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5.1. SR 09-08-2008REQUEST FOR ACTION To Item Number City Council 5.1. Agenda Section Meeting Date Prepared by Worksession Se tember 8, 2008 Lori Johnson, City Administrator Item Description Reviewed by Resolution Authorizing the Proposed Property Tax Levy for Reviewed by Collection in 2009 Action Requested Approve Resolution Authorizing the Proposed Property Tax Levy for Collection in 2009 Background/Discussion As you know, we have been waiting for a revised estimated net tax capacity (NTC) from the county assessor before making a decision on the proposed tax levy for 2009. I received an updated estimate on Thursday along with a decision on how to correct a county error in a tax increment financing (TIF) district that will also affect the tax levy and tax rate. Based on an early estimate from the county assessor, we based the tax levy and budget on a NTC increase of three percent. The new estimate is consistent with the earlier estimate. The NTC is now estimated to be 2.8 percent excluding military exemptions and personal property additions. The final NTC will change slightly when these are included; however, the NTC will most likely still be no higher than three percent. The three percent NTC at the same 2008 tax rate of 42.494 leaves a 2009 General Fund budget shortfall of $519,850. Unfortunately, the 2008 TIF error resulted in an artificially low tax rate for 2008 because the TIF value was not subtracted from the taxable NTC. Without the TIF error, the tax rate would have been 42.712. Levying to the levy limit for 2009 would increase the tax rate to 44.077 and reduce the budget shortfall to $126,300. To put this in perspective, below is past levy and tax data: Taxes Payable Year NTC Percent increase Tax Rate Total Levy Percent increase General Fund Levy 2009* 26,040,206 2.83% 42.494 11,084,248 3.00% 9,426,524 2008 25,324,612 11.75% 42.494 10,761,311 10.29% 9,139,350 Percent increase 3.14% 10.61% * Estimated NTC; Levy based on 3% NTC increase 2007 22,661,722 12.82% 43.056 9,757,057 10.58% 8,263,032 14.44% 17,421,465 15.29% 43.929 8,823,793 15.74% 7,220,536 20.39% 5:ACouncil\LoaA2008\Budget Discussion 09 08 08.doc Each $100,000 levied increases the tax rate by .384. If the Council wanted to increase the levy by $100,000 to help eliminate the budget shortfall, the tax rate would increase to 42.878. That option is included in the list of possible budget adjustments to be considered by the Council. As I stated earlier, if the levy is approved based on a three percent NTC increase, there is a $519,850 budget shortfall. The budget requests from department heads were for the most part very conservative with many departments requesting less than a five percent increase even though a three percent cost of living adjustment, five percent cafeteria benefit increase, and substantial fuel and supply cost increases were included. Given the conservative budget proposal, it was more difficult than in the past to identify budget adjustments that do not affect services. That said, we have identified a list of possible budget adjustments that is attached. Some of the adjustments are administrative corrections to match the budget request to actual costs or actual needs. There are also several positions that are currently vacant that may not be filled immediately that have been included as proposed cuts. No new staff or increased hours are included in the proposed budget. Most of the suggested cuts are coming from departments that requested increases in services or that had increases in excess of five percent. The goal in determining possible cuts was based on retaining existing services; the objective is to continue to provide services at existing levels without any visible change to the public. As a result, the most obvious areas to cut are increases in programs and new programs. In addition, at the staff level we have explored every opportunity to increase our efficiency and reevaluate how we do our jobs in an effort to reduce costs, increase efficiency, and provide excellent service to our residents. I