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7.1. SR 12-06-2004 Item 7. MEMORANDUM TO: Mayor and City Council DATE: Pat Klaers, City Admi~tr~>>r r J {yfe<.(l/vY December 6, 2004 .- FROM: SUBJECT: Truth in Taxation Public Hearing Introduction The City of Elk River tax levy and budget public hearing is scheduled for 6:30 p.m. Monday, December 6, 2004 at Elk River City HalL This public hearing is required by tbe trutb in taxation state law. The purpose of this public hearing is to receive citizen and property owner input on tbe proposed 2005 city budget and tax levy. The public hearing notice was published in tbe December 1, 2004 Elk River Star News. An article on the proposed budget was in the November 3, 2004 Star News. Budget and tax levy information, along with the public hearing date/location, was also in tbe November city newsletter (The Cumnf). This information is also on tbe city website. Finally, tbe city cable TV bulletin board includes a notice of this December 6, 2004 trutb in taxation public hearing. In compliance witb tbe trutb in taxation state law, tbe county has sent out notice of this public hearing to each property owner in the city. The notice included information on tbe property owner's proposed city, school district, and county taxes for 2005. Backiround The City Council is familiar witb tbe 2005 budget and tax levy issues as over tbe past few montbs it has held a series of worksessions on tbese financial matters. Accordingly, the staff presentation at tbe public hearing is mainly for the citizens/property owners who are attending tbe meeting and for tbe public watching on cable TV. These individuals have not been present duting tbe budget worksessions and therefore, are not familiar with all the revenues, programs, services, functions, etc. of tbe city. The State Legislature has dominated the city budget process for a number of years. For example, in 2003 and 2004 tbe state cut funding in the Local Government Aid (LGA) program. In Elk River this resulted in a $644,150 reduction each year. However, in response to concerns over cuts in municipal services, the legislature allowed municipalities to recapture a percent of tbe LGA cuts tbrough property tax increases in 2004. On tbe otber hand, tbe State Legislature ~lso imposed Truth in Taxation Report December 6, 2004 Page 2 of4 levy limits upon municipalities in 2004 and the new levy limits formula provided for no increases due to inflation or growth factors. Now then, flipping the coin once again, the Legislature also approved a new LGA funding formula and in 2005 it is projected that the city LGA amount will more than double from what was received in 2004; plus there are no levy limits in place for 2005. Clearly the State Legislature has had direct involvement with municipal budgets and tax levies over the past few years. Additionally, we will now have to wait and see how the State Legislature will address the upcoming state budget deficit. In many respects in 2005 the city expects to "catch up" from some of the budget reductions and delays in hiring of new staff members that the city experienced since 2003 when LGA was reduced. In this regard, the 2005 budget should be compared to the original 2003 budget before adjustments were required based on LGA cuts. The 2005 budget is proposed to increase 20.8% over the original 2003 budget. This increase only covers inflation and the 8% growth per year that the city experienced (based on residential building permits that were issued). When considering the inflation and growth factors, this type of budget increase seems appropriate simply for the city to maintain providing quality services. On the other hand, when just looking at comparing the adopted 2004 budget to the proposed 2005 budget, it shows an increase of 17.9% and this is far higher