My WebLink
|
Help
|
About
|
Sign Out
Home
Agenda - Council - 07/14/2020
Ramsey
>
Public
>
Agendas
>
Council
>
2020
>
Agenda - Council - 07/14/2020
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/17/2025 1:51:28 PM
Creation date
7/20/2020 9:42:34 AM
Metadata
Fields
Template:
Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/14/2020
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
321
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Gas: <br />Commercial/Industrial A (Up to 1,500 Therms) $ 10 <br />Commercial/Industrial B (1,500-4,999 Therms) $ 20 <br />Commercial/Industrial C (5,000 + Therms) $ 70 <br />Small Volume, Dual Fuel A ("SVDF A") $148 <br />Small Volume, Dual Fuel B ("SVDF B") $148 <br />Institutional $148 <br />Large Volume, Dual Fuel ("LVDF") $800 <br />Road Construction <br />Question: Does the $500,000 annual maintenance include construction and maintenance? <br />Answer: In 2020, $200,000 includes maintenance. Crack sealing and the other $300,000 is to going <br />towards the Pavement Management Program. <br />Question: How does this affect dirt roads? <br />Answer: It typically doesn't have any effect on gravel roads. A typical policy is that you only pay once <br />and then the city takes it over from the maintenance side. <br />Question: The county disbanded the wheelage tax. Does the City have that option? <br />Answer: No, only counties have that option. <br />Question: What's the most popular funding option among cities? <br />Answer: Assessments are the most popular. But even Edina, for instance, is running into the same <br />problem we are and they're looking at options. <br />Question: Tax or fee is the same thing — you're going to assess it on a bill. But with property taxes, you <br />can write it off? Is it true that a person can't write off a franchise fee, whereas raising property taxes <br />would allow people to write it off? <br />Answer: Yes, it is true that franchise fees are not tax deductible. It's important to note that recent <br />increases in the standard deduction make it less likely that a property owner will use property taxes as <br />an itemized tax deduction. Special assessments, which provide specific benefits that increase the value <br />of the property (which includes road improvements), may not be deducted. The interest portion of an <br />assessment could be deducted if broken out separately on the tax bill, which is normally not itemized via <br />principal and interest. <br />Franchise Fee Logistics <br />Question: Are the 100 percent tax levy and franchise fee are the same and it just depends on how you <br />pay it? <br />Answer: Yes and no. A commercial property pays a larger share of a tax levy than a residential property. <br />The franchise fees are a little more even. Someone in an apartment would pay the same as someone in <br />a house. Exempt properties also don't pay tax levy, but they would pay the franchise fee. <br />
The URL can be used to link to this page
Your browser does not support the video tag.