HomeMy WebLinkAboutResolution 7706 RESOLUTION NO. 7706
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Adopting the 2011 Property Tax Levy
WHEREAS, the City Council has conducted numerous meetings and has made available detailed
copies of the proposed 2011 Budget; and
WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation
council meeting on December 6, 2010 to take comment on the proposed 2011 tax levy; and
WHEREAS, General Obligation Improvement Bonds of 2004 were issued and require a debt service
levy of $190,553 to be collected in 2011; and
WHEREAS, when the Fire Improvement Bonds of 2005 were issued, the debt service was
scheduled to be $97,788, however due to changes in the allocation of costs between participating
cities, Mounds View's actual 2011 cost on said bonds will be $93,885.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the
following property tax levy for 2011 is hereby approved:
General Fund base levy 3,361,798
Fire Bonds of 2005 levy 93,885
PERA rate increase levy 39,145
Police Referendum market value levy 196,000
Total General Fund 2010 property tax levy 3,690,828
G.O. Improvement Bonds of 2004 debt service levy $190,553
Street Improvement Capital Projects Fund 300,000
Total Property Tax Levy 2010 4-181
and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of
said 2011 property tax levy.
Said resolution was declared to have been duly passed and adopted this 13th day of December,
2010.
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ATTEST:
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Jim Ericson, City Administrator
(SEAL)
City of Mounds View
2011 Budget Summary
2007 2008 2009 2010 2011 Change from 2010
General Fund: Actual Actual Actual Budget Reauest Dollar Percent
Revenues:
Property taxes Base levy 3,319,587 3,253,546 3,105,868 3,212,525 3,361,798 149,273 4.65%
Special tax levies, Bonds 161,327 158,370 158,895 154,606 93,885 (60,721) 39.27%
Special tax levies, Operations 114,526 76,145 241,822 242,704 235,145 (7,559) -3.11%
Franchise tax 273,540 283,796 235,002 287,000 249,900 (37,100) 12.93%
Other taxes 65,431 157,410 102,284 45,000 45,000 0.00%
Hotel /motel tax 52,615 51,263 43,835 51,000 45,000 (6,000) 11.76%
Licenses and permits 212,041 193,930 175,816 180,270 178,560 (1,710) -0.95%
Intergovernmental 348,800 380,602 816,717 557,807 321,171 (236,636) 42.42%
Charges for services 18,576 11,459 23,302 22,190 16,565 (5,625) 25.35%
Fines forfeitures 41,833 38,617 29,819 40,800 30,300 (10,500) 25.74%
Interest 118,620 187,181 96,267 104,000 104,000 0.00%
Miscellaneous 175,305 189,264 124,176 86,656 175,844 89,188 102.92%
Transfers: 0.00%
Special Projects Fund 90,000 90,000 90,000 0.00%
DARE Fund 4,393 4,393 4,393 3,000 (1,393) 31.71%
Water Fund 56,422 58,115 59,859 61,655 63,505 1,850 3.00%
Sewer Fund 44,688 46,030 47,411 48,833 50,298 1,465 3.00%
Street Light Fund 2,000 2,060 2,122 2,186 2,252 66 3.02%
Levy Reduction Fund 157,600 249,000 249,315 250,000 250,000 0.00%
Levy Reduction Fund permit 134,000 80,000 0.00%
Vehicle Equipment Fund 141,500 117,250 44,000 65,600 333,094 267,494 407.77%
Total revenues 5,438,411 5,628,431 5,560,903 5,507,225 5,649,317 142,092 2.58%
Expenditures:
Legislative Services:
City Council 51,470 49,409 44,343 49,974 49,767 (207) -0.41%
Advisory Commissions 16,018 22,245 9,575 11,900 11,150 (750) -6.30%
Subtotal 67,488 71,654 53,918 61,874 60,917 (957) -1.55%
Administrative Services:
City Administrator 177,895 181,283 214,640 217,232 222,794 5,562 2.56%
Elections 14,409 32,051 11,851 38,210 10,323 (27,887) 72.98%
Finance 221,996 232,688 238,674 249,270 247,870 (1,400) -0.56%
Central Services 260,206 242,641 193,815 238,082 238,923 841 0.35%
Subtotal 674,506 688,663 658,980 742,794 719,910 (22,884) -3.08%
Community Development 469,777 459,520 439,112 486,119 463,831 (22,288) -4.58%
Police 2,086,448 2,235,909 2,276,827 2,320,232 2,304,086 (16,146) -0.70%
Fire 283,732 292,697 318,765 329,202 297,467 (31,735) -9.64%
Public Works Administration 96,759 113,957 106,794 120,436 123,715 3,279 2.72%
Parks, Recreation Forestry:
Recreation 122,566 136,343 108,647 125,600 109,600 (16,000) 12.74%
Parks 308,718 316,080 310,388 306,586 363,464 56,878 18.55%
Forestry 62,945 49,675 50,496 61,450 55,000 (6,450) 10.50%
Subtotal 494,229 502,098 469,531 493,636 528,064 34,428 6.97%
Fleet Services:
Building Grounds Mtnce 122,568 138,150 132,439 136,185 133,854 (2,331) -1.71%
Vehicle Equipment Mtnce 81,510 92,739 84,828 84,738 86,259 1,521 1.79%
Subtotal 204,078 230,889 217,267 220,923 220,113 (810) -0.37%
Streets:
Pavement Management 185,174 204,005 211,452 191,215 380,501 189,286 98.99%
Snow Ice Control 122,264 130,272 121,874 128,811 122,712 (6,099) -4.73%
Sign Maintenance 34,621 37,262 35,321 36,696 36,594 (102) -0.28%
Subtotal 342,059 371,539 368,647 356,722 539,807 183,085 51.32%
Other
Convention Visitor's Bureau 50,071 48,715 40,171 48,450 42,750 (5,700) 11.76%
Social Service Coordination 17,927 18,375 18,926 18,926 18,661 (265) -1.40%
Miscellaneous /contingency 4,069 5,400 6,263 106,500 6,500 (100,000) 93.90%
Transfers to other funds 350,000 350,000 335,000 225,000 245,000 20,000 8.89%
Debt service Fire Bonds 203,724 150,626 149,283 147,195 89,662 (57,533) 39.09%
Subtotal 625,791 573,116 549,643 546,071 402,573 (143,498) 26.28%
Total expenditures 5,344,867 5,540,042 5,459,484 5,678,009 5,660,483 (17,526) -0.31%
Net change in fund balance 93,544 88,389 101,419 (170,784) (11,166) 159,618
Beginning Fund Balance 2,473,163 2,566,707 2,655,097 2,756,516 2,585,732
Ending Fund Balance 2,566,707 2,655,097 2,756,516 2,585,732 2,574,566 159,618
12/13/2010 8:18 PM