HomeMy WebLinkAboutAgenda Packets - 2006/12/04
CITY OF MOUNDS VIEW
CITY COUNCIL SPECIAL MEETING AGENDA
TRUTH IN TAXATION
MOUNDS VIEW CITY HALL
Monday, December 4, 2006
6:00 p.m.
1. CALL TO ORDER
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL: Marty, Stigney, Gunn, Flaherty, Thomas
4. APPROVAL OF AG ENDA
5. COUNCIL BUSINESS
A. 6:00 pm Truth in Taxation Hearing. (Regular work session begins @ 7pm)
6. Next Council Work Session: Monday, December 4, 2006 @ 7pm
Next Council Meeting: Monday, December 11, 2006 @ 7pm
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
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Sign -In Sheet
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City of Mounds View
Truth in Taxation
Public Hearing
December 4, 2006
6:00 pm
Mission Statement
Our 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 Purpose
General Fund Expenditures by Type
59%
5%
23%
2%
2%
3%6%Personnel
Supplies
Contractual services
Contingency
Fire debt service
Capital outlays
Transfers
General Fund Expenditures
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
General Government Public Safety Streets & Highways Park & Recreation Debt service - Fire Bonds Other Transfers
2005 Actual
2006 Budget
2007 Proposed
Expenditure Bar Graph
General Fund Expenditures
2007 Proposed Budget
General Government
23%
Public Safety
43%
Streets & Highways
13%
Park & Recreation
10%
Debt service - Fire
Bonds
2%
Other
3%
Transfers
6%
General Government
Public Safety
Streets & Highways
Park & Recreation
Debt service - Fire Bonds
Other
Transfers
Expenditure Pie Chart
Per Capita Expenditures
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
General GovernmentPublic SafetyStreets & HighwaysSanitationCulture & RecreationHousing & Economic DevTOTALMounds View
Statewide average
General Fund Expenditure Changes
General Fund operating expenditures will increase in 2007 by
$52,050 or 1.10%, this includes personnel services,
materials and supplies, contractual services, and
contingency.
General Fund capital expenditures, debt service and
transfers will decrease by $289,803 in 2007.
Total General Fund expenditures will decrease by 4.21%
Property Tax Levy Is Unchanged
2006 2007
Property taxes - base levy $3,506,997 $3,412,286
Special levy - Police Referendum 70,000 70,000
Special levy - PERA rate increase 6,145 6,145
Debt service levy - Fire bonds 64,514 161,327
Debt service levy - Street bonds 190,678 188,576
Total Levy $3,838,334 $3,838,334
2007 change over 2006 $0
General Fund Revenues
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
General property taxes Other taxes Licenses & permits Intergovernmental Other revenues Transfers from other
funds
2005 Actual
2006 Budget
2007 Proposed
Revenue Bar Graph
Revenue Pie Chart
General Fund Revenues
2007 Proposed Budget
Other taxes
7%
Licenses & permits
4%
Intergovernmental
6%
Other revenues
4%
Transfers from other funds
12%
General property taxes
67%
General property taxes
Other taxes
Licenses & permits
Intergovernmental
Other revenues
Transfers from other funds
Property Tax System
Value Class Rates Tax Capacity
City Tax Levy $
County Tax Levy $
School Tax Levy $
Taxable Rates by classes Tax Tax
Value of X of property as set =Capacity of =Capacity
All Property by the State of All Property Rate
Minnesota
Taxable Tax Tax Your
Value of X 1% to $500,000 =Capacity of X Capacity =Tax
Your Home then 1.25%Your Home Rate Bill
Sample Home Tax Impact
2006 Home 2006 2007 Home 2007
Taxable City Taxable City
Value Tax Value Tax Difference
120,000$ 479.27$ 128,160$ 486.65$ 7.38$
150,000 599.09$ 160,200 608.31$ 9.23
180,000 718.90$ 192,240 729.97$ 11.07
186,500 744.86$ 199,100 756.02$ 11.16
210,000 838.72$ 224,280 851.64$ 12.92
240,000 958.54$ 256,320 973.30$ 14.76
City of
Mounds View
29.85 cents
Ramsey
County
35.24 cents
School
District
27.34 cents
Other taxing
districts
7.57 cents
Tax Bill Breakdown
Taxes Per Capita
Mounds View
$308.50
Roseville
$320.33
New Brighton
$322.74
Blaine
$332.21
Fridley
$333.73
Spring Lake Park
$474.49
Arden Hills
$273.34
Shoreview
$301.63
$0.00
$50.00
$100.00
$150.00
$200.00
$250.00
$300.00
$350.00
$400.00
$450.00
$500.00
1
Arden Hills
Shoreview
Mounds View
Roseville
New Brighton
Blaine
Fridley
Spring Lake Park
Last Three Year’s Budgets
•Local Government Aid (LGA) to the City was reduced by
$301,000 in 2005
$122,000 to $0 in 2006
$38,000 unexpected increase in 2007
•LGA reductions had a significant impact on levy increases in
2004 and 2005.
•Insurance savings and other expenditure reductions, no major
construction projects, and the sale of the golf course property
has allowed the City to propose no levy increase for the past two
years.
Summary
The 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.