than inflation and the 8% growth factors. One note when comparing the 2004 and 2005 budgets is that early in 2004 the City Council became aware that revenues would exceed the budget; and therefore, added some staff throughout the year that were not included in the budget. In this regard, the 2004 actual expenditures are going to exceed the budget; and when comparing 2004 actual expenditures to the 2005 proposed budget, the increase is much smaller than 17.9 percent. Taxes On September 13, 2004, the City Council adopted a resolution (R 04-71) establishing the proposed maximum 2005 tax levy for the city. This resolution is attached for your reference. The maximum 2005 tax levy is established at $7,623,985. This is a $1,059,182 or 16.1 % increase in the tax levy. Most of this increase is for general fund purposes. City taxes are approximately one-third of the total tax bill. The 2004 city tax rate is 43.78. There is no change being proposed in the city tax rate for 2005. Accordingly, a property owner will not see an increase in the city share of their taxes if the property value did not increase. However, if their property value did increase then the city portion of the tax bill will also increase. Based on recent history of increasing property values in the area and the state law related to the phase out of the limited market value program, it is likely that most property values in the city increased somewhat for taxes payable in 2005. According to Sherburne County information that was provided to the city in September 2004, the city Net Tax Capacity (NTC) is increasing by 16.1 %. This increase in the city NTC is identical to the increase being proposed in the tax levy. The citywide increase in the NTC is why the city tax revenue can increase and yet the city tax rate remains flat. 2005 Revenues and Expenditures The 2005 general fund budget it proposed in the amount of $9,284,100. This is a $1,408,700 increase from the adopted 2004 budget. Of this amount, the property tax increase in the general fund is $867,550; the increase in LGA is $393,650; and the increase in growth related revenues is $226,400. The remaining general fund revenue sources in total are projected to decrease slightly in 2005. s: \ Council \ Pat \Budget \2005 \ truthin taxation.doc Truth in Taxation fuporl December 6, 2004 Page3 of 4 The property tax amount in the general fund is projected to increase 16.7% and this is very close to the percentage increase in the overall tax levy and the percentage increase in the city NTC... the LGA amount went from $293,150 in 2004 to $686,800 in 2005. In 2004, LGA amounted to 3.7% of the general fund budget and in 2005 this figure has doubled to be 7.4% of the general fund budget... the growth related revenues (building permits, plan check fees, and plumbing/heating permits) collectively are projected at 75% of the amount that was actually received in 2003. In this regard, a slight slow down in construction activities is anticipated. By way of background information, over the past 15 years the city has never issued permits for more than 300 new dwelling units in anyone year. In 2001 and 2002, the city issued permits for 244 new dwelling units in each year. However, in 2003 the city issued permits for 550 new dwelling units. Obviously this is an astounding increase. Furthermore, the city expects to reach the same level in 2004 but a slight slow down in the amount of new permits being issued has been seen toward the end of 2004. The increase in taxes, LGA, and growth related revenues is allowing the city to add personnel that has been put on hold for the last few years. Seven full time and two part time positions have been added in the 2005 budget. However, personnel services, as a percent of the total general fund budget, remains about the same in 2005 as