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Attachment F - 12/7/20 Council meeting <br />17 2021 Preliminary Tax Levy & Budget <br />18 The 2021 Proposed Budget & Tax Levy call for a city tax levy of $23,815,159, an increase of $1,173,389 <br />19 or 5.18%. However, most homeowners will see a lower percentage increase due to rising property values <br />20 in the commercial sector which broadens the tax base. <br />21 <br />22 A median-valued single-family home of $280,600 will pay approximately $1,020 annually in property <br />23 taxes or $85.04 per month. This is a decrease of $17.40 annually or 1.7%. In exchange, residents receive; <br />24 24 x 7 x 365 police and fire protection, well-maintained streets and parks, street lighting, and other services. <br />25 <br />26 The following table describes the different factors resulting in the increase in the 2021 city tax levy: <br />27 <br />City of Roseville <br />Summary of Tax Levy Changes <br />For 20212021 <br />Budget <br />Existing and General Impacts <br />Existing Staff Costs (COLA 3% union/1% non-union, wage <br />step increases, overtime, retirement, health insurance)$ 198,710 <br />Supplies and Materials 24,280$ <br />Contractural Services and Debt Service196,915$ <br />Sub-total419,905$ <br />New Staffing Impacts <br />AD: Admin Intern15,000$ <br />AD: Equity and Inclusion Manager 110,000$ <br />PD: 1 Officer: Commitment to Diversity Program92,100$ <br />PD: 3 Officers: Community Action Team276,300$ <br />PD: Record Tech Position Reclass4,400$ <br />PD: Investigative Analyst Position Reclass8,550$ <br />PD: Lead CSO hour decrease(6,200)$ <br />FD: 3 Lieutenants30,000$ <br />FD: 6 Firefighters599,280$ <br />Sub-total1,129,430$ <br />Adjusted Funding Sources <br />Add: Communications levy50,000$ <br />Add: Decreased non-tax levy revenues (net)173,334$ <br />Less: Additional non-tax revenue: SAFER Grant(599,280)$ <br />Sub-total(375,946)$ <br />Total Levy Impact$ 1,173,389 <br />28 <br />29 <br />30 <br />31 It should be noted that nearly 40% ($478,400) of the tax levy increase is necessary for increased police <br />32 officers (Community Action Team and Commitment to Diversity Program) and an Equity & Inclusion <br />33 Manager. <br />Page 2 of 4 <br /> <br />