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33 For comparison purposes,the following table depicts the current 2011 Property Tax Levy Summary: <br /> 34 <br /> Program / Function Lcv∎ :lmount <br /> Public Safety, Streets, Admin,Legal, &Finance $ 10,714,120 <br /> Parks&Recreation 2,213,924 <br /> Pathway and Boulevard Maintenance 210,000 <br /> Building Maintenance&Information Systems 75,000 <br /> Debt Service 1,490,000 <br /> Total $ 14,703,044 <br /> 35 <br /> 36 It should be noted that the City has already made significant on-going budget reductions over the past <br /> 37 several years. Since 2004, the City eliminated or held vacant 10 employee positions in the core service <br /> 38 areas of public safety, public works, parks & recreation, finance, and administration. This represents a <br /> 39 staffing reduction of 10%in programs that residents have historically rated as a high priority,and resulted <br /> 40 in budget savings of$605,000 annually. <br /> 41 <br /> 42 During this same timeframe,the City also reduced supplies and materials,and monies set aside for vehicle <br /> 43 and infrastructure replacements. <br /> 44 <br /> 45 Property Tax Impact <br /> 46 As noted above,the combined total of the decision packages is$643,000. The following chart depicts the <br /> 4/ monthly property tax impact on a median valued home in Roseville based on varying tax levy increases. <br /> 48 <br /> 49 Monthly Property Tax Increase <br /> 50 For a Median Valued Home <br /> 51 <br /> Current Amount $ 51.78 <br /> Additional Levy: <br /> @ $250,000 $ 1.00 <br /> $ 00,000 140 <br /> @ $400,000 1.60 <br /> ;@:000/09-0 0 <br /> @ $600,000 2.40 <br /> $700,000 2.80 <br /> 52 @$800,000 $ 3.20 <br /> 53 <br /> 54 As the table indicates, a levy increase of$250,000 will result in a monthly impact of$1; a $500,000 <br /> 55 increase will result in an impact of$2 per month, and so on. Under all of these property tax increase <br /> 56 scenarios,the City's local tax rate would remain 25%-26%below the average for peer communities in the <br /> 57 metro area. <br /> 58 <br /> 59 These increases are necessary to fulfill the capital infrastructure goals and objectives identified in the <br /> 60 Imagine Roseville 2025 process and 20-Year Capital Investment Plan(CIP),as well as maintain the highly- <br /> 61 rated services identified in the 2011 Citizen Survey. <br /> 62 <br /> Page 2 of 3 <br />