The URL can be used to link to this page

5. SR 12-03-2007Elk REQUEST FOR ACTION River To Item Number Ci Council 5• Agenda Section Meeting Date Prepared by Truth in Taxation December 3, 2007 Lori ohnson, Ci Administrator Item Description Reviewed by Truth in Taxation Public Hearing Reviewed by Action Requested Presentation of the budget and tax levy to the public including information on the city's tax levy and budgets after which the Council is required to hold a public hearing to take public input on the tax levy and budget. Background/Discussion All of the budgets and the tax levy have been discussed in detail by the Council at several public meetings starting in June with adoption of the proposed budget and tax levy in September. Prior to opening the truth in taxation hearing, Finance Director Tun Simon and I will give a presentation on the proposed tax levy, the estimated tax rate, the general, special and enterprise budgets, and other related tax information. Anyone in attendance will then be invited to comment on the budget or tax levy during the public hearing. At least year's public hearing, a video produced by the League of Minnesota Cities, the Association of Minnesota Counties, and the Minnesota School Board Association entitled "14 Reasons Why Property Taxes Go Up and Down," was shown. Two informational bulletins were produced in conjunction with the video, one with the same title and one titled the Guide to Minnesota's Property Tax System. These provide excellent information to the public about their property taxes. Both are attached and copies will be available to the public at the meeting. At the Truth in Taxation Hearing, we will be talking only about the city's share of property tax, which is about 30% of the total property tax paid by most taxpayers. (This percentage varies depending upon the classification and value of the property.) Individual property values and changes in property values will not be addressed at this meeting. Any questions property owners have about their property value should be directed to the county assessor or brought to the annual Board of Equalization meeting in the spring. The city property tax for property owners whose property value did not change will decrease in 2008. The tax rate is proposed to decrease from 43.056 to 42.530. The amount payable to special taxing districts will increase because the referendum for the YMCA is payable to the EDA and is included under special taxing districts. There are a two outstanding General Fund budget items to be addressed by the Council after the public hearing. First, the Council recently heard a request from the Elk River Area Arts Alliance fora $15,000 S:\Council\Lori\2007\Tnxth in Taxation PH.doc contribution in 2008, $5,000 more than the amount in the proposed budget. Before adoption of the final budget, the Council should act on that request. Second, in November the Council authorized an increase in the flexible spending account contribution for employees. The additional benefits cost will be offset by budget reductions; however, the exact budget reductions will not be determined until the additional benefit cost is known around December 10. Neither of these two budget requests will affect the total of either the tax levy or the General Fund budget because any budget increase will be offset by a budget reduction. Below are highlights of the information that will be presented at the Truth in Taxation hearing: ^ Estimated tax rate based on proposed levy - 42.530% o This is a decrease from last year's tax rate of 43.056% o The city's net tax capacity is estimated by Sherburne County to increase 11.65% to 25,302,506 ^ Proposed levy - $10,761,311 o Increase of $1,004,254 ^ Proposed General Fund budget - $12,493,450 o Increase of $887,700 o Revenues by Source ^ Taxes - 73.6% ^ Intergovernmental Revenues - 7.8% ^ Charges for Services - 6.1% ^ Fines and Forfeits -1.3% ^ Licenses & Permits - 5.4% ^ Other Revenues - 2.0% ^ Transfers - 3.8% o Expenditures by Category ^ General Government - 22.9% ^ Public Safety - 46.1% ^ Public Works -15.6% ^ Culture & Recreation - 13.2% ^ Transfers - 2.2% o Expenditure Allocation ^ Personal Services - 71.3% ^ Supplies - 8.1 ^ Other Charges & Services - 16.0% ^ Capital Outlay - 2.5% ^ Transfers Out - 2.1 Attachments ^ Truth in Taxation presentation handout ^ Sample parcel specific notice ^ General Fund Source of Funds ^ General Fund Appropriations Summary S:\Council\Lori\2007\Tmth in Taxation PH.doc General Fund Expenditure Summary Handouts from League of Minnesota Cities o "Fourteen Reasons Why Property Taxes Vary From Year to Year" o "Who Does What? A Guide to Minnesota's Property Tax System" ^ General, Special Revenue, and Enterprise Budgets have been distributed previously and are not included. If you would like a copy, please contact Tim Simon or me. Action Motion by Second by Vote Follow Up S:\Council\Lori\2007\Truth in Taxation PH.doc CITY OF ELK RIVER TRUTH IN TAXATION PUBLIC HEARING DECEMBER 3, 2007 Presentation Overview ^ Summary of Budget Process ^ Proposed Tax Lecy ^ Budget Overview ^ General Fund ^ Special Revenue ^ Enterprise ^ Public Hearing -receive comments from public ^ Announce date of next budget meeting 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 20081evy and budget 1 ~.,~:=-.. ~..~_..F_~~ ems.. _ ~~ :,~-..,~::a~.:.-~:.~:.. r w- ~__ __ ~~_ - ~; Proposed Maximum Tax Levy for Taxes Payable 2008 ^ Genera] Fund $ 9,139,350 • Library 78,350 ^ Surface Water Mgmt. 100,000 ^ Debt 712,003 ^ Public Safety Building 634,440 ^ F_conomic Development 97 168 ^ TUTAL X10,767,311 2008 Tax Levy by Use Surface Warcr Debi F°blic Safery Mgml Building I.V% 6.6'% 5.9'% Library Economic 0.7"/0 Developma 0.9'% General F 84.9% 2 Tax Levy Comparison 2006 - 2008 Debt Pubic Sakry Erommic Suhca Waror Library Gerenl FuM 9upbg Dewbpnart Marmgemert Tax Rate Comparison 2006 - 2008 45.000% 43.929% ^ 2006 ^ 2007 3.056°% ^ 2008 42.53""/0 40.000% lax Rate Property Tax Change Payable 2007 Proposed 2008 ^ Tax Rate - 43.056% ^ Tax Rate - 42.530% ^ Lecry - $9,757,057 ^ Levy - $10,761,311 ^ Total Taxable Tax Capacity -22,661,722 (10.29 ;'o Increase) ^ Total Taxable Tax Capacity - 25,302,506 (11.65:~o Increase) 3 Property Tax Rates ^ Actual 2007 ^ Proposed 2008 ^ City 43.056 ^ City 42.530 ^ ~EDA Leib ^ EllA 1.SGA FiRA 1.164 • F~0L4 1.?4G ^ Ref.rv~~ .01436 ^ County 40.720 ^ County 41.645 Rxil 7.131 • Rxil 7.161 ^ School 33208 • School 32.99) ^ Ref. .14364 • Ref1 i9AG ^ TOTAL 120.88) ^ TOTAL 121.14) ~~'~ General Fund Budget ^ Adopted 2007 $11,605,750 ^ Proposed 2008 12,493,450 ^ Increase 887,700 7.65% General Fund Revenues ^ Taxes $9,189,350 ^ Intergovernmental 976,900 ^ Charges for Sen7ce 766,950 ^ Fines and Forfeits 160,000 ^ L,icenses & Perrriits 676,250 ^ Other Revenues 251,000 ^ Transfers In 73 00 ^ TOTAL REVENUES $12,493,450 4 Proposed 2008 General Fund Revenues by Source Texor 73.6% ~."v, ~ Chefges for ~rvi 6.1% Finor~ L3% ~'/ r pY ..... f;`.~'~I'K.~. 3 ~(.~ A t~ ~. -~_...._ `_Transfers Licensor &..._... 3.R% Parmib Other Revenue Intgvtl Revenue 5.4% x4% 7.8% Change in General Fund Revenues by Source $lo,ooo,ooo $9,000,000 $8,000,000 " $7,000,000 "- $6,000,000 " §5,000,000 ' ®2007 $4,000,000 ' ^ 2008 $3,000,000 $2,000,000 $3,000,000 "' F». _'i $O Tsse< llmiwts NaroW $eVl(CS Rnes ONer Tra~ulrs Om of R C~9s Resnv< D mib Proposed 2008 General Fund Expenditures by Category ^ General Government $2,860,600 ^ Public Safety 5,761,550 ^ Public Works 1,951,800 ^ Culture & Recreation 1,651,050 ^ Txansfexs Out 268 450 ^ TOTAL EXPENDITURES $12,493,450 5 Proposed 2008 General Fund Expenditures by Category Public sahry 4&1% T ~''~ Public Woyka ..~F~ ''~ 15.6% ~~~~ 3/J General Govetnlnent Culture T2.9% Recreation TrenP(en Out 13.2% 2.2% Changes in Expenditures by Category $6,000,000 ;5,000,000 $4,000,000 $3;000,000 ®2007 ^ 2008 $z,ooo,ooo $i,ooo,ooo $O Mnl ~PUblk Puhlia Cukwa & CePita~ Tnrmhn Geovl. eahry Worte Raareatl•n allay Proposed 2008 General Fund Expenditures by Type • Personal Service $8,907,100 • Supplies 1,007,550 • Other Services & Charges 1,999,050 • Capital Outlay 311,300 • Transfers Out 268,450 • TOTAL EXPENDITURES X12,493,450 6 Proposed 2008 General Fund Expenditures by Type Personal Services 73.3ah L,. __.. ~. ;,.