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08-29-07 Council Special August 29, 2007 A special meeting of the Scandia City Council was held on the above date. Mayor Dennis Seefeldt called the meeting to order at 3:35 p.m. The following councilmembers were present: Michael Harnetty, Dolores Peterson, Peter Crum, Donnette Yehle and Mayor Dennis Seefeldt. Staff present: Administrator Anne Hurlburt, Treasurer Colleen Firkus and City Attorney Dave Hebert. REVIEW OF DRAFT 2008 OPERATING BUDGET AND DRAFT 2008-2012 CAPITAL IMPROVEMENT PROGRAM (CIP) Information requested at the August 14 meeting concerning recent capital projects and comparison of tax rates among Washington County and Metro Area communities was reviewed. Staff presented information showing projected year-end fund balances for 2007. They reviewed the new information available from the county that indicates there was 6 percent growth in taxable property value in Scandia from 2007 to 2008. The projected tax rate and impact on homes of various values were reviewed. Staff explained the changes made to the budget since the August 14 meeting. Assumptions about the tax collection rate and fund balances and cash reserves were discussed. The list of potential cuts, and other possible budget reductions, were discussed. Staff was directed to prepare a revised budget proposal for the Council’s review prior to the September 11 special meeting, at which time the preliminary levy will be approved. TRUTH IN TAXATION NOTICE INSERTS The Council discussed whether or not to send an insert in the Truth in Taxation notices to be mailed to property owners, and decided not to mail an insert. The meeting adjourned at 6:05 p.m. Respectfully submitted, Anne Hurlburt City of Scandia Administrator/ Clerk