5.2. & 5.3. SR 12-10-2001Item 5.2. & 5.3.
ME IORANDU I
TO:
FROM:
DATE:
SUBJECT:
Mayor and City Council
Pat Klaers, City Administrator
December I 0, 200 I
Consider 2002 Budget
To say that the preparation of thc 2002 municipal budget was atypical would be an
understatement. Budgeting in 2001 was more difficult than usual due to the legislative special
session in June which resulted in major property tax changes, significant changes in the state-
aid formulas, the reintroduction of levy limits for municipal government, and the state
"takeover" of funding for schools. Making consideration of the 2002 budget even more
unusual is the recent projection of a 2 billion dollar shortfall in the state budget that ends
June 30, 2003.
Throughout the year thc City Council has held a series of budget meetings in order to
consider thc 2002 municipal budget. In December 2001 the City Council needs to approve
the final version of the 2002 general fund budget and the property tax levy resolution for
collection in 2002.
After months of staff preparation, the City Council reviewed the first draft of the proposed
2002 budget at its July 2, 2001 meeting. These July 2, 2001 revenue and expenditure
summary pages are attached for your reference. The draft budget was presented consistent
with direction from the Minnesota Department of Revenue, which advised us to "proceed
under current law." The budget figures presented to the City Council for discussion on July
2, 2001 showed the following:
Revenues $7,051,700
Expenditures 7,434,000
Budget gap $ 382,300
By the time the July 2, 2001 meeting was held, the legislative special session had just ended
and we became aware of the plan for leW limits and changes in the state-aid formula. No
details were available but we knew changes would be required in the July 2, 2001 figures.
Additionally at the July 2 meeting, the City Council made budget adjustments for city
recreation, the drug task force officer, police prosecution services, and discussed GIS
services and ice arena bleachers.
At the September 4, 2001 City Council budget meeting, details on the impact on the levy
limits and the state-aid changes were presented, however; the city had not yet received
county information on the impact of the property class rate changes. Nonetheless, on
September 4, 2001, the City Council approved the proposed maximum levy for 2002 and
this amount, per state law, was certified to the county by September 15, 2001. At the
September 4, 2001 meeting, the City Council agreed to move a number of equipment
purchases out of the general fund and into the equipment certificate program and to fund
these expenditures with tax revenues. Also, on September 4, 2001, the City Council cut the
requested CSO position, continued its discussion on the GIS issue, and became aware of the
funding request in order to preserve the small theater. At this meedng the budget gap was
reduced to $111,600.
By the November 13, 2001, City Council budget worksession, the city had obtained market
and property value information from the county. This data indicated that, based on the
proposed maximum levy amounts, the city and county tax rates were going up significantly
while the school tax rate was going down significandy. These changes were expected.
Overall, it is estimated that all property owners will see a decrease in the amount of taxes
that they pay. At the November 13 meeting, the Council accepted a number of
miscellaneous budget cuts and revenue increases. The two biggest changes called for not
adding an environmental assistant position and using landfill revenues to finance part of the
city's composting program. Consensus on the budget changes by the City Council resulted in
a budget gap of $18,600.
In December, the City Council needs to balance the budget and approve its final tax levy
amount. The $18,600 budget gap has increased as more of the 2001 actual year-end figures
come into focus for such items as insurance (we had a re-evaluation by our new insurance
agent, Mary Eberly) and telephone expenses. Additionally, technology continues to be a less
than predictable expense as the two new election precinct counters have different software
than the existing seven older machines and, of course, these older machines now need to be
updated. The attached budget summary pages show the Council how we have moved from
the July 2 situation to our current status. The second page of this attachment shows how our
current budget gap can be eliminated. Some of the changes are based on revised estimates,
most are budget reductions, and one is moving an expenditure into 2001 from the 2002
proposal. Overall, most of the changes are relatively modest and staff will be prepared to
discuss these in as much detail as desired by the Council at the December 10, 2001, meeting.
Based on the December proposed changes, staff is presenting a balance budget for 2002 in
the amount of $7,215,500. This reflects a $745,500 or 11.5 percent increase over the adopted
2001 budget.