~ ~~ ;SUpplias 8.1% Tranatars Capital outlay zip z.swa oma serPi~ a ch4s S6.OWs Change in Expenditures by Type $9,000,000 58,000,000 ', ;7,000,000 '.,. ~. $6,000,000 ': +`s::. $5,000,000 $4,000,000 ' ®2007 53,000,000 ' ^ 2008 ;2,000,000 51,000,000 50 Personal SuPP6as Other Capital Transfers Services SeMces ® Outlay Chga New Positions To Be Added in 2008 (General Fund) ^ Code Enforcement Officer -Building Department (1300 hours max.) ^ LT. Support Specialist (Part Time position replacing intern) ^ Patrol Officer (open due to adding Liaison Officer) ^ Energy Coordinator -Energy City (Part Time) 7 General Fund Full Time Equivalent Employees (FTEs) Deo;trtmenr # of FTEs ~ r m # Of FTES .'ldministrttion 5.0 Community Development ?.0 Building c).1 Planning - 3.0 F.nvironmenrnl 2.0 Engineering 2.0 Cahle TV 1.5 Police 40.11 Human Resources ?.0 Energy City .5 Finance ~? Senior Citizen Pmgrims ?.4 IT 2.5 Streets 15.5 Fire 4.3 Parks 7.5 Building Maintenance 8.0 Recreation 7.0 Total General Fund ?008: 118.5 Total General Fund ?007: 116.0 Special Revenue Funds ^ Library $ 86,350 ^ Ice Arena* 976,250 ^ Pinewood** 280,400 ^ Sanitary Landfill 264,500 ^ Storm Sewer 105,000 ^ Safety 39,250 Clndudes transfers of 5134,850 from G enecal Fund & St(%I,fllu) fmm Liquor Fund "Includes rcansfer of $fi7,?INI from General Fund Special Revenue Funds Full Time Equivalent Employees (FTEs) # of FTEs Department 2007 2008 EDA/HRA 2.0 2.0 Ice Arena 3.2 3.2 Pinewood 3.5 3.5 Total 8.7 8.7 Enterprise Funds Net Revenue Ex ense Effect ^ Sewex - $2,018,600 $6,49'0,250 $(4,471,650) ^ Garbage - 1,240,100 1,232,300 7,800 ^ Liquor - 6,235,400 5,888,600 346,800 (see detail for stores) Enterprise Funds (Continued) Revenue ^ Northbound - $4,311,200 Liquor ^ Westbound - $9,924,200 Liquor a nse Cost of Sales $3,063,550 Operating 901.250 Tonal $3,965,100 Cost of Sales $1,376,200 Operating 547.300 Total $1,923,500 New Positions to be Added in 2008 (Enterprise Funds) ^ Liquor Clerk (Full Time beginning 7/1/08) 9 Enterprise Funds Full Time Equivalent Employees (FTEs) # of FTEs Department 2007 2008 Sewer 6.2 6.2 Liquor 13.0 14.0 Total 19.2 20.2 Public Input ^ Open Public Hearing ^ Request public input ^ Announce date and time of continuation hearing, if necessary Conclusion ^ City Council will adopt the 2008 tax levy and budget at the next regular City Council meeting (December 17, 2007) 10 Sherburne County Auditor/Treasurer to x,.~,... ~• ,~~~,, o ~. ;~• ~~-~ ~ ~',,f~ ~ ~.._.7~~ ~'~`' Diane Arnold t'- ~ z '~~y/ ` ' . -~ 7 '~"t ~" p~srvsr t:o• :•Es 13 B 8 0 Hwy 10 Elk River MN 55330 4 ~~ y *~ ~ ~ ~ ~~ ~~ ~)2 ifvi s V 1 5 24 $ i P~ 75~ P '' • j~ u ~ • + J ,•~ • . ,• Q00432 ~ ~ c „~ illr=.ILED Ft~0ilf1 Z1PCc~.DE 55~r 75-682-0314 TaxAayer # 74011 ~~~~~7~i ~s~~~~ t,t,l,r1.trr~li„rilrll~„~ir,I„t.l,.t~l,~t!l,t,lrt~ti,,,t,tt Your Proposed Property Tax for 2008 Tne taxable market values tar property lox This is Not aBill - Do Not Pay ! 2007 2008 payable in 2t)OS were sent to you in the spring Sherburne County of 24D7. The period to diswss possible ~- changes has passed and changes can no longer P[Operty be made to year properly valuation, It is Ciass[esi RES . HS S . HS'1'D indudad here for your mftxmetion only. TROTT BROOK FP.RMS SFsVENTH ADDITION Sec:35 Twp: 33.0 Rg:26 Lot:7 ]31k:3 Acres .42 `~ - TazabloMAtvaluo 281,400 281,400 New Imp 0 0 :Tax Cap.Value 2, 824 2, 814 .Your local unhs of government have proposed the amount . of property taxes that they wifl need for 2008. Column l1 i , shows. your actual 2007 property taxes. Column l2i shoals what your 2008 property taxes will be if your local jurisdictions approve the property tax amounts they are . .,:.;;~..~:;:::::>::r:<;;:<>.:<:.>::.;~:.:. ................ £..} - • ..::... .::..:.:::..:.::.. ... .......,::.:... ...... now considering. Any upcoming referendums, legal ,.::::,::::.,~.;;:av,:: ~ .) . it ....... r a roved le m •:4~, ments net ral disasters, v to pp Y ud V R >:;: 1 9 ~ :~ a:s;: ; • <~«i :;n::<;:.;:~.:::..<,..,,.t.:..::,:::.::.:..; :>2~~"•~::.;:::•s::..::.<::,.P,'~c'ostcd:~2f,3,,p.:::•:,:•...::. a • is ecial assessments could change then ..>..1ktr;[U~~... ,.p.,,,.; increas s, o p >f~>~ .s.<..: • ~• >;»><<:; ::~; <{<'•''VPr a d l b ' ;T~z h " ;:.:e. s,..::...:.::.~,:.,.::•::.::::~;;:::;:;::.:•...:.,.:.:»; :,,.. e , >::,:.:::.>:.:;:~;::::<•::.::::::,.::::::..P..Fit ;; ;>;> ~ ri~v~ = : o :.TeX :...:...:............ oar .::.:::.,>::::>: issioners sc oo . amounts. Your oounty comm , ,.; ; :.;:z: :: :s>:: city council (if your property is Iecated in a city over 500 Sherburne County 1, 205.47 1,130.89 population) will soon be holding public meetings to discuss their proposed 2008 budgets and proposed 2008 property "'--'-"`~ ELK RIVEP. CITY 1, 268.88 1,154.94 taxes. )The school board will discuss the 2007 budget). r State Genera) Tax:' • 00 ' 00 You ere f^vk°d to.et!erd these msa#irgc *.~ :xprsss ~r School District: 728 opinion. The meeting places and times are listed on the Voter approved levies: 1, 048.95 1, 001.89 bottom of the page. Other local levies: 256.69 315.92 Also shown are the addresses and telephone numbers for ~6 148 Special Taxing District: 106.01 • these local units of government i# you have comments or Tax Increment lax: • 0 0 •0 ° questions concerning the proposed property tax amounts Fecal Disparity Tax: . 00 • 00 shown on this notice. No meeting is required If a local unit of government is not lncreasino. its property taxes for 200E Total excluding 3 , 686 .00 3 , 752.00 or if its increase is'nat above the rata of inflation. There is special assessments: also no public hearing on the state genera) :ax. Percent change: .. Sufi etaitBSax•Mi:arin sfEoisa q s:andDates`::.; :•~:'a:::':;:.::::: ,: 1 . 8 eNuritfseis9;'::.::;`:.";;-.'.::::r.::.:::<.::~ .:•: : 3Via s U Sherburne County CO BOARD RNE SHERB 6:30 P.M. DEC 6 THUR ' 13 8 6 0 IiWY • 10 MST 55330 ELK RIVER S ROOM COMMISSIONER , 763-241-2702 GOVERNMEED7T CENTER ELK RIVER MN 55330 ELK RIVER CITY "' STEPH_ArIIE KLINZING, M.~YOR 6:30 P.M. DEC 3 MON CITY H_~I,L 13065 ORONO PKW CITY HALL ELK RIVER, MN 55330 23065 ORONO PARKWAY 763-635-1009 ELK RIVER MN 55330 MICHELLE VARGAS, FIN OFF ELK RIVER 7:00 P.M. DEC 4 TUE 815 HIGHWAY 10 SCHOOL DISTRICT OFF ELK RIVER, MN 55330 815 HIGHWAY 10 763-241-3437 ELK RIVER MN 55330 ~ I Thies t~ tUnt a Bifl - Do Not Pav ~ tintltrp-09/11!07 SOURCE OF FUNDS 2005 2006 2007 2008 ACTUAL ACTUAL ADOPTED PROPOSED GENERAL TAX $ 5,770,666 $ 6,967,985 $ 8,313,000 $ 9,189,350 INTERGOVERNMENTAL REVENUES 1,303,828 1,314,482 920,150 976,900 CHARGES FOR SERVICES 947,673 835,804 789,200 766,950 FINES & FORFEITS 164,216 150,402 159,500 160,000 LICENSES & PERMITS 1,240,338 1,207,369 870,700 676,250 OTHER REVENUES 174,253 275,303 132,200 251,000 TRANSFERS 502,635 442,186 421,000 473,000 USE OF RESERVES - - TOTAL $ 10,103,609 $ 11,193,531 $ 11,605,750 $ 12,493,450 GENERAL TAX Ad Valorem Tax $ 9,139,350 Gravel Tax 50,000 $ 9,189,350 INTERGOVERNMENTALREVENUES Local Government Aid 686,800 PERA Aid 14,000 Police Relief 210,000 Urban Street Maintenance 36,500 Police Training Reimbursement 10,000 Other Grants 19,600 976,900 CHARGES FOR SERVICES GENERAL GOVERNMENT Planning & Zoning Fees 25,000 Plan Check Fees 260,000 Contractor License Surcharge 1,500 Sewer Inspection Fees 10,000 Miscellaneous Sales 5,000 Assessment Searches 1,000 PUBLIC SAFETY School Liaison 75,000 Police Contracts/Fees 5,500 Lockout Fees 8,500 Impound Fees 2,750 Fire Calls & Contracts 182,500 PUBLIC WORKS Street Services 28,000 RECREATION Recreation Fees 130,000 Concessions 19,500 Building Rent 7,900 Senior Citizen membership 4,800 766,950 SOURCE OF FUNDS FINES & FORFEITS Court Fines Parking Fines 155,000 5,000 160,000 LICENSES & PERMITS PERMITS Building Permits Building Permit Surcharge Plumbing & Heating Permits Electric Permits Other Non-Business NPDES Permits Parking Permits LICENSES Animal Cigarette Liquor Amusement Garbage Haulers Mineral Extraction Apartment Licenses Other Business 410,250 1,400 140,000 200 10,000 12,400 5,600 2,000 3,500 50,250 1,000 1, 800 9,000 15,850 13,000 676,250 OTHER REVENUE Interest Refunds & Reimbursements-ERMU Contribution-Guardian Angels Miscellaneous Revenue 200,000 45,000 3,000 3,000 251,000 TRANSFERS Liquor Landfill NSP/RDF Reserve Sewer Utilities Economic Development Authority Housing & Redevelopment Authority 226,000 35,000 39, 500 41,000 105,000 17,000 9,500 473,000 TOTAL REVENUES $ 12,493,450 APPROPRIATIONS SUMMARY 2005 2006 2007 2008 % of % $$ 2007 ACTUAL AMENDED ADOPTED PROPOSED Total Change Increase °/ of Total General Government MAYOR & COUNCIL $ 188,282 $ 200,950 $ 210,150 $ 221,100 1.77% 5.21% $ 10,950 1.81% CABLE TV 75,465 88,700 92,400 99,100 0.79% 7.25% $ 6,700 0.80% ADMINISTRATION 480,144 420,650 439,250 457,000 3.66% 4.04% $ 17,750 3.78% HUMAN RESOURCES - - 83,500 156,400 1.25% 87.31% $ 72,900 0.72% ELECTIONS - 35,900 - 40,850 0.33% #DIV/0! $ 40,850 0.00% FINANCE 457,081 508,300 450,050 433,350 3.47% -3.71% $ (16,700) 