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Home My WebLink About2016-09-14 Acct. Presentation trvie E! t abl i�shi ed 1 t*ffe S'_�*7 2017 Budget Workshop September 14, 2016 6:30 PM GENERAL FUND 2016 2017 % LevyComparison Budget Proposed Changed Revenues Property Taxes $ 1,965,204 $ 2,138,621 8.8% Special Assessments - 200 Licenses&Permits 108,600 115,100 6.0% Charges for Services 25,300 26,200 3.6% Intergovernmental Revenue 266,899 289,302 8.4% Fines&Forfeits 35,000 28,000 -20.0% Interest Revenue 11,000 13,000 18.2% $ 2,412,003 $ 2,610,423 8.2% Expenditures General Government $ 460,381 $ 481,700 4.6% Public Safety 1,297,222 1,434,673 10.6% teryiiCCe Public Works 385,400 405,100 5.1% Culture&Recreation 19,000 18,950 -0.3% G<tabfis/ie�i 11�; Economic Development - - 0.0% Capital Outlay 250,000 270,000 8.0% $ 2,412,003 $ 2,610,423 8.2% Excess Revenue over $ - $ - (under Expenditures) Debt Service Levy 591,000 545,900 -7.6% TOTAL TAX LEVY $ 2,556,204 $ 2,684,521 5.0% Tax Rate Trends (with estimate for 2017) City of Centerville Payable Estimated % Estimated Tax Impact 2016 2017 Change Certified Tax Levy 2,556,204 2,684,521 5.02% Area Wide Distribution (357,975) (423,584) 18.33% Local Levy 2,198,229 2,260,937 2.85% Net Tax Capacity 3,258,521 3,460,804 6.21% Area Wide Contribution (163,356) (171,371) 4.91% Local Taxable Value 3,095,165 3,289,433 6.28% Tax Capacity Rate 71.0214% 68.7333% -3.22% Average Home Value $ 191,700 $ 202,800 5.79% Net Tax Capacity 1,758 1,879 6.88% Estimated City Taxes $ 1,249 $ 1,292 3.44% Estimated Increase(Decrease) $ 43 Questions?