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` MINUTES OF THE <br /> � ORONO CITY COUNCIL MEETING <br /> Monday,December 9,2013 <br /> 6:30 o'clock p.m. <br /> (PRESENTATION, Continued) <br /> Olson stated that would be a question for the assessor's office but that their goal is to be within 95 and <br /> 105 percent of the value of the home based on the previous year's sales. <br /> McMillan stated as it relates to the graph on the City's tax levy and tax rate, it shows that the tax rate can <br /> increase even if the levy remains the same. McMillan stated the City's tax levy and tax rate are two <br /> important numbers that the City Council is very mindful of when setting the budget for the upcoming <br /> year. <br /> Olson noted the City's tax levy in 2002 was $3.6 million and that it has increased to $4.7 million during <br /> that period of time, which is a good increase, but the City's tax rate was also falling during that period of <br /> time. <br /> Bremer noted there is also a lag in the valuation of the homes and the City's tax rate since the valuations <br /> are based on previous sales and that it can take a year or two before someone's property taxes increase <br /> even if the valuation of the home increases. <br /> Levang moved,Bremer seconded,to adopt the 2014 Budget& Tax Levy. VOTE: Ayes 5,Nays 0. <br /> Levang moved,Bremer seconded,to adopt RESOLUTION NO. 6349,a Resolution Adopting the <br /> 2013 Tax Levy Collectible in 2014. VOTE: Ayes 5,Nays 0. <br /> Levang moved,Bremer seconded, to adopt RESOLUTION NO. 6350,a Resolution to Adopt the <br /> 2014 General Fund Budget. VOTE: Ayes 5,Nays 0. <br /> Levang moved,Bremer seconded,to adopt RESOLUTION NO. 6351,a Resolution to Adopt the <br /> 2014 Special Revenue Fund Budgets. VOTE: Ayes 5, Nays 0. <br /> PUBLIC HEARING—7:00 P.M. <br /> 5. ADOPT THE 2014 FEE SCHEDULE—ORDINANCE NO. 117 AND SUMMARY <br /> ORDINANCE NO. 118 <br /> 4d. ADOPT THE 2014 ENTERPRISE FUNDS BUDGETS—RESOLUTION NO. 6352 <br /> 4e. ADOPT THE 2014 CAPITAL IMPROVEMENT PLAN (CIP) <br /> Gaffron stated before the City Council is the proposed 2014 fee schedule ordinance and summary <br /> reflecting the proposed changes in the City's fees. <br /> McMillan stated the most important changes relate to the City's enterprise funds. McMillan noted the <br /> City Council did discuss the proposed changes to the water, sewer, stormwater, and recycling fees and <br /> that Staff is proposing to increase water fees by 11 percent, sewer by 4 percent, stormwater by 10 percent, <br /> and recycling by 2 percent. <br /> Page 3 of 35 <br />