3.88% INFORMATION TECHNOLOGY 169,900 250,700 237,350 255,400 2.04% 7.60% $ 18,050 2.05% LEGAL 218,033 242,450 249,850 234,700 1.88% -G.06% $ (15,150) 2.15% COMMUNITY DEVELOPMENT - - 170,300 182,000 1.46% 6.87% $ 11,700 1.47% PLANNING 348,262 451,950 294,450 327,400 2.62% 11.19% $ 32,950 2.54% CITY HALL 194,199 211,300 245,150 300,000 2.40% 22.37% $ 54,850 2.11% CONTINGENCY - 82,400 89,000 60,000 0.48% -32.58% $ (29,000) 0.77% ENERGY CITY 14,073 40,000 42,300 93,300 0.75% 120.57% $ 51,000 0.36% General Government 2,145,439 2,533,300 2,603,750 2,860,600 22.90% 9.86% $ 256,850 22.43% Public Safety POLICE 3,240,760 3,567,850 3,745,150 4,181,300 33.47% 11.65% $ 436,150 32.27% FIRE 546,424 632,000 627,750 638,600 5.11% 1.73% $ 10,850 5.41% EMERGENCY MANAGEMENT 22,668 42,300 43,100 52,250 0.42% 21.23% $ 9,150 0.37% BUILDING & ENVIRONMENTAL 727,724 815,400 673,900 802,700 6.42% 19.11% $ 128,800 5.81% ENVIRONMENTAL - - 88,050 86,700 0.69% -1.53% $ (1,350) 0.76% Public Safety 4,537,576 5,057,550 5,177,950 5,761,550 46.12% 11.27% $ 583,600 44.62% Public Works STREETS 926,853 930,100 1,292,650 1,196,450 9.58% -7.44% $ (96,200) 11.14% SNOW REMOVAL 165,996 255,200 304,550 301,600 2.41% -0.97% $ (2,950) 2.62% EQUIPMENT SERVICES 255,677 270,250 235,700 279,500 2.24% 18.58% $ 43,800 2.03% ENGINEERING 67,165 163,000 209,100 174,250 1.39% -16.67% $ (34,850) 1.80% Public Works 1,415,691 1,618,550 2,042,000 1,951,800 15.62% -4.42% $ (90,200) 17.59% Culture & Recreation PARK MAINTENANCE 452,504 535,250 678,150 666,950 5.34% -1.65% $ (11,200) 5.84% RECREATION 663,329 649,350 743,400 783,450 6.27% 5.39% $ 40,050 6.41% SR. CITIZEN PROGRAMS 101,484 110,750 165,900 200,650 1.61% 20.95% $ 34,750 1.43% Culture & Recreation 1,217,317 1,295,350 1,567,450 1,651,050 13.22% 4.01% $ 63,600 13.68% TRANSFERS 150,902 170,150 194,600 268,450 2.15% 37.95% $ 73,850 1.68% TOTAL $ 9,466,925 $ 10,674,900 $ 11,605,750 $ 12,493,450 100.00% 7.65% $ 887,700 100.00% GENERAL FUND EXPENDITURES 2005 - 2008 $7,000,000 ~I $6,000,000 $5,000,000 $4,000,000 I $3,000,000 ~t $2,000,000 ~ ~ I $1,000,000 $ General Government ^ 2005 I ~ ^ 2006 '~ ^ 200711 [32008!I I _ ~~ _~ -J I Culture & Transfers Recreation 11!29/2007 Public Safety Public Works 2008 Budgi Dther Sves. & Charges General Government City Council Dollar Change Peroent Change Cable N Dollar Change Percent Change Administration Dollar Change Percent Change Human Resources Dollar Change Percent Change Elections Dollar Change Percent Change Finance Dollar Change Percent Change Information Technology Dollar Change Percent Change Legal Dollar Change Percent Change Community Development Dollar Change Percent Change Flanning Dollar Change Peroent Change City Hall Dollar Change Percenr.Change Council Contingency Dollar Change Percent Change Energy City Dollar Change Percent Change Total General Government $ Percent of General Government Percent of Total General Fund Percent of Expend. Category Percent Increase Amount of Increase (Decrease) $ 43,450 3,200 174,4b0 (50J - 11.000 -0.71% 0.00% 6.73% 95,600 2,100 1,400 7,600 (1,350) 450 8.64% -39.13% 4737% 406,2b0 13,400 37,750 16,400 4,000 (2,850) 4.21% 4255% -6-63% 145,550 3,150 7,700 70.500 2.950 (550) 93.94% 1475.00% -6.67% 30,000 7,000 3,860 30,000 7,000 3,850 #DIV/01 #DIV/0! #DIV/0I 339,500 5,800 88,090 (23.650) (700) 7,650 -6.51% -10.77% 951% 168,360 27,600 29,550 17,350 (4-800) (8,500) 11.49% -14.86°6 -22.34% - - 234,700 (192450) (5,3001 182.600 -100.00% -100.00% 350.48% 178,7b0 250 - .3,000 11,700 - - 7.00% 0.00% 0.00% 258,850 7,550 61,000 13, 750 2.400 77.400 5.35% 46.60% 39.91% 130,2b0 36,200 101,550 15,900 10,200 (3,250) 1390% 39.23% -3.10% - - 60,000 _ - (29-000) -32.58 62,800 - SO,b00 50,500 - 500 410-57% 1-67 % 30,000 14,000 32,000 32,000 Total Servlces 221,100 43,600 70, 950 5.21% 000% 99,100 88,000 6,700 3,850 7.25% 4.58% 467,000 389,860 17,750 29.200 4.04% 8.70% 156,400 76,050 72,900 75,050 8731 % #DIV/01 40,860 - 4Q,850 (30,000) #DlVlO~ -10000% 433,350 363,150 /16, 700) (64,100) -3.71% -1500% 2b5,400 161,000 18, 050 13, 500 7.60% ~ 9-82% 234,700 192.450 (75.150) 8,400 -6.06°% 4.56% 182,000 167,060 11, 700 167,050 6.87% #DIV/0! 327,400 246,700 32,950 (144,550) 1f. i9% -37.04% 300,000 114,360 54,850 30800 22.37% 36.86% 60,000 (29, 000) 32 58 % 3,200 0.00% 3,4b0 (50) -1.43% 9,400 (3, 600) -27.69% 200 200 #DIV/0' (3,400) 100.00% 6,500 (1,250) -16.13% 32,300 (1,550) -0-58% 5,300 0 00 260 250 #DIV/O! 5,1b0 (4, 600) 47 iR% 26,000 2, 500 10.64% 93,300 12,300 - 51,000 (1,700) - 120.57% -12.14% 860,600 S 1,842 400 $ 91,760 $ 109.86% 70.76% 3.52% 24.65% 15.87% 0.79% 22.90% 22.00% 9.40% 9.86% 4.99% -11.14% 256.850 $ 87,500 $ (11,500) $ 71.41% 4.08% 32.00% 2.38% 16.02% 0.91% 7.18% 0.53% 20.87% 10.54% 41.67% 10.69% 0.92% 15.69% 27.46% 287.50% 16,950 $ 14,400 $ 179,500 $ 46,000 $ City of Elk River General Fund Expenditure Summary Data 2007 Adopt onal Other Sves. Suoolies & Charges 163,450 - 9, 200 5.96% 950 - (100) - -9.52% 40,000 - (7. 006) - -14.89% 8,250 - 8.250 - #DIV/0! (2, 500) -100.00% 80,400 - 7,f00 - 9.69% 38,060 16,000 4,250 (28,550) 1257% 52,100 (7, 000) -1.88% 3,000 - - - 3.000 #DIV/0.~ 43,600 - 1,250 (9,600) 2.95% 104,800 - 5.550 (5,000) 5.59% 89,000 6.600 8.01 30,000 - 4.000 } 5.38% 663 600 E 76,000 $ 25.10% 0.61% 5.63% 0.14% 39.19% 2.72% 6.28% -73.40% 38,600 $ (44,150) $ 2006 Amended Personal Other Svcs. C.O. Total Services Su lies S Char es Transfers Total 21Q160 63,600 3,200 154,260 - 200,960 ` 9, 200 - - 5.800 - 5, 800 4.58% 0.00% 0.00%. 3:91% 2.97:5 92,400 84,150 3,500 1,050 - 88.700 3,700 (22-650) (5.900) (600) - (29, 750) 4.17% -21.21% -62.77% -36.36% -24.73% 439,250 360,660 13,000 47,000 - 420,660 18,600 19,250 2750 (3,750)1'. (6.500) 11,750 4.42% 5.64% 26.83% -7-39%' 2.87% 83,500 - - - - - 83,500 - - - - - #DIV/0' #DIV/0! #DIV/01 #DIV/0! #DIV/0! - 30,000 3,400 2,b00 - 36,900 (35,900) 30.000 3;40L 1,050 - 34,450 -100.00% #0!V/01 kOfV/C 72.41% 2375.86% 460,050 417,250 7,7b0 73,300 - 508,300 (58,250) 39,800 (3,700) 7,700 - 43.800 -11.46% 10.27% -32.31% 11.74% 9.43% 237,360 137,600 33,Sb0 33,600 45,560 250,700 (13,350) 8,150 (3,000! 13,800 37.550 50.500 -5.33% 6.30% 814%.... 69-00% 25.22% 249,860 184,050 5,300 53,100 242,450 7,400 22.750 2000 (1,700) - 23,050 3.05% 14.10% 60-61% -3.10% 70.51% 170,300 ' - 170300 - - - - - #DiV70! #DIV/Dl #DIV/0! #DIV/0,' #D1V/0! 294,4b0 390,250 9,750 42,350 9,600 451,950 (157,500) 54,700 (2,950) 16,550 9,600 77,900 -34.85% 1630% -23.23% 64.15% 20.83% 246,160 83,bb0 23,600 99,2b0 5,000 211.300 33,850 7,000 1.800 f7,300 S.OOD 31,100 ' 16.02% 9-14% 8.29% 21.71% 17.2fi% 89,000 82,600 82,400 6-600 - - (77.600) - (17.600 8.01 % -17.60% -17.60% 42,300 14,000 - 26,000'. - 40,000 2,300 600 - 21,300 - 21,900 5.75% 4.48% 453.19% 120.99% 2,603,760 $ 1 754,900 $ 103,250 $ 615,000 S 60,150 $ 2,533 300 100.00% 69.27% 4.08% 24.28% 2.37% 100.00 22.43% 16.44% 0.97% 5.76% 0.56% 23 73°7 22.43% 22.88% 12.09% 39.34% 10.23% 23.73°A 2.78% 10.00% -5.14% 10.78% 193.41% 11.12°7 70,450 $ 159,600 $ (5,600) $ 59,850 $ 39,650 $ 253,500 Finar¢e 11/292007Appropriations Summary 2009 City of Elk River General Fund Expenddure Summary Data Publle Safety Building (& Environmenntal) Dollar Change Percent Change Environmental Dolar Change Percent Change Police Administration Patrol Investigations Support Services Police Reserves Building Maintenance Total Police Dollar Change Percent Change Fire Fire Flyhting/AOministration Fire Inspections Total Hrc Dollar Change Percent Change Emergency Management Dollar Change Percent Change Personal Services Su lies 2008 Butlget Other Svcs. & Char es C.O. Transfers Total Personal Services Su Iles ~""' ^°°•"' Other Sves. & Char es C.O. Transfers Total Personal Services Su lies Other Svcs. & Char es C.O. Transhrs Total 663 800 250 37 650 91 10,000 802,700 610,250 30,250 33,400 - 673,900 709,250 29,200 60,250 16,700 815,400 , 550 53 , 000 7 , 58 250 10,000 128,800 (99,000) 1,050 (26,850) (16,700) (141,500) 83,700 1,100 25,150 (5,300) 104,650 f47 4L , 78% 8 , 23.14% , 174.40% 19.11% -13.96% 3.60% -44.56% -17.35% 13.38% 3.91% 71.65% 7 . 700 79 2,400 4,600 - 86,700 7b,900 5,800 6,350 - 88,060 - ' , 3,800 (3,400) (1.750) - (1,350) 75,900 5,800 6,350 - - 88,050 #DN/01 - #01100' - #DIV/Ol - tOIV/0! - aDIV/0! 