12-05-05 Special CC Minutes Special Meeting
of the
City Council
December 5, 2005
Pursuant to due call and notice thereof, a special meeting of the City Council of the City of
Golden Valley, Hennepin County, Minnesota was held at 7800 Golden Valley Road in said
City on December 5, 2005 at 6:30 p.m.
The following members were present: Freiberg, Grayson, Loomis, Pentel and Shaffer.
Also present were: Thomas Burt, City Manager and Judy Nally, Administrative Assistant.
Public Hearinq
Don Taylor, Finance Director presented the 2006 Recommended Budget. Thomas Burt
answered questions from the Council.
The budget presentation included information regarding the budget schedule, 2006
proposed levy, proposed general fund levy relationship to general fund revenue; proposed
budget estimate on sample home in city; proposed levy impact on city tax; analysis of %
changes in total tax bills; proposed budget for the general fund; proposed property tax
breakdown for school district 281 and school district 270.
The Mayor opened the meeting for public input and persons present to do so were
afforded the opportunity to express their view thereon.
Tom Lockhart, 909 Parkview Terrace, wanted to know how much the taxes will go up next
year; asked if the commercial development along I-394 is generating taxes and how does
the taxes generated from I-394 affect residential property taxes.
The Mayor closed the public hearing.
The Council discussed and decided a reconvened public hearing was not necessary. The
Council will formally adopt the 2006 budget at the December 20, 2005 Council Meeting at
7:00 p.m.
Adjournment
The Mayor adjourned the meeting at 7:25 p.m.
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Linda R. Loomis, Mayor
ATTEST:
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J d Nally, Administrati Assistant