Typically a public hearing is required prior to the adoption of the city budget and tax levy
resolution. However, due to the decisions from the state taking place so late in the year and
the spin-off time requirements for the county to implement state directives, it was apparent
that it would be very difficult to have accurate information available in order to hold
informative and productive public hearings in December. Accordingly, the legislature lifted
the budget and tax public hearing requirements for one year. Nonetheless, in order to advise
the public as to the status of the city budget, a front page newsletter article was published in
the November addition of The Current. Additionally, the county plans to send out notices to
all property owners, which advise them that they should contact city hall if they desire more
information regarding the proposed city budget.
Watching revenues will be an on-going activity in 2002. Staff is seriously concerned about
the state government shortfall and its potential ramification on state-aids. If some of these
aids are withheld or eliminated, then we may have to use some of our unreserved fund
balance. Additionally, growth related revenues are budgeted at their highest level ever. There
is a concern about a downturn in the economy and that all of these revenues may not be
realized. If this were to take place the city would have to look at cuts in expenditures in
order to maintain a balanced budget. Future issues for 2002 and beyond include being able
to finance employees and departments for park and recreation, city engineering, and
information technology, along with financing the street, fire, police, and parks equipment
needs so that we can continue to provide adequate services.
In addition to approving the general fund budget in the amount of $7,215,500, the City
Council is also being requested to approve the 2002 tax levy resolution. Attached for your
information is a proposed tax levy resolution. This resolution reflects the exact figures from
the September 4, 2001 Council approved resolution.
Reques ted Action
It is requested that the City Council approve the 2002 general fund budget in the amount of
$7,215,500.
It is requested that the City Council approve Resolution 01-
proposed property tax levy for collection in 2002.
__ a resolution authorizing the
Attachments
· July 2, 2001 Summary Pages for Revenues and Expenditures
· Budget Changes (July though Dec. 10)
· 2002 Capital Outlay Page (Final Updated Version)
· Property Value and Tax Rate Pages
· Tax Levy Resolution
City of Etk River
General Fund Revenue
PROPOSED
ACTUAL REVENUE RECEWEO
BUDGET BUDGET Actual to
2002 ~001 June 12, 2001 2000 199___.~9 199_._.~8 1997 199___~6 199.___.~5 1994
Taxes
Ad Valorem 4,285,850 3,835,850 3,289,348 3,058,053 2,~32,140 2,471,703 2,165,086 1,801,547 1,526,784
G ravel 54,000 56, 300 4,540 53,633 56,658 5 t, 269 45, 766 45,187 39, 413 38,949
Total Taxes 4,339,850 3,892,150 4,540 3,342,981 3,114,711 2,583,409 2,517,469 2,210,273 1,840,960 1,565,733
