HomeMy WebLinkAboutAgenda Packets - 2009/12/07 (2)
CITY OF MOUNDS VIEW
SPECIAL CITY COUNCIL MEETING AGENDA
MOUNDS VIEW CITY HALL
Monday, December 7, 2009
6:00 p.m.
1. CALL TO ORDER
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL: Flaherty, Stigney, Hull, Mueller, Gunn
4. APPROVAL OF AGENDA
5. PUBLIC INPUT:
Citizens may speak to issues not on tonight’s agenda. Before speaking, please give your full
name and address for the minutes. Also, please limit your comments to three minutes.
6. SPECIAL ORDER OF BUSINESS
7. COUNCIL BUSINESS
A. Truth in Taxation
8. Next Council Work Session: After this Meeting
Next Council Meeting: Monday December 14, 2009, at 7 p.m.
Item No: 7.A
Meeting Date: December 7, 2009
Type of Business: Truth in Taxation
Administrator Review: _____
City of Mounds View Staff Report
To: Honorable Mayor and City Council
From: Mark Beer, Finance Director
Item Title/Subject: All Funds Budgets for 2010
Attached is the Truth in Taxation presentation and the budgets for all funds (General, Special
Revenue, Debt Service, Capital Projects, and Enterprise) for your consideration. The Council
has had an opportunity to review all the funds at different times during this process.
The state released a budget forecast for the current biennium on December 2 that projects a 1.2
billion deficit over the remaining 18 months of the budget period. I think we can expect to see
further reductions in state aid and could see additional reductions as soon as the aid payment
that is due at the end of this month. The City could use additional reserves to off-set these cuts
or consider additional expenditure reductions. There are no revenue increases that the City can
avail it self of at this time.
Looking forward to the 2012/2013 state budget, projections show a 4 to 7 billion deficit already
for that period. This will affect our state aid for 2011. Staff welcomes
Respectfully Submitted,
Mark Beer
City of Mounds View Truth in Taxation Public HearingDecember 7, 20096:00 pm
Mission StatementMission StatementOur Mission is to provide high quality public services that effectively address changing citizen and community needs in a fiscally responsible and customer-friendly manner.
Expenditures by Expenditures by PurposePurposeGeneral Fund Expenditures by Type 2010Capital outlays2%Contingency2%Fire debt service3%Contractual services22%Supplies5%Personnel62%Transfers4%
General Fund Expenditures by Function2010 Proposed BudgetPark & Recreation9%Debt service - Fire Bonds3%Transfers4%Public Safety46%Streets & Highways12%Other3%General Government14%Economic Development9%Expenditure Pie ChartExpenditure Pie Chart
General Fund Expenditures-500,0001,000,0001,500,0002,000,0002,500,0003,000,000GeneralGovernmentEconomicDevelopmentPublic Safety Streets &Highw aysPark &RecreationDebt service -Fire BondsOther Transfers2008 Actual2009 Budget2010 ProposedExpenditure Bar GraphExpenditure Bar Graph
General Fund Expenditure General Fund Expenditure ChangesChanges2010 General Fund operating expenditures will decrease by $180,210 or 3.35%, this includes personnel services, materials and supplies, contractual services, and contingency. 2010 General Fund capital expenditures, debt service and transfers will decrease by $233,670 or 3.84%.Total 2010 General Fund expenditures will decrease by $413,880 or 6.79% over 2009.
Revenue Pie ChartRevenue Pie ChartGeneral Fund Revenues2010 Proposed BudgetOther taxes7%Licenses & permits3%Intergovern-mental10%Other revenues5%Transfers from other funds9%General property taxes66%
General Fund Revenues$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000General property taxesOther taxesLicenses & permitsIntergovernmentalOther revenuesTransfers from other funds2008 Actual2009 Budget2010ProposedRevenue Bar GraphRevenue Bar Graph
Budget SummaryBudget Summary2010 General Fund significant budget items• The City reduced spending by $413,880• The State “Unalloted” Local Government Aid over the last two years totaling $294,963 and is projecting further reductions in 2010 of $340,000. • Other non-property tax revenues are projected to decline $170,408, this will increase the pressure on the property tax.• General Fund reserves of $132,790 will be used to balance the 2010 General Fund budget.
Property Tax Levy IncreasesProperty Tax Levy Increases2010 2009Property taxes - base levy $3,250,519 $3,210,748Special levy - Police Referendum 208,000 215,000Special levy - PERA rate increase 34,704 26,822Debt service levy - Fire bonds 154,606 158,895Debt service levy - Street bonds 189,558 187,928Capital Project Street Imp.$300,000$0 Total Levy$4,137,387 $3,799,393Increase337,994$
What Your Tax Dollars Buy What Your Tax Dollars Buy for a Median Valued Homefor a Median Valued HomeMedian Valued Home in Mounds View186,300$ City Tax on Median Valued Home 772.18$ Police305.19 39.52%Public Works105.47 13.66%Parks and Recreation101.02 13.08%Administration59.87 7.75%Community Development53.58 6.94%Debt service51.99 6.73%Fire49.74 6.44%Street Improvement levy45.32 5.87%772.18$ 100.00%
Sample Home Tax ImpactSample Home Tax Impact2009 Home 2009 2010 Home 2010Taxable City Taxable CityValue Tax Value Tax Difference128,224$ 414.82$ 119,921$ 497.05$ 82.24$ 160,280 518.52 149,901 621.32 102.79 192,337 622.23 179,881 745.58 123.35 199,200 644.43 186,300 772.18 127.75 224,393 725.93 209,861 869.84 143.91 256,449 829.64 239,841 994.10 164.46
City of Mounds View29.47 centsRamsey County36.22 centsSchool District30.41 centsOther taxing districts3.90 centsTax Bill BreakdownTax Bill Breakdown
TaxesTaxesPer CapitaPer CapitaMounds View$310.84New Brighton$338.46Blaine$354.85Fridley$389.82Roseville$392.34Spring Lake Park$511.67Arden Hills$312.13Shoreview$351.23$0.00$100.00$200.00$300.00$400.00$500.00$600.001
Spending per CapitaSpending per CapitaIn the most recent data available from the Office of State Auditor, the City spending per capita ranked 211 out of 221 For cities over 2500 in population
Last Three YearLast Three Year’’s s BudgetsBudgetsLocal Government Aid (LGA) to the City has fluctuated with significant amounts being withheld by the state. $121,371 for 2008, withheld $ 60,686$642,866 for 2009, withheld $147,162$571,636 for 2010, est. withheld $339,558Transfers from the Levy Reduction Fund along with use of reserves and other expenditure reductions, and cutbacks in capital outlays has allowed the City to propose no levy increase for 4 years. (2006, 2007, 2008, and 2009)
SummarySummaryThe budget is the outcome of a range of factors including: state aid, service level changes, capital projects and inflation.The goal of the budget is to efficiently apply existing city resources and new revenues to provide the service levels and infrastructure desired by the citizens of Mounds View.