7.1. SR 12-18-2006
City of Elk River Item Number
REQUEST FOR COUNCIL ACTION
Agenda Section Meeting Date
Administration December 18, 2006 Administrator
Item Description
Consider Adoption for Final 2007 Tax Levy and Budgets for the
General, S ecial Revenue, and Ente rise Funds
Introduction
The City's Truth in Taxation Hearing was held on December 4th at which time the City's tax levy and
budgets were discussed and the public was invited to provide input to the Council. No one in attendance
spoke at the Truth in Taxation hearing. The Council is now asked to adopt the 2007 tax levy and
budgets.
Discussion
Attached is a resolution authorizing a property tax levy of $9, 757,057 for property taxes payable in 2007.
Based on the current net tax capacity data supplied by the Sherburne County Assessor's Office, the City's
tax rate will decrease in 2007 based on the proposed levy.
The Council has reviewed the General, Special Revenue, and Enterprise Fund budgets at previous
meetings, and again at the Truth in Taxation hearing. On December 4 the Council approved adding a
part-time recreation assistant to the General Fund Budget and reducing the Council contingency by
$21,000 to fund this position. The Council did not make changes to any of the other budgets. The
budgets are proposed as follows:
General Fund
Special Revenue Funds
Library
Ice Arena
Pinewood Golf Course
Equipment Certificate
Sanitary Landfill
Safety
Storm Sewer
$11,605,750
$ 62,800
$ 845,150
$ 234,600
$ 343,400
$ 199,050
$ 33,800
$ 100,000
Enterprise Funds
Sewer
Garbage
Liquor
Revenue
$2,253,400
$1,171,500
$6,054,850
Expense
$1,981,000
$1,139,800
$5,730,250
Net Effect
$ 272,400
$ 31,700
$ 324,600
S:\Council\Lori\2006\Final2007 budget adopt 12 018 06.doc
Attachments
. Resolution authorizing the Property Tax Levy for Collection in 2007.
. General Fund
· Source of Funds
· Appropriations Summary
(N ote: Special Revenue and Enterprise funds are not included as those have been
distributed previously. Please contact me if you would like a copy of these
budgets.)
Action Requested
Council is asked to approve the attached resolution authorizing the Property Tax Levy for collection in
2007 and approve the General Fund, Special Revenue Fund and Enterprise Fund budgets in the amounts
stated above.
Council Action
Motion by _
Second by _
Vote
Follow Up
S:\Council\Lori\2006\Final2007 budget adopt 12 018 06.doc
RESOLUTION 06 -
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
FOR COLLECTION IN 2007
WHEREAS, the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2007; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2007; and,
WHEREAS, the Elk River City Council has held a public hearing and received
public input on the tax levy.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following amounts be levied as property taxes payable in 2007.
General Fund
Library
Surface Water Management
City Special Assessments
1994 Storm Sewer Bonds
2005 Improvement Bonds
2007 Certificate of Indebtedness
2006 Certificate of Indebtedness
2005 Certificate of Indebtedness
Public Safety Lease Revenue Bonds
Economic Development Tax Abatement
TOTAL
hm
$ 8,263,032
150,000
100,000
19,255
117,716
85,900
120,000
84,719
161,335
634,359
20,741
$9,757,057
Passed and adopted by the City Council of the City of Elk River this 18th
day of December, 2006.
