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<br />" <br /> <br />, <br />I <br /> <br />lVlinn, Stat. 8 <br />275.07, subd. 1 <br /> <br />Minn. Stat. 8 <br />275.62 <br /> <br />opportunity to listen to the comments and attempt to incorporate them where <br />feasible into their final levy and budget decisions. <br /> <br />The subsequent hearing, at which the city will officially adopt the final levy and <br />budget, must be held separately from the initial hearing. It is not necessary to <br />schedule this date through the county auditor, but the date must be announced <br />at the conclusion of the initial hearing (or the continuation hearing if one was <br />required). This hearing must be held at least one day after the initial hearing or, <br />if a continuation hearing is held, either immediately after the continuation <br />hearing or on a date following the continuation hearing. A subsequent hearing <br />may be held at a regularly scheduled council meeting or a special council <br />meeting, but must be completed by Dec. 27, 2001. <br /> <br />To officially adopt the final levy and budget, the city council must pass a <br />resolution at a time that is specifically convened for the purpose of the official <br />adoption TNT hearing (subsequent hearing). Again, time should be allowed for <br />public comment and questions. Failure to follow these steps may result in the <br />city being out of compliance with the TNT laws. <br /> <br />Cities that do not hold TNT hearings this fall should pass a resolution adopting <br />the final levy and budget at a regular or special council meeting before Dec. 27, <br />2001. <br /> <br />H. Certification of officially adopted levy to the <br />county auditor <br /> <br />After official adoption of the final levy and budget, cities must certify their final <br />property tax levies to their county auditors by Dec. 28 (five working days after <br />Dec. 20). As previously discussed, while this amount of the proposed levy, only <br />under a limited set of circumstances may the final levy be higher than the <br />proposed levy. <br /> <br />I. Compliance requirements and enforcement <br /> <br />State law authorizes the Dept. of Revenue to document compliance with the <br />TNT requirements. Because most of the requirements are waived for this year, <br />the department will not document compliance this year. The Form TNT -2002 <br />sent to cities in June may be discarded. <br /> <br />J. Shared costs to administer the TNT process <br />mandate <br /> <br />All costs incurred in the TNT process must be paid by the participating local <br />governments. State funding was provided only during the first full year of the <br />TNT program in 1989--a $1.84 million general fund appropriation. <br /> <br />Guidelines for Preparing City Budgets 2002 <br /> <br />25 <br />