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Regular Council Meeting November 27, 1990 1 payers taxes will not be reduced because the money will be used to reduce 2 the State deficit. 3 Miscellaneous: This area of income includes court fines, variances and 4 special assessments. 5 Refund & Reimbursements: The Liquor store is not tax supported. From 6 1990-91, Burt said that this area is growing about 31% because he is taking 7 another $46,000 and transferring into the general fund expenditures. This 8 transfer has avoided having to reduce City services. 9 10 Finance Director Roger Larson talked about how the City's share of the 11 property taxes is calculated. The proposed tax levy for '91 is $1,596'.25. The 12 net figure is $1,134.88. After adjustments, the total current tax rate is 13 21.108. The two areas that the City loses State aid are Local Government 14 Aid, down $25,774 and the Homestead Credit Aid, down $60,187, thus 15 raising the tax rate. The other area of loss for the City is the decrease in 16 taxable value of Apache Value. Larson said that Staff analyzed neighboring 17 communities that were similar in size. In that survey St. Anthony came up 18 right in the middle at 16.664% for 1990. 19 20 Burt said that when the communities were compared, they also included 21 proposed increases. Again St. Anthony was in the middle. St. Anthony is 22 successful in a flat market of sales because it is a better buy for the tax 23 dollar. The City has its own full-time fire, police and water is provided. 24 . 25 Burt then explained how the 1991 tax dollar is split: School District #282, 26 48a; Hennepin or Ramsey County, 30a: City, 16c, and other is 8Q. "Other," the 27 most rapid growing area, includes the Metropolitan.Council and H.R.A. 28 29 Burt went on to say that State budget problems are only beginning. The City 30 could possibly lose up to $400,000 in aid. Should that happen, Burt said that 31 certain departments would be eliminated or the taxpayer would have to pay 32 the cost. All of this, he said, depends on how well the State solves its deficit 33 problems. 34 35 Mayor Ranallo then described how each member of the Council works with 36 different agencies to assure a fair share for St. Anthony. The Mayor then 37 opened the hearing for questions from the audience. 38 39 Mike LeVann, 2504-34th Avenue NE, asked how close the actual spending 40 is this year to the budget. 41 42 Burt said the budget will be very close, probably be in the upper 90%. The 43 storm and burglaries resulted in higher costs. 44