09-08-2021 Workshop Packet - Laserfiche WebLink

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Taxes Levied with Changes Certified 2021 Recommended Payable 2022 2021 to 2022 % Change General Fund $3,300,130 $3,465,610 5.01% Fire Equipment Fund 160,000 160,000 0.00% Infrastructure Fund 122,200 122,200 0.00% Gross Levy 3,582,330 3,747,810 4.62% Per information received from a survey of estimated preliminary tax levy increases of municipalities in Ramsey County, the average increase is 6.16% to 6.76%, or 5.23% to 5.87% when excluding White Bear Township. While the primary purpose of this workshop will be to focus on the Operating Levy, it is also helpful to understand how other funds that will be utilized for proposed improvements over the next few years. These funds are as follows: General Capital Improvements Fund (400): This fund has been funded in the recent past with Local Government Aid (LGA) and periodic transfers from the General Fund. Park improvement projects, public works equipment, small fire equipment, computers, and building improvements are funded from this fund. In addition, Emerald Ash Borer tree removal and replacement is proposed to be funded in this fund. Due to the current LGA funding formula, the City was to receive a reduction of LGA funding of $105,800 for 2022. Fortunately, special legislation was passed to hold LGA at the 2021 levels for 2022. Other funding sources for this fund will need to identified if the LGA funding formula does not change in the near future. In 2022, $203,000 has been included in this fund for some of the items identified in the Facility Assessment that was presented in workshop in August. This Assessment included $658,300 in facility improvements for 2022 and an additional $2,813,377 for years 2023-2031. During the CIP discussion this fall, projects can be moved or removed within the CIP per Council direction. Pioneer Park Improvements have been included in the fund at the amounts presented in the 2021- 2026 CIP that was approved last fall in the amount of $325,000. Additional improvements have been identified in the Pioneer Park Master Plan. These improvements will need to be incorporated in the CIP discussion this fall. Infrastructure Capital Improvements Fund (450): This fund is funded with a portion of the property tax levy, franchise fees for electric and gas, and special assessments from street projects. Expenditures in this fund are street projects, storm water improvements, and trail improvements. As identified in the 10-Year Pavement Management Plan that was reviewed at the last meeting, the current property tax levy is sufficient to fund the projects identified for the next ten years.