City Council Minutes 12-07-1994 Special
MINUTES
SPECTar, MEETING - MONTICELLO CITY COUNCIL
Wednesday, December 7, 1994 - 7 p.m.
Members Present: Brad Fyle, Shirley Anderson, Warren Smith, Dan Blonigen
Members Absent: Clint Herbst
2. Public hearin on 1995 ro osed bud et.
Mayor Fyle opened the public hearing.
City Administrator Wolfsteller reported that in addition to the budget
changes made at the workshop session held on September 6, 1994, final
valuations have also been received from the County Assessor that resulted
in revisions to the original tax levy increase. He noted that the general
fund levy is proposed at an increase of an additional $6,655 as a result of an
increase of $7,405 for the additional salary requirements far the Mayor and
Council department and a reduction of $750 from the community
education/summer recreation budget. This increase was accomplished by
lowering the capital outlay fund by an equal amount.
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Wolfsteller went on to note that in the capital outlay fund, the expenditures
proposed for the Meadow Oak Park improvements were lowered from the
original $89,000 to $45,000. The $44,000 reduction remains in the capital
outlay fund but was added to the $137,098 reserve for future wastewater
treatment plant expansion far a total of $181,098.
In addition, Wolfsteller reported that the final valuations figures received
from the County Assessor lowered our tax capacity value slightly from
$15,651,553 to $15,586,930, which resulted in the proposed 1995 tax levy
increasing by 4.43% rather than the 4% the Council had originally
anticipated. Wolfsteller noted that if Council wants to keep the tax levy
increase at 4%, the levy would need to be reduced by $11,780, which could
be deducted from the wastewater treatment plant expansion reserve, for a
total tax levy of $2,841,185.
Cauncilmember Blonigen noted that he would like to see the levy increase
remain at 4%, but it was his view that the reserve amount for the
wastewater treatment plant should remain as proposed at $181,098 and the
$11,780 should be deducted from other areas in the budget. Administrator
Wolfsteller suggested that the $11,780 could be deducted from the future
city hall expansion fund.
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Special Council Minutes - 12/7/94
Jerry Clement, 112 East 4th Street, questioned how the property valuations
are calculated, as one of his statements showed a 108.6% increase, and the
other a 10.5% increase. Administrator Wolfsteller explained how the tax
statements are computed and noted that Mr. Clement could contact the City
Assessor for a detailed explanation.
Mayor Fyle then closed the public hearing.
After discussion, it was the consensus of Council to deduct $11,780 from the
city hall expansion fund in order to keep the tax levy at the 4% increase.
The 1995 budget will be considered for adoption at the December 12 Council
meeting.
There being no further discussion, the meeting was adjourned.
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Kar Doty
Qffice Manager
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