By Ivan Raconteur
HOWARD LAKE, MN The City of Howard Lake conducted its annual truth in taxation public hearing during Tuesday’s city council meeting.
City Administrator Nick Haggenmiller provided a brief overview of the proposed budget and levy.
The proposed levy reflects an increase of 7.5 percent.
In November, Wright County issued tax capacity, valuation adjustments, and proposed tax statements for pay 2017.
Overall, Haggenmiller noted, Howard Lake will show a total tax capacity increase of nearly $200,000, or 17 percent.
Of this amount, about $85,000, or 7 percent, is from expiring Tax Increment Financing (TIF) districts that will now be treated as general tax dollars. The remaining $115,000, or 10 percent, is from valuation increases and new development in Howard Lake.
The city’s tax rate in 2017 will be 65 percent, down from 71 percent in 2016 and 79 percent in 2011.
Following the hearing, the council adopted the 2017 levy of $830,000.
Odds and ends
In other business, the council:
• discussed research that has been done regarding possible safety improvements along Highway 12, but heard from city engineer Sheila Krohse that the intersections reviewed in Howard Lake would not warrant traffic signals or mini-roundabouts based on MnDOT’s standards.
• conducted a liquor continuation hearing and heard from Myra Laway, liquor store manager, about steps that have been taken to increase profitability of the municipal liquor store.