License & Permits
Liquor 44,000 42, 00O 22, 610 43,354 35,386 37,324 34,805 25,873 24,490 24,590
Amusement 1,200 2,000 30 1,215 1,395 3,430 2,400 2,330 2,~i60 1,855
Cigarette 2,300 2,200 200 2,342 2,125 2,595 725 600 550 525
A~3artment 12,500 10,650 12,672 11,956 11,016 15,696 11,904
Gas Fitters 2,500 2,200 2,415 2,601 2,640 2,736 2,448 2,712 1,848 1,872
Mining 13,500 11,500 2,008 18,172 12,547 12,160 11,762 12,330 10, 081 8,502
Garbage Hauler 1,000 1,000 246 990 1,905 1,140 1,755 210 780 570
Other Business 8,000 7, 00O 11,636 g, 262 8,335 7,165 8,044 11,295 4,055 4, 910
Building Permit 389,200 339,200 273.069 543,562 363,351 376,909 342.248 315,407 190,054 163,075
Fiumbing/Neating Permit 76,300 53,250 92,358 101,524 62,278 70,302 63,885 55,393 45,676 31,977
Permit Surch argo 1,100 850 11,741 1,237 913 1,035 866 1,729 255 867
Electric Permit 68 208 263 365
Animal License 2,000 1,900 995 2,250 2,021 1,828 2,182 2,119 797 1,095
Parking Permit 48 384 600 324 1,283 660 348 337
Other Non Business 6.000 - 3,0(30 15,609 10,833 6,532 7,817 8,014 8,344 5,652 3,744
Total Licenses & Permits 559,600 486,750 445,705 749,890 511,307 540,626 492,321 439.002 287,446 244,919
Intergovernmental Revenue
COPS Grant 25,200 7,000 70,818 84,74C) 124,340 105,159 41,412 13,952
Other Federal Grants
LGA 324,650 324,650 276,977 198,188 241,573 227,640 223,004 247,123 242.240
HACA 504.900 504,900 500,644 498,244 508,880 500,385 493, 416 496, 617 528,851
LPA 17,760 18,581 14,980
Low Income Housing Aid 13,250
PERA Aid 11,500 11,500 11,514 11,514 18,373 5,757
Police Aid 144,500 137,850 135,997 137,871 119,141 98,276 114,416 91,700 81,791
Police Training Reimb. 9,000 7,500 10,886 7,901 6,646 6,360 5,481 5,843 5,583
-*to Aid Street Maine 33,350 29,500 16,680 30,300 29,716 29,341 27,391 26,611 30,372 27,270
e Crime prevention Grant 14,930 34,857 34,253 3,670
~ ~ner State G rants 7,500 3, 379 14,308 8,469 1,000
Other Local Grants 12,524 8,909 6,421 7,600 15,190
Total Int~lvtl. Revenue 1,027r900 1,061,850 23680 1,055,445 1,047,623 1.118,506 996,039 911,940 901,797 885,735
Charges for Services
Admin. Project Fees 50,0(30 50,000 6,488 37,740 16,962 60,885 68,500 48,832
Planning & Zoning Fees 19,150 18, 0(30 11,591 21,320 18,765 19, 310 25,650 19,610 14,500 21,540
Plan Check Fees 255,300 201,650 165,876 328,112 213,400 223,632 201,254 125,009 112,765 100,101
Special Assmt. Search 1,800 3,500 660 1,635 3,075 8,775 4,935 8,255 5,805 6,285
Sate of M a p~Copies 3, 0O(] 1,500 3, 541 7,160 2,336 2,670 8, 041 7,025 2,774 1,530
Reimb. For Gen Govt Serv 2,500 1,765 2,750
Reimb. For Police Services 10,000 7,000 1,591 10,979 17,049 14,871 11,698 12,144 14,295 25,248
School Liaison 47,000 45,150 21,500 43,000 85,000 60,000 69, 076 75, 878 49,736 48,277
Aminal Impound 2,500 2,500 1,000 2,285 2,755 2,967 3,102 1,623 1,951 1,670
Vehicle Impound 30 400 547 565 580 360
Fire Contracts 78,000 75,000 78,523 84,705 78,166 63,848 89, 514 86,680 52,888 60,332
Fire Calls 9,000 7,000 3, 750 15,360 8,438 8,650 7,795 13, 712 5,250 6,825
