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City of Roseville — 2014 Budget Tax Levy, Tax Capacity, and Tax Impact The tax levy for 2014 is $18,003,721; an increase of $733,895 or 4.2 %. The increase in property taxes is largely attributable to the higher debt service costs associated with the bonds used to finance the Park Renewal program. An increase was also necessary to strengthen the City's asset replacement funding mechanisms, and to offset inflationary impacts. With the proposed tax levy and estimated changes in the City's tax base, a median - valued home of $194,000 would see an increase of $65 or 7.1 % in their local property taxes. The following graph and table summarizes the 2014 tax levy. Tax Levy Distribution Debt Service_ 20% Capital Replacements 9% Fund / Program General Fund Programs Parks & Recreation - Programs Parks & Recreation - Maintenance Pathways & Parking Lots Maintenance Boulevard Landscaping General Vehicle Replacements General Equipment Replacements IT Equipment Replacement General Facility Replacement Park Improvement Program Street Lighting Replacement Debt Service - Street Replacement Debt Service - City Hall, Public Works Buidings Debt Service - Ice Arena Debt Service - Fire Station, Park Renewal I Debt Service - Park Renewal Phase II & III Operations 71% $ Increase % Increase 2013 2014 Decrease Decrease $ 1012581611 $10,432,506 $ 1731895 1.7% 110551215 110551215 - 0.0% 110201000 110201000 - 0.0% 1501000 1501000 - 0.0% 601000 601000 - 0.0% 7371000 7251000 (12,000) -1.6% 5371000 5491000 121000 2.2% 1255000 2001000 755000 60.0% 1221000 471000 (75,000) -61.5% 401000 401000 - 0.0% 251000 251000 - n/a 3101000 3101000 - 0.0% 8251000 8251000 - 0.0% 3551000 3551000 - 0.0% 8351000 8351000 - n/a 8151000 113751000 5601000 n/a $ 1712691826 $18,003,721 $ 7331895 4.2% C