HomeMy WebLinkAboutPreliminary Tax Levy Oak Park Heights
Request for Council Action
Meeting Date September 11 2012
Agenda Item Title _Schedule Public Comment /Hearing meeting for Truth in Taxation
Time Required 5 Minutes
Agenda Placement New Business
Originating Department/ Requestor Finance -Betty Caruso Finance Director
Requester's Signature
Action Requested Set date and time for public comment/ hearing for Truth in
Taxation.
Background/ Justification (Please indicate any previous action, financial
implications including budget information and recommendations).
All counties, school districts, cities over 500 population, and metropolitan special taxing districts are required
to hold a single meeting in which the public is allowed to speak and the budget and levy is discussed. This
meeting may be a part of a regularly scheduled meeting. The hearing must be between November 25 and
December 26 and be held after 6:00 PM. If a regular meeting is not scheduled then it will be necessary to
schedule a special meeting for this purpose. The meeting date does not need to be coordinated with the
home county auditor to avoid conflicting with meetings occurring in overlapping taxing authorities.
At the meeting in which the proposed levy is adopted, the City is required to announce the meeting time and
location of the subsequent meeting at which the budget and levy will be discussed and at which the public will
be allowed to speak. The time and place of the meeting must also be included in the summary of proceedings
published in the official newspaper. The City must also provide the county auditor with the time and place of
the public hearing at the same time the proposed levy is certified.
The budget and levy must be discussed and the final levy determined at the TNT hearing. Council may adopt a
final budget at this meeting, but is not required to do so.
There are two regularly scheduled meeting between November 25 and December 26. The regularly
scheduled meeting dates are December 4, and December 11. We tentatively set the TNT hearing for
December 4, 2012 at our January 10, 2012 council meeting.
We could schedule the TNT hearing for December 4, 2012 and could adopt the budget and levy that night or
adopt the final budget on December 11, 2012. If you wish to have a separate date for the adoption of the
budget and levy, you will need to schedule a special hearing date for the TNT hearing or subsequent
adoption hearing.
2013 BUDGET COMPARED TO 2012 BUDGET
2012
AMENDED 2013 INCREASE
BUDGETED PROPOSED (DECREASE) %
REVENUES
TAX LEVY FOR OPERATIONS $ 3,692,062 $ 3,990,193 $ 298,131 8.07%
TAX LEVY FOR DEBT $ 536,000 $ 548,000 $ 12,000 2.24%
TOTAL TAXES LEVIED $ 4,228,062 $ 4,538,193 $ 310,131 7.34%
MARKET VALUE HOMESTEAD CREDIT $ - $ - $ - 0.00%
OTHER TAXES -PILOT $ 59,000 $ 65,500 $ 6,500 11.02%
BUSINESS LICENSES - PERMITS $ 36,300 $ 36,105 $ (195) -0.54%
NONBUSINESS LICENSES - PERMITS $ 47,100 $ 13,750 $ (33,350) - 70.81%
FINES & FORFEITS $ 50,500 $ 50,500 $ - 0.00%
