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<br /> <br /> STAFF REPORT <br /> <br /> <br /> <br />TO: Mayor Keis and Members of City Council <br /> <br />FROM: Chris Heineman, City Administrator <br />Brenda Malinowski, Finance Director <br /> <br />DATE: September 08, 2021 City Council Workshop <br /> <br />RE: Discussion on 2022 Levy and Other Funds <br /> <br />DISCUSSION: <br />The purpose of this workshop discussion is to review the 2022 Property Tax Levy and review <br />other funds. <br /> <br />OPERATING LEVY: <br />During the workshop on August 25th, the 2022 General Fund Operating Budget and 2022 Property <br />Tax Levy were reviewed. Based on discussion at the workshop, staff has identified possible <br />changes to the General Fund Budget that will lower the 2022 Property Tax Levy. These proposed <br />changes will bring the levy from a 6.19% increase to a 4.62% increase. <br /> <br />Taxes Levied from 08-25-2021 Workshop <br /> Certified 2021 Recommended <br />Payable 2022 <br />2021 to 2022 <br />% Change <br />General Fund $3,300,130 $3,521,880 6.72% <br />Fire Equipment Fund 160,000 160,000 0.00% <br />Infrastructure Fund 122,200 122,200 0.00% <br /> Gross Levy 3,582,330 3,804,080 6.19% <br /> <br /> Amount <br />Proposed Gross Property Tax Levy as of 8-25-2021 $3,804,080 <br /> Move Strategic Plan to General Capital Improvements Fund (400) (7,000) <br /> Fund Compensation Study in 2021 with Council Contingency (10,000) <br /> Increase Falcon Heights inspection revenue to max reimbursement <br />amount per contract <br />(9,530) <br /> Increase Building Permit revenue (36,300) <br /> Decrease engineering services to amounts spent (2,000) <br /> Add $5,000 to Council Contingency for possible salary adjustments <br />identified in Compensation Study <br />5,000 <br /> Miscellaneous changes to insurance and software maintenance <br />contracts <br />4,970 <br />Proposed Gross Property Tax Levy after changes $3,747,810 <br /> <br />