CCP 12-15-1997 - Laserfiche WebLink

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I' DRAFT AEDI;;N HILLS TRUTH-IN- T AXAlION - DECEMBfR 4, 1997 3 I I- Mr. Post went on to show a comparison of neighboring cities and the State Aid dollars they receive. The average for eight of the neighboring cities is $50 per capita total aid, where Arden Hills receives only $10 per capita aid. I Mr. Post stated, based on the median example for a $140,300 home, residents would receive City services for $31.08 per month. The services include police protection, administration of the City, street maintenance, park maintenance, fire protection, Capital Funds & Recreation transfer, and I protective inspections. He noted residents receive quality services for about the price ofmontWy cable television service. I Mr. Post noted another comparison of Arden Hills with seven metro area cities with populations from 5,000 to 10,000. He noted Arden Hills, compared to its peers, spends approximately 80% I of those in similar population ranges and receives only about 30% of State Aid compared to that of its peers. I Discussion of Proposed City Budget Mr. Post indicated how the proposed 1998 Budget impacts the City taxes. He pointed out the I impact of changes in property class rates, noting that residential taxes are increasing and commerciaVindustrial taxes are decreasing. Ie Mr. Post indicated the General Fund revenues are proposed at $2,521,620, of which 72% is property taxes of$I,825,71O, charges for service 1%, intergovernmental of 13%, miscellaneous of 5%, license and permits of 8%, and fines and forfeits of 1%. I Mr. Post indicated the proposed General Fund expentitures budget for 1998 is broken down into I General Operations of 21 %, Police Protection of23%, Fire Protection of 12%, Protective Inspections of3%, Street Maintenance of2l%, Parks and Recreation of 12%, and other Financing uses of 7%. Mr. Post noted the City is looking at a net increase of only 1.91 % in the I City levy for 1998. This is below the levy limit maximum set by the State Department of Revenue. I Mr. Post indicated there are no major changes in scope of services that were provided in previous years. Major proposed capital items include: I Construction of City Hall Facility ($1,450,000) Pavement Management Funding ($192,000 in the General Fund) Replacement of Plow Truck No. 10 I ($92,000) I Trails Expansion - County Road F by CPI ($65,000) He pointed out that funding for the City Hall facility costs are expected to come from the I following sources: ~ Cable TV Fund ($150,000) Advance Refunding Fund ($900,000) Municipal Land & Building Fund ($400,000) I