lg_Not_071127Proposed Total Budget and Property Taxes

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Notice of Proposed Total Budget and Property Taxes ~e Roseville.,City Council will hold a' public hearing on its budget and on ~~ amount of property taxes it is proposing to collect to pay for the costs f_services the City will provide in 2008. PENDING: The total budget amounts below compare the City's 2007 o ' L`actual bud"get :with the amount the City proposes to spend in 2008. 2007 Total Proposed 2008 Change from Actual Budget Budget 2007 - 2008 ', $32,648,799 $35,873,895 9.9% AXES.: The property tax amounts below compare that~portion of the ' ~arrent budget levied in, property taxes in the City' of Roseville for 2007 tai the' property taxes the City proposes to collect in 2008. ;~. 2007 Properly Proposed 2008 Change from 1 ~ ` Taxes Property Taxes 2007 - 2008 ~`~'`~. $11,696,360 $12,896,360 10.3% OCAL TAX RATE COMPARISON: The following compares the City's urrent local tax rate, the estimated City tax rate. for 2008 if no tax levy crease is adopted, and the estimated City proposed tax rate for 2008. ~! 200T 2008 TaX Rate if 2008 Proposed Tax Rate NO t.evy Increase Tax Rate 23.014% 20.689% 23.280% ' Attend he Public Hearing ;.,~ ll Roseville residents are invited to attend the public hearing of the City "siuncil to express'their opinions on the budget and on the proposed ~~ ount of 2008 property, taxes:- The hearing .will be held on: . ' *. Monday, December 3, 2007, at 6:00 p.m. Roseville City Hall 2660 Civic Center Drive -`Roseville, MN ff the discussion of the budget cannot be completed on the initial hearing date, a continuation hearing is to be held on Monday, December 10, 2007, at 6:00 pm at Roseville City Hall. Residents are also invited to send written comments to• City of Roseville, Attn: Finance Director 2660 Civc;Center Drive, Roseville, MN 55113