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Truth in Taxation Public Hearing Meeting Minutes
<br />December 4, 2006
<br />Page 2
<br />1 City Manager Mornson indicated the second largest revenue comes from contracts at 17.4% with
<br />2 Falcon Heights and Lauderdale, next largest revenue is 7.5% in transfers from other government
<br />3 funds, 6.4% comes from inter -government revenue, 4.3% comes from licenses and permits, 3.2%
<br />4 from miscellaneous sources, and 2.1 % of the revenue comes from fines.
<br />5
<br />6 City Manager Mornson pointed out the new revenue line items for 2007. He stated the new line
<br />7 item for a police impound fee would capture about $10,000 in revenue, the liquor operations
<br />8 would provide an additional $25,000 resulting in a transfer of $200,000, and the Hennepin
<br />9 County maintenance agreement will provide an additional $12,700. He reported this amounts to
<br />10 an additional $47,000 in revenue for 2007.
<br />11
<br />12 City Manager Mornson discussed the levies that affect property taxes. He listed the general fund
<br />13 levy, the road improvement levy, the lease revenue bonds, which pay for public facilities, the
<br />14 certificate of indebtedness for a new fire truck, the tax abatement for the work on Central Park,
<br />15 and the PERA rate increase that pays for the public employment retirement account.
<br />16
<br />17 City Manager Mornson further explained the dollars attached to each of the levies. He stated the
<br />18 General Fund increased by $172,443; Road Improvements increased by $134,342, the Lease
<br />19 Revenue Bonds increased by $1,155, the Certificate of Indebtedness increased by $3,400, The
<br />20 Tax Abatement decreased by $765, and the PERA rate increase remains the same. He stated the
<br />21 total increase for all 2007 levies amount to $310,575.
<br />22
<br />23 City Manager Mornson broke down the 2007 general fund expenditures. He stated the four
<br />24 largest departments make up 80% of the expenditures for the general fund. He listed the largest
<br />25 departments include: Police at 28.9%, Public Works at 18.3%, Fire at 17.1%, and Contracts at
<br />26 14.8%. He mentioned these departments have the greatest labor costs.
<br />27
<br />28 City Manager Mornson indicated other issues that impact the budget include increased motor
<br />29 fuel costs, employer health insurance costs, and the cost of living adjustment for City staff, an
<br />30 additional part-time Community Service Officer, additional Police overtime, City park
<br />31 maintenance costs, and the utility costs for City buildings.
<br />32
<br />33 City Manager Mornson discussed the City's portion of the 2007 property taxes. He stated the
<br />34 average St. Anthony Taxable Valuation for 2007 is $258,000, of that; the City property tax share
<br />35 is $1,125.87. He mentioned the City tax does not include the schools or the county. City
<br />36 Manager Mornson broke this down further by budget, roads, public facilities, fire truck, tax
<br />37 abatement, and the PERA rate. He pointed out the increase over 2006 is $102.53.
<br />38
<br />39 City Manager Mornson explained the cost of City Services, which takes care of all the general
<br />40 operations of the City, includes the City Council, administration, insurance, police, fire, public
<br />41 works, and parks for an amount of $736.40 annually or $61.37 per month.
<br />42
<br />43 City Manager Mornson broke down each of the levies beginning with the Road Improvement
<br />44 Levy, which includes the 2006 Improvement Project for 30th Avenue between Stinson Blvd and
<br />45 Wilson Street, Roosevelt Street between 30th Avenue and St. Anthony Blvd, Murray Avenue
<br />46 between Roosevelt and Coolidge Streets, and Coolidge Street between 29h Avenue and St.
<br />20
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