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Below is the effect of levy increases of 4, 6, 8, and 10 percent on residential properties for the City's share
<br />of taxes for 2019 (does not include other taxing districts such as Ramsey County and ISD 621) based on
<br />the Ramsey the County Assessor's estimated values. Ramsey County will provide preliminary 2019 values
<br />in late August. (Est. tax capacity increased 5%)
<br />Sample Estimated Home Tax Impact
<br />City of
<br />Mounds View Only
<br />2018 2019
<br />2019
<br />2019
<br />2019
<br />2019
<br />Est. Market Est. Taxable 2018
<br />Tax 4% levy
<br />Tax 6% levy
<br />Tax 8% levy
<br />Tax 10% levy
<br />Value Value Tax
<br />Increase
<br />Increase
<br />Increase
<br />Increase
<br />$ 63,071 $ 66,224 134
<br />169
<br />172
<br />176
<br />180
<br />126,141 132,448 346
<br />442
<br />452
<br />463
<br />473
<br />189,211 198,671 588
<br />733
<br />750
<br />768
<br />785
<br />252,281 264,895 831
<br />1,024
<br />1,049
<br />1,073
<br />1,097
<br />315,352 331,119 1,074
<br />1,316
<br />1,347
<br />1,379
<br />1,410
<br />378,422 397,343 1,318
<br />1,607
<br />1,645
<br />1,684
<br />1,722
<br />441,492 463,566 1,561
<br />1,882
<br />1,926
<br />1,971
<br />2,016
<br />504,562 529,790 1,784
<br />2,179
<br />2,230
<br />2,282
<br />2,334
<br />567,633 596,015 2,007
<br />2,510
<br />2,570
<br />2,630
<br />2,690
<br />Tax
<br />capacity for
<br />Local
<br />local rate
<br />tax rate
<br />Tax Levy
<br />2005
<br />$ 6,679,189
<br />46.966
<br />3,838,994
<br />2006
<br />7,533,462
<br />39.939
<br />3,838,994
<br />2007
<br />8,364,245
<br />37.328
<br />3,838,994
<br />2008
<br />8,574,618
<br />34.962
<br />3,838,994
<br />2009
<br />8,475,755
<br />32.351
<br />3,799,393
<br />2010 7.9% levy increase (Streets)
<br />7,580,259
<br />40.968
<br />4,099,393
<br />2011 2% levy increase (Gen Fund)
<br />7,039,380
<br />41.172
<br />4,181,381
<br />2012 (Mkt. Value Homestead Credit ended)
<br />6,421,849
<br />48.893
<br />4,181,381
<br />2013
<br />6,026,790
<br />50.422
<br />4,181,381
<br />2014 2% levy increase (Gen Fund)
<br />6,985,345
<br />44.301
<br />4,265,010
<br />2015 2% levy increase (Gen Fund)
<br />7,642,870
<br />42.886
<br />4,350,310
<br />2016 1% levy increase (Gen Fund)
<br />8,236,495
<br />40.105
<br />4,393,813
<br />2017 1.71 % (Gen Fund) 2.28% (EDA/HRA)
<br />8,930,973
<br />37.531
<br />4,574,565
<br />2018 4.3% (Gen Fund) 1.86% (Police) 2.71 % (PW bldg)
<br />9,772,018
<br />37.742
<br />4,973,985
<br />2019 4% levy increase
<br />10,298,839
<br />37.823
<br />5,172,945
<br />2019 6% levy increase
<br />10,298,839
<br />38.789
<br />5,272,425
<br />2019 8% levy increase
<br />10,298,839
<br />39.755
<br />5,371,905
<br />2019 10% levy increase
<br />10,298,839
<br />40.721
<br />5,471,385
<br />The City has settled contracts with the two police unions and the public works bargaining group.
<br />(Contracts are thru 2019) The contracts provide for a 3% cost of living adjustment in 2019. 19 employees
<br />will receive step or longevity increases in 2019 of 2% to 10%. Health insurance premium increases are not
<br />known, we will receive our rate notice in mid October. The impact to the budget will depend upon the
<br />size of the unknown rate increase. The City's health insurance contribution increased $45 in 2018 to
<br />$1,095 per month compared with $40 in 2017. Past premium increases were as follows: 11.3% for 2017,
<br />5.4% for 2016, 4.6% for 2015, 5.1% for 2014, 20% for 2013, 21% for 2012, and 0% for 2011.
<br />The employer's share of PERA will remain at 7.50% for General (non -police) plan members, the PERA
<br />General rate has increased from 5.53% in 2005 to 7.50% in 2015. The Police plan will increase in 2019 and
<br />2020 by a proposed 0.75% each year. The 2019 employer amount will be 16.95%. The police PERA rate
<br />
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