Laserfiche WebLink
<br /> ARDEN HILLS CITY COUNCIL - NOVEMBER 24, 1997 2 <br /> . Mayor Probst noted he could give a brief summary explaining the Truth in Taxation process and <br /> point out what questions the Council would address. Councilmember Hicks noted a background <br /> would be nice and most likely would not take too long. <br /> Mr. Post continued his review of the draft agenda and noted the next section would be the <br /> presentation given by himself. This portion is divided into three sections: Making Sense of <br /> Property Taxes, Cost of City Services in Perspective, and Discussion of Proposed 1998 Budget. <br /> Mr. Post noted the first section would begin with the perspective of property tax and how it is <br /> determined, referring to his first slide. He explained he wished to make the point with this slide <br /> that City property tax is derived from not only the City but also the county assessor and State <br /> Legislature. It is a combination of these three factors which establishes the tax, not just the City <br /> Council. <br /> Mr. Post reviewed the next slide which continued with the theme of determining how the tax is <br /> calculated. By following the boxes through the slide, the resident has an idea of how the tax is <br /> determined. <br /> Council member Aplikowski stated she believed this slide would be very beneficial for the <br /> citizens. She inquired if this hearing would be on cable for those residents unable to attend. Mr. <br /> Post indicated he believed the hearing would be a tape delay broadcast on cable. <br /> . Mr. Post continued noting the slides given to the Council at the bench. He stated he would prefer <br /> to use the slide labeled Comparison of Market Value Changes, because one of the most dramatic <br /> items he observed in the information from the County was valuations for payable 1998 for Arden <br /> Hill s. This reflected that 66% of the properties in Arden Hills will have increases in market <br /> valuation between 5% and 10% by the county assessor and this will be a significant issue for the <br /> residents. <br /> Mayor Probst inquired for clarification, whether the information on the schedule is the assessor's <br /> review of residential property and does not reflect the trend of commercial to residential shift tbat <br /> will be going on. Mr. Post agreed. Mayor Probst noted it would be beneficial to point this out <br /> during the hearing. <br /> Mr. Post noted Slide 4 outlines a pie chart identifying the portion of the tax dollar and the percent <br /> (15%) that actually is the City of Arden Hills with 85% going to other taxing jurisdictions. <br /> Mr. Post noted he has removed what was previously identified as Slide 5, due to the fact that a <br /> significant share of governmental revenues for Arden Hills is from the tax levy. Mr. Post also <br /> noted that the City receives very little government aid assistance from the State. <br /> Mr. Post noted Slide 6 points out the comparison of 16 other metro cities of similar populations <br /> Witll that of Arden Hills. Mr. Post pointed out this comparison and the percentage of total <br /> . revenue received from State Aid and property tax to other similar cities. Arden Hill's <br /> expenditures are 20% less than the average of its peers. <br />