HomeMy WebLinkAboutAgenda Packets - 2022/12/05 (2)CITY OF MOUNDS VIEW
SPECIAL CITY COUNCIL MEETING AGENDA
MOUNDS VIEW CITY HALL
Monday, December 5, 2022
6:00 p.m.
1. CALL TO ORDER
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL: Mueller, Gunn, Hull, Meehlhause, Bergeron
4. APPROVAL OF AGENDA
5. COUNCIL BUSINESS
A. Truth in Taxation presentation
6. Next Council Work Session: Monday, December 5, 2022 at 6:30 pm
Next Council Meeting: Monday, December 12, 2022 at 6:30 pm
7. ADJOURNMENT
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City of Mounds View
Truth in Taxation
Meeting
December 5, 2022
6:00 pm
Vision and Mission
Statement
Vision
A Thriving Desirable Community
Mission
Provide High Quality Public
Services in a Fiscally
Responsible Manor
Truth in Taxation
The Truth in Taxation meeting covers those City and Economic
Development Authority (EDA) funds that get a portion of the City-wide
tax levy. Those funds are as follows:
General ($5,310,177)
Police officer referendums ($385,000)(Part of General Fund)
Fire Bonds ($127,164)(Part of General Fund)
GO Capital Improvement Plan Bonds ($413,983)(Public Works Facility)
Street Improvement Capital Projects ($150,000)
EDA ($100,000)
The General Fund is the City’s operating fund and accounts for most city-
wide activities, the GO CIP Plan Bond Debt Service Fund accounts for
debt service for the PW facility. The Street Improvement Capital
Projects Fund accounts for construction and major maintenance of City
streets, parking lots, and trails. The EDA fund is the economic
development fund of the City.
Expenditures by Type
Personnel
54%
Supplies
4%
Contractual
services
18%
Contingency
0%
Debt service
1%
Capital outlays
1%
Transfers
22%
2023 General Fund Expenditures by Type
General
Government
11%
Economic
Development
5%
Public Safety
43%
Streets &
Highways
10%
Park &
Recreation
6%
Debt service
1%
Other
2%
Transfers
22%
2023 General Fund Expenditures by Function
Expenditures by Function
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
5,000,000
General
Government
Community
Development
Public Safety Streets &
Highways
Park &
Recreation
Debt service Other Transfers
General Fund Expenditures
2021 Actual
2022 Budget
2023 Proposed
Expenditure Bar Graph
General Fund Expenditure
Changes
2023 General Fund operating expenditures are proposed to increase by $407,820 or 5.60%,this includes personnel services, materials and supplies, contractual services, and contingency. Personnel services are the primary driver of the increase ($286,495 or 70.25% of the increase). This will be financed with use of fund balance, a levy increase and fee increases.
2023 General Fund capital expenditures, debt service and transfers are proposed to increase by $1,463,093 or 143.77%. A transfer of $1,500,000 to the Street Improvement Fund to offset additional street projects and accelerated maintenance is the primary cause of the increase. This will be financed by drawing down fund balance and will not impact property taxes.
Total 2023 General Fund expenditures are proposed to increase by $1,870,913 or 22.53%over 2021 with $1,732,000 paid for by drawing down fund balance.
Revenue Pie Chart
General property
taxes
69%
Other taxes
5%
Licenses &
permits
3%
Intergovernmental
15%Other revenues
5%
Transfers from
other funds
3%
General Fund Revenues
2023 Proposed Budget
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
General Fund Revenues
2021 Actual
2022 Budget
2023 Proposed
Revenue Bar Graph
Budget Summary
2023 General Fund significant budget items
•The City proposes a 22.53% increase in General Fund spending which includes increases in operational spending of $407,820 and an increase in non-operational spending (debt service, capital outlay, transfers) of $1,463,093 for an overall increase of $1,870,913. A transfer to the Street Improvement fund accounts for $1,500,000 or 18.07% of the total and does not increase taxes. Inflation is 7.7%.