INTERGOVERNMENTAL REVENUES $ 70,040 $ 74,040 $ 4,000 5.71%
CHARGES FOR SERVICES $ 13,132 $ 8,680 $ (4,452) - 33.90%
MISC. REVENUES $ 150,550 $ 106,650 $ (43,900) - 29.16%
USE OF FUND BALANCE $ 10,000 $ - $ (10,000 -
$ 4,664,684 $ 4,893,418 $ 228,734 4.90%
EXPENDITURES
MAYOR & COUNCIL $ 92,935 $ 94,130 $ 1,195 1.29%
CITY ADMINISTRATION $ 247,738 $ 251,395 $ 3,657 1.48%
LEGAL $ 30,000 $ 30,000 $ - 0.00%
GENERAL MANAGEMENT & BUILDING $ 127,675 $ 136,210 $ 8,535 6.68%
ELECTIONS $ 11,740 $ 1,070 $ (10,670) - 90.89%
FINANCE $ 259,275 $ 268,024 $ 8,749 3.37%
COMPUTER $ 31,500 $ 35,800 $ 4,300 13.65%
AUDIT $ 27,500 $ 28,200 $ 700 2.55%
INSURANCE $ 349,761 $ 379,448 $ 29,687 8.49%
ASSESSING $ 22,700 $ 22,185 $ (515) -2.27%
PLANNING & ZONING $ 36,000 $ 32,000 $ (4,000) - 11.11%
ENGINEERING $ 27,000 $ 27,850 $ 850 3.15%
BUILDING INSPECTIONS $ 141,975 $ 138,804 $ (3,171) -2.23%
POLICE $ 1,164,889 $ 1,239,230 $ 74,341 6.38%
FIRE $ 160,380 $ 185,000 $ 24,620 15.35%
CIVIL DEFENSE $ 5,050 $ 3,100 $ (1,950) - 38.61%
ANIMAL CONTROL $ 1,635 $ 1,650 $ 15 0.92%
PUBLIC WKS- STREET MAINTENANCE $ 63,885 $ 71,694 $ 7,809 12.22%
PUBLIC WKS -SNOW REMOVAL $ 129,000 $ 132,810 $ 3,810 2.95%
PUBLIC WKS- STREET LIGHTING $ 68,700 $ 70,500 $ 1,800 2.62%
TREE REMOVAL /PLANTING $ 49,850 $ 53,850 $ 4,000 8.02%
SANITATION & WASTE $ 197,800 $ 197,800 $ - 0.00%
PARKS $ 150,471 $ 153,708 $ 3,237 2.15%
COUNCIL CONTINGENCY $ 10,000 $ 12,500 $ 2,500 25.00%
TRANSFERS FOR DEBT $ 536,000 $ 548,000 $ 12,000 2.24%
TRANSFERS OUT $ 721,225 $ 778,460 $ 57,235 7.94%
$ 4,664,684 $ 4,893,418 $ 228,734 4.90%
Summary of Revenue and Expenditures
2013 BUDGET RECAP - CHANGES IN LEVY
2012 2013 INCREASE
BUDGETED REQUESTED (DECREASE)
TAX LEVY
TAX LEVY FOR OPERATONS $ 3,692,062 $ 3,990,193 $ 298,131
TAX LEVY FOR DEBT $ 536,000 $ 548,000 $ 12,000
TOTAL TAXES LEVIED $ 4,228,062 $ 4,538,193 $ 310,131
INCREASE (DECREASE) IN OPERATIONAL EXPENDITURES
DEBT LEVY $ 12,000
CONTRACTED SALARY INCREASE $ 13,950
RELATED BENEFITS $ 6,682
ADDED PERSONNEL: SALARY AND BENEFITS
OFFICER $ 86,670
PT -PW $ 3,620
ELECTIONS $ (10,670)
POLICE TRAINING EXPENSES $ 14,600
FIRE CONTRACT $ 24,620
ADDITIONAL MATERIAL SUPPLIES -ALL DEPTS $ 3,000
HEALTH /DENTAL INSURANCE INCREASE $ 12,919
TREE REMOVAL ADDITIONAL PROJECTS $ 4,000
INCREASE SNOW REMOVAL $ 3,810
INCREASE PROFESSIONAL CONSULTANT SERVICES $ 3,795
CONTINGENCY $ 2,500
TOTAL $ 181,496
CAPITAL PROJECTS
COMPUTERS /SOFTWARE REPLACEMENT FUNDS $ (18,700)
VEHICLE REPLACEMENT FUNDS $ (8,475)
CIVIL DEFENSE SIREN FUNDS $ (6,000)
RENEWAL AND REPLACEMENT MUNICIPAL BUILDING $ 30,000
RENEWAL AND REPLACEMENT PARKS BUILDINGS $ 50,000
STORM SEWER REPLACEMENT /RENEWAL $ 2,185
STREET RECONSTRUCTION FUNDS $ 8,225
TOTAL $ 57,235
(INCREASE) DECREASE IN REVENUE
REDUCTION IN INTEREST REVENUE $ 40,000
REDUCTION IN PERMIT FEES $ 33,350
STATE /LOCAL GRANT FUNDS $ (4,000)
OTHER MISC NET CHANGES (inc) $ 2,050
TOTAL $ 71,400
TOTAL CHANGES TO TAX LEVY $ 310,131
Recap of changes in tax levy 2013