have reviewed the proposed adjustments with the affected department heads and in many cases they and their staffs have offered suggestions on possible reductions. Reducing an already fiscally sound budget is difficult as you can tell by the list of possible adjustments. In addition, if the Council chooses to include the TIF error in the tax rate of 42.494, an additional $87,210 in cuts are necessary. Finance Director Tim Simon and I will be prepared to review this information in detail at the work session. Obviously, many of the proposed budget adjustments will generate Council discussion and will require difficult decisions to be made by the Council. Attachments • 2009 General Fund Budget — List of Possible Adjustments • Resolution Authorizing the Proposed Property Tax Levy for Collection in 2009 • General Fund budget summary • Letter from County Auditor Diane Arnold on TIF adjustment • Minnesota Statute regarding correction of errors for TIF districts • 2008 year to date General Fund revenue and expenditure summary Action Follow M Motion by Second by Vote S:ACouncil\LoriA2008\Budget Discussion 09 08 08.doc Subtotal of Proposed Adjustments (294,550) Original Budget Shortfall 519,850 Revised Budget Shortfall 225,300 Other possible adjustments Do not fill Sr. Planner in 2009 (42,000) Liquor Store Transfer In 25,000 This would increase the transfer by 21 % over 2008 Use Available 2007 Fund Balance Reserve Reserve was $161,284. Amount available would be reduce up to $161,284 by any needed to balance 2008 budget Increase Tax Levy Decrease COLA Use General Fund Balance as needed Notes: Proposed budget does not include contribution to Boys and Girls Club 2009 General Fund Budget List of Possible Adjustments September, 2008 Line Item Amount Comments .ng Mnt - Overtime ($4,000) Administrative Adjustment/Correction Park Maint - 4th of July Supplies (1,200) Administrative AdjustmenUCorrection Cable TV (1,700) Administrative Adjustment/Correction Planning (300) Administrative Adjustment/Correction Energy City - Expo (5,000) Administrative Adjustment/Correction Recreation Programming (10,000) Administrative AdjustmenUCorrection Building Safety - Code Enf. Officer (27,900) Administrative Adjustment/Correction Planning - Sr. Planner (42,000) Do not fill until July 1, 2009 Fire - Pt. Inspector (15,300) Not needed until activity increases Cable TV - PT assistant (10,000) Contract or use less staff time Energy City - PT Coordinator (30,500) Could hire mid year and reduce savings Streets - Laptop (5,000) Use recycled computer from another dept. Environmental - Fish Stocking Lake Orono (1,000) Stocked in several times recently Administration - Scanning (8,000) Delay Parks - Consulting (5,000) No park improvements planned in 2009 Bldg Maint - Repaint Vehicle (6,000) Delay Planning - Plotter (13,000) Duplicate for EOC - use existing Streets - Asphalt heater (10,650) Rent instead of purchase Contingency (5,000) Streets - Sign supplies (7,500) Still increases 25% over 2008 Streets - Sealcoating (40,000) Still increases 10% over 2008 Parks - Ballfield maintenance contract (8,000) New request Recreation Administration (5,000) Various minor reductions Recreation Programming (5,000) Various minor reductions ",icreation Programming (2,500) Operating Supplies YMCA -SystemImprovements (10,000) Delay Transfer to Ice Arena (5,000) Zamboni Advertising Recreation Programming (10,000) Arts Alliance Contribution Subtotal of Proposed Adjustments (294,550) Original Budget Shortfall 519,850 Revised Budget Shortfall 225,300 Other possible adjustments Do not fill Sr. Planner in 2009 (42,000) Liquor Store Transfer In 25,000 This would increase the transfer by 21 % over 2008 Use Available 2007 Fund Balance Reserve Reserve was $161,284. Amount available would be reduce up to $161,284 by any needed to balance 2008 budget Increase Tax Levy Decrease COLA Use General Fund Balance as needed Notes: Proposed budget does not include contribution to Boys and Girls Club RESOLUTION 08 - A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY FOR COLLECTION IN 2009 WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures for all funds in 2009; and, WHEREAS, the Elk River City Council has considered projected revenues for all funds in 2009; 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 2009: Levy General Fund $ 9,349,609 PERA Employer Rate Increase 76,915 Library 85,400 Surface Water Management 50,000 City Special Assessments 17,356 1994 Storm Sewer Bonds 116,645 2005 Improvement Bonds 88,400 2007 Improvement Bonds 121,748 2007 Certificate of Indebtedness 110,644 2006 Certificate of Indebtedness 92,465 2005 Certificate of Indebtedness 149,612 Public Safety Lease Revenue Bonds 603,254 Economic Development Tax Abatement 222,200 TOTAL $11,084,248 Passed and adopted by the City Council of the City of Elk River this 8th day of September, 2008. Stephanie Klinzing, Mayor ATTEST: Tina Allard, City Clerk APPROPRIATIONS SUMMARY SOURCE OF FUNDS - GENERAL FUND= 2007 2008 2009 % of % $$ 2008 ACTUAL 2006 2007 2008 2009 Change Increase ACTUAL ACTUAL ADOPTED PROPOSED %Increase TAXES $ 6,967,985 111 7,946,017 111 9,189,350 ' $ 9,576,500 4.21% INTERGOVERNMENTAL REVENUES 1,314,482 1,323,874 976,900 983,600 0.69% CHARGES FOR SERVICES 835,804 740,197 756,950 608,800 -20.62% FINES AND FORFEITS 150,402 148,904 180,000 157,000 -1.88% LICENSES & PERMITS 1,207,369 987,711 676,250 353,550 -47.72% OTHER REVENUES 275,303 318,713 251,000 260,000 3.59% TRANSFERS 442,186 451,303 473,000 599,600 26.77% TOTAL $ 11,193,531 $ 11,916,719 $ 12,493,450 $ 12,539,050 0.36% `= Market value credit is included in the 2008 & 2009 as part of the Taxes amount and when received is recorded as intergovernmental revenues. 0.336% APPROPRIATIONS SUMMARY 2006 2007 2008 2009 % of % $$ 2008 ACTUAL AMENDED ADOPTED PROPOSED Total Change Increase %of Total General Government MAYOR & COUNCIL $ 168,321 $ 210,150 $ 221,100 $ 168,100 1.29% -23.97% $ (53,000) 1.77% CABLE TV 81,104 92,400 99,250 93,500 0.72% -5.79% $ (5,750) 0.79% ADMINISTRATION 416,012 439,250 457,750 481,150 3.58% 5.11% $ 23,400 3.56% HUMAN RESOURCES - 83,500 156,900 149,450 1.14% -4.75% $ (7,450) 1.26% ELECTIONS 30,169 - 40,850 - 0.00% -100.00% $ (40,850) 0.336% FINANCE 415,880 450,050 434,450 453,300 3.47% 4.34% $ 18,850 3.48% INFORMATION TECHNOLOGY 225,246 237,350 256,250 288,050 2.21% 12.41% $ 31,800 2.05% LEGAL 229,110 249,850 234,700 234,000 1.79% -0.30% $ (700) 1.88% COMMUNITY DEVELOPMENT - 170,300 158,550 178,900 1.37% 12.84% $ 20,350 1.27% PLANNING 375,651 294,450 328,450 419,000 3.21% 27.57% $ 90,550 2.63% BUILDING MAINTENANCE 235;625 245,150 300,000 300,300 2.30% 0.10% $ 300 2.40% CONTINGENCY 17,305 14,000 60,000 65,000 0.50% 8.33% $ 5,000 0.48% ENERGY CITY 32,826 42,300 93,350 91,300 0.70% .2.20% $ (2,050) 0.75% General Government 2,227,249 2,528,750 2,841,600 2,922,050 22.38% 2.83% $ 80,450 22.74% Public Safety POLICE 3,675,270 3,797,250 4,192,050 4,311,100 33.01% 2.84% $ 119,050 33.55% FIRE 631,151 666,300 639,250 682,700 5.23% 6.80% $ 43,450 5.12% EMERGENCY MANAGEMENT 37,346 44,700 52,300 49,150 0.38% -6.02% S (3,150) 0.42% BUILDING & ENVIRONMENTAL 768,679 698,900 807,750 684,250 5.24% -15.29% $ (123,500) 6.47% ENVIRONMENTAL - 88,050 87,150 93,000 0.71% 6.71% $ 5,850 0.70% Public Safety 5,113,446 5,295,200 5,778,500 5,820,200 44.57% 0.72% $ 41,700 46.25% Public Works STREETS 1,096,473 1,292,650 1,196,450 1,452,200 11.12% 21.38% $ 255,750 9.58% SNOW REMOVAL 149,463 304,550 301,600 308,750 2.36% 2.37% $ 7,150 2.41% EQUIPMENT SERVICES 223,937 235,700 280,800 256,650 1.97% -8.60% $ (24,150) 2.25% ENGINEERING 114,030 209,100 174,550 191,300 1.46% 9.50% $ 16,750 1.40% Public Works 1,583,903 2,042,000 1,953,400 2,208,900 16.91% 13.08% $ 255,500 15.64% Culture & Recreation PARK MAINTENANCE 608,362 678,150 668,350 808,900 6.19% 21.03% $ 140,550 5.35% RECREATION 645,277 743,400 781,850 820,100 6.28% 4.B9% $ 38,250 6.26% SR. CITIZEN PROGRAMS 111,774 165,900 201,300 195,050 1.49% -3.10% $ (6,250) 1.61% Culture & Recreation 1,365,413 1,587,450 1,651,500 1,824,050 13.97% 10.45% $ 172,550 13.22% TRANSFERS 688,518 194,600 268,450 283,700 ` 2.17% 5.88% $ 15,250 2.15% TOTAL $ 10,978,529 $ 11,648,000 11 12,493,450 $ 13,058,900 100.00% 4.53% $ 565,450 100.00% n a i T(iT �ntn cn to -on�Atn _rIT<D�tnA�Acn cnvvDn -- pp cn En N c° CD v= 0 CD i m o n CD CD CD =-. o m. n° —m CD m m° S o v m -g w — mmo °mMnc7 3 03 3cDn ° (DmCDCD t — N 0� N O N d =. Ca 7 C7 D n N w 3 r (n 1 61 O m r N ID o CD N .0.. 