HomeMy WebLinkAbout6.d. Resolution Setting 1998 Preliminary Levy and Budget Hearing DatesCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 2, 1997
AGENDA ITEM: Resolution Setting 1998 Preliminary Levy
AGENDA SECTION:
and Budget Hearing Dates
Consent
PREPARED BY: Jeff May, Finance Director
AGENDA na
ATTACHMENTS: Resolution, County Levy & Hearing Forms,
APPROVED BY:
and Summary Pages of 1998 Levy Information
—;;;q
I
This evening, a resolution is before the Council to formally adopt the 1998 preliminary levy and to set
the budget hearing dates required under truth in taxation laws. The preliminary levy and hearing
dates are based on discussion that took place at the August 18th Council meeting. Council chose to
increase the preliminary levy by about $150,000 for future Street CIP uses with the understanding
that amount could be discussed at future meetings, especially after the citizens' truth in taxation
notices were received in early November. This increase in the preliminary levy puts us at the "levy
limit" that was certified to us by the State in August. At this time we do not have enough information
provided to us by the County to know how any levy that we set will impact the citizens. Because of
the uncertainty of what levy limits and class rate changes to the property taxes will have, we felt it
most appropriate to levy the full amount allowed under law(because our levy can be decreased after
the preliminary levy is set but not increased) and address the levy at a later date when the needed
information is provided by the County sometime later in September or early in October. Also, with
the large County street projects looming in 1999(160th Street and Diamond Path), levying the
additional amount in 1998 will enable us to better handle those large projects in 1999 when levy limits
will still be in place.
We did not copy the budgets again, with the exception of the summary pages that detail the impact of
the approximate $150,000 addition to our levy(which will be added to the Street CIP total).
Therefore, we do ask the Council to bring their old copies of the budgets with them to the meeting in
case there would be need for additional discussion on the levy or the hearing dates(the hearing dates
have both been scheduled for 7:00 p.m.).
RECOMMENDED ACTION:
Motion to adopt A RESOLUTION SETTING THE PRELIMINARY 1998 GENERAL FUND
OPERATING BUDGET, THE 1998 C.I.P. BUDGETS, THE 1998 INSURANCE BUDGET AND THE
1998 LEVY REQUIRED BY THE CITY OF ROSEMOUNT.
COUNCIL ACTION:
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1997 -
A RESOLUTION SETTING THE PRELIMINARY 1998 GENERAL FUND OPERATING
BUDGET, THE 1998 C.I.P. BUDGETS, THE 1998 INSURANCE BUDGET AND
THE 1998 LEVY REQUIRED BY THE CITY OF ROSEMOUNT
WHEREAS, the City Council of the City of Rosemount has determined that budgets and
special needs for the year 1998 will be in the amount of $5,761,490 for the General
Operating Fund, the three CIP Funds and the Insurance Fund; and
WHEREAS, the City Council has determined that special levies for Bonded Indebtedness
(including $156,135 for the market value based referendum levy for the fire station) and the
Armory Project total $931,835; and
WHEREAS, the City Council has determined that actual incomes, fund transfers and
anticipated aids will total $2,158,127.
NOW, THEREFORE BE IT RESOLVED, that the total Preliminary Levy certified to the
Dakota County Auditor shall be $4,379,063 for the normal levy and $156,135 for the market
value based referendum levy; and
BE IT FURTHER RESOLVED, that the City Council of the City of Rosemount will conduct a
Public Hearing for the purpose of presenting the proposed budget and levy to the general
public and to comply with Truth in Taxation laws as set by the Minnesota State Legislature,
and that the hearing shall take place on December 4, 1997, at 7:00 P.M., in the Council
Chambers at the City Hall; and
BE IT FURTHER RESOLVED, that if a continuation of that hearing is necessary it shall
take place on December 11, 1997, at 7:00 P.M.
ADOPTED this 2nd day of September, 1997.
ATTEST:
Susan M. Walsh, City Clerk
Motion by:
Voted in favor:
Voted Against:
Cathy Busho, Mayor
Seconded by:
DAKOTA COUNTY
OFFICE OF THE TREASURER -AUDITOR
PAYABLE 1998 TRUTH IN TAXATION
HEARING DATE CERTIFICATION
FORM A
Taxing District Name: City of Rosemount
Public Hearing Date: Thursday, December 4, 1997
Time of meeting: 7:00 p.m.
