Laserfiche WebLink
Page 3 of 5 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />CIP 2021-2025 <br />Projects included in the 2021 Proposed Budget and CIP are as follows: <br /> <br />Project Fund Source Amount <br />City Hall Maintenance Equip/Bldg Replacement $50,000 <br />LJFD Road Costs Public Safety Capital $80,600 <br />LJFD Capital Items Public Safety Capital $19,660 <br />Lift Station Rehab Sewer $216,000 <br />Sewer Lining/Rehab Sewer $220,000 <br />Hamline Avenue Crosswalks PIR/Ramsey County $102,000 <br />2021 PMP – Hazelnut Neighborhood PIR/Utilities $3,682,000 <br />Shorewood Drive Drainage Improvements Surface Water $52,000 <br />Karth Lake Runoff Control Surface Water/Grant $180,000 <br />Replace Int’l Plow Truck #120 Equip/Bldg Replacement $243,960 <br />Replace 2012 F-350 Truck #203 Equip/Bldg Replacement $48,000 <br />Replace 2010 F-350 Truck #210 Equip/Bldg Replacement $46,000 <br />Replace 1997 Toro Groundmaster #409 Equip/Bldg Replacement $60,000 <br />Trade in Program Toro Z Mowers #458 & #459 Equip/Bldg Replacement $30,000 <br />Portable Message Board Equip/Bldg Replacement $16,000 <br />Portable Light Tower Equip/Bldg Replacement $10,000 <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. Staff recommended rate <br />increases are reflected in the revenue budgets and will be included on the 2021 Fee Schedule for <br />the City. The proposed increases are as follows: Water – 3%; Sewer – 6.5%; Storm – 3%. Below <br />is a comparison of utility fees for 2020 and 2021 based on proposed rates for a household using <br />9,000 gallons per quarter with a ¾” meter size or smaller. <br /> <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 $372,400 for 2020 taxes to $387,500 for 2021 taxes, an increase of 4.05%, which is <br />less than the countywide average of 4.9%. The annual impact of a 4.25% City levy increase to a <br />residential homes is as follows (City tax amount only): <br /> <br /> <br /> <br />2020 2021 <br />Water 73.74 75.89 <br />Sewer 109.27 116.38 <br />Storm 15.61 16.08 <br />TOTAL 198.62 208.35