7.5. SR 12-17-2007..,....
Elk
River
City of Elk River Item Number
REQUEST FOR COUNCIL ACTION 7.5.
Agenda Section Meeting Date Prepared by
Administration December 17, 2007 Lori ohnson, Ci Administrator
Item Description Reviewed by
Resolution Adopting Final Tax Levy for Taxes Payable in 2008
and Consider Adoption of 2008 Budgets
^ General
^ Special Revenue
^ Enterprise
Action Requested
Adopt resolution authorizing the property tax levy for collection in 2008 and adopt General, Special
Revenue, and Enterprise budgets.
Background/Discussion
The City's Truth in Taxation hearing was held on December 3 at which time the tax levy and budgets
were discussed and the public was invited to comment and provide input to the council. No one in
attendance spoke at the Truth in Taxation hearing.
The attached resolution authorizes a property tax levy for collection in 2008 of $10,761,311; this is
identical to the proposed levy approved in September. This levy results in a tax rate decrease and a
resulting tax reduction for property owners whose property value did not change.
The Council has reviewed the details of the various budgets at numerous Council meetings so detail is not
presented in this memo. No adjustments are proposed to the budgets with the exception with the
General Fund Budget. The General Fund Budget is being adjusted to accommodate the approved
increase in the City's contribution to the flexible benefits plan; however, the total budget does not change
from the proposed total of $12,493,450. The budget increase of $29,000 is off-set by decreases in the
Recreation, Community Development, and Police department budgets mainly because staff positions will
not be filled immediately and small tuition reimbursement in Recreation that is no longer applicable. See
the attached Appropriations Summary for detail on these adjustments. Below is a summary of the
budgets to be approved:
General Fund
Special Revenue Funds:
Library
Ice Arena
Pinewood Golf Course
Sanitary Landfill
Storm Sewer
Safety
$12,493,450
$ 86,350
$ 976,250
$ 280,400
$ 264,500
$ 105,000
$ 39,250
S:\Council\Lori\2007\Fina12008 budget adopt 1217 07.doc
Enterprise Funds:
Revenue
Sewer $2,018,600
Garbage $1,240,100
Liquor $6,235,400
Ex ense Net Effect
$6,490,250 ($4,471,650)*
$1,232,300 $ 7,800
$5,888,600 $ 346,800
*Includes Wastewater Treatment Plant expansion of $4,300,000
Attachments
• Resolution authorizing the Property Tax Levy for Collection in 2008.
• General Fund Budget Summary Information
^ Source of Funds
^ Appropriations Summary
(Note: 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.)
Council Action Motion by Second by Vote
Follow Up
S:\Council\I,ori\2007\Fina12008 budget adopt 1217 07.doc
RESOLUTION 07 -
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
FOR COLLECTION IN 2008
WHEREAS, the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2008; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2008; 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 2008.
Levy
General Fund $ 9,139,350
Library 78,350
Surface Water Management 100,000
City Special Assessments 18,286
1994 Storm Sewer Bonds 117,380
2005 Improvement Bonds 89,900
2007 Improvement Bonds 122,864
2007 Certificate of Indebtedness 112,226
2006 Certificate of Indebtedness 95,869
2005 Certificate of Indebtedness 155,478
Public Safety Lease Revenue Bonds 634,440
Economic Development Tax Abatement 97,168
TOTAL $10,761,311
Passed and adopted by the City Council of the City of Elk River this 17th
day of December, 2007.