•Estimated LGA in 2023 is $856,860, the City included only 90% of this in the budget as a precaution from future uncertainty at the state level. This represents 9.88% of the General Fund budget less the one time transfer.
•Other non-property tax revenues are projected to increase $60,036, this excludes transfers.
•Fund Balance will be reduced by $1,732,000 coming from Levy Reduction Assigned Fund Balance.
Proposed Property Tax Levy
2022 2023
Property tax base levy 4,922,043$ 5,271,032$
Special levy - Police Referendum 255,000 255,000
Special levy - Police Referendum 130,000 130,000
Special levy - PERA rate increase 39,145 39,145
Debt service levy - Fire bonds 165,916 127,164
Debt service levy - PW Building 416,766 413,983
Capital Project Street Imp.150,000 150,000
EDA/HRA levy 100,000 100,000
Total Levy 6,178,870$ 6,486,324$
4.98%307,454$
What Your Tax Dollars
Buy
Median Market Valued Home in Mounds View 307,900$
City Tax on Median Valued Home 1,093.97$
Police 523.02 47.81%
Public Works 114.73 10.49%
Fire 100.84 9.22%
Parks and Recreation 83.89 7.67%
Administration (Council, Commissions,98.25 8.98%
Admin, Elections, Finance, Central Services)
PW Building Debt Service levy 60.04 5.49%
Community Development 40.69 3.72%
Community Center 50.76 4.64%
Street Construction 21.76 1.99%
1,093.97$ 100.00%
Sample Home Tax Impact
2022 Home 2022 2023 Home 2023
Taxable City Taxable City
Value Tax Value Tax Difference
56,955 224 70,008 264 40
151,210 579 177,316 654 75
245,463 934 284,522 1,044 110
339,717 1,288 391,830 1,434 146
432,272 1,637 492,038 1,800 163
518,727 1,965 590,446 2,160 195
605,180 2,292 688,852 2,519 227
691,635 2,620 787,260 2,879 259
City of Mounds View
28.02 cents
Ramsey
County
36.82 cents
School
District
31.32 cents
Other taxing
districts
3.83 cents
Tax Bill Breakdown
Tax Levy Per Capita
Arden Hills
$483.56
Mounds View
$501.07
New Brighton
$531.93
Blaine
$530.28
Spring Lake Park
$540.28
Shoreview
$558.16
Fridley
$664.30
Roseville
$738.95
$0.00
$100.00
$200.00
$300.00
$400.00
$500.00
$600.00
$700.00
$800.00
1
Spending per Capita
In the most recent data available from the Office of
State Auditor, For cities over 2500 in population the City spending per capita ranked.
192 out of 229
The City net tax levy per capita ranked
197 out of 229
The state-wide average per capita levy is $517 for cities between 10,000 and 20,000. The City compares favorably at $445 per capita.
Prior Year’s Tax Levy
Tax Levy
General Fund in 2021 3.43%, Debt Service -.130%
General Fund in 2020 4.20%, Debt Service 0.06%, Police Officer 0.37%
General Fund in 2019 4.40%, Debt Service 1.40%, Police Officer 0.30%, Street levy 3.02%
General Fund in 2018 4.30%, Debt Service 9.08%, Police Officer 1.86%, Street levy -6.57%
General Fund in 2017 1.71%, EDA 2.28%
General Fund in 2016 1%
General Fund in 2015 2%
General Fund in 2014 2%
General Fund in 2011 2%
Street levy in 2010 7.9%
No levy increase 2013, 2012, 2009, 2008, 2007, 2006
Summary
The City strives to be a good
steward of public resources by
considering the following:
•Thoughtful Expenditures, linked to
mission and priorities, aimed at
sufficiency, and attentive to total
cost and value.
•Maintenance and conservation
•Commitment to ongoing
improvement
City of Mounds View
Questions?