Street Services 38,000 15,000 2,178 17,686 18,333 16,167 10,101 3,597 4,314 2,292
Recreation Fees 55,0(30 54, OO0 21,316 55,180 54,031 54,859 58, 628 47,262 48,950 40,806
Park Reservation Fees 1,260
6,912 9,148 9,204
Softball League Fees
Sewer Inspection Fee 2,000 1,00~ 41125 3,787 1,500 2,940 2,640 1,740 1,680 2,070
Cut,tractor License Check 1,500 1,500 855 1,845 1,315
Total Char~les for Ser'v~ce 574,750 482,800 319,561 596,204 491,198 516,794 509,976 468,132 392,916 375,012
1
City of Elk River
General Fund Revenue
PROPOSED
ACTUAL REVENUE RECEIVED
BUOGET BUDGET Actuatto
~002 2001 June 12, 2001 200q 1999 1998 1997 1996 1995 1994
Fines
Cou~ 115,0OO 114,000 28,841 109,826 111,584 110,713 84,221 80,028 73,058 76,370
Parl<in~ 7,500 5,500 3,860 9,595 6,030 5,040
Total Fines 122.500 119,500 30,701 119.421 117,514 115,753 84221 80,028 73,058 76,370
Other Revenue
Interest Income 90,000 80,000 57,178 161,759 53,576 119,115 92,931 69,517 63,516 46,221
Vending Machines (Emi3.) 58 982 1,977
Solid Waste Su rc barge 9,000 9,000 11,851 9,000 9,[300 9,000 11,200 10,(300 1 O, 000 16, 518
Refunds & Reimb. 2,400 527 692 3, 316 11,086 9,300 1,732 6,018 3,209
Contributions 3,700 13,700 5,650 3,700 3,700 3,700 3,700 3,700 3,700 3, 700
Miscellaneous 3,000 658 4,573 5,608 2.213 4, 204 10,992 1,480 388
Total Other Revenue 108, 100 102,700 75,864 179,782 76,184 147,091 121,335 95.941 84,714 70,036
Transfers In
Landfill 19,750 19, 750 19,750 19, 750 19,750 20,950 20,950
Cai3ital Outlay ReseP/e 10,0~0 20,000 42,778 43,050 21,719 15,500 70,950 72,0(30
Street Reserve 45,000 45,000 25,000 25, 0GO
NSP/ROF Reserve 39,500 39,500 19,750 19,750 19,750 19,750 19,750 19,750 19,750
Bevetoi3ment Fund 3,050 3,900 16, 5:22
Drug Forfeiture 12,200
V~TS 10,000 10,000 10,000 8, 0(30 8.000 6,000 6,000 6,000 6,000
Liquor 120,000 110.000 110,000 110,000 123.450 123.450 133,450 153,450 113,450
ER M U 100,000 90,000 44,000 90,000 90,000 78,000 78,000 72,0(30 72,000 72,000
EDA 3,000 3,000 2,000 2,000 2,000 1,000 1,000 1,000 1,000
HRA 1,500 1,500 1,000 1,000 1,000 500 500 500 500
Other 917 867
Total Transfers In 319,000 324,250 44,000 276,400 309,800 295,000 270,169 267,950 370,517 331r517
TOTAL GENERAL FUND 7,051.700 6,470,000 944,051 6,320,123 5,668,437 5.417,379 4,991,530 4.473.266 3,951.408 3,548,422
2
APPROPRIATIONS SUMMARY
1999 2000 2001 2002
A~ual A~ual Adopted Proposed
$ 92,383 $ 122,067 $ 150,400 $ 156,100
10,940 32,777 53,950 61,600
301,982 314,061 312,750 380,600
14,218 23,375 9,000 43,250
285,699 309,899 332,950 367,550
32,766 33,850 25,800 26,700
72,394 76,752 75,000 80,000
8,018 5,131 32,150 20,950
207,117 230,800 256,000 272,350
81,652 103,684 137,300 140,950
35,088 47,082 130,000 100,000
406,015 476,293 474,300 635,100
2,052,912 2,220,179 2,360,000 2,562,800
16,740 20,905 38,550 14,800
284,914 345,208 353,800 399,200
25,085 14,848 17,800 18,850
518,504 566,775 597,200 890,850
74,010 94,435 175,850 175,500
155,446 163,011 208,650 236,900
64,677 44,206 45,000 53,000
6,645 15,746 9,250 13,350
245,138 298,337 254,400 327,100