Stephanie Klinzing, Mayor
ATTEST:
Joan Schmidt, City Clerk
2007 Final Levy Resolution
SOURCE OF FUNDS
2004 2005 2006 2007
ACTUAL ACTUAL ADOPTED PROPOSED
GENERAL TAX $ 4,905,845 $ 5,770,666 $ 7,280,500 $ 8,313,000
INTERGOVERNMENTAL REVENUES 851,580 1,303,828 938,650 920,150
CHARGES FOR SERVICES 900,920 947,673 700,850 789,200
FINES & FORFEITS 153,276 164,216 159,500 159,500
LICENSES & PERMITS 1,249,845 1,240,338 870,700 870,700
OTHER REVENUES 90,256 174,253 82,200 132,200
TRANSFERS 428,869 502,635 564,150 421,000
USE OF RESERVES
TOTAL $ 8,580,591 $ 10,103,609 $ 10,596,550 $ 11,605,750
GENERAL TAX
Ad Valorem Tax
Gravel Tax
$ 8,263,000
50,000 $ 8,313,000
INTERGOVERNMENTAL REVENUES
Local Government Aid
PERA Aid
Police Relief
Urban Street Maintenance
Police Training Reimbursement
Other Grants (COPS)
686,800
11,500
168,000
36,000
9,000
8,850
920,150
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
1,500
PUBLIC SAFETY
School Liaison
Police Contracts/Fees
Lockout Fees
Impound Fees
Fire Calls & Contracts
45,000
6,000
10,000
2,500
146,700
PUBLIC WORKS
Street Services
28,000
RECREATION
Recreation Fees
Concessions
Building Rent
Park\Facility Fees
120,000
30,000
2,400
5,500
789,200
FINES & FORFEITS
Court Fines
Parking Fines
LICENSES & PERMITS
PERMITS
Building Permits
Building Permit Surcharge
Plumbing & Heating Permits
Electric Permits
Other Non-Business
LICENSES
Animal
Cigarette
Liquor
Amusement
Garbage Haulers
Mineral Extraction
Apartment Licenses
Other Business
OTHER REVENUE
Interest
Refunds & Reimbursements-ERMU
Contribution-Guardian Angels
Miscellaneous Revenue
TRANSFERS
Liquor
Capital Outlay Reserve
Landfill
Street Reserve
NSP/RDF Reserve
Drug Forfeiture
Sewer
Utilities
Economic Development Authority
Housing & Redevelopment Authority
TOTAL REVENUES
SOURCE OF FUNDS
155,000
4,500
625,300
1 ,400
138,800
200
6,000
2,000
3,000
50,250
1 ,400
850
13,500
15,000
13,000
100,000
25,500
3,700
3,000
195,000
35,000
39,500
20,000
105,000
17,000
9,500
159,500
870,700
132,200
421,000
$ 11,605,750
12/11/2006
APPROPRIATIONS SUMMARY
2004 2005 2006 2007
ACTUAL ADOPTED ADOPTED PROPOSED
General Government
MAYOR & COUNCIL $ 169,618 $ 195,150 $ 200,950 $ 210,150
CABLE TV 61,685 117,850 88,700 92,400
ADMINISTRATION 381,642 408,900 420,650 439,250
HUMAN RESOURCES 83,500
ELECTIONS 30,551 1,450 35,900
FINANCE 381,416 464,500 508,300 450,050
INFORMATION TECHNOLOGY 147,675 200,200 256,700 237,350
LEGAL 194,926 219,400 242,450 249,850
COMMUNITY DEVELOPMENT 170,300
PLANNING 315,108 374,050 442,350 294,450
CITY HALL 143,937 180,200 211,300 245,150
CONTINGENCY 156,704 100,000 110,000 89,000
ENERGY CITY 12,831 18,100 40,000 42,300
General Government 1,996,093 2,279,800 2,557,300 2,603,750
Public Safety
POLICE 2,827,750 3,081,000 3,543,850 3,745,150
FIRE 505,909 523,950 625,350 627,750
EMERGENCY MANAGEMENT 23,536 23,900 42,300 43,100
BUILDING & ENVIRONMENTAL 669,039 710,750 743,700 673,900
ENVIRONMENTAL 88,050
Public Safety 4,026,234 4,339,600 4,955,200 5,177,950
Public Works
STREETS 746,285 794,650 930,100 1,292,650
SNOW REMOVAL 121,340 250,350 255,200 304,550
EQUIPMENT SERVICES 279,480 278,600 270,250 235,700
ENGINEERING 83,941 105,000 188,000 209,100
Public Works 1,231,046 1,428,600 1,643,550 2,042,000
Culture & Recreation
PARK MAINTENANCE 400,177 390,000 535,250 678,150
RECREATION 495,937 600,950 649,350 743,400
SR. CITIZEN PROGRAMS 89,925 96,450 110,750 165,900
Culture & Recreation 986,039 1,087,400 1,295,350 1,587,450
TRANSFERS 105,860 148,700 145,150 194,600
TOTAL $ 8,345,272 $ 9,284,100 $10,596,550 $11,605,750