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How does Roseville Compare to Other First Ring City’s? <br />6.0 <br />6.1Many other first ring suburban communities like Roseville have an HRA. These <br />communities have similar property values, levy at the maximum HRA amount to fund <br />their housing programs and administration but also have higher overall City annual taxes. <br /> Roseville continues to have one of the lowest property taxes compared to other <br />metropolitan communities of like population size. The following is a sample of first ring <br />cities that levy for housing. <br />City Population Annual City MaximumEst. Annual Average SF <br />TaxHRA Levy Levy Property <br />(HRA not included) <br />AmountValue <br />(175,000 MV) <br />Richfield $34,876 $709Yes $400,000 $177,500 <br />St. Louis Park $44,576 $689Yes $450,000 $175,000 <br />Fridley $27,469 $531Yes $280,000 $175,600 <br />Roseville $33,690 $417Proposed $468,000 $194,256 <br />HRA Suggested Next Steps <br />7.0 <br />7.1Upon conclusion of public hearing, by resolution, adopt a Housing & Redevelopment <br />Authority Tax Levy for 2005 at the maximum amount permissible to be forwarded to the <br />City Council as part of the budget and truth in taxation hearings. <br />Attachments: <br /> Draft Levy Resolution, 2005 Draft Budget (full levy, ½ levy options) <br />Prepared by: Cathy Bennett (651-792-7072) <br /> HRA Budget Hearing & Levy Request - Page 9 of 9 <br /> <br />