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TRUTH IN TAXATION <br /> PROCESS <br /> The Truth in Taxation Process requires cities to hold the following <br /> meetings prior to levy/budget adoption. <br /> 1. Initial Hearing - First and primary public hearing to discuss <br /> and seek public comment on the city's proposed budget and <br /> proposed property tax levy. <br /> 2. Continuation Hearing — To complete the initial hearing, if the <br /> hearing is not completed on the scheduled date. (May not be <br /> necessary.) <br /> 3. Subsequent Hearing — Adoption of the City's final property <br /> tax levy and the final budget. <br /> My recommendation for these meeting dates are as follows: <br /> • December 4 — Initial Hearing (6:00 p.m.) Regular Council <br /> Meeting to follow <br /> • December I 1 — Continuation Hearing <br /> • December 21 — Subsequent Hearing <br />