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City Council Minutes 12-11-2017 SpecialMINUTES SPECIAL MEETING — MONTICELLO CITY COUNCIL Monday, December 11, 2017 — 4:30 p.m. Academy Room City Hall - Monticello Community Center Present: Brian Stumpf, Jim Davidson, Bill Fair, Charlotte Gabler, Lloyd Hilgart Absent: None Others: City staff. Jeff O'Neill, Wayne Oberg, Shibani Bisson, Rachel Leonard, Tom Pawelk, Tom Moores, Sarah Rathlisberger, Mike Mossey, Ann Mosack, John Rued, Rachel Leonard, and Matt Thiesen Others present: Joel Jamnik, Clay Sawatzke — Monticello Times 1. Call to Order Mayor Brian Stumpf called the special meeting to order at 4:30 p.m. 2. 4:30 p.m. City Administrator Evaluation — CLOSED MEETING 3. 5:45 p.m. Budget Review Wayne Oberg, Finance Director, gave a brief overview of the 2018 Property Tax Levy and Budget. He reviewed the history of the tax capacity rate and the tax levy. The proposed total city levy change is $397,000, an increase of 4.3%, and the proposed HRA levy change is $43,000, a 15% increase. Also presented was the change in tax base. Specifically discussed was the Xcel nuclear power plant - its market value increases and the portion of the city levy that is absorbed by Xcel. This city is looking at ways to shift the tax levy burden to taxpayers gradually to prepare for a time where the power plant is absent. Minimal discussion occurred. The budget is on the regular agenda for approval. 4. Adjournment By consensus the meeting was adjourned at 6:15 p.m. Recorder: Jennifer Schreiber 0A Approved: Attest: y ninistrator City Council Special Meeting Minutes — December 11, 2017