Stephanie Klinzing, Mayor
ATTEST:
Tina Allard, City Clerk
SOURCE OF FUNDS
2005 2006 2007 2008
ACTUAL ACTUAL ADOPTED ADOPTED
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
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
ACTUAL 2006
ACTUAL 2007
ADOPTED 2008
ADOPTED % of
Total %
Change $$
Increase 2007
% of Total
General Government
MAYOR & COUNCIL $ 188,282 $ 168,321 $ 210,150 $ 221,100 1.77% 5.21% $ 10,950 1.81%
CABLE TV 75,465 81,104 92,400 99,100 0.79% 7.25% $ 6,700 0.80%
ADMINISTRATION 480,144 416,012 439,250 457,000 3.66% 4.04% $ 17,750 3.78%
HUMAN RESOURCES - - 83,500 156,400 1.25% 87.31% $ 72,900 0.72%
ELECTIONS - 30,169 - 40,850 0.33% #DIV/0! $ 40,850 0.00%
FINANCE 457,081 415,880 450,050 433,350 3.47% -3.71% $ (16,700) 3.88%
INFORMATION TECHNOLOGY 169,900 225,246 237,350 255,400 2.04% 7.60% $ 18,050 2.05%
LEGAL 218,033 229,110 249,850 234,700 1.88% -6.06% $ (15,150) 2.15%
COMMUNITY DEVELOPMENT - - 170,300 182,000 1.46% 6.87% $ 11,700 1.47%
PLANNING 348,262 375,651 294,450 327,400 2.62% 11.19% $ 32,950 2.54%
CITY HALL 194,199 235,625 245,150 300,000 2.40% 22.37% $ 54,850 2.11%
CONTINGENCY - 17,305 89,000 60,000 0.48% -32.58% $ (29,000) 0.77%
ENERGY CITY 14,073 32,826 42,300 93,300 0.75% 120.57% $ 51,000 0.36%
General Government 2,145,439 2,227,249 2,603,750 2,860,600 22.90% 9.86% $ 256,850 22.43%
Public Safety
POLICE
FIRE
EMERGENCY MANAGEMENT
BUILDING & ENVIRONMENTAL
ENVIRONMENTAL
Public Safety
Public Works
STREETS
SNOW REMOVAL
EQUIPMENT SERVICES
ENGINEERING
Public Works
Culture & Recreation
PARK MAINTENANCE
RECREATION
SR. CITIZEN PROGRAMS
Culture & Recreation
TRANSFERS
TOTAL
3,240,760 3,676,270 3,745,150 4,181,300 33.47% 11.65% $ 436,150 32.27%
546,424 631,151 627,750 638,600 5.11% 1.73% $ 10,850 5.41%
22,668 37,346 43,100 52,250 0.42% 21.23% $ 9,150 0.37%
727,724 768,679 673,900 802,700 6.42% 19.11% $ 128,800 5.81%
- - 88,050 86,700 0.69% -1.53% $ (1,350) 0.76%
4,537,576 5,113,446 5,177,950 5,761,550 46.12% 11.27% $ 583,600 44.62%
926,853 1,096,473 1,292,650 1,196,450 9.58% -7.44% $ (96,200) 11.14%
165,996 149,463 304,550 301,600 2.41% -0.97% $ (2,950) 2.62%
255,677 223,937 235,700 279,500 2.24% 18.58% $ 43,800 2.03%
67,165 114,030 209,100 174,250 1.39% -16.67% $ (34,850) 1.80%
1,415,691 1,583,903 2,042,000 1,951,800 15.62% -4.42% $ (90,200) 17.59%
452,504 608,362 678,150 666,950 5.34% -1.65% $ (11,200) 5.84%
663,329 645,277 743,400 783,450 6.27% 5.39% $ 40,050 6.41%
101,484 111,774 165,900 200,650 1.61% 20.95% $ 34,750 1.43%
1,217,317 1,365,413 1,587,450 1,651,050 13.22% 4.01% $ 63,600 13.68%
150,902 688,518 194,600 268,450 2.15% 37.95% $ 73,850 1.68%
$ 9,466,925 $ 10,978,529 $ 11,605,750 $ 12,493,450 100.00% 7.65% $ 887,700 100.00%
2008 Adjustments:
Additions City Contribution (HSA) 14,000
City Contribution (Insurance) 15,000
Deductions Tuition Reimbursement (Rec) (3,000)
Community Development Director (24,000)
Police Officer (2,000)
Total Budget 12,493,450
12/12/2007