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Res 1999-80 RESOLUTION NO. 80-1999 A RESOLUTION RELATING TO THE CITY OF FRIDLEY'S TAX RATE AUTHORIZING FOR THE YEAR 2000 WHEREAS,the State of Minnesota has enacted Chapter 243,Laws of Minnesota 1999, Article 6, Section 2 requiring a city council to have adopted and filed an authorizing resolution if its city's tax rate turns out to be higher the following year than a theoretical tax rate for the previous year under the law; and WHEREAS,the City of Fridley prides itself on beginning its budget process as early as possible in the calendar year in order to maximize input by all concerned parties and allow full review of all expenditure items; and WHEREAS,there are numerous factors that are beyond the control of city councils and that can potentially cause tax rates to rise,including but not limited to: A. Class rate changes by the state on various types of property, B. The economy and its effect on the tax base,including real estate and new construction growth or lack thereof, C. Tax Increment Financing(TIF)districts created by cities, D. Limitations on what percentage the market value of property can rise each year as set by the state, and E. Unfunded mandates upon local governments and reductions of federal and state aid; and WHEREAS,because of these outside factors beyond control, a city may need to have a higher tax rate for the following year, and if the tax rate has to go up,the City of Fridley wishes to be in compliance with the law with an authorizing resolution adopted and filed; and WHEREAS,regardless of external factors influencing the tax rate through the years,the City of Fridley has a strong tradition and a record of success in holding down property taxes on the citizens of the city; and WHEREAS,the City of Fridley's property tax levy has been set each year well within the levy limitations imposed by the State of Minnesota; and, WHEREAS, even during those years when the state has not enacted levy limitations,the City of Fridley has had its own self-imposed levy limitations to protect the interests of the city's property taxpayers. Resolution No. 80-1999 Page 2 NOW, THEREFORE,BE IT RESOLVED that if the tax rate of the City of Fridley for the year 2000 is higher than the tax rate certified by the county auditor under clause(3)of Section 2, Article 6, Chapter 243,Laws of Minnesota 1999,the higher tax rate is hereby authorized by the Fridley City Council. BE IT FURTHER RESOLVED,that regardless of outside factors impacting tax rates,the Fridley City Council remains firmly committed to the delivery of mandated and other important services at a cost well within established levy limits in order to hold down property taxes of the citizens of the City of Fridley. BE IT FINALLY RESOLVED that an official copy of this adopted resolution be filed with the county auditor who for purposes of this law in Anoka County is the Division Manager of Property Records and Taxation. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 11TH DAY OF OCTOBER 1999. 4,�, A...„...,.._ •��ia. N( ./J. j rrnson,Mayor ATTEST: /G9 J;t _ , 0:-..,Debra A. Skogen,City erk