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12-08-08 PHITEM 3_3 TRUTH IN TAXATION PUBLIC HEARING 6:00 PM, MONDAY, DECEMBERS, 2008 OTSEGO CITY HALL 1 Mayor Stockamp calls the Public Hearing to order: Mayor Stockamp called to order at 6:17 PM. Roll Call: Mayor Jessica Stockamp; Councilmember's: Vern Heidner, Mark Thorsted, Tom Darkenwald and Dan Scharber. Staff: Judy Hudson, Clerk/Zoning Administrator; Gary Groen, Finance Director; Andy MacArthur, City Attorney and Dan Licht, City Planner. 2 Presentation by Gary Groen, Finance Director. Gary Groen presented the proposed tax levy for Otsego. The preliminary tax levy proposal was $3,720,690. Otsego's actual tax rate has continued to decrease over the past several years. Otsego doesn't receive any State Aid or Federal Aid. CM Thorsted asked to clarify the purpose of this meeting. Gary said this meeting tonight only addresses the 2009 budget and does not address any questions about property valuation. CM Darkenwald, Page 3, asked about GIS and if we have paid any money this year. Gary said a small amount has been paid. CM Darkenwald asked about the $500 for elections. Judy Hudson said it is for the ongoing maintenance agreement. CM Darkenwald asked about no more debt service payments. Gary said this is for the 1999 overlay, 2009 will be last payment year and we paid it out of capital improvement fund this year. CM Darkenwald asked about pavement management. Gary said as staff has looked at pavement management, we need to build some money for 2011 when the amount will increase. 3 Mayor Stockamp will open the Public Hearing for comments. Mayor opened the Public Hearing for comments at 6:30 PM. No public comments. 4 Mayor Stockamp will close the Public Hearin. Mayor Stockamp closed the Public Hearing at 6:31 PM. Truth in Taxation Public Hearing December 8, 2008. Page 2. 5. Adjourn. CM Heidner motioned to close the 2008 Truth in Taxation Hearing at 6:32 PM. Seconded by CM Darkenwald. All in favor. Motion carried. Mayor Jessica Stockamp ATTEST: Judy Hudson, City Clerk/Zoning Admin. Written by: Tami Loff, Deputy Clerk