0 r T T 7, D CD O "0 N t0 O p ... N (p N 0 N O• T O y 3 N N n o cC CD d y 0- N CD y T N CD m N -n CD A O^ N O' d 0 O O O Cn N O T < W CD CD CD to 7 N (7 -. CD CO CD 2 CD 7 < CD T CD y N N CD a N CD m. 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A U U N N VI N U+ A J <nmJao N 2m V eo + m m W + O W U A Of O m No T U U a f O o in m+Jrno o 00 Como O O O O +N a e e a O (JT coo= O 00 O m U W 0090 Como O O O O a e e a W O O O O O O S O a e e d° N fJif V O N V ONS J W UO D U 0 0 �� e N e O O U o 0 0 w N W V N N V f0 O A a i O t0 + W t0 A O A N O U U U O U N O O U N + V + I N c - +_ .O. a9 el;A e� H N V A N V Cl O A V V O O O O N C a O C O O O O O m � o S O o O O O O O p O O DTvvv 3 m m m m c m m m m U + + U W ANO m O N m + O O N W m O O a a e m a m w o+a�mN v m Oi A V m) N W ml t0 U W t0 O V po a d°o A T N U A O + [UT N T b f00 $ e -.R e e w U + O !T W T f0 m O U t0 mtD O m J U OI+N(O VI U a i V a O m N J 02° 2°a o O 4t d N T O O O A m K 0 m Sherburne County AUDITOR/TREASURER DIANE ARNOLD 13880 Business CenterDrive Elk River, MN 55330-4601 763-241-2861111-800-438-05760 Fax: 763-241-2869 Web: www.co.sherburnamn.us September 3, 2008 LoriJohnson City of Elk River Administrator 13065 Orono Parkway Elk River, MN 55330 Dear Lori: RE: TIF District 22 Based upon the information we received on August 28`h, 2008 from Mr. Jason Nord with the Department of Revenue and according to M.S. 469.177 subdivision 13. For the correction of error on TIF 22 for assessment 2007 pay 2008, the TIF District 22 will be corrected with the assessment 2008 pay 2009. Sherburne County Auditor will be utilizing option number four (4) to adjust the tax rates of one or more of the taxing districts imposing taxes in the tax increments financing district for one year to recoup amounts advanced by the county to replace the reduced increments in the previous year. We will be adding together the city, HRA and development district amounts together for a single city correction amount and the county and RR authority amounts for a single county adjustment, the school dist. 728 amount is not combined with any other district as noted in Jason's e-mail that was forwarded to you. In speaking with Jason Nord, since the error was done in one year, it should be recouped in one year. I will be notifying school dist. 728 of this, as it does involve them as well. Sincerely, Diane Arnold Sherburne County Auditor/Treasurer cc: Brian Bensen — County Administrator Lucy Botzek — County Deputy Administrator Sue Richards — Property Tax Manager/Deputy Auditor/Treasurer Tim Simon — Finance Director, City of Elk River Jason Nord — Department of Revenue Michelle Vargas — Manager of Finance School Dist. 728 Chapter 366 - Revisor of Statutes Sec. 12. Minnesota Statutes 2006, section 469.177, is amended by adding a subdivision to read: Subd. 13. Correction of errors. (a) If the county auditor, as a result of an error or mistake, decertifies a district fails to certify a district incorrectly certifies a district or otherwise fails to correctly compute the amount of increment the county auditor may undertake one or more of the following actions to correct the error or mistake: (1) certify the original tax capacity of the affected Qarcels at the appropriate value for a later taxes pavable year and extend the duration of the district in whole or in part, to co=gnate: (2) recertify the affected parcels and extend duration of the district in whole or in part to com ensate; (3) recertify or correct the original tax capacity rate for the district (4) adjust the tax rates of one or more of the taxing districts imposing taxes in the tax increment financing districts for one or more years to recoup amounts advanced by the county or other entitxto the authority to replace the reduced increments,• or (5) take other appropriate action so