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MINUTES <br />CITY COUNCIL <br />DECEMBER 4, 2006 <br />share of a second traffic car which was added in mid-2006 to coincide <br />with the Unweave the Weave project. The Director noted ChaC a <br />significant portion of the Fire Department's increase relates to additional <br />training costs in 2007. <br />The Director reviewed a graph depicting General Fund expenditure trends, <br />noting the average increase over the last ten years is 4.85%. During this <br />period, the city has absorbed some large dollar increases in police and fire <br />expenses. <br />The Director reviewed 2004 per capita spending for all basic services <br />based on the 2004 State Auditor's Summary. She noted that in 2004 Little <br />Canada had the 4~h lowest per capita spending of the Ramsey County <br />cities, at $306 per capita within a range of $258 through $933. <br />The Director next reviewed the 2007 Proposed Budget by fund which is as <br />follows: <br />General Fund $2,635,439 <br />Park & Rec/Cable TV Funds 139,920 <br />Sewer & Water Funds 2,234,940 <br />Capital Improvement Funds 5,657,507 <br />Debt Service Funds 678,812 <br />Total Budget $11,346,618 <br />The Director noted Chat capital improvements can account for dramatic <br />swings in the City's total budget depending on what projects are planned <br />for the coming year. Capital improvement budgeted spending for 2007 is <br />$1,830,738 greater than the 2006 Budget. This represents costs associated <br />with the Viking/Canabury Drive reconstruction along with Public Works <br />land acquisition costs. Overall spending for 2006 was $9,821,156. <br />The Director next reviewed Che allocation of City taxes on a $245,500 <br />home, which is the 2007 median value for Little Canada, a 14.9% increase <br />over the 2006 median value home. Total City taxes would amount to <br />$490.32, with that dollar amount allocation between public safety, general <br />government, community services, public works infrastructure <br />improvements, and capital improvements. <br />The Director noted that Little Canada's 1997 median value was $105,450 <br />while the 2007 median value is $245,500, a 133% increase over 10 years. <br />The Director then reviewed the City tax impacC to residential properties <br />that had no value increase from 2006. She noted that these homes will <br />experience a decrease in the City's share of taxes from 1% to 2%. For <br />homes with a 10% increase in value, the City's share of taxes will rise by <br />