5.01 % -58.62% -2256% -7.53% #OfV/01 #DN/O7 ZEDIV/01 442 750 300 22 115,750 57,600 638,400 430,750 28,000 111,700 60,000 630,450 403,850 21,550 96,050 50,000 571,450 , 1 844 100 , 201 800 46,400 102,000 2,194,300 1,644,150 177,650 42,400 34,000 1,898,200 1,528,800 162,600 50,850 117,000 1,859,250 0 , , 647 400 , 10 850 14,300 - 672,550 507,050 14,250 14,500 - 535,800 464,200 21,200 13,200 - 498,60 0 , 426 300 , 200 14 950 21 - 462,450 424,350 15,550 22,800 - 462,700 397,300 12,700 19,600 - 429,60 , 5 950 , 500 12 , 7,450 - 25,900 5,950 15,000 7,050 - 28,000 5,950 15,000 7,400 - 28,350 , 500 122 , 000 14 51,200 187,700 141,100 12,000 36,900 - 190,000 108,450 8,500 63,650 - 180,600 , 489 000 3 , 650 275 050 257 159,600 4,181,300 3,163,350 262,450 235,350 94,000 3,745,150 2,908,560 241,550 250,760 167,000 3,567,850 , , 650 335 , 200 13 , 21 700 65,600 436,150 244,800 20,900 (15,400) (73,000) 177,300 235,650 35,800 55,000 160,400 486,850 , 10.64% , 5.03% , 9.22% 11.65% 842% 8.65% -6.14% 4.97% 8.82% 17.40% 28.10% 15.80% 050 307 42 500 59 150 446,100 304,700 40,100 -.100,700 - 445500 -~,; -. .~.~ 46,500 9b 650 5L650 , 774 400 , 11 050 , 7,050 192,500 166,300 8.700 250,. 182,250 157.100 7,400 ~ 5,700 I -~% , 481 450 , 53;950 103,200 638,600 47t,000 48,800 107950. - 627,760 424,100 53,900 102,350 51,650 6 ,000 '~ , iQ450 750 5 750) (4 - 10,850 46,900 (5,-1J 5500 (51,650) (4,250) . ~ ~cn -__.. 13;450 700 51,650 ~~ 22% 2 . 10 55% , 40% -4 1:73% 11.06% -9_;c2. f t7% -0-67% ' 1'~`~ 33.25% 0.69% '0 62% . 11 900 . 13 300 . 12,350 74,700 52,250 11,150 4,tiU0 12,550 14,700 43,100 10,300 4,550 12,650 14,700 42,300 , 750 , 700 8 (300) 9,150 750 50 - - 800 800 1,650 7,250 14,700 18,400 6.73% , 189.13% -2.37% 21.23% 7.21% 1.10% 0.00% _ _.. . __ ___ 1.89% . -__ ___ - ^ 8.33% 56.90% nnn nnn 10.96% ~~e nnn 7Cn n[f1 76.99% L 1187 5Ra Total Public Safety 4 725,850 382,550 Percent of Public Safety 91.27 % 7.39% Percent of Total General Fund 40.72% 3.30% Percent of Expend. Category 53.06% 37.97% Percent Increase 9.35% 8.71% Amount of Increase (Decrease) $ 404,200 $ 30,650 $ Public Works Streets 640,650 241,750 Dollar Change 26,450 8,750 Percent Change 4.31% 3.76%. Snow Removal 234,600 62,000 Dollar Change (950) 8.000 Percent Change -0-40% 14.81% Equipment Services. 211,600 34,550 Dollar Change 10,400 '.5,050 Percent Change 5.77% 17.12%- Engineering 44,350 4,250 Dollar Change (21,000) (34,000) Percent Change Total Public Works 1,131,100 342,550 Percent otPublic Works 55.39% 16.78% Percent of Total General Fund 9.75% 2.95% Percent of Expend. Category 12.70% 34.00% Percent Increase 1.33% -3.44% Amount of Increase (Decrease)+A1 $ 14,900 $ (12,200) $ 68,850 184,300 5,7x1 ssa a,4z3,eau so ~,auu .,a:,,l"" ,"..,.". _,...,___ ____,___ ___,_-- - 05% 9 3 56% 111.27% 83.46% 6.80% 7.64% 2.10% 100.00% 80.12% 6.51% 8.42% 4.94% 100.00% . 04% 4 . 1 59% 49.64% 37.24% 3.03% 3.41% 0.94% 44.62% 37.96% 3.08% 3.99% 2.34% 47.3894 ° . 45% 23 . 31 79% 46.12% 51.61% 36.07% 23.72% 18.45% 44.62% 52.83% 38.55% 27.25% 42.53% 47.38 h ° . 49% 18 . 69 55% 11.27% 6.65% 6.90% -7.11% -56.53% 2.38% 9.82% 18.76% 23.87% 774.30% 16.54 h . 73,150 $ . 75,600 $ 583,600 $ 269,350 $ 22,700 $ (30,300) $ (141,350) $ 120,400 $ 362,400 $ 52,000 $ 82,100 $ 221.450 $ 717,950 279,150 35,000 1,196,450 614,100 233,000 260,400 185,150 18,750 (150,7501 (96.200) - 85, 700. 45,500 76,200 155.150 720% -8t10% -7.44% 16.22% 24.27% ~' 37% 51217% 5,000 - 301,600 235,550 54,000 ~ 800 7,500 (2,500) (7.500) (2.950) 45.350 9,000 '_ 500) 7,500 -33.33% -0.97% 23.84% 20.00% '~ 50% 3,350 30,000 279,500 201,200 29 5^.0 5 n00 - {1,650) 3Q000 43,800 7,950 (° -~~:91 ,._ (37,000) -33.00% 18.58% 4.11% -14 ;_ .. -~ 125,650 - 174,250 65,350 38,250 105,500 20,150 - (34,850) 35,450 25,150 500 (15,000) 19.10% -16.67% Asa 76n 0.48% 37a d00 192.650 20.23% 3.18% 95.58% 54.66% 17.37% 18.53% 9.43% 3.56% 0.56% 16.82% 9.62% 3.06% 3.26% 1.66% 20.67% 11.21% 15.62% 13.33% 36.36% 22.69% 32.70% 9.19% 34,750 $ -66.26% (127,650) $ -4.42% (90,200) $ 18.52% 174,450 $ 26.65% 74,650 $ 20.24% 63,700 $ 134.94% 110,650 $ 1,292,650 628,400 187,500 184,200 30,000 930;100 362,550 .29,700 69,450 13,800 22,500 135.450 38.95% 5.96% 58.83% 8.10% 300.00% 17.05% 304,550 190,200 45,000 20,000 255,200 49.350 (7.150) 7000 5,000 - 4,850 19.34% -3.62% 78.42% 33.33% 1.94% 235,700 193,250 34.500 5,500 37,000 270,250 (34,550) 16,850 (60,500) (1,100) 37 'P: -f2.78% 9-55% -63.68% -23.61% ~ --":. 209,100 29,900 13,100 105,000 1b,000 163,000 46,100 29,900 13,100 - 15,000 58,000 28.28% 0.00% 55.24% 2,042,000 941 750 280,100 314,700 82,000 1 618 560 100.00% 58.18% 17.31% 19.44% 5.07% 100.00% 17.59% 8.82% 2.62% 2.95% 0.77% 15.16°k 17.59% 12.28% 32.80% 20.13% 13.95% 15.1694 26.16% 7.94% 11.57% ~ 5.75% 993.33% 13.30°h 423,450 $ 69,300 $ 29,050 $ 17,100 $ 74,500 $ 189,950 Ftr,an 1129/200]:Appropriations Summary 2008 City of Elk River General Fund Expendfture Summary Data 2nna emendwA Culture and Recreation Park Maintenance Dollar Change Percent Change Recrcatfon Administration Programming Concessions Total Recreation Dollar Ghange Percent Change Sr. Citizen Programs Dollar Change Percent Change Total Recreation Percent of Recreation Percent of Total General Fund Percent of Expend. Category Percent Increase Amount of Increase (Decrease) Transfers Out Capital Outlay Reserve Ice Arena Operating Pinewood Operating Gov't Buildings Reserve City Hall Debt Service Total Trcnsfars Out Percent of Transfers Out Percent of Total General Fund Percent of Expend. Category Percent Increase Amount of Increase (Decrease) TOTAL GENERALPUND Percent of Total General Fund Percent Increase Amount of Increase (Decrease Personal Services Su lies 2008 Budget Other Svcs. C.O. & Charges Transfers Total Personal Services Sup lies """ ^""~"" Other Svcs. & Char es C.O. Transfers Total Personal Services Sup lies Other Svcs. 8 Char es C.O. Transfers Total 800 666 950 250 434 8fi,800 79,900 77,200 678,150 369,650 71,000 69,000 25,600 535,250 463,150 106,000 - 97, 200) 900 (77 17 , (11 200) , 600 64 15,800 10,900 51,600 142,900 82,550 23,250 13,850 25,600 145,250 28,900 19,200 , , , 1 65% , 17 48% 2225% 15.80% 26.70% 2875% 48.69% 25.11% 372d% 6.66% 2212% 22.40% . - . 472 350 100 16 84,400 - 672,860 426,500 12.500 75,300 614,300 346,250 145-00 27 5 0 83.150 46 600 443,900 167 400 , 96.350 , 27000 68,400 - 191,760 95700 33,100 61,700 190,b00 8 600 93.300 13 050 , 0 500 23 , 1 500 , 38,050 5.150 13 600 100 - 18,850 14,700 23 500 400 0 3 , 400 743 600 462 . 65 500 , 131,250 649,360 b73.860 56,700 162,900 - 783.4b0 636,900 69,700 136,80 550 5 - - , 94 050 , 700 53 , 7,400 (12,700; 48,400 38,950 (13.000) 16,100 - 40, OSQ 84.300 4,200 6 47% . 423% , 14.48% , 13.46% 12.74% -&.82% 8.05% 6.88% -18.65% 1177% 5.39% 18.63% . 650 20 23 560 165 900 98,700 4,800 7,250 110,750 153,800 13,600 33,250 - 200,650 121,700 , 850 15 , 16 300 - , 55 150 14,200 1,550 (1,450) - 14,300 32,100 (7,050) 9,700 - 34,750 23,000 , 21% 330 , 83% 224 , 49.80% 16.80% 47.69% -16.67% 14.83% 2638°,6 -34.14% 41.19% - 20.95% 23.30% . . _ ___ __ ___ - -..., ... nnn nen ~~~ ]nn ]n] 5nn ]5 ann 1.295 350 1,190,800 176300 283,950 - 1,6b1,050 1092,eau vr,~w c•v,w~ ••,.-- •,--~'-- ------ --~- 01% 75 11% 11 17.89% 0.00% 104.01% 68.84% 11.16% 15.13% 4.86% 100.00% 71.10% 10.91% 16.02% 94% 1 1.98% 0 24% 100.00% 13% 12 . 10.2fi% . 1.52% 2.45% 0.00% 14.23% 9.42% 1.53% 2.07% 0.67% 13.68% 68% 13 8.63% 01% 12 1.32% 16 55% . 13.27% . 4.35% . 12.13% 13.37% 17.50% 14.20% 0.00% 13.22% 13.05% 18.16% 25 37% 14.40% 78% 15 13.10% 00% 0 . 2255% . 19.53% . 29.51% -0.14% 0.00% 19.12% 8.96% -0.48% 18.19% 700 $ 43 0.00% 200) $ (77 4.01% 63 600 $ 18.67% 171 900 $ . 35,850 $ . 32,750 $ . 51,600 $ 292,100 $ 150,450 $ 32,200 $ (300) $ 25,600 $ 207,950 $ 97,950 $ (850) $ , , , , - - 25,000 25,000 134,650 134,650 106,750 tOfi,750 79,150 79,150 67,200 67,200 21,250 21,250 66,600 66,600 66,600 66,600 66,000 150 170 66,000 170 150 268,450 266,450 194600 194,600 , , 0 00% 0.00% 0.00% 137.95% 137.95% 0.00% 0.00% 0.00% 100.00% 100.00% 0.00% 0.00% 00% 0 0.00% 0 00% 100.00% 59% 1 100.00% 1 59% . 0.00% 0.00% 0.00% 2.15% 2.31% 0.00% 0.00% 0.00% 00% 1.68% 03% 33 1.68% 1 68% 0.00% 0 00% . 0.00% . 0.00% . 28.94% . 1.59% 0.00% 0.00% 0.00% 46.30% 2.15% 0.00% 0.00% 00% 0 0. 00% 0 . 37% 14 . 14.37% . 0.00% 0.00% 0.00% 14.43% 14.43% 0.00% 0.00% 0.00% 37.95% 37.95% 0.00% . $ . - $ . 24 450 $ 24,450 $ - $ - $ - $ 21,450 $ 21,450 $ - $ - $ - $ 73,850 $ 73,850 $ - $ - , 60 493 450 12 373 100 8 975 Sb0 667 950 1 689,160 71,606,750 7,669,900 853,850 1,563,200 687,950 10,674,900 8,907,100 1,007,650 1,999,050 b79,7 , , , , , , , 8 06% 16 00% 4 64% 100.00 % 72.1 b % 8.41 % 14.37% b.08% 100.00% 71.86% 8.00 % 14.64 % 5.51 % 100.00 71.29 % . 28% 3 . Sb% 19 . 60% -1 7.65% 9.17% 14.26 % 6.70 % 0.20 % 8.72% 10.71 % 14.43% 11.30 % 186.39% 14.98% 6.38 % i S 534.000 S . 32.000 $ . 