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HomeMy WebLinkAbout2012-12-12 Slide Presentation - Budget & Levy Agenda *Levy/ Budget *General Fund Balance *2013 General Fund Budget *2013 Levy * 2013 Tax Rates * Utility Rates and Budgets Proposed Budget and Levy Budget and Levy Budget Work Sessions - 6/13,8115 and 10/10 * 9/12 Preliminary Budget and Levy Resolution 10124 Approved 2013 Fee Schedule ,. ii/2o Stakeholders receive proposed property tax bills for 2013 12/12 Final Budget and Levy Resolution. (Public Meeting where the budget is discussed) Projected General Fund Balance Project? 10,324 at 12/31/12 • 53% of 2013 budget expenditures • Surplus of $68,674 from Council target goal of 40 to 50% • Of that surplus roughly $18,700 committed to the construction of a single Volleyball court 1 General Fund - Expenditu Salaries an = 0% for Mayor /Council and Commi 8 FTE's 6 FTE's at top of pay scale 12 FTE's eligible for step increase 2% COLA increase $300 annual increase per employee insurance contribution Supplies Inflationary increases Capital Outlay $54,000 Capital Equipment Savings $168,900 Street Maintenance Savings Single Volleyball Court (Reserves) -_ Road Project (Bond Issue and Assessments) General • - Expenditu en 2012 2013 _. $500,900 J$482,700 -4% Public Safety 2012 2013 % Change $1,018,400 1$1,020,500 1 0% Public Works 2012 2013 % Change $343,100 J$318,700 -7% General • - Expenditu u 2012 2013 $18,900 1$19,300 2% A Capital Outlay 2012 2013 % Change $191,500 J$222,900 16% 2 General Fund - Revenues General Tax 2012 2013 % Change $1,739,600 $1,739,600 0% General Fund — 2013 Budget r Total General u 2012 2013 % Chan $2,059,800 1$2,083,300 1% Total General Fund Expenditures 2012 12013 % Change $2,091,800 1 $2,083,300 0% Debt Service Funds Four outstanding of $8.8 M at 12/31 /i2 * Debt Service Levy 2012 2013 % $529,000 $529,000 0% 3 Overall Overall Tax ft 2012 2013 % Change $2,268,600 $2,268,600 0% The overall levy has remained the same for the last three years and has only increased 1.65% over the last four years. Incor te orated a "savings" plan for Street Mainnance and General Capital Improvements Capacity Tax • p• Personal 48, Property Agriculture 6,026 0% Residential 2,171,403 75% Homestead Residential 264,172 9% Non - homestead Commercial/ 400,322 14% Industrial Total 2,890,309 100% Tax Capacity 'Payable 1013 Tax Capacity 1,890,309 TI F Captured Value AW Contribution (188,496) Net Tax Capacity 2,701,813 Certified Levy 1,168,600 Area Wide Contribution (346,419) Local Levy 1,911,181 Tax Rate Trends •1013 City Tax Rate 71-14% County Tax Rate 44.33% School Tax Rate 44.87% Other Tax Rate 8.61% Total Tax Rate 168.95% 4 Tax Rate Trends = zoo,o $118.57 a month for Police / Fire + Streets (Maintenance and Plowing) Parks Anoka County has 21 Cities = 16 have lower City Tax Rates 4 have greater City Tax Rates Mean tax rate is 53.666% Min tax rate is 26.998% + Max tax rate is 100.975% Water Fund Wow Water Rates 2012 (Quarterly) 2013 (Quarterly) Fixed - $21.00 Fixed - $21.00 Per house Variable - $2.00 Variable - $2.00 Per 1,000 Revenue - $ 358,000 Expenditures - $ 358,000 Sewer Fund 2012 (Quarterly) 2013 Fixed - $65.00 Fixed - $37.00 Per house Variable - N/A (Resident) Per 1,000 Fixed - $55.00 (Commercial) Variable - $1.90 Revenue- $430,000 Expenditures - $ 430,000 5 Storm • Storm Water 2012 (Quarterly) 2013 (Quarterly) Fixed - $12.00 Fixed - $13.00 Revenue - $ 1oo,000 Expenditures - $ 100,000 6