Place of meeting: Rosemount City Hall
2875 145th Street West, Rosemount, MN 55068
Continuation Date: Thursday, December 11, 1997
PLEASE PROVIDE US WITH A CONTACT NAME AND PHONE NUMBER TO WHOM WE MAY REFER
SPECIFIC TAXPAYER QUESTIONS.
Name or Title:
Address:
Phone number:
Signature of person
completing this form:
Title:
Phone number:
Date:
Finance Director
2875 145th Street West
Rosemount, MN 55068
(612) 423-4411
QX77__� 0 • / 1
Finance Director
(612) 322-2031
9-4-97
DCH98
DAKOTA COUNTY
OFFICE OF THE TREASURER—AUDITOR
I A`J
City of Rosemount
TAXING DISTRICT NAME
PAYABLE 1998
PROPOSED LEVY CERTIFICATION
FORM B
Expenditure ;,
Category.
Budget. . >
I Requirement,
A ....;:
Property Tax Aids
Other _ ..::
Resources.(E=A—B.—C—D)
Certified Levy, .;.
E
LGA
g(ClD
HACA
General Revenue
Is 5,761,490
s 380,488
Is 550,773
Is 1,226,866
10,603,363
Debt Service Total *
775,700
I 775,700
Road and Bridge
Other fidentifv)
ITotal Is 6,537,190 Is 380,488 Is 550,773 Is 1,226,866 ls4,379,063
• provide breakdown of certified levy by individual bond on reverse side or attach an additional sheet ( See Attached)
Market Value Based Referendum Levy s 156,135
A—Budget Requirement ................................................ Amount needed to fund services.
8—LGA (Local Government Aid).....................................These aids are certified to the taxing district by the Department of Revenue. They can be used
C—HACA (Homestead & Ag Credit Aid).........................to reduce any budget item levy requirement combination of items or be deducted proportionally
from all levy requirements.
D—Other Resources .......................................................All other resources that will be used to finance your taxing districts budget. Including but not limited
to other aids, interest income, prior year reserves, grants, etc.
E—Certified Levy............................................................Levy certified to the County Treasurer—Auditor. ROUND TO THE NEAREST WHOLE DOLLAR. DO NOT
CERTIFY PENNIES. The Treasurer—Auditor's office will deduct Fiscal Disparities from all certified levies.
Before signing, please verify the following:
► MAKE SURE THAT ALL LINES ADD ACROSS AND ALL COLUMNS ADD UP TO THE TOTAL LINE
► BREAKDOWN OF DEBT SERVICE LEVY BY INDIVIDUAL BOND HAS BEEN PROVIDED
► AMOUNTS REPORTED MATCH ANY OTHER SUPPORTING DOCUMENTATION INCLUDED
i.e., Certified Levy on this form matches amount on your taxing district's resolution, etc.)
C` Finance Director
Signat a of p4rson completing form Title
9-4-97
Date
(612) 322-2031
Phone
Dakota County City of Rosemount
Office of the Treasurer -Auditor TAXING DISTRICT NAME
DETERMINATION FOR
1998 CONSTANT SPENDING LEVY
Form E
1. Pa(able 1997 Final Total Certified Levy 4,085,155
Includes Market Value Based Referendum Levy)
2. 1997 Property Tax Aids
a. Real Estate I :ACA
b. Local Government Aid
c. Local Performance Aid
d. other (please specify)
3. 1998 Property Tax Aids
a. Real Estate HACA
b. Local Government Aid
c. Local Performance Aid
d. other (please specify)
4.1998 Constant Spending Levy (1+2-3)
550,773
382,611
13,216
550,773
380,488
16,266
4,084,228
Your constant spending levy must be determined to compute any increase dere to spending
for your district.
MINNESOTA Department of Revenue
Property Tax Division Mail Station 3340 St. Paul, ININ 55146-3340
Phone (612) 296-3155 Fax (612) 297-2166
Payable 1998 Overall Levy Limitation Notice July 31, 1997
ROSEMOUNT CITY OF
CLERK TREASURER
CITY HALL
2875 145TH ST W
ROSEMOUNT, MN 55068
The payable 1998 overall levy limitation for your city is: S 3,603,363
The following is a listing of the factors used in determining your city's payable 1998
overall levy limitation. See the enclosed letter for an explanation of these factors and for
additional information concerning your city's overall levy limitation.
1.
Total Final Certified Levy for the Taxes Payable Year 1997:
$
4,085,155
2.