compared to 2004 at approximately 75%. Regarding the expenditures by service activities, there are no changes of significance. Public safety (police, fire, building/ environmental) continues to be the largest expenditure activity with about 47% of the total general fund budget. Other BudlletslProllrams In addition to the general fund, the city has special revenue fund budgets, enterprise fund budgets, and the EDA and HRA budgets. The EDA and HRA tax levies and budgets have already been approved and will not be part of this truth in taxation presentation. The enterprise fund budgets were recendy reviewed and approved by the City Council at the November 15, 2004 meeting. The enterprise fund budgets are the liquor operation, the wastewater treatment system, and the garbage/recycling program. There are no tax revenues associated with these enterprise funds. The special revenue budgets are either funded with tax revenues, city reserves, ot monies generated by specific activities (i.e. ice arena). There are no changes of significance in any of the special revenue budgets and the presentation on these programs is expected to be somewhat brief. It should be noted that the equipment certificate total is funded over a number of years so only a portion of the proposed 2005 expenditure shows up in the tax levy. Conclusion The truth in taxation presentation by staff will be similar to the one last year. This presentation will include a review of revenues and expenditures by categories and activities and will not include a discussion of individual departments or line item details unless requested by the City Council or the public. The presentation will include charts and graphs that display percentages and show relationships and trends. Please see the attached PowerPoint handout. Handouts will be provided so that the public in attendance can follow along with the presentation. s: \ Council \ Pat \Budb'tt \2005 \ truthintaxation.doc Truth in Taxation Report December 6, 2004 Page 40[4 According to the truth in taxation law, the city cannot adopt the tax levy or budget at the December 6, 2004 meeting. The tax levy and budget cannot be adopted at any meeting when the public hearing is held. If the December 6, 2004 public hearing is closed, then the City Council must announce that the budget and tax levy issues will be continued for consideration and adoption at 6:30 p.m. on Monday, December 13, 2004. Consideration of the budget and tax levy at this follow up meeting will provide the City Council with an opportunity to consider the input it receives at the December 6, 2004 public hearing. However, if the public hearing is continued, the continuation date must be December 13, 2004 and then consideration and adoption of the tax levy and budget will have to take place at the following meeting, which is scheduled for December 20, 2004. Attachments . Resolution 04-71 . PowerPoint Presentation . General Fund Revenues . General Fund Expenditure Summary Pages . 2005 Personal Services Addition . 2005 Capital Outlay $: \ Council \pat \Budget \ 2005 \ truthintaxation.doc RESOLUTION 04 -71 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY FOR COLLECTION IN 2005 WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures for all funds in 2005; and, WHEREAS, the Elk River City Council has considered projected revenues for all funds in 2005; and, WHEREAS, revenues from sources other than property taxes are not sufficient to meet anticipated expenditures of all funds; and, WHEREAS, debt levies have been adjusted or cancelled based on revenue collections and projections. NOW, THEREFORE, BE IT RESOLVED by the CitY Council of the City of Elk River that the following amounts are the maximum to be levied as property taxes payable in 2005: General Fund PERA Employer Rate Increase Street Replacement Library Surface Water Management City Special Assessments 1994 Storm Sewer Bonds 2003 Improvement Bonds 2005 Certificate of Indebtedness 2004 Certificate of Indebtedness 2003 Certificate of Indebtedness Public Safety Lease Revenue Bonds Economic Development Tax Abatement TOTAL ~ $5,997,795 150,000 69,000 175,000 23,888 116,994 131,600 86,000 104,733 126,391 638,589 3,995 $ 7,623,985 ,J- Passed and adopted by the City Council of the City of Elk River this E day of September, 2004. m.