331,100 $ . (9,400) $ 887,700 $ 703,200 $ 121,700 $ 104,750 $ 7,200 $ 930,850 $ 741,760 $ 107,660 $ 1b8,760 $ 382,6b0 $ 1,390,800 Fina t 1/2912007_Appraprialiam Summary 2008 Do You Think Your Pro~eYty is Otier~ :flssessed 2 THE DIAGRAM BELOW SHOWS THE STEPS IN CONTESTING YOUR PROPERTY VALUATION: VISIT YOUR LOCAL ASSESSOR'S OFFICE • Check the facts. • Compare neighboring property values. • Seek an adjustment. _ ~' .............. 1-STEP APPEAL ; • - 3-STEP APPEAL i APPEAL TO CITY OR TOWNSHIP "BOARD OF REVIEW" • Meets in Aprlor May. • Appeals in person or by letter. • Call city or township clerk for'appointment. • • APPEAL TO COUNTY "BOARD OF EQUALIZATION" • Meets for two weeks in June. • Appeal in person or by letter. • Call county auditor or assessor for appointment. s • • APPEAL TO MINNESOTA TAX COURT • Appeal by April 30 of year following assessment. • • • ~ + • • a • • • • • • REGULAR DIVISION Attorney recommended. Decisions appealable to Supreme Court. • Can be used for any property. • Must be used for property assessed over $100,000. Pao eat Tax ~'lassi cation Rates .Y WHAT THEY ARE, HOW THEY WORK The classification rates on selected properties for taxes payable are shown below: PROPERTY TYPE '06 CLASS RATE PROPERTY TYPE '06 CLASS RATE Disabled homestead up to $32,000 Residential Homestead Up to $500,000 Over$500,000 Residential Nonhomesteadz Single unit Up to $500,000 Over $500,000 2-3 unit and undeveloped land Apartments Regular 0.045% 1.00 1.25 1.00 1.25 1.25 1.25 Seasonal Recreational Residential Up to $500,000 Over $500,000 Agricultural Land & Buildings Homestead 3 Up to $600,000 Over $600,000 Nonhomestead Miscellaneous Properties Golf courses (open to public) Nonprofit service organizations Fraternity/sorority houses Manufactured home park land Metro indoor rec, facilities Noncommercial aircraft hangars 1.00 1.25 0.55 1.00 1.00 Commercial-Industrial-Public Utility U p to $150,000 1.5 Over $150,000. 2.00 Electric generation machinery 2.00 SMALL CLAIMS DIVISION • Attorney not necessary. • Decisions are final • Use for your home, or any property assessed under $100,000. Seasonal Recreational Commercial Homestead resorts 1,00.. Seasonal resorts Up to $500,000 1.00 Over $500,000 1.25 1.25 1.5 1.00 1.25 1.25 1.5 'School operating referendum levies (sometimes called "excess levy" referenda) and all county, city, and township referendum levies are levied on referendum market value. School debt levies are levied against all property based on net tax capacity. ~ Includes dwellings located on agricultural nonhomestead property. 'House, garage, and one acre have same class rates and are generally treated the same as residential homestead. I~ow to use class cation rates: Example: Suppose your home is valued at $90,000 and your local tax rate is 1.35 (135% of tax capacity) Then: Your Home's Tax Capacity = $90,000 times .01=$900 Your Property Tax = $900 times 1.35 = $1,215 i Tax Glossary CATEGORICAL AID: Aid given to a local unit of government to LOCAL GOVERNMENT AID (LGA): A state government revenue be used only for a specific purpose. sharing program for cities with low property wealth or high service burdens that is intended to provide an alternative to CIRCUIT BREAKER: See "Property Tax Refund.n the property tax,. CLASS RATES: The percent of market value set by state law that LOCAL SALES TAX: A local tax, authorized by the state, levied on establishes the property's tax capacity subject to the property the sale of goods and services to be used for specific purposes tax. by the local government. COUNTY PROGRAM AID: State property tax reliefaid to counties, distributed with a formula based on needs (households on foodstamps, age of the population, number of serious crimes) and tax base equalization for counties with smaller tax bases, EDUCATION AID: The total amount of state dollars paid for K-12 education. This aid is paid to the school districts. FISCAL DISPARITIES: A program in theTwin Cities metropolitan area and on the iron range in which a portion of the commercial and industrial property value of each city and township is contributed to a tax base sharing pool. Each city and township then receives a distribution ofproperryvaluefrom the pool based on market value and population in each city. GENERAL PURPOSE AID: Aid given to units of government to be used attheir own discretion. Examples are Local Government Aid and County Program Aid. HIGHWAYAID: Motorfuelstaxandlicensetabmoneythestate distributes to counties, cities and townships for highways and bridges. HOMESTEAD: A residence occupied by the owner. INDIVIDUAL INCOME TAX: A state tax on the income of residents and non-residents with Minnesota sources of income that is deposited into the state general fund. LEVY: The impositioh of a tax, associated with the property tax. LEVYLIMIT: The amounts local unitofgovernment is permitted to levy for specific services under state law. LIMITEDMARKETVALUE:Astateimposed limiton propertyvalue increases for the purpose of calculating property taxes. ASSOCIATION OF MINNESOTA COUNTIES WWW.mnCOUntIeS.OrQ LOCAL TAX RATE: The tax rate usually expressed as a percentage of tax capacity, used to determine the property tax due on a property. MARKETVALUE: An assessor's estimate ofwhat propertywould be worth if it were sold. MARKET VALUE AGRICULTURE CREDIT: A state credit to reduce the property tax paid by agricultural homesteads to the local taxing jurisdiction. MARKET VALUE HOMESTEAD CREDIT: A state credit to reduce the property tax paid by a residential homestead to the local taxingjurisdiction. PROPERTY TAX: A tax levied on any kind of property. PROPERTYTAX REFUND: A partial propertytax refund program for those who have property taxes out of proportion with their income. This program is available to homeowners and renters. SALES RATIO STUDY: A study conducted by the Department of Revenue of open market property sales, which is then compared to local assessments to ensure that local assessments adequately reflect the market. STATE GENERAL PROPERTY TAX: Astate-imposed property tax on commercial, industrial, and seasonal recreational properties. STATE SALES TAX: A state tax (6.5%) levied on the sale of goods and services that is deposited into the state general fund. TAXCAPACITY: Thevaluation of property based on marketvalue and class rates, on which property taxes are determined. November 2006 ~'~- ~ - - - Minnesota School ~ Boards Association ~. ~,eague of Minnesota Cities Cities promoting excellence www.mnmsba•orq Www.lmnc.orq ASSOCIATION OF L~--~JVLr.J MINNESOTA COUNTIES t~~ u Minnesota School Boards Association MC league of lltinnesota Cih'¢a Cih'es yromoling ezceiience Who Does What? A GUIDE TO MINNESOTA'S PROPERTY TAX SYSTEM ASSESSOR • Locates the property to be taxed, estimates its market value (how much the property would sell for in today's market), and assigns it to a class according to its use. • Sends out notices in the spring to "all property owners." • Multiplies the estimated market value of each piece of property by the tax capacity percentage set by law for its class. The result is the tax capacity. • Adds together the tax capacities for all the property in the taxing district and gives the total to: Property owners who disagree with the assessor may appeal to: i BOARDS OF APPEAL AND EQUALIZATION CITY OR TOWNSHIP BOARD OF APPEAL AND EQUALIZATION: • The city council or township board. • Meets between April 1 and May 31. COUNTY BOARD OF EQUALIZATION: • County board of commissioners. • Meets for two weeks in June. STATE BOARD OF EQUALIZATION:. • Commissioner of Revehue. • Meets between April 15 and June 30. • The~review board may change the estimate of the market value of the classification. MINNESOTA TAX COURT: • Small claims or regular division. TAXING DISTRICTS (YOUR SCHOOL DISTRICT, CITY OR TOWNSHIP, COUNTY, ETC.) • Determine the services (such as street maintenance, fire and police protection) to be provided in the coming year. • Estimate the costs of those services and determine what portion will come from property taxes. • Prepare proposed budget/levy amounts • Send final levy amounts to: ..................... . • Hold Truth-in-Taxation (TnT) hearings on budgets (if required by state law). • Send final levy amounts to: • • • • ~ • • • • • . • . • . • • . e .~. .