Payable 1997 Levy for Bonds and Certificates of Indebtedness
a. Bonded Indebtedness:
$
489,126
b. Certificates of Indebtedness:
$
c. Armory Bonds:
$
140,314
d. Bonds of Another Governmental Subdivision:
$
e. Total (a + b + c + d):
$
629,440
3.
Payable 1997 Market Value -Based Referendum Levy:
$
153,340
4.
1997 Property Tax Aids
a. 1997 Certified Local Government Aid (LGA):
$
382,611
b. 1997 Certified Homestead and Agricultural Credit Aid (HACA):
$
550,773
c. 1997 Certified Local Performance Aid (LPA):
$
13,216
d. 1997 Taconite Aids:
$
e. Total (a + b + c +d):
$
946,600
5.
Beginning Levy Limit Base for Payable 1998 (1 - 2e - 3 + 4e):
$
4,248,975
6.
Implicit Price Deflator Adjustment:
1.022
7.
Household Growth Adjustment
a. 1995 Households:
3,783
b. 1996 Households:
3,963
c. Ratio of 1996 to 1995 Households (b/a, but not less than 1.000):
1.048
8.
Adjusted Levy Limit Base for Payable 1998 (5 x 6 x 7c):
$
4,550,890
9.
New Net Tax Capacity -Based Referendum Levies:
$
10.
1998 Property Tax Aids
a. 1998 Certified Local Government Aid (LGA):
$
380,488
b. 1998 Certified Homestead and Agricultural Credit Aid (HACA):
$
550,773
c. 1998 Certified Local Performance Aid (LPA):
$
16,266
d. 1998 Taconite Aids:
$
e. Total (a + b + c +d):
$
947,527
11.
Payable 1998 Overall Levy Limitation (8 + 9 - I Oe):
S
3,603,363
An equal opportunity emplover 7T}'/TDD: (612) 215-0069
FUNDING REQUMMIENTS - USES
(INCLUDING FIRE STATION LEVY)
September 2, 1997
1997 1998
Adopted Proposed +/-
Departments Budget Budget Difference Percentage
Council Budget
$71,100
$70,900
($200)
-0.28%
Administration Budget
232,100
267,900
35,800
15.42%
Elections Budget
5,800
10,800
5,000
86.21%
Finance Budget
132,800
140,400
7,600
5.72%
General Government Budget
201,600
206,200
4,600
2.28%
Community Development Budget
383,700
387,900
4,200
1.09%
Police Budget
1,186,300
1,245,200
58,900
4.97%
Fire Budget
169,200
190,000
20,800
12.29%
Public Works Operating Budgets:
Government Buildings Budget
280,200
289,200
9,000
3.21%
Fleet Maintenance Budget
272,200
289,500
17,300
6.36%
Street Maintenance Budget
646,300
683,000
36,700
5.68%
Parks Maintenance Budget
305,700
309,000
3,300
1.08%
Park & Rec Budget - General Operating
511,100
534,200
23,100
4.52%
Park & Rec Budget - Special Programs
74,800
80,200
5,400
7.22%
Other Financing Uses - Transfers
105,400
0
(105,400)
-100.00%
Total Operating Budgets - General Fund
--------------------------------------
$4,578,300
-------------------
$4,704,400
----------------
$126,100
2.75%
Building CIP Requirements
37,000
64,000
27,000
72.97%
Street CIP Requirements
199,000
319,190
120,190
60.40%
Equipment CIP Requirements
484,800
486,900
2,100
0.43%
Insurance Budget Requirements
180,000
187,000
7,000
3.89%
Bonded Indebtedness
489,126
631,400
142,274
29.09%
Bonded Indebtedness - Fire Station Levy
153,340
156,135
2,795
1.82%
Armory Anticipatory Levy (Value 6/1/97)
140,314
144,300
3,986
2.84%
**$95,000 + ($617,787,324 x .00798%)**
Total Funding Requirements
--------------------------------------
$6,261,880
-------------------
$6,693,325
---------------
$431,445
6.89%
NOTE: Special Levies include (1)Bonded Indebtedness, (2)Fire Station Levy and (3)Armory Anticipatory Levies.