198,189 182,233 239,500 244,750
50,630 63,105 65,300 81,650
87,600 132,637 115,100 130,100
MAYOR & COUNCIL
CABLE TV
ADMINISTRATION
ELECTIONS
FINANCE
ECONOMIC DEVELOPMENT
LEGAL
ENERGY CITY
PLANNING (Including Plan. Corem
GOVERNMENT BUILDINGS
CONTINGENCY
BUILDING & ENVIRONMENTAL
POLICE
POLICE RESERVE
FIRE
EMERGENCY PREPAREDNESS
STREETS
SNOW REMOVAL
EQUIPMENT SERVICES
ENGINEERING
SHADE TREE
PARKS
RECREATION
SR. CITIZEN PROGRAMS
TRANSFERS
TOTAL EXPENDITURES
$ 5,328,762 $ 5,937,396 $ 6,470,000 $ 7,434,000
Finance
6/14/01 Expsumm
2002 GENERAL FUND BUDGET
Updated December 10, 2001
Beginning Balance as Presented July 2, 2001
Revenues Expenditures Balance
$ 7,051,700 $ 7,434,000 $ (382,300)
July 2 Council Adjustments
Delete Optical Imaging
Delete Fire Dept. Floor
Change to City Recreation
Add Drug Task Force Officer
Add City Prosecutor
Add Fine Revenue for Inhouse Prosecuting
Adjusted Balance
September Adjustments
State Aid Adjustments (New Tax Law)
Add Low Income Housing Aid
Adjust LGA & HACA
Levy Limit Adjustments
To Balance to Levy Limit
PERA Special Levy ($8,855)
Tax Abatement Special Levy ($6,160)
Capital Outlay Equip Cert. Eligible
Patrol Vehicles (2)
Investigator Car
Street Dept. Truck
Tandem Axel Dump Truck
Asphalt Hot Patch Trailer
Athletic Field Groomer
Adjusted Balance
September 4 Council Adjustments
Delete CSO
Adjusted Balance
25,000
115,000
(52,500)
(22,500)
52,1o0
46,500
150,000
7,191,700 7,607,600 (415,900)
9,900
107,600
(137,700)
8,850
6,150
(50,000)
(24,000)
~o,5oo)
(15o,ooo)
(16,ooo)
(13,ooo)
7,186,500 7,334,100 (147,600)
(36,000)
$ 7,186,500 $ 7,298,100 $ (111,600)
November 13 Adjustments
Police Union Insurance Settlement
Police Dept. Computer R & M
B & Z Software Update
Police Aid
Delete Environmental Assistant & FF& E
Start Police Officers on February 1
Transfer from Landfill for Compost
Contribution from United Way
Reduce Council Contingency
Reduce Street Maintenance Program
City Administrator reductions misc. changes
Adjusted Balance
(9,000)
28,000
3,000
9,000
4,000
2,000
(42,300)
(8,000)
(5,000)
(5,000)
(25,700)
$ 7,208,500 $ 7,227,100 $ (18,600)
12/5/01
2002 GENERAL FUND BUDGET
Updated December 10, 2001
Revenues
Expenditures
Balance
December 10 Adjustments
Insurance (property, liability & etc.)
Telephone
Adjust Cable TV Personal Services
Flexible Benefits Plan Adjustment
Elections Software
Right of Way Permits
Legal
Government Buildings Reserve Transfer
Administration Conferences & Schools
Finance Part Time Pay
Delay Police Officer to February 15
City Prosecutor Furniture & Equipment
Snow Removal Contractual Services
Police Support Services Operating Supplies
Recreation Part Time Pay
Parks Part Time Pay
Ending General Fund Budget Balance
7,000
7,000
4,750
2,550
(7,200)
8,400
2,000
(5,ooo)
(lO,OOO)
(1,600)
(1,500)
(4,000)
(5,ooo)
(1,000)
(1,000)
12,000
(12,000)
$ 7,215,500 $ 7,215,500 $ -
12/5/01
De_.~_~.rtment
Mayor & Council
Cable TV
Administration
Finance
Elections
Planning
Govt. Building
Police
Police Reserve
Fire
'nergency Prep.
Building & Environ.
