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DEFINITIONS <br />TOTAL CITY BUDGET <br />The City's financial plan for providing services to residents and <br />businesses for the next year. The total City budget includes the <br />General Fund Operations (day to day activities; police, fire, <br />street maintenance, etc.) water and sewer operations, recreation <br />activity budget, and street light utility budget. <br />GENERAL FUND BUDGET <br />The budget for all city services exce t the water and sewer <br />utility services which are "enterprise funds" - in other words, <br />services which pay for themselves through service fees. <br />CITY TAX CAPACITY <br />The total property Tax values of all taxable property in Mounds <br />View. <br />Market Value x Class Rate (Residential or C/1) = Tax Capacity <br />TAX CAPACITY RATE <br />Determined by Ramsey County by dividing the City's levy <br />amount (in 1994 - $1,918,585) by the total tax capacity of the <br />City (84,410,819). Mounds View's 1993 tax capacity rates is <br />25.88. <br />Tax Capacity x Tax Capacity Rate (25.8) = City Tax Dollar <br />