FUNDING REQUIREMENTS - SOURCES
(INCLUDING FIRE STATION LEVY)
September 2, 1997
Types
1997
Adopted
Budget
1998
Proposed
Budget
Difference
+/-
Percentage
Local Government Aid (LGA)
$382,611
$380,488
($2,123)
-0.55%
Homestead & Agricultural Aid (HACA)
550,773
550,773
0
0.00%
Local Performance Aid (LPA)
13,216
16,266
3,050
23.08%
Internal Revenue Generated:
Licenses and Permits
226,900
204,900
(22,000)
-9.70%
Intergovernmental
374,100
351,150
(22,950)
-6.13%
Charges for Services
302,725
337,750
35,025
11.57%
Fines & Forfeits
100,000
90,000
(10,000)
-10.00%
Recreational Fees
174,100
179,500
5,400
3.10%
Miscellaneous Revenues
48,800
43,800
(5,000)
-10.25%
Transfers In
3,500
3,500
0
0.00%
Total Internal Revenues
--------------------------------------
1,230,125
-------------------
1,210,600
---------------
(19,525)
-1.59%
Levy Sources:
Special Levies
782,780
931,835
149,055
19.04%
General Levy
3,302,375
3,603,363
300,988
9.11%
Total Levy
--------------------------------------
$4,085,155
-------------------
$4,535,198
---------------
$450,043
11.02%
Total Revenue Sources
------------------- -------------------
$6,261,880
-------------------
$6,693,325
---------------
$431,445
6.89%
NOTE: Special Levies include (1)Bonded Indebtedness, (2)Fire Station Levy and (3)Armory Anticipatory Levies.
1997 GENERAL PROPERTY TAX LEVY PAYABLE 1998
GENERAL LEVY
GENERAL FUND
$2,546,273
BUILDING CIP FUND
$64,000
STREET CIP FUND
$319,190
EQUIPMENT CIP FUND
$486,900
INSURANCE FUND
$187,000
TOTAL GENERAL LEVY $3,603,363
BONDED INDEBTEDNESS
G.O. IMPROVEMENT BONDS 1991A (Authorized - $5,804)
$5,804
G.O. COMMUNITY CENTER BONDS 1992C (Authorized - $101,252)
$101,252
G.O. IMPROVEMENT BONDS 1992D (Authorized - $7,572)
$7,572
G.O. MUNICIPAL BUILDING BONDS 1992E (ICE ARENA) (Authorized - $375,625)
$109,200
G.O. IMPROVEMENT REFUNDING BONDS 1993B (Authorized - $294,222)
$0
G.O. MUNICIPAL BLDG REFUNDING BONDS 1993D (Authorized - $148,801)
$148,801
G.O. BONDS 1993E (Port Authority) (Authorized - $67,185)
$67,185
G.O. BONDS 1994A (Port Authority) (Authorized - $169,817)
$169,817
G.O. IMPROVEMENT BONDS 1995A (Authorized - $21,769)
$21,769
TOTAL BONDED INDEBTEDNESS $631,400
MARKET VALUE BASED REFERENDUM -1995 FIRE STATION LEVY
G.O. FIRE STATION BONDS, 1996A (Authorized - $156,135) $156,135
---------------------------
TOTAL FIRE STATION LEVY $156,135
PRINCIPAL AND INTEREST ON ARMORY BONDS
ARMORY ANTICIPATORY LEVIES ($95,000 + ($617,787,324 x.00798%)) $144,300
TOTAL PRINCIPAL AND INTEREST ON ARMORY BONDS $144,300
GRAND TOTAL 1998 PROPERTY TAX LEVY $4,535,198
SPREAD LEVY COMPUTATIONAL WORKSHEET
(INCLUDING FIRE STATION LEVY)
(1) Actual Spread Levy Based on Numbers from Dakota County
(2) 1998 Numbers Provided by Minnesota Department of Revenue
(3) 1998 Number Provided by Dakota County - ???