~ fl 1% Step' nie Klinzing, r ATTEST: ..~~ Jo ,. chmidt, City Clerk v - CITY OF ELK RIVER TRUTH IN TAXATION PUBLIC HEARING DECEMBER 6, 2004 ~resentation Overview . Summary of Budget Process . Proposed Tax Levy . Proposed Budget . General Fund I Special Revenue . Enterprise . PUBUC HEARING - Receive comments from public . Announce date of next budget meeting 1 .-. The Budget Process . Staff prepares draft budget and tax levy for Council discussion . Council discusses both at Council meetings and adopts maximum levy before September 15 . Truth In Taxation Hearing held . Council adopts 2005 levy and budget ~. Proposed Maximum Tax Levy for .. Taxes Payable 2005 . General Fund $5,997,795 . Library 69,000 . Infrastructure 325,000 . Debt 589,606 . Public Safety Bldg. 638,589 . Economic Development 3,995 . TOTAL 7,623,985 .11\2005 Tax Le~bY Use -~. ~... ",,,- ~- ... 2 l(i;.ax Levy Comparison .. 003 - 2005 I DoIt~"""Y~___LAor Dow~~_ .l!\Property Tax Change Pavable 2004 ProDDsed 2005 . Tax Rate - 43.782% . Tax Rate - 43.780% . Levy - $6,564,803 . Levy - $7,623,985 . TDtal Taxable Tax (16.13% Increase) Capacity - . TDtal Taxable Tax 14,994,764 Capacity- 17,414,310 (16.13% Increase) .I!'Iroperty Tax Rates . Actual 2004 . Proposed 2005 . Oty 43.782 . Oty 43.780 . EDA 1.585 . EDA 1.601 . HRA 1.1045 . HRA 1.157 . County 44.405 . County 42.806 . Rail .530 . Rail 2.587 . HRA .314 . HRA 0 . School 30.953 . School 32.824 . Ref. .15363 . Ref. .14784 . TOTAL 122.714 . TOTAL 124.755 state Rate 54% state Rate 52% 3 ~eneral Fund Budget . Adopted 2004 . Proposed 2005 . Increase $7,875,400 9,284,100 1,408,700 17.89% ~eneral Fund Revenues . Taxes $6,051,800 . Intergovernmental 963,750 . Charges for Servioe 700,850 . Fines and forfeits 154,000 . Licenses & Permits 871,000 . Other Revenues 51,700 . Transfers In 491,000 . TOTAL REVENUES $9,284,100 Proposed 2005 General Fund .l!'ievenues ~~ Source ...'" """"..- 7.5~ """"' ..". """" UcenoeII._"'OII\erRe\Wlue1ntQvllRe>wllll! 1.7'110 9.~ 0."" 10.,",- 4 ~. Change in General Fund . evenues by Source $7,000,000 .......... $5,000,000 $4,000,000 $3,000,000 $2........ $1,000,000 $Or--....../nIgovIISoM__ . ... -. f02OO4I ~ ~~"""ef - _.proposed 2005 General Fund . xpenditures by Category . General Government $2,279,800 . Public Safety 4,339,600 . Public Works 1,428,600 . Culture & Recreation 1,087,400 . Transfers Out 148,700 . TOTAL EXPENDITURES $9,284,100 ~. Proposed 2005 Expenditures by . ategory .......... .."'" T'-'" OIIt ,.- 5 6. Change in Expenditures by .. ategory $4.500,000 $4,000,000 $3,.500,000 $3,000,000 '..500,000 .......000 $1.500,000 '1,000,000 $500,000 $0_ _ - - - ~.~ ,-.., --- Io2OiMl ~ .-. Proposed 2005 General Fund . xpenditures by Type . Personal Service $6,928,150 . Supplies 748,400 . Other Srv. & Chgs. 1,402,250 . Capital Outlay 56,600 . Transfers Out 148,700 . TOTAL EXPENDITURES $9,284,100 Proposed 2005 General Fund .l!'ixpen~ures by Type ...... ".'" ,_. ,.'" ...... 8.1% 6 .l!\<=hange in Expenditures by Type $7,000,000 ",000,000 $5,000,000 $4.",,_ $3,000,000 $2.000,000 $1,000,000 $0 _.... ....- ._.... ~ c.... ...... OUII., "". -... 1.""1 .2005 ~ New Positions To Be Added in .. 005 . . Street Maintenance I . Park Maintenance I . Police Records Clerk . Accountant . Community Development Director ~. New Positions to be Added in .. 