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<br /> ARDEN HILLS TRUTH-TN-TAXATION - DECEMBER 4. 1997 3
<br /> . ML Post went on to show a comparison of neighboring cities and the State Aid dollars they
<br /> receive, The average for eight of the neighboring cities is $50 per capita total aid, where Arden
<br /> Hills receives only $10 per capita aid,
<br /> Mr. Post stated, based on the median example for a $140,300 home, residents would receive City
<br /> services for $31.08 per month, The services include police protection, administration of the City,
<br /> street maintenance, park maintenance, fire protection, Capital Funds & Recreation transfer, and
<br /> protective inspections, He noted residents receive quality services for about the price of monthly
<br /> cable television service,
<br /> ML Post noted another comparison of Arden Hills with seven metro area cities with populations
<br /> from 5,000 to 10,000, He noted Arden Hills, compared to its peers, spends approximately 80%
<br /> of those in similar population ranges and receives only about 30% of State Aid compared to that
<br /> of its peers,
<br /> Discussion of Proposed City Budget
<br /> ML Post indicated how the proposed 1998 Budget impacts the City taxes, He pointed out the
<br /> impact of changes in property class rates, noting that residential taxes are increasing and
<br /> commerciallindustrial taxes are decreasing,
<br /> . Mr. Post indicated the General Fund revenues are proposed at $2,521,620, of which 72% is
<br /> property taxes of $1 ,825,710, charges for service 1 %, intergovernmental of] 3%, miscellaneous
<br /> of 5%, license and pem1its of 8%, and fines and forfeits of 1 %,
<br /> Mr, Post indicated the proposed General Fund expentitures budget for ]998 is broken down into
<br /> General Operations of 21 %, Police Protection of 23%, Fire Protection of 12%, Protective
<br /> Inspections of3%, Street Maintenance of2l%, Parks and Recreation of ]2%, and other
<br /> Financing uses of 7%, ML Post noted the City is looking at a net increase of only 1.91 % in the
<br /> City levy for 1998, This is below the levy limit maximum set by the State Department of
<br /> Revenue.
<br /> ML Post indicated there are no major changes in scope of services that were provided in previous
<br /> years. Major proposed capital items include:
<br /> Construction of City Hall Facility ($1,450,000)
<br /> Pavement Management Funding ($192,000 in the General Fund)
<br /> Replacement of Plow Truck No, 10] ($92,000)
<br /> Trails Expansion - County Road F by CPI ($65,000)
<br /> He pointed out that funding for the City Hall facility costs are expected to come from the
<br /> following sources:
<br /> . Cable TV Fund ($150,000)
<br /> Advance Refunding Fund ($900,000)
<br /> Municipal Land & Building Fund ($400,000)
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