(4) Market Value Based Levy for Fire Station - Based on $156,135 Levy Spread to Taxable Market Value on 12/31/97
Last Update from Dakota County 7/2/97 Shows the Levy of $156,135 / $617,787,324 = $.25 per $1,000 as our Estimate
Last Update - 9/2/97
(Proposed)
1995
1996
1997
1998
Total Funding Requirements
5,427,086
6,018,489
6,261,880
6,693,325
Less: Internal Revenues
1,256,305
1,250,110
1,230,125
1,210,600
Less: Market Value Based Levy - Fire Station (See Below)
0
155,000
153,340
156,135
(4)
Equals: Revenues Needed
4,170,781
4,613,379
4,878,415
5,326,590
City Adjustments (All Subtractions):
Local Government Aid (LGA)
384,888
385,706
382,611
380,488
(2)
Homestead & Agricultural Credit Aid (HACA)
562,494
534,077
550,773
550,773
(2)
Local Performance Aid (LPA)
0
0
13,216
16,266
(2)
Levy Certified by City to County Auditor
3,223,399
3,693,596
3,931,815
4,379,063
County Auditor Adjustments (All Subtractions):
Fiscal Disparities Distributuion Levy (Metro Area)
312,157
383,430
420,803
420,803
(3)
Spread Levy Used to Compute Local Tax Rate
2,911,242 (1)
3,310,166 (1)
3,511,012 (1)
3,958,260
Increase from Previous Year in Spread Levy
13.70%
6.07%
12.74%
Market Value Based Referendum Levy - Fire Station
N/A
155,000
153,340
156,135
(4)
(1) Actual Spread Levy Based on Numbers from Dakota County
(2) 1998 Numbers Provided by Minnesota Department of Revenue
(3) 1998 Number Provided by Dakota County - ???
(4) Market Value Based Levy for Fire Station - Based on $156,135 Levy Spread to Taxable Market Value on 12/31/97
Last Update from Dakota County 7/2/97 Shows the Levy of $156,135 / $617,787,324 = $.25 per $1,000 as our Estimate
Last Update - 9/2/97
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1997 -
A RESOLUTION SETTING THE PRELIMINARY 1998 GENERAL FUND OPERATING
BUDGET, THE 1998 C.I.P. BUDGETS, THE 1998 INSURANCE BUDGET AND
THE 1998 LEVY REQUIRED BY THE CITY OF ROSEMOUNT
WHEREAS, the City Council of the City of Rosemount has determined that budgets and
special needs for the year 1998 will be in the amount of $5,761,490 for the General
Operating Fund, the three CIP Funds and the Insurance Fund; and
WHEREAS, the City Council has determined that special levies for Bonded Indebtedness
(including $156,135 for the market value based referendum levy for the fire station) and the
Armory Project total $931,835; and
WHEREAS, the City Council has determined that actual incomes, fund transfers and
anticipated aids will total $2,158,127.
NOW, THEREFORE BE IT RESOLVED, that the total Preliminary Levy certified to the
Dakota County Auditor shall be $4,379,063 for the normal levy and $156,135 for the market
value based referendum levy; and
BE IT FURTHER RESOLVED, that the City Council of the City of Rosemount will conduct a
Public Hearing for the purpose of presenting the proposed budget and levy to the general
public and to comply with Truth in Taxation laws as set by the Minnesota State Legislature,
and that the hearing shall take place on December 4, 1997, at 7:00 P.M., in the Council
Chambers at the City Hall; and
BE IT FURTHER RESOLVED, that if a continuation of that hearing is necessary it shall
take place on December 11, 1997, at 7:00 P.M.
ADOPTED this 2nd day of September, 1997.
ATTEST:
Susan M. Walsh, City Clerk
Motion by:
Voted in favor:
Voted Against:
Cathy Busho, Mayor
Seconded by:
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 2, 1997
AGENDA ITEM:
AGENDA SECTION:
RENEWAL OF HUNTING PERMITS
CONSENT
PREPARED BYELLIEL
AGENDJTt�A
KNUTSEN, CHIEF OF POLICE
# b
ATTACHMENTS: NONE
APPROVED BY:
4
N
Hunting with firearms is prohibited West of Bacardi/Biscayne Avenues unless
special permission is granted by the city council.
Each year three families owning land within the area above have had special
permits approved by the city council and issued by the police department to
hunt during the DNR established hunting season.
The following same families have again requested permission to hunt on
their properties during the 1997 waterfowl hunting season.
Earl Marotzke family, 535 Gun Club Road. .(Farm property includes 102
acres within Rosemount.)
Earl Bester Property, 2140 120th Street West. (Owner of 40 acres
southwest of 120th Street and Bacardi Avenue West.)
Donald Wachter family, 15247 Biscayne Avenue West. (150 acre farm 1/4
mile south of Dakota County Road 42 and west of Biscayne Avenue.)
RECOMMENDED ACTION: MOTION TO APPROVE PERMITS, ISSUED BY THE POLICE
DEPARTMENT, TO AUTHORIZE THE MAROTZKE'S, BESTER'S AND WACHTER'S FAMILIES
TO HUNT ON THEIR PROPERTY DURING THE 1997 WATERFOWL SEASON WHICH IS NOT
IN CONFLICT WITH STATE LAW OR REGULATIONS.
COUNCIL ACTION: