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CIP 2019-2023
<br />Projects included in the 2019 Proposed Budget and CIP are as follows:
<br />
<br />Project Fund Source Amount
<br />Gateway Signs EDA General $40,000
<br />City Hall Chiller & Maintenance * Equip/Bldg Replacement $230,000
<br />Hard Court Reconstruction * Capital Improvement $175,000
<br />Hazelnut Park Improvements Capital Improvement $155,000
<br />Playground Replacements Capital Improvement $180,000
<br />LJFD Capital Items Public Safety Capital $73,451
<br />Lift Station Rehab Sewer $100,000
<br />Sewer Lining/Rehab Sewer $200,000
<br />Utility Communication System Sewer/Water $25,000
<br />Old Snelling Ave PMP Capital Improvement $300,000
<br />Karth Lake Retaining Wall * Surface Water Mgmt $300,000
<br />Storm Pond Maintenance Surface Water Mgmt $100,000
<br />Booster Station Water $300,000
<br />Watermain Replacement Water $250,000
<br />Replace Easement Sewer Cleaning Machine Equip/Bldg Replacement $70,000
<br />Add Bobcat Milling Attachment Equip/Bldg Replacement $16,000
<br />Replace Camera Trailer * Equip/Bldg Replacement $125,000
<br />Replace F-350 Pickup Equip/Bldg Replacement $55,000
<br />Add Half Ton Truck Equip/Bldg Replacement $29,000
<br />* Information and/or pictures are included in Attachment B for the starred items
<br />
<br />Enterprise Funds
<br />The City has four enterprise funds that finance business-type activities. A rate study was completed
<br />in 2018 for the Water, Sewer and Surface Water Management funds. The recommended rate
<br />increases are reflected in the revenue budgets and will be included on the 2019 Fee Schedule for the
<br />City.
<br />
<br />Property Values, Taxes and Tax Rates
<br />According to information provided by Ramsey County, the median home value in Arden Hills will
<br />increase from $333,800 for 2018 taxes to $346,900 for 2019 taxes, an increase of 3.9%, which is
<br />less than the countywide average of 7.4%. The annual impact of a 5% City levy increase to a
<br />residential homes is as follows (City tax amount only):
<br />
<br />Set levy at $3,976,290 (an increase of $189,348 or 5.0% over 2018)
<br />Value of Value of Taxable
<br />Property for Property for Value for $%
<br />Pay 2018 Pay 2019 Pay 2019 Pay 2018 Pay 2019 CHANGE CHANGE
<br />$180,000 $187,100 $166,700 $406 $428 $22 5.5%
<br />$333,800 $346,900 $340,900 $834 $876 $42 5.0%
<br />$380,000 $394,900 $393,200 $963 $1,010 $48 5.0%
<br />$450,000 $467,700 $467,700 $1,149 $1,202 $53 4.6%
<br />$650,000 $675,500 $675,500 $1,755 $1,849 $93 5.3%
<br />CITY TAX
<br />
<br />The 2018 City Tax Rate is 25.532%. The estimated City tax rate based on the most current
<br />information with a 5% levy increase is 25.696%.
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