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CITY OF GEM LAKE, MN 4200 Otter Lake Road Gem Lake, Minnesota 5511.0 — September 14, 201.8 To: Mayor and City Council From: Tom Kelly, Treasurer RE: 20:19 Preliminary Property Tax Levy. State Statues require Cities to.certify their preliminary property tax levies by October 15` this year, Once the preliminary property tax levy is approved and.certified to the County Auditor, the.City can lower the levy during the remaining budget process but cannot exceed the certifed'preliminary levy. For this reason, most Cities certify a preliminary levy using worst�case budget scenarios, which is the case with the Mayor's 2019.preliminary property Ievy and. budget, The 2019 preliminary property tax. .levy. is proposed at $474,589, whicli is a 7.67% decrease over .2018 certified preliminary property tax levy. The 2019 preliminary property tax levy consists of a. debt leuyof $78,601.00 (a decrease from 20I 8 preliminary debt levy of $84,399.00) and the general operating levy of $395,988.00 (a decrease of 7.836/o over 2018 preliminary tax levy).. The following changes were made from the 2.0.18 adopted budget as a basis for the 2019 proposed preliminary property tax levy: 1. Based on .the 2015 .Refunding.Bond schedule the debt levy for 2019 is set for .$77,980,00, In 2018, the debt levy was set at $84;399.00 and $75,987.00 in 2017. For 2019, there are no reserves available to reduce the levy at this time: In addition, in 201.9, the City issued bonds for the improvements on Scheunetnan Road and the 2019 debt levy includes $612.00 for this bond. The two. of these debt levies makes up the City's 2019 debt levy of $78,601, 2. The 2019 Planning and. Zoning budget no .longer includes $5.0,00.0.00 for the Comp. -Plan. Update and engineering services was decreased to $20,000 based on past expenditures. 3. Police budget was increased. 14.58%. to $73,100 per the City of White. Bear Lake. 4. Based on budget numbers provided by the City of White Bear Lake the cost of fire services. could increase 28.01 % to $2.1,825.06, 5. Election services increased to $10,000.0.0 from $8,000.00 based on Ramsey County Election. Department budget numbers. 6.. Building Inspections activity is being increased $22,569 to include a part-tims inspector to help with building activities in 2019. 7. Budget. for Beritage Hall increased to $28,575.00 from $25,85.0.00 based on past expenditures. 8w The 2019 budget includes $30,250 to construct a sidewalk/pathway between LaBore. Road and Big Fox Road, of which Ramsey County will contribute half.tle cost or $15,125, rvliicli is shown in revenues. Look for us on. the. World Wide. Web at Vmlakemn,org