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MINUTES <br />CITY COUNCIL <br />DECEMBER 8, 1993 <br />than 1%. <br />The next graph presented was that of the City's gross <br />tax levy history from 1985 through 1994. The <br />Administrator pointed out that the gross tax levy for <br />the City was very flat in the years 1985 through 1989. <br />There is a big increase in 1990, 1991 and 1992. This <br />is due to the fact that the State reduced the City's <br />Local Government Aid by $256,000 and then increased <br />levy limits to allow cities to make up for the <br />reduction in State Aid. A percentage of the increase <br />is also due to the new fire station debt. The <br />Administrator pointed out that beyond 1992 to 1993, the <br />gross tax levy is up slightly, and would be relatively <br />flat overall if you remove the factor of the State Aid <br />reduction. <br />The Administrator reported that there are three <br />components that make up the City's tax levy. These are <br />the General Fund Levy, Debt Service Levy, and Capital <br />Improvement levy. <br />The Administrator reviewed the General Fund levy, <br />pointing out that the 1994 General Fund Budget is <br />$6,350 down from the 1993 budget. Based upon 1993 <br />estimated actual expenses, the 1994 General Fund Budget <br />is up 5.4%. The Administrator pointed out that from <br />1990 to 1994 there has been a big increase in public <br />safety costs. The Sheriff's Department accounts for <br />about $500,000 of the Budget, while the Fire Department <br />$150,000. Public Works expenditures have remained <br />relatively flat, with a slight increase in 1994 due to <br />the shifting of some expense from the Parks <br />Department. Total General Fund expenditures are <br />projected at $1,445,000 for 1994. <br />The Administrator presented a graph reviewing the <br />General Fund Revenue from 1990 through 1994. Property <br />taxes are the City's biggest source of revenue, and <br />account for 63% of General Fund Revenues. In 1989 <br />property taxes accounted for 440 of the revenue budget. <br />This is because the State used to pick up more of the <br />General Fund budget, and decreases in State Aid result <br />in higher dependence on property taxes. In 1994 the <br />City is projecting a 20% increase in licenses and <br />permits. Fine revenue is projected to be down 30o due <br />to less availability on the part of the Sheriff's <br />Department to issue tags since the majority of their <br />time is used responding to calls. <br />The Administrator presented a graph showing the City's <br />Debt Service Levy Comparison from 1993 through 2002. <br />Page 4 <br />