that the amount of increment compensates for or offsets the error or mistake and correctly reflects application of the law. (b) At least 30 days before exercisingauthority uthoriunder this subdivision the county auditor must notify the authority and the mupicipality in writing of the intent to do so including supporting information to describe reason for the proposed action The authority and municipality may waive the time requirement of this parag_raph If the city or the authority objects before expiration of the 30-dU period the matter must be submitted to the commissioner of revenue for a decision or resolution of the dispute The commissioner of revenue shall consult with the Office of the State Auditor before making a decision. (c) The county auditor must notify the commissioner of revenue and the Office of the State Auditor of corrections made under this subdivision. The notification must be made in the form and manner and at the time prescribed by the commissioner. The commissioner shall incorporate the corrections in the tax increment financing district tax list supplement as appropriate. EFFECTIVE DATE.This section is effective the day following final enactment and applies to all tax increment financing districts. regardless of when the request for certification was made or when the error occurred. Page https://www.revisor.leg.state.=.us/laws/?id=366&year=2008&type=0 6/= MEMORANDUM TO: Mayor and City Council FROM: Tim Simon, Finance Director DATE: September 4, 2008 SUBJECT: 2008 General Fund (through August 31, 2008) The General Fund is where most City services are budgeted. These services include administration, parks and recreation, community development, police, fire e.g. The majority of the funding for these services is through property taxes. Other sources of funding are permits and licenses, charges for services, intergovernmental funding, fines and forfeitures, interest earnings, and transfers from other funds for services provided. Revenues. License and permit revenues are approximately $461,000 lower as compared to last year. The majority of this variance is due to lower permit revenue of approximately $442,000. Permit revenue has slowed in 2008 year-to-date, staff hopes revenues will increase with a few additional commercial projects coming in the next couple of months. Tax settlements are primarily received in July and December of each year. Intergovernmental revenue is behind projections primarily due to the timing of the actual receipt of funds. The majority of state aid funding is received in the second half of the year. Fines, Fees, & Forfeit revenue are down primarily due to court fines revenue being down over the prior year. Expenditures. Expenditures for the first eight months are in line with what was budgeted. The figures below show some functional areas behind budget due to the fact of the timing of capital outlay purchases and seasonal personnel costs. Overall the departments are working together to help offset the shortfalls that may exist in the revenues. The transfers out will be made at year-end once pinewood and ice arena's financial are complete. CITY OF ELK RIVER GENERAL FUND REVENUE AND EXPENDITURES For the Month Ended August 31, 2008 (Unaudited) Expenditures 66% of year Comp. General Government 2008 54.11% $ 2,748,250„ % of 3,447,324 Revenue 08/31/2008 Budget Total Budget Property Taxes $ 4,430,932 48.22% $ 9,189,350 Licenses and Permits 308,343 45.60% 676,250 Intergovernmental 410,747 42.05% 976,900 Charges for Services 518,487 68.03% 762,150 Fines, Fees, & Forfeit 81,982 51.24% 160,000 Other Revenue 122,518 47.90% 255,800 Transfers 438,000 92.60% 473,000 Total Revenue $ 6,311,009 50.51% $ 12,493,450 Expenditures General Government $ 1,487,111 54.11% $ 2,748,250„ Public Safety 3,447,324 59.66% 5,778,500+ Public Works 1,131,015 57.90% 1,953,400 Culture & Recreation 1,045,859 63.33% 1,651,500 Energy City 35,669 38.21% 93,350 Transfers 66,600 24.81% 268,450 Total Expenditures $ 7,213,578 57.74% $ 12,493,450 4,026,474 769,577 411,043 606,500 96,153 173,005 11504,998 3,236,505 1,148, 884 1,047,176 18,508