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MINUTES OF THE <br />ORONO CITY COUNCIL MEETING <br />Monday, December 11, 2006 <br />7:00 o'clock p.m. <br />APPROVAL OF MINUTES <br />*4. REGULAR COUNCIL MEETING OF NOVEMBER 27, 2006 <br />Sansevere moved, Peterson seconded, to approve the minutes of the November 13, 2006 City <br />Council meeting as submitted. VOTE: Ayes 5, Nays 0. <br />5. TRUTH IN TAXATION HEARING OF DECEMBER 4, 2006 <br />White requested the minutes be amended to read that the Council agreed that with stable property values, <br />the City would continue to be conservative in its spending. White noted the City of Orono has one of the <br />lowest city tax rates. <br />White moved, Murphy seconded, to approve the minutes of the Truth in Taxation Hearing of <br />December 4, 2006, as amended. VOTE: Ayes 5, Nays 0. <br />PUBLIC HEARING — 7:00 P.M. <br />6. 2007 LEVY ADOPTION HEARING — ADOPTION OF 2007 BUDGET AND TAX LEVY <br />Mayor Peterson opened the public hearing at 7:20 p.m. <br />Moorse noted the City held its Truth -in- Taxation hearing on December 4'h to provide an opportunity for • <br />the pubic to comment and ask questions regarding the proposed 2007 budget and tax levy. One person <br />was in attendance at the hearing. <br />At this time the Council is requested to approve the final tax levy, the 2007 budget, and the 2007 special <br />revenue funds budgets. <br />There were no public comments relating to this item. <br />Mayor Peterson closed the public hearing at 7:22 p.m. <br />a. ADOPT FINAL 2006 LEVY COLLECTIBLE IN 2007 — RESOLUTION NO. 5547 <br />Peterson moved, Sansevere seconded to adopt RESOLUTION NO. 5547, a Resolution Adopting the <br />Final 2007 Tax Levy Collectible in 2008. VOTE: Ayes 5, Nays 0. <br />b. ADOPT 2007 GENERAL FUND BUDGET — RESOLUTION NO. 5548 <br />Murphy moved, Peterson seconded, to adopt RESOLUTION NO. 5548, a Resolution to Adopt the <br />Final 2007 General Fund Budget. VOTE: Ayes 5, Nays 0. <br />C. ADOPT THE 2007 SPECIAL REVENUE FUNDS BUDGETS — RESOLUTION <br />NO. 5549 <br />McMillan moved, White seconded, to adopt RESOLUTION NO. 5549, a Resolution to Adopt the • <br />2007 Special Revenue Funds Budgets. VOTE: Ayes 5, Nays 0. <br />PAGE 2 of 17 <br />