• FINANCE DEPARTMENT AUDITOR/TREASURER ' • Determines the tax capacity rates and also uses the state general tax rate by dividing the proposed levy by the proposed total amount of tax capacity in the taxing district. • Auditorusesstategeneraltaxratetocomputetaxes(certifiedbytheCommissioner , of MN Dept. of Revenue). • Calculates the amount of each property owner's proposed state paid credits and net tax amount. • Prepares TnT notice and mails to each taxpayer. • Recalculates the amount of each property owner's tax based upon the final levy amounts. • Prepares a listing of the tax on all property owners in the county and gives the list to: .................................. • Creates the property tax statements from the county tax lists. • Mails the statements by March 31 of the following year. • Property owners mail in their payments (due in two installments on May 15 and October 15; except that the second installment of taxes on agricultural property is due on November 15). THE CITY BUDGET AND LEVY MAY CHANGE. ~ VOTERS MAY HAVE APPROVED A SCHOOL, CITY/ TOWNSHIP COUNTY OR SPECIAL DISTRICT • Each year, cities review the needs and wants of their citizens and how to meet those needs ~ ; ~ i i and wants. This is called'discretionary spending' in the city budget. Also included in the REFERENDUM. budget is non-discretionary spending which is required by state and federal mandates and court decisions and orders. • Local referendums may be held for local government construction projects, excess operating levies for schools or many other purposes. • Referendum levies may be spread on the market value or the tax capacity of a property THE TOWNSHIP BUDGET AND LEVY MAY CHANGE. depending on process and type of referendum levy. • Each March, townships set the levy and budget for the next year. FEDERAL AND STATE MANDATES MAY HAVE THE COUNTY BUDGET AND LEVY MAY CHANGE. . ~ CHANGED. • Each year, counties review the needs and wants of their citizens and how to meet those • Both the state and federal governments require local governments to provide certain services w ~~ discretionary needs and wants In addition, also included in the county budget is non- and follow certain rules. These mandates often require an+ncrease in the cost and level of discretonaryspendingwhichisrequiredbystateandfederalmandatesandcourtdecisions service delivery. ,and orders... As much as sixty to eighty-five percent of the county expenditures are used to deliver mandated services. ~~ AID AND REVENUE FROM THE STATE AND FEDERAL DGET AND LEVY MAY' ~ ~. GOVERNMENTS MAY HAVE CHANGED. THE SCHOOL DISTRICT S BU CHANGE. • Each year the state legislature reviews and adjusts the level of funding for a variety of aids provided to local governments including Local Government Aid and County Program Aid. • The Legislature determines basic funding levels for K-12 education and mandates services. The formulas for how aid is determined and distributed among local governments may have that schools must perform. On average, approximately seventy percent of school costs changed. are paid by the state. • While direct aid and revenue from the federal government to local governments has declined • Local school districts set levies for purposes including safe school and community greatly in recent years, federal revenue continues to be a key portion of the local government education, etc revenue stream and that revenue stream may have changed. A SPECIAL D15TRICT'S BUDGET AND. LEVY MAY THE STATE LEGISLATURE MAY HAVE CHANGED THE CHANGE. ~ PORTION OF THE TAX BASE PAID BY DIFFERENT r " TYPES OF PROPERTIES. • Special districts such as the Metropolitan Council, hospital districts, watershed districts, drainage districts, etc. set levies to balance their budgets. • A change in class rates will require a change in the tax rate to raise the same amount of money. SPECIAL ASSESSMENTS MAY BE ADDED TO YOUR f PROPERTY TAX BILL. OTHER STATE LAW CHANGES MAY ADJUST' THE TAX BASE, • Water lines, curb and gutter, and street improvements that directly benefit your property may be funded, in whole or in part, through a special assessment that is added to your tax • Fiscal disparities, personal property taxes on utility properties, limited market value, ar>d tax bill increment financing are example of laws that affect property taxes. Glossary of TeYms CATEGORICAL AID: Aid given to a local unit of government to be used only for a specific purpose. CIRCUIT BREAKER: See "Property Tax Refund:' CLASS RATES: The percent of market value set by state law that establishes the property's tax capacity subject to the property tax. COUNTYPROGRAM AID: State propertytax reliefaid to counties, distributed with a formula based on needs (households on foodstamps, age of the population, number of serious crimes) and tax base equalization for counties with smaller tax bases. EDUCATION AID: The total amount of state dollars paid for K 12 education. This aid is paid to the school districts. FISCALDISPARITIES: Aprogram intheTwinCities metropolitan area and on the iron range in which a portion ofthe commercial and industrial property value of each city and township is contributed to a tax base sharing pool. Each city and township then receives a distribution of property value from the pool based on market value and population in each city. GENERALPURPOSEAID: Aidgiventounitsofgovernmenttobe used at their own discretion. Examples are Local Government Aid and County Program Aid. HIGHWAY AID: Motor fuels tax and license tab money the state distributes to counties, cities and townships for highways and bridges. HOMESTEAD: A residence occupied by the owner. INDIVIDUAL INCOME TAX: A state tax on the income of residents and non-residents with Minnesota sources of income that is deposited into the state general fund. LEVY: The imposition of a tax, associated with the property tax. LEVYLIMIT: Theamounta local unitofgovernmentispermitted to levy for specific services under state law. LIMITED MARKET VALUE: A state imposed limit on property value increases. for the purpose of calculating property.taxes. ASSOCIATION OF Minnesota School MINNESOTA COUNTIES LOCAI GOVERNMENT AID (LGA): A state government revenue sharing program for cities with low property wealth or high service burdens that is intended to provide an alternative to the property tax. LOCALSALESTAX: A local tax, authorized bythe state, levied on the sale of goods and services to be used for specific purposes by the local government.. LOCAL TAX RATE: The tax rate usually expressed as a percentage of tax capacity, used to determine the property tax due on a property, MARKET VALUE: An assessor's estimate of what property would be worth if it were sold. MARKETVALUE AGRICULTURE CREDIT: A state credit to reduce the property tax paid by agricultural homesteads to the local taxing jurisdiction. MARKET VALUE HOMESTEAD CREDIT: A state credit to reduce the property tax paid by a residential homestead to the local taxing jurisdiction. PROPERTY TAX: A tax levied on any kind of property. PROPERTYTAXREFUND: Apartial propertytax refund program for those who have property taxes out of proportion with their income. This program is available to homeowners and renters. SALES RATIO STUDY: A study conducted by the Department of Revenue of open market property sales, which is then compared to local assessments to ensure that local assessments adequately reFlect the market. STATE GENERAL PROPERTY TAX: Astate-imposed property tax on commercial, industrial, and seasonal recreational properties. STATE SALESTAX: A state tax (6.5%) levied on the sale ofgoods and services that is deposited into the state general fund. TAX CAPACITY: The valuation of property based on market value and class rates, on which property taxes are determined. November 2006 Boards Association ~,eague o)<LHinnesota (,'ities Cities promoting exceJ~ence ASSOCIATION OF L~--~-J V LtiJ MINNESOTA COUNTIES U Minnesota Schaal $ Boards Association MC I,¢ague o~Minnesota Cih'es Cihes promoh'ng exc¢iience FouYteen Reasons 1~EHY PROPERTY TAXES VARY FROM 1F~AR TO `EAR THE MARKET VALUE OF A PROPERTY MAY CHANGE. • Each parcel of property is assessed at least once every five years and a sales ratio study " is done to determine. if the property is assess similarly to like properties. If not, the Commissioner of Revenue may issue an 'order' that would affect the taxable value of a parcel. • Additions and improvement made to a property generally increases its market value. THE MARKET VALUE OF OTHER PROPERTIES IN YOUR TAXING DISTRICT MAY CHANGE, SHIFTING " TAXES FROM ONE PROPERTY TO ANOTHER. • If the market value of a property increases more or less than the average increase or decrease in a taxing district, the taxes on that property will also change. • New construction in a taxing district increases the tax base and will affect the district's tax rate. THE STATE GENERAL PROPERTY TAX MAY CHANGE. • The state legislature directly applies a State General Property Tax tocommercial/industrial ~ and season/recreational property classes. www.mncounties.orq wwuv.mnmsba.org