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Regular City Council Meeting Monday, October 15,2012 Page 15 per month, and 2013 would be an additional $6.22 per month, as determined by the City Council to phase the rate increases in over two (2) years. At the request of Councilmember McGehee, Mr. Miller advised that, if ap- proved as recommended, the dollar impact for a typical median valued home in Roseville for the HRA levy would be an additional $1.28 per month. Mayor Roe noted that the HRA tax impact on the average homeowner had not been very high in past years. Councilmember McGehee advised that her intent was to provide information for homeowners on the median impact in dollar amounts versus percentage. Coun- cilmember McGehee noted the importance to recognize economic impacts to property owners over the last few years, as well as the drop in home values over that same time. Based on the figures provided by Mr. Miller, Council member McGehee stated that the impact on the average home for 2013 was $12.68 per month or $152.16 per year. The 2012 levy and fees resulted in $7.5 per month or$85.80 per year. Thus the total increase for the average homeowner during this biennial budget cycle was $237.96. She also noted that this amount will continue in the base going forward. At the request of Councilmember McGehee, Mr. Miller advised that the average drop in home values, based on information from Ramsey County, was approxi- mately 8-10%per year over the last two (2) years. At the request of Councilmember McGehee, and as confirmed by Mayor Roe, Mr. Miller clarified that the loss of homestead credits had been factored into the numbers he had provided; and represented a net effect. Councilmember McGehee noted the impacts to property owners with reduced home values if and when they attempted to sell their homes, as well as recogniz- ing impacts for those who have lost their jobs or if fortunate enough to locate another job, finding the salary substantially lower. Mayor Roe noted that the City Council was cognizant of those issues, even though many were out of its immediate control. Council member McGehee agreed that many economic factors were out of the Council's control, but felt it is necessary to be mindful of them when making our the Council's own eco- nomic impacts on residents. Referencing the October 15, 2012 RCA, Councilmember Pust addressed the proposed 15.8% levy increase for 2013, as itemized on page 1 of the RCA in fourteen (14) categories that would be added to the base budget for 2014 budget discussions, or $2.3 million. Councilmember Pust sought clarification on those