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2013 Proposed Budget. Continued decline in home prices leading to a decrease in the tax capacity over which the tax levy is spread (-7.2%). Decertification.

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Presentation on theme: "2013 Proposed Budget. Continued decline in home prices leading to a decrease in the tax capacity over which the tax levy is spread (-7.2%). Decertification."— Presentation transcript:

1 2013 Proposed Budget

2 Continued decline in home prices leading to a decrease in the tax capacity over which the tax levy is spread (-7.2%). Decertification of the tax increment financing district added tax capacity resulting in a net increase of 9.47% (less than the 17.34% projected) Continuing instability with budgets at the state level and loss of all state aids. Continued lower revenue streams in building and development. Decreased level of investment interest earnings. Need to balance expectations associated with resource allocations and service provision levels Budget Challenges

3 History of Aids Received from the State of Minnesota

4 Revenue Trends – General Fund

5 Budget Challenges $500,000 of annual expenditures associated with Federal and State mandates regarding maintenance of storm water system.  NPDES – National Pollutant Discharge Elimination System  SWPPP – Storm Water Pollution Prevention Program

6 Budget Challenges Rising costs translating to higher prices charged to the City for operating supplies and services (2% was allocated for line item goods and services) Increasing personnel costs –pension and health care. A 3.2% cost of living increase is proposed. Aging infrastructure – analysis of the pro forma statements contained in the Financial Management Plan (FMP) to provide adequate funding of future infrastructure needs.

7 Capital Projects Fund Reserves

8 NMMA 2011Tax Burden Per Capita

9 Tax Levy 2013 Percent Change Net Tax Capacity14,195,16315,538, % General Levy6,921,6717,531, % Special Levies: PERA26,179 Facilities Expansion Loan-250,000 Bond Principal & Interest291,600515,700 Gross Tax Levy7,239,4508,323, % Less Fiscal Disparity(1,396,203)(1,367,003) Net Tax Levy (Actual Levy)5,843,2476,956, % City Tax Rate for Champlin %

10 General Fund Revenue Base Note: Fluctuations occur in revenue from other sources due to the uncertain nature of certain revenue streams such as building permit revenues, fines, etc. The years reflect actual numbers and the years reflect budgeted amounts. The City historically budgets conservatively for these revenue streams.

11 Estimated City Tax Burden on an Average Home in Champlin Value of Average Home in Champlin $225, $207, $190, $181, $166,000 Tax Capacity Value for an Average $166,000 Home 2012/2013 Market Value Market Value Exclusion Taxable Market Value 1% of the First $500,000 $166,000 ($22,300) $143,700 $1, % over $500,0000 Tax Capacity Value$1, /2012 ($181,000)2012/2013 ($166,000)Difference City Tax Rate % After exclusion $745 $659 City Tax Rate % After exclusion $743 $643 ($2) ($16)

12 General Fund Revenues 78% of General Fund Revenues are derived from Taxes

13 GENERAL FUND EXPENDITURES BY FUNCTION 2013 BUDGET % Increase FUNCTION (Decrease) Actual Adopted Proposed 2012 to 2013 General Fund Mayor and Council 94,416 74,775 75,649 87,154 88, % Administration 188, , , , , % Government Services 375, , , , ,538(2.93%) Elections 1,060 20,275 1,869 24,600 2,000(91.87%) Finance 191, , , , , % Management Information 136, , , , , % Assessing 136, , , , , % Legal 41,539 55,729 41,355 49,500 50, % Community Development 51,589 52,250 52,765 55,547 55, % Total General Government 1,216,563 1,225,554 1,227,090 1,350,430 1,371, % Public Safety Police 3,014,008 3,024,892 3,125,289 3,269,971 3,431, % Fire Protection 464, , , , , % Protective Inspection 218, , , , , % Code Enforcement 146, , , , , % Emergency Preparedness Management 24,046 25,707 22,369 27,174 28, % Total Public Safety 3,867,849 3,872,109 3,950,896 4,107,731 4,323, % Public Works Engineering 283, , , , , % Parks and Public Works Maintenance 1,422,773 1,477,660 1,460,031 1,577,050 1,649, % Total Public Works 1,706,078 1,695,249 1,690,955 1,841,477 1,920, % Culture and Recreation Park and Recreation 503, , , , , % Total Culture and Recreation 503, , , , , % Other Functions Cemetery 16,774 17,806 17,613 18,810 19, % Other Financing Uses 1,603,449 1,609,071 2,290,669 1,588,821 1,945, % Total Other Functions 1,620,223 1,626,877 2,308,282 1,607,631 1,965,443 TOTAL GENERAL FUND 8,914,518 8,916,189 9,674,092 9,443,312 10,141, %

14 General Fund Expenditures By Type 2013 Budget

15 General Fund Expenditures By Function 2013 Budget

16 Monthly Tax Supported Services by Department Police and Civil Defense Public Works Debt Service Administration/Government Services/Finance/Legal Infrastructure (transfers) Street Light/Storm Sewer Park and Recreation/Cemetery Fire Community Development/Protective Services City Council Other Total

17 CITY OF CHAMPLIN Who gets your property tax dollars? School District $ (20%) Hennepin County $ (37%) Special Taxing Districts $ (9%) City of Champlin $ (34%) EXAMPLE: Property Tax on a $166,000 Champlin Home is $2, (100%) RETURNED AS SERVICES $ Police & fire protection Street maintenance & plowing Parks & trails Recreation programs Bldg & health inspections Other City services Based on Proposed 2013 tax rates

18 Where Your Tax Dollar Goes (Based on 2013 Tax Rates)

19 n Infrastructure Replacement Program – Budget provides $755,000 for streets (Increase of $230,000) – Budget provides $450,000 for parks – Budget provides $385,000 for capital equipment replacement (Increase of $120,000) – Budget provides $75,000 for Ice Forum (Increase of $25,000) – Budget provides $50,000 for storm sewer BUDGET SUMMARY

20 1.02% or ($27,293 increase) supplies and services % ($375,000 increase) in transfers to infrastructure. Total Increase in the General Fund totaling $697,760 (7.39%) Provides for an increase of 8.75% in the net tax levy which equates to a $2 decrease in City taxes for the median house value of $166,000.


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