005 (Continued) . Asst. Cable 1V Producer . Fire Prevention Specialist . Payroll Clerk (Part llme) . Parks & Rec. Secretary ( Part llme) 7 _peCial Revenue Funds . Library . Ice Arena . Equipment Cert. $ 69,000 705,500 345,000 .l!\SpeCial Revenue Funds . Equipment Reserve $199,200 . Sanitary Landfill 98,900 . Safety 26,500 . Storm Sewer 175,000 .Jf\ Enterprise Funds Revenue ~ . Sewer - $1,952,000 $1,665,350 . Garbage - 1,040,300 1,019,800 . Liquor- 4,600,000 . Cost of Sa'" . 3,379,800 . Operi!ltlng . 1,114,100 . Total 4,493,900 8 .l!\"UbliC Input . Open Public Hearing . Request public input . Announce date and time of continuation hearing, if necessary .l!\ConCluSion . City Council will adopt the 2005 tax levy and budget at the next meeting (December 13, unless the hearing is continued) ..,. 9 SOURCE OF FUNDS 2002 2003 2004 2005 ACTUAL ACTUAL ADOPTED PROPOSED GENERAL TAX $ 3,937,875 $ 4,415,026 $ 5,182,250 $ 6,051,800 INTERGOVERNMENTAL REVENUES 1,533,367 814,285 500,650 963,750 CHARGES FOR SERVICES 648,113 896,233 633,850 700,850 FINES & FORFEITS 134,840 177,242 170,000 154,000 LICENSES & PERMITS 715,853 1,143,614 716,000 871,000 OTHER REVENUES 100,775 55,006 81,700 51,700 TRANSFERS 347,000 341,000 473,950 491,000 USE OF RESERVES 117,000 TOTAL $ 7,417,823 $ 7,842,406 $ 7,875,400 $ 9,284,100 GENERAL TAX Ad Valorem Tax Gravel Tax ......"......................................... $ 5,997,800 54,000 $ 6,051,800 ................................................. INTERGOVERNMENTAL REVENUES Local Government Aid PERA Aid Police Relief Urban Street Maintenance Police Training Reimbursement other Grants (Safe & Sober) ................................................. 686,800 11,500 146,000 36,000 10,500 72,950 963,750 .........................,....................... ................................................. ................................................. ................................................. ...................................-............ CHARGES FOR SERVICES GENERAL GOVERNMENT Administrative Project Fees Planning & Zoning Fees Plan Check Fees Contractor License Surcharge Sewer Inspection Fees Miscellaneous Sales Assessment Searches ................................................. ................................................. 25,000 350,700 2,400 12,000 1,500 2,000 .......................................".,...... ........................................,........ ................................................. ...,............................................. ................................................. PUBLIC SAFETY School Liaison Police Contracts/Fees Lockout Fees Impound Fees Fire Calls & Contracts ................................................. 20,000 6,000 12,000 2,500 78,850 .,.,.............,........,.,."",..,........... ................................................. ................................................. ""...................."..,...,................ PUBLIC WORKS Street Services ................................................. 25,000 RECREATION Recreation Fees Concessions Bulilding Rent ParkIFacility Fees ................................................. 115,000 30,000 2,400 15,500 700,850 ................................................. ................................................. ................................................. FINES & FORFEITS Court Fines Parking Fines LICENSES & PERMITS PERMITS Building Permits Building Permit Surcharge Plumbing & Heating Permits Other Non-Business LICENSES Animal Cigarette Liquor Amusement Garbage Haulers Mineral Extraction Apartment Licenses Other Business OTHER REVENUE Interest Contribution-Guardian Angels Miscellaneous Revenue TRANSFERS Liquor Landfill Street Reserve NSP/RDF Reserve Drug Forfeiture Sewer Utilities Economic Development Authority Housing & Redevelopment Authority TOTAL REVENUES SOURCE OF FUNDS ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ............................................,.... ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ................................................. ..........,...........................,..,.,..... .......................................,..,...... ................................................. ................................................. ................................................. ................................................. ................................................. 150,000 4,000 625,300 1,400 138,800 4,000 1,500 3.000 50,250 1,400 850 13,500 15,000 16,000 45,000 3,700 3,000 195,000 40,000 45,000 39,500 3,900 15,000 126,100 17,000 9,500 154,000 871,000 51,700 491,000 $ 9,284,100 APPROPRIATIONS SUMMARY 2002 2003 2004 2005 ACTUAL ACTUAL ADOPTED PROPOSED MAYOR & COUNCIL $ 162,513 $ 175,464 $ 175,850 $ 195,150 CABLE TV 64,184 56,448 64,900 117,850 ADMINISTRATION 328,441 327,424 379,900 408,900 ELECTIONS 44,091 36,200 1,450 FINANCE 403,576 324,414 370,000 464,500 INFORMATION TECHNOLOGY 96,521 160,750 200,200 LEGAL 197,096 186,106 206,450 219,400 PLANNING 327,435 310,381 300,400 374,050 CITY HALL 136,472 99,659 141,300 180,200 CONTINGENCY 27,527 5,463 75,000 100,000 POLICE 2,508,214 2,532,829 2,712,200 3,081,000 FIRE 376,485 402,800 414,900 523,950 EMERGENCY MANAGEMENT 25,729 24,352 23,150 23,900 BUILDING & ENVIRONMENTAL 546,460 566,158 557,850 710,750 STREETS 764,757 721,711 757,850 794,650 SNOW REMOVAL 95,090 105,573 165,800 250,350 EQUIPMENT SERVICES 254,462 272,663 266,350 278,600 ENGINEERING 134,709 88,266 75,000 105,000 PARK MAINTENANCE 288,978 325,625 322,400 390,000 RECREATION 372,086 400,977 473,500 600,950 SR. CITIZEN PROGRAMS 81,950 81,315 87,100 96,450 ECONOMIC DEVELOPMENT 21,134 ENERGY CITY 8,870 12,255 16,950 18,100 TRANSFERS 119,154 193,330 91,600 148,700 TOTAL $ 7,289,413 $ 7,309,734 $ 7,875,400 $ 9,284,100 12/212004 Ii! 0 0 0 Ii! 0 Ii! 0 g 0 0 0 ;f!. ;f!. "- 0 0 0 0 .. 0 0 0 0 '" '" C01" .. (DO" 0 .. N :"ItI< .. "'" M 0 ...,.... 0 V V '.o~ , ... '" .,; 0.' .; .; .; 0 .= .; i~ ci .. .. ....., .. .. .. .. M ii. ~ g; V .r-.';' " ~ N N ~ ~ .. M '~;' ~ "n 1-"": ... .' .:1 , .::: :;'1 - , ;f!. "- "- a . 0 0 0 0 0 0 'Q.;:i ci 0 0 . = ,,0 '" 0 0 0 0 1& 0 0 0 ;f!. ;f!. ;f!. .'! ,; .. 0 0 0 0 0 ., 0 "' ~ . ~ .. 0 .. .. "! N '" ~ "' 0 U . .. '" .,; ... ai ... ,.; <D <D ci '" > ~ .. en " ., ., N .. N V . V :D .c 0 " 0 .c N 5 .. <,_,.,n P ,',_ "- ;f!. ;f!. 0 en"" 0 .. 0 . 0 0-.- 0 ii ., '" 0 V ,! "' o' ., .. 0 ~ '" .. .,; .,; ,.; .,; 'i .. ~ N M = en 0 g, 0 $ 0 0 0 0 ;f!. ;f!. ;f!. .. 0 0 ., 0 0 N '" 'ii . M '" .. .. 0 N .. M '" ~ . .,; ,.: ,.; ~ ,.; of ,.; ,.; '" .; N c u .. ~' 0 'N ~ .. 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'" = o :;::; 'ijj o Q. ;: " z 0; o t-- ..,. o o ~ ~ N 2005 CAP IT AL 'QUTLA Y Funding Source General Equipment Equipment Other Department Department Item Fund Certificate Reserve Fund Total Mayor & Council Cabie TV Administration Scanner 6,500 6,500 Finance Information Tech Exchange Server 7,000 7,000 Web Server 7,000 7,000 Planning Gov't. Buildings Poiice Police Vehicles (marked) - 4 including setup 116,000 116,000 Police Vehicles (unmarked) - 1 including setup 29,000 29,000 Mobile video cameras - 5 30,000 30,000 Records Scanner 6,600 6,600 Police Reserve Fire Emergency Mgmt. Siren 16,200 16,200 Building & Environ. Inspector Truck 22,000 22,000 Streets Street Sweeper 175,000 175,000 Truck wlPlow Equipment 150,000 150,000 Windrow Turner (1) 100,000 100,000 Radiant Patcher 20,000 20,000 G PSI nstrument (2) 8,500 8,500 Crack router 7,500 7,500 Snow Removal Equipment Services Park Maintenance Recreation Ice Arena 8,000 8,000 Subtotal $ 56,600 $ 345,000 $ 199,200 $ 108,500 $ 709,300 (1) Landfill Fund (2) Surface Water Management Fund