HomeMy WebLinkAbout1977 07-27 Maplewood discusses tax hike options THE REVIEW Maplewood discusses
tax hike options
by Anne Skinner levied in 1978 for the year 1979.The option,
as set out in M.S.275.52,Subd.5,is good
A recent change in Minnesota law only for 1977 and 1978. 1NS
provides a"one-time permanent increase The proposed action would require a
in a city's levy limit base up to 10 percent public hearing,after which the city has
if the previous year's tax levy was at least the option of adopting a resolution
98 percent of its levy limit,"according the authorizing the levy or taking no action at
Maplewood Finance Director Dan Faust. all. If the resolution is passed and a
The option would pertain to the City of petition signed by five percent of the
Maplewood,if it budgets as expected in registered voters in the last general
the year 1978.Faust told the council in a election is not presented in request of a
memo the city expects to levy 100 percent referendum, the resolution will go into
of its levy limit next year.Ten percent effect.
added to that would give Maplewood The final line of the subdivision reads,
about 5275,000 in a base adjustment. "There shall be no reduction in
The city assisted 87 percent of its levy distributions of formula aids to the
limit in 1977,disqualifying it of the option governmental subdivision as a result of
for the current year. the additional levy."The community will
Councilman Don Wiegert had requested not be penalized state or federal aid as a
the information saying "We ought to result of a broadened levy base.
consider going through the process of The net result is that taxes would in-
getting it,so we have the option of ex- The net result is that taxes would in-
ceeding the levy limit.We can't get it in crease in Maplewood if the city exercised
'77,we would check it out for'78." the option.Wiegert pointed out it would be
If the council were to avail the city of a good thing to have"if we needed it."
such an option,the tax payer would feel The council is expected to discuss the
the increase in 1979,as the taxes would be matter further in subsequent meetings.