www.lmnc.org Glossary o~'Te~°yns CATEGORICAL AID: Aid given to a local unit of government to be used only for a specific purpose. CIRCUIT BREAKER: See "Property Tax Refund " CLASS RATES: The percent of market value set by state law that establishes the property's tax capacity subject to the property tax. COUNTYPROGRAMAID:State properrytax reliefaid tocounties, distributed with a formula based on needs (households on foodstamps, age of the population, number of serious crimes) and tax base equalization for counties with smaller tax bases. EDUCATION AID: The total amount of state dollars paid for K- 12education. This aid is paid to the school districts. FISCAL DISPARITIES: A program in theTwin Cities metropolitan area and on the iron range in which a portion of the commercial and industrial property value of each city and township is contributed to a tax base sharing pool. Each city and township then receives a distribution of property value from the pool based on market value and population in each city. GENERALPURPOSEAID: Aidgiventounitsofgovernmenttobe used at their own discretion. Examples are Local Government Aid and County Program Aid. HIGHWAY AID: Motor fuels tax and license tab money the state distributes to counties, cities and townships for highways and bridges. HOMESTEAD: A residence occupied by the owner. INDIVIDUAL INCOME TAX: A state tax on the income of residents and non-residents with Minnesota sources of income that is deposited into the state general fund. LEVY: The imposition of a tax, associated with the property tax, LEVYLIMIT: The amounta local unitofgovernment is permitted toievy for specific services under state law. LIMITED MARKET VALUE: A state imposed limit on property value increases far the purpose of calculating property taxes. LOCAL GOVERNMENTAID [LGA): A state government revenue sharing program for cities with low property wealth or high service burdens that is intended to provide an alternative to the property tax. LOCAL SALESTAX: A local tax, authorized by the state, levied on the sale of goods and services to be used for specific purposes by the local government. LOCAL TAX RATE: The tax rate usually expressed as a percentage of tax capacity, used to determine the property tax due on a property. MARKET VALUE: An assessor's estimate of what property would be worth if it were sold. MARKET VALUEAGRICULTURE CREDIT: A state credit to reduce the property tax paid by agrictaltural homesteads to the local taxing jurisdiction. MARKET VALUE HOMESTEAD CREDIT: A state credit to reduce the property tax paid by a residential homestead to the local taxingjurisdiction, PROPERTY TAX: A tax levied on any kind of property. PROPERTYTAXREFUND: Apartial propertytaxrefundprogram for those who have property taxes out of proportion with their income. This program is available to homeowners and renters. SALES RATIO STUDY: A study conducted by the Department of Revenue of open market property sales, which is then compared to local assessments to ensure that local assessments adequately reflect the market. STATE GENERAL PROPERTY TAX: Astate-imposed property tax on commercial, industrial, and seasonal recreational properties. STATE SALES TAX:. A state tax (6.5°k) levied on the sale of goods and services that is deposited into the state general fund. TAX CAPACITY: The valuation of property based on market value and class rates, on which property taxes are determined. November 2006 ASSOCIATLON OF Minnesota School M NNESOTA COUNTIES T boards Association ASSOCIATION OF ~~ _ __ ~ _ _ . .Minnesota School ~ Boards Association ~~ MINNESOTA COUNTIES ~ ~; ~e~hf~,~~t~e ~ s FouYteen Reasons 1~-1 1 : 'fin ~.,i~ WHY PROPERTY TAXES GARY FROM YEAR TO YEAR THE MARKET VALUE OF A PROPERTY MAY CHANGE. • Each parcel of property is assessed at least once every five years and a sales ratio study is done to determine. if the property is assess similarly to like properties. If not, the Commissioner of Revenue may issue an 'order' that would affect the taxable value of a parcel • Additions and improvement made to a property generally increases its market value. ~~Y~ T ET T PETIES.I ,~x YOUR TAXING DISTRICT MAY .CHANGE, SHIFTING TAXES FROM ONE PROPERTY T4 ANOTHER. ~eague of l~innesofa ~`itie5 ~'ifie5 promoting exce~ence • If the market value of a property increases more or less than the average increase or decrease in a taxing district, the taxes on that property will also change. • New construction in a taxing district increases the tax base and will affect the district's tax .rate. THE STATE GENERAL PROPERTY TAX MAY CHANGE. • The state legislature directly applies a State General PropertyTaxtocommercial/industrial and season/recreational property classes. www.mncvunties.orq www.mnmsba.org www.lmnc.org THE CITY BUDGET AND LEVY MAY CHANGE. ~= VOTERS MAY HAVE APPROVED A SCHOOL, CITYI Each year, citiesreviewtheneedsandvuantsoftheircitizensandhowtomeetthoseneeds .. ,r>,~ TOWNSHIP, COUNTY, OR SPECIAL DISTRICT ~ . and wants. This is called'discretionary spending' in the city budget. Also included in the ~ REFEREN DUM. budget is non-discretionary spending which is required by state and federal mandates and court decisions and orders. • Local referendums maybe held for local government construction projects, excess operating levies for schools or many other purposes. • Referendum levies may be spread on the market value or the tax capacity of a property ~.: THE TOWNSHIP BUDGET AND LEVY MAY CHANGE. depending on process and type ofreferendum levy. • Each March, townships set the levy and budget for the next year. ,~ FEDERAL AND STATE MANDATES MAY HAVE THE COUNTY BUDGET AND LEVY MAY CHANGE. Qr. ,~ CHANGED. • Each year, counties review the needs and>wants of their citizens and how to meet those • Both the state and federal governments require local governments to provide certain services discretionary needs and wants. In addition, also included in the county budget is non- and follow certain rules. These mandates often require, an increase in the cost and level of discretionaryspendingwhichisrequiredbystateandfederalmandatesandcourtdecisions service delivery. and orders. As much as sixty to eighty-five percent of the county expenditures are used to deliver rnandated services. AID AND REVENUE FROM THE STATE AND FEDERAL GOVERNMENTS MAY HAVE CHANGED. THE HOOL DISTRICT'S BUDGET AND LEVY MAY . ~ SC `{RANGE. • Each year the state legislature reviews and adjusts the level of funding for a variety of aids provided to local governments including Local Government Aid and County Program Aid. • The Legislature determines basicfunding levelsfor K-12 education and mandates services. ,` The formulas for how aid is determined and distributed among local. governments may have. that schools must perform. On average, approximately seventy percent of school costs I changed. are paid by the state.. • While direct aid and revenue from the federal government to local governments has declined • Local school districts set levies for purposes including safe school and community greatly in recent years, federal revenue continues to be a key portion of the local government. education, etc. revenue stream and that revenue stream may have changed. 1 A SPECIAL DISTRICT'S BUDGET AND LEVY MAY THE STATE LEGISLATURE MAY HAVE CHANGED. THE CHANGE. PORTION OF THE TAX BASE PAID BY DIFFERENT ®+ TYPES F PROPERTIES. • .Special districts such as the Metropolitan Council, hospital districts, watershed districts, drainage districts, etc. set levies to balance their budgets. • A change in class rates will require a change in the tax rate to raise the same amount of money. SPECIAL ASSESSMENTS MAY BE ADDED TO YOUR PROPERTYTAX BILL. OTHER STATE LAW CHANGES MAY ADlUST'THE TAX r. ,. ~ BASE. • Water lines, curb and gutter, and street improvements that directly benefit your property ' may be funded, in whole or in part, through a special assessment that is added to your tax .Fiscal disparities, personal property taxes on utility properties, limited market value, and tax bill. increment financing are example of laws that affect property taxes. "'~E~? ~ , ~~~ Tax GZossaYy CATEGORICAL AID: Aid given to a local unit of government to LOCAL GOVERNMENTAID (LGA): A state government revenue be used only for a specific purpose, sharing program for cities with low property wealth or high service burdens that is intended to provide an alternative to CIRCUIT BREAKER: See "Property Tax Refund ° the property tax. CLASS RATES: The percent of market value set by state law that establishes the property's tax capacity subject to the property tax.' LOCAL SALES TAX: