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'ity of <br /> <br />River <br /> <br />Item # 6.7. <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Mayor & City Council <br /> <br />Pat Klaers, City Admini ~st~~__,~ <br />December 14, 1998 <br /> <br />1999 Budget and Levy <br /> <br />The Truth in Taxation public hearing on the 1999 budget and levy was held <br />on December 7, 1998. The budget and tax levy is scheduled to be considered <br />by the City Council next Monday, December 21, 1998. The purpose of this <br />agenda item is to receive feedback from the City Council on budget or tax <br />levy changes they may desire. In this manner, a final resolution on the tax <br />levy can be available for consideration on December 21. At this point the tax <br />levy resolution that is scheduled to be presented to the City Council is the <br />one adopted in September. If the City Council waits until December 21 to <br />request changes in the tax levy, then a special City Council meeting may be <br />required in order to give staff time to prepare the tax levy resolution. <br /> <br />Attached for your information is some background material which you have <br />previously reviewed on the budget and tax levy. Staff will be in attendance <br />on 12/14 to receive Council feedback in order to be adequately prepared for <br />the December 21 meeting. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />