2021-051 —Truth-In-Taxation Public Hearing Date Finance Director Bauman explained State law requires that cities certify their proposed property tax levies to the County Auditor by September 30th. The proposed tax levy that is given preliminary approval may be lowered but cannot be increased. Therefore, it is important that the proposed tax levy provides adequate revenues to finance the 2022 Budget. The City Council needs to decide the maximum levy that it is willing to approve and then adopt the proposed resolution. It was noted the final levy will be set in December 2021. A budget workshop was held with the Council on August 16, 2021. Staff was directed to provide proposed maximum levy increase options from 3% to 5%. There will be another budget workshop in either October or November, prior to the final levy and budget adoption meeting in December. Staff commented further on the 2022 preliminary levy, noting the projected revenues and expenditures, and recommended approval. Mayor Grant questioned when the Truth-In-Taxation Hearing would be held. Finance Director Bauman stated this meeting would be held on December 13, 2021. Councilmember Holden asked why street maintenance, sealcoating and resurfacing was decreased within the budget. Finance Director Bauman explained in 2021 the City spent under $200,000 for street maintenance and the Public Works Director expects to do the similar amount of work in 2022. Councilmember Holden indicated street maintenance was important to her and came at a great value for the City when compared to full street reconstruction projects.