Streets
Snow Removal
Parks
Recreation
Subtotal
2002 CAPITAL OUTLAY
Fundin~l Source
General Equipment Equipment
Item Fund Certificate Reserve
Optical Imaging System
Copy Machine Lease 13,250
..Special Assessment Software 4,000
Copy Machine Lease 7,200
Patrol Vehicles (marked) - 2
Squad Video Cameras- 3 10,800
Mobile Digital Computers - 5 23,000
Investigator Car
Voice Playall System 3,300
50,000
24,000
Repair Fire Station Floor
..pumper (1997) 43,000
Siren 13,600
Truck 22,000
Office furniture for new employee 6,000
Pickup 20,500
Dump Box 5,200
Tandem Axel Dump Truck 150,000
Asphalt Hot Patch Trailer 16,000
Athletic Field Groomer 13,000
$ 94,750 $ 273,500 $
56,600
Department
Total
13,250
4,000
118,300
43,000
13,600
28,000
191,700
13,000
$ 424,850 $
One Time
Revenue
52,500 Admin. Project Fees
22,500 FEMA Funds
75,000
11/7/01
Capitaio:02 Cap Outlay
2002 PROPOSED PROPERTY ~,-,^ ON SAMPLE PROPERTIES
(ESTIMATES only based on current information)
Residential Homestead
Estimated Market Value
Net Tax Capacity
Tax Capacity Tax
City of Elk River
Sherburne County
School District 728
Economic Development Authority
Housing and Redevelopment Authority
Total Tax Capacity Tax
School District 728 Referendum Tax
State of Minnesota
Total Tax
Payable 2001
91,200 91,200 95,760
1,011 912 958
Property A Property B Property C
Estimated 2002 with 5% MV Payable 2001 Estimated 2002. with 5% MV Payable 2001 Estimated 2002 with 5% MV
174,400 174,400 183,120
2,384 1,744 1,831
Property D
Payable 2001 Estimated 2002 with 5% MV
309.33 397.12 416.98
326.97 433.48 455.16
645.73 411.41 431.98
10.07 14.03 14.73
7.49 10.13 10.64
121,100 121,100 127,155
1,505 1,211 1,272
729.41 759.41 797.38
771.01 828.94 870.39
1,522.66 786.74 826.07
23.74 26.82 28.16
17.67 19.38 20.34
261,000 261,000 274,050
3,813 2,610 2,741
460.47 527.32 553.68
486.73 575.60 604.38
961.24 546.29 573.61
14.99 18.63 19.56
11.15 13.45 14.13
1,166.63 1,136.50 1,193.32
1,233.16 1,240.56 1,302.59
2,435.36 1,177.40 1,236.27
37.98 40.14 42.15
28.25 29.00 30.45
1,299.58 1,266.18 1,329.48 1,934.59 1,681.29 1,765.36 3,064.49 2,421.28 2,542.35 4,901.38 3,623.59 3,804.77
184.87 75.16 78.92 245.48 99.80 104.79 353.53 143.72 150.91 529.07 215.09 225.84
1,484.45 1,341.33 1,408.40 2,180.07 1,781.09 1,870.14 3,418.02 2,565.01 2,693.26 5,430.46 3,838.68 4,030.62
State Paid Education Homestead Credit 268.00 390.00 390.00 390.00
Homestead Credit 290.32 286.22 263.41 257.96 215.44 207.59 137.50 125.75
Net Tax Paid by Property Owner 1,216.45 1,051.01 1,122.18 1,790.07 1,517.68 1,612.18 3,028.02 2,349.57 2,485.67 5,040.46 3,701.18 3,904.87
-22.41% -17.91%
Percent Increase/Decrease (-)
-26.57% -22.53%
-15.22% -9.94%
-13.60% -7.75%
Commercial Industrial
Estimated Market Value
Net Tax Capacity
Tax Capacity Tax
City of Elk River
S herburne County
School District 728
Economic Development Authority
Housing and Redevelopment Authority
Total Tax Capacity Tax
School District 728 Referendum Tax
State of Minnesota
Property E Property F PrepertyG
Payable 2001 Estim~ed 2002 with 5% MV Payable 2001 Estim~ed 2002 with 5% MV Payable 2001 Estim~ed2002 with 5% MV
159,500 159,500 167,475 539,200 539,200 566,160 3,016,300
3,923 2,440 2,599 16,833 10,034 10,573 101,054
1,200.28 1,062.47 1,131.71
1,268.74 1,159.76 1,235.33
2,505.62 1,100.71 1,172.43
39.07 37.53 39.97
29.07 27.11 28.87
5,150.22 4,369.20 4,603.91
5,443.96 4,769.26 5,025.45
10,751.24 4,526.44 4,769.59
167.66 154.32 162.61
124.73 111.48 117.47
3,016,300 3,167,115
59,576 62,592
30,918.48 25,941.77 27,255.06
32,681.87 28,317.07 29,750.60
64,543.19 26,875.33 28,235.88
1,006.50 916.28 962.66
748.81 661.89 695.40
5,042.78 3,387.57 3,608.32 21,637.81 13,930.70 14,679.02 129,898.85 82,712.34 86,899.60
323.32 131.44 138.02 1,093.01 444.35 466.57 6,114.34 2,485.73 2,610.02
1,464.00 1,559.40 6,020.40 6,343.80 35,745.60 37,555.20
Total Tax 5,366.10 4,983.02 5,305.74 22,730.82 20,395.46 21,489.40 136,013.20 120,943.67 127,064.82
State Paid Educstion Homestead Credit
Homestead Credit
Net Tax Paid by Property Owner 5,366.10 4,983.02 5,305.74 22,730.82 20,395.46 21,489.40 136,013.20 120,943.67 127,064.82
-10.27% -5.46%
-7.14% -1.12%
Percent Increase/Decrease (-)
-11.08% -6.58%
NOTES:
The third column of each parcel states the estimated tax with a 5 percent increase in market value. The market value increase for most property may be closer to 10 percent.
