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<br /> lw ~~ ~~ . i <br /> ARDEN HILLS CITY COUNCIL WORKSESSION - NOVEMBER 19. 1996 2 .- <br /> City Administrator Fritsinger advised the Council that the Steering Committee had I <br /> seriously looked into the need for a formalized structure in order to obtain grants, and had I <br /> determined that there were issues that could be dealt with by the Coalition more <br /> effectively than by an individual city. Several items identified by Mr. Fritsinger included <br /> Geographic Information Systems, business retention activities and transportation issues. I <br /> The consensus of the Council was to pursue the Coalition, with proposed action at the <br /> November 25, 1996 Council meeting. I <br /> b. Truth-In-Taxation Preview ofPrcsentation Materials <br /> City Accountant, Terry Post, presented a summary of the proposed Truth-In-Taxation I <br /> materials and a DRAFT Agenda for the December 5, 1996 Public Hearing scheduled at <br /> the Army Reserve Center at 7:30 p.m. I <br /> Those items presented included Resolution No. 96-50; Resolution No. 96-51; Tax <br /> Computation Example; Components of Total Local Tax Rate; Homesteaded Property I <br /> with $120K EMV; Median Market Value of Homes in Ramsey County by City; Market <br /> Valuation, Tax Capacity and Levy Data; State LGA and HACA Aid Relative to Net Levy .. <br /> Amount; a breakdown of 1997 General Fund Revenues and Expenditures; Analysis of <br /> Proposed General Fund Expenditures; Summary Comparison of General Fund Revenues, <br /> Expenditures and Operating Transfers; Proposed 1997 All Fund Expend/Transfers; and I <br /> Summary Comparison of All Funds, Expenditures and Transfers Out. <br /> Mr. Post provided two bench handouts, which reflect more current information from the I <br /> time preliminary budget materials had been prepared, including an increase in 1996 and <br /> 1997 State Fire Aid, as well as revised net 1997 PMP project costs in the PIR Fund which <br /> reflects the City Engineer's recent Feasibility Report. I <br /> Councilmembers I-licks and Malone each expressed concern regarding the confusion with <br /> the Net Tax Capacity being shown as a percentage and how it could be more I <br /> appropriately shown for understanding. <br /> Mayor Probst and Councilmembers provided several suggestions to clarify the I <br /> presentation materials and their order, and concurred on the information prepared for <br /> public presentation by Mr. Post. Mr. Post advised the Council that Public Hearing I <br /> advertisements would be placed in the Focus and Bulletin prior to hearings. <br /> I <br /> .. <br /> I <br />