A local tax, authorized by the state, levied on the sale of goads and services to be used for specific purposes by the local government. COUNTY PROGRAM AID: State property tax relief aid to counties, distributed with a formula based on needs (households on foodstamps, age of the population, number of serious crimes) and tax base equalization far counties with smaller tax bases, EDUCATION AID: The totalamount of state dollars paid for K-12 education, This aid is paid to the school districts. FISCAL DISPARITIES: A program in theTwin Cities metropolitan area and on the iron range in which. a portion of the commercial and industrial property value of each city and township is contributed to a tax base sharing pool. Each city and township then receives a distribution of propertyvalue from the pool based on market value and population in each city. GENERAL PURPOSE AID: Aid given to units of government to be used attheirown discretion. Examples are Local Government Aid and County Program Aid. HIGHWAYAID: Mbtorfuels tax and license tab money the state distributes to counties, cities and townships for highways and bridges. HOMESTEAD: A residence occupied by the owner. INDIVIDUAL INCOMETAX: A state tax on the income of residents and non-residents with Minnesota sources of income that is deposited into the state general fund. LEVY: The imposition of a tax, associated with the property tax, LEVY LIMIT: The amount a local unit of government is permitted to levy for specific services under state law. LIMITED MARKETVALUE: A state imposed limit on property value increases for the purpose of calculating property taxes. LOCALTAX RATE: The tax rate usually expressed as a percentage of tax capacity, used to determine the property tax due on a property, MARKETVALUE: An assessor's estimateofwhatpropertywould be worth if it were sold. MARKET VALUE AGRICULTURE CREDIT: A state credit to reduce the property tax paid by agricultural homesteads to the local taxing jurisdiction. MARKET VALUE HOMESTEAD CREDIT: A state credit to reduce the property tax paid by a residential homestead to the local taxing jurisdiction. PROPERTYTAX: A tax levied on any kind of property. PROPERTYTAXREFUND: Apartial propertytaxrefund program for those who have property taxes out of proportion with their income. This program is available to homeowners and renters. SALES RATIO STUDY: A study conducted by the Department of Revenue of open market property sales, which is then compared to local assessments to ensure that local assessments adequately reflect the market. STATE GENERAL PROPERTY TAX: Astate-imposed property tax on commercial, industrial, and seasonal recreational properties.. STATE SALES TAX: A state tax (6.5%) levied on the sale of goods and services that is deposited into the state general fuhd. TAXCAPACITY: Thevaluation ofproperty based on marketvalue and class rates, on which property taxes are determined. November X006 ASSOCIATION OF ~ L~ ~ Minnesota School Boards Association -- MINNESOTA COUNTIES ~eague of Minnesota ~itie5 (,'iies promoting exce~ence wwW.mnCOUntIES.01'q WWW.mnmSba.Orq WWW.ImnC.Ofq ASSOCIATION OF L.=LJV Lr`J MINNESOTA COUNTIES ~'~ _ _ _ ___ _ i Minnesota School ~' Boards Association. MC ~,eagve of Minnesota Cities Cities promoting exCe)fence Who Does What? A GUIDE TO MINNESOTA'S PROPERTY TAX SYSTEM ASSESSOR • Locates the property to be taxed, estimates its market value (how much the property would sell for in today's market), and assigns it to a class according to its use. • Sends out notices in the spring to "all property owners." • Multiplies the estimated market value of each piece of property by the tax capacity percentage set by law for its class. The result is the tax capacity. Adds together the tax capacities for all the property in the taxing district and gives the total to: Property owners who disagree with the assessor may appeal to: a CITYOR TOWNSHIP BOARD OF APPEAL AND EQUALIZATION: • The city council or township board. • Meets between April 1 and May 31. COUNTY BOARD OF EQUALIZATION: • County board of commissioners. • Meets for two weeks in June. -STATE BOARD OF EQUALIZATION: • CommissionerofRevenue. • Meets between April 15 and June 30. • The review board may change the estimate ofthe market value of the classification. MINNESOTA TAX COURT; • Small claims or regular division TAXING DISTRICTS (YOUR SCHOOL DISTRICT, CITY OR TOWNSHIP, COUNTY, ETC.) • Determine the services (such as street maintenance, fire and police protection) to be provided in the coming year. • Estimate the costs of those services and determine what portion will come from property taxes. • Prepare proposed budget/levy amounts • Send finallevy amounts to: ..................... . • Hold Truth•in-Taxation (Tn~ hearings on budgets (if required by state law}, • Send final levy amounts to: • • • • • • • • • • • • • • • • • • • • • • • .•. .• FINANCE DEPARTMENT AUDITOR/TREASURER Determines the tax capacity rates and also uses the state general tax rate by dividing the proposed levy by the proposed total amount of tax capacity in the ' taxing district. ' • Auditorusesstategeneraltaxratetocomputetaxes(certifiedbytheCommissioner , of MN Dept. of Revenue). • Calculates the amount of each property owner's proposed state paid. credits and net tax amount. • Prepares TnT notice and mails to each taxpayer. Recalculates the amount of each property owner's tax based upon the final levy amounts. • Prepares a listing of the tax on all property owners in the county and gives the list to.,......••...• ..................... • Creates the property tax statements from the county tax lists. • Mails the statements by March 31 of the following year. • Property owners mail in their payments (due in two installments on May 15 and October 15; except that the second installment of taxes on agricultural property is due on November 15). Do ~~ ~ for ~a~~rty is veY-ffssessed 2 THE DIAGRAM BELOW SHOWS THE STEPS IN CONTESTING YOUR PROPERTY VALUATION: VISIT YOUR LOCAL ASSESSOR'S OFFICE • Check the facts. Compare neighboring property values. • Seek an adjustment. ., 1-STEP APPEAL; 3-STEP APPEAL i APPEAL TO CITY OR TOWNSHIP "BOARD OF REVIEW" ` Meets in April or May. • Appeals in person or by letter. • 'Call city or township clerk for appointment.. •, .' i • ~ APPEAL TO COUNTY BOARD OF EQUALIZATION" • ..Meets for two weeks in June. • ;:Appeal in person or by letter. `a • Call county auditor or assessor for appointment. • • • • APPEAL TO MINNESOTA TAX COURT ' Appeal by April 30 of year following assessment. • • r . •00i•9•i••19 •.• REGULAR DIVISION • Attorney recommended. • Decisions appealable to Supreme Court. • Can be used far any property. Must be used for property assessed over $100,000. e SMALL CLAIMS DIVISION • Attorney not necessary. • Decisions are final. • Use for your home; or any property assessed under $100,000. P~~ le~~ ~~x ~'l~ss~ c~~~o~z .~te~ .~ WHAT THEY ARE, HOW THEY WORK The classification rates on selected properties for taxes payable are shown below: PROPERTY TYPE '06 CLASS RATE .Disabled homestead up to $32,000 0.045% Residential Homestead Up to $500,000 1.00 Over $500,000 1.25 Residential Nonhomesteadz Single unit Up to $500,000 1.00 Over $500,000 .1.25 2-3 unit and undeveloped land 1.25 Apartments Regular 1.25 Commercial-Industrial-Public Utility ~ U p to $150,Ob0' ~ `, 1.5 Over $150,000 2.00 Electric generation machinery 2.00 Seasonal Recreational Commercial Homestead resorts 1,00 Seasonal resorts Up to $500,000 1.00 Over $500,000 1.25 PROPERTY TYPE '06 CLASS RATE Seasonal Recreational Residential Up to $500,000. 1.00 Over $500,000 1.25 Agricultural Land & Buildings. Homestead 3 Up to $600,000 0.55 Over $600,000 1.00 Nonhomestead 1.00 Miscellaneous Properties Colf courses (open to public). 1.25 Nonprofit service 'organizations 1.5 Fraternity/sorority houses ,.- : 1.00 Manufactured home park land 1,25 :Metro indoor rec. facilities 1.25 :Noncommercial aircraftClangars 1.5 'School operating referendum levies (sometimes called "excess levy" referenda) and all county, city, and township referendum levies are levied on referendum market value, School debt levies are levied against all property based on net tax capacity. z Includes dwellings located on agricultural nonhomestead property. 3 House, garage, and one acre have same class rates and are generally treated the same as residential homestead. ova to use classcation rates: Example; Suppose your home is valued at $90,000 and your local tax rate is 1,35 (.135% of tax capacity) Then: Your Home's Tax Capacitu = $90,000 times .01=$900 Your PropertyTax = $900 times 1.35 = $1,215