State of Minnesota tax is 60%. The State estimated earlier that the tax would be between 58-60%.
These are ESTIMATES ONLY. The actual tax due is determined by the final levies certified and the final taxable net tax capacity.
10129/2001
Charts2001 to 2002 Tax
Levy Year
Tax Payable Year
CITY OF ElK RIVER
PROPERT X DATA
(Payable yea. 91 - 2001)
10/26/01
Proposed
2001 2000 1999 1998 1997 1996 1995 1994
2002 2001 2000 1999 1998 1997 1996 1995
1993
1994
1992
1993
1991
1992
199o
1991
LE~_Y_ and AIDS
TotalLevy $ 5,118,288 $ 5,058,511 $ 4,596,694 $ 4,230,293 $ 3,852,494 $ 3,544,555 $ 3,163,819 $ 2,837,744
Limited Levy 4,211,077 3,328,156 3,445,099
Special Levy 385,017 301,058 407,395
Unlimited Levy 5,058,511 3,544,555 3,163,819 2,837,744
HACA & Equalization Aid 0 001,264 601,225 601,079 601,385 601,240 593,380 614,397
Percent Increase(Decrease) 0.01% 0.02% -0.05% 0.02% 1.33% -3.42% 0.O0%
Net Levy 5,118,288 4,457,247 3,995,469 3,629,214 3,251,109 2,943.309 2,570,439 2,223,347
Percent Increase(Decrease) 14.83% 11.56% 10.O9% 11.63% 10.46% 14.51% 1 5.61% 27.42%
Levy Distribution (Gross)
General Fund 4,340,783 3,809,355 3,489,800 3,139,530 2,939,800 2,619,859 2,286,O82
Library 66,650 06,650 02,500 54.950 54,950 50,600 50,600
Debt Service 275,602 385,017 350,921 348.903 223,133 219,387 258,490
Dam Loan 32,572 32,572 32,572 32,572 32,572 32,572 32,572
SWM 61,350 57,500 59.500 5t,473 169,100 241,401 210,000
Development Fund 137,383 145,000 135,000 125,000 125,000
Infrastructure/Capital Imp. 144,171 100,000 100,O00 100,000
EBQ~ERT Y VALUES
Market Value 997,330,900 867,190,078 777,417,699 712,271,190 645,916,470 565,589,913 519.105,699 470,973,100
Percent Increase 15.01% 11.55% 9.15% 10.27% 14.20% 8.95% 10.22% 12.47%
Total Net Tax Capacity 12,175,972 14,906,332 13,350,134 12,605,479 12,644,462 12,251,909 11,028,524 9,894,097
Percent Increase -18.32% 11.66% 5.91% -0.31% 3.20% 11.09% 11.47% 14.08%
TIF Tax Capacity 421,434 338,009 141,898 229,853 261,339 326,877 333,668 583,834
Percent of Total 3.46% 2.27% 1.06% 1.82% 2.07% 2.67% 3.03% 5.90%
Taxable Net Tax Capacity 11,754,538 14,568,263 13,208,236 12,375,626 12,383,123 11,925,032 10,694,856 9,310,263
Percent Increase -19.31% 10.30% 6.73% -0.06% 3.84% 11.50% 14.87% 15.64%
~ RAT E~_
City
County
School
HRA '
EDA
Total NTC Rate
43.544% 30.596% 30.248% 29.324% 26.255% 24.683% 24.033% 23.958%
$ 2,359.297
2,359,297
814,399
-5.54%
1,744,898
11.33%
2,026,082
41,700
258,943
32,572
418,748,955
4.40%
8,073,154
1.69%
621,742
7.17%
8,051,412
1.55%
21.902%
$ 2,217,797
2,217,797
650,427
9.73%
1,567,370
1.67%
1,872,900
41,70O
270,625
32,572
401,100,782
13.16%
8,529,004
3.82%
600,641
7.04%
7,928,363
3.60%
20.560%
$ 2,134,349
1,750,384
383,965
592,775
15.65%
1,541,574
-1.10%
1,676,112
41,700
383,905
32,572
381,819,248
7.72%
8,557,927
4.17%
596,612
6.97%
7.961,315
4.03%
19.742%
$ 2,068,852
1,052,844
416,008
511,677
1,557,175
11.22%
1,589,453
41,700
392,027
32,572
354,456,943
8,215,289
562,270
6.84%
7,653,019
20.690%
47.531% 32.341% 31.468% 30.265% 27.235% 24.392% 23.574% 22.380% 21.807% 19.883% 19.474% 18.220%
45.111% 63.870% 56.027% 59.886% 56.539% 02,359% 54,530% 56.511% 63.103% 61.209% 64.386% 54.938%
1.111% 0.741% 0.729% 0.709% 0.633% 0.574% 0.587% 0.600% 0.612% 0.599% 0.312% 0.300%
1.538% 0.996% 0.977% 0.946% 0.842% 0.759% 0.773% 0.792% 0,793% 0.774% 0.698% 0.685%
138.835% 128.544% 119.449% 121.130% 111.504% 112.767% 103.497% 104.247% 108.217% 103.025% 104.612% 94.845%
School Market Value Rate 0.08241% 0.20271% 0.11132% 0.13029% 0.05131% 0.05274% 0.05256% 0.05050%
Education Homestead Credit" n/a 26.535% 30.500% 24.444% 11.173% n/a n/a n/a
State of Minnesota Tax (C/I) 60.000%
City Share of Total Tax Rate - 23.80% 25.32% 24.21% 23.55% 21.89% 23.22% 22.98%
Excluding School Market Value Tax
(City Share of actual property tax payment is less than percentagea listed above becauJe addition of School Market Value Tax decreases the City'a ~hare.)
"Starting with taxes payable 2000, ag land receives Educational Homestead Credit at a reduced rate.
State tax applies only to Commercial/Industrial and Seasonal Recreation property.
0.05252%
n/a
20.24%
n/a
n/a
19.96%
nta
n/a
18.87%
n/a
21.81%
AnnuallCharts:Propert7 Tax Data
RESOLUTION 01 -
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
FOR COLLECTION IN 2002
WHEREAS,
the Elk River City Council has review the City's anticipated
expenditures for all funds in 2002; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2002; and,
WHEREAS, revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following amounts are to be levied as property taxes payable in 2002:
General Fund
Street Replacement
Library
Dam Loan
Surface Water Management
City Special Assessments
1994 Storm Sewer Bonds
2002 Certificate of Indebtedness
2000 Certificate of Indebtedness
1999 Certificate of Indebtedness
1998 Certificate of Indebtedness
PERA Employer Rate Increase
Economic Development Tax Abatement
TOTAL
Levy
$4,148 144
150 000
67 200
23 000
200 000
26 507
113 952
273 500
43 349
36 741
20 880
8 855
6,160
$5,118,288
Passed and adopted by the City Council of the City of Elk River this 10th
day of December, 2001
ATTEST:
Stephanie Klinzing, Mayor
Sandra A. Peine, City Clerk