HomeMy WebLinkAbout12-06-1999 Truth in Taxation MinutesMINUTES OF THE TRUTH IN TAXATION HEARING
HELD AT 7:00 P.M. ON MONDAY, DECEMBER 6, 1999
IN THE ORONO COUNCIL CHAMBERS
Members present: Mayor Jabbour and Council Members Flint, Kelley, and Peterson
Members absent: Council Member Sansevere
Staff present: City Administrator Ron Moorse and Finance Director Tom Kuehn
The meeting was called to order at 7:00 p.m. by Mayor Jabbour. Mayor Jabbour indicated the
purpose of the Truth In Taxation hearing was to provide an opportunity for citizens to obtain
information about the proposed 2000 Budget and Tax Levy. Mayor Jabbour opened the hearing for
public comments. As there were no citizens present at the hearing, there were no public comments.
Mayor Jabbour closed the hearing at 7:01 p.m.
The Council was provided information summarizing the proposed 2000 Budget and Tax Levy. The
proposed property tax levy for 2000 is $2,363,500. This is an increase of $71,680 or 3.13% over the
1999 levy.
Kelley asked if staff had year -to -date expenditure and revenue information for 1999. Kuehn
indicated he is estimating General Fund revenues to be approximately $120,000 over the budgeted
amount. Kuehn indicated the year -to -date expenditures have not been determined at this time.
• Kelley indicated it is important that staff develop some method for more closely monitoring year -to-
date expenditures and revenues.
Mayor Jabbour indicated that if the consolidation of the Cities of Orono and Long Lake moves
forward, there is significant funding available from the State for costs related to implementing the
merger.
Mayor Jabbour announced that the levy adoption hearing will be held at 7:00 p.m. on Monday,
December 13, 1999.
The meeting was adjourned at 7:10 p.m.
ATTEST:
Linda S. Vee, City Clerk
• Page 1 of 1