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Home My WebLink AboutDecember 02. 2002 TENTATIVE AGENDA CITY OF SHAKOPEE ADJ. REGULAR SESSION SHAKOPEE, MINNESOTA DECEMBER 2, 2002 LOCATION: 129 Holmes Street South Mayor William Mars presiding 11 Roll Call at 7:00 p.m. 21 Approval of Agenda 3] Truth in Taxation Hearing — 2002 -2003 Tax Levy 4] Other Business 5] Recess for an executive session to discuss labor negotiations 6] Re- convene 7] Adjourn I� CITY OF SHAKOPEE i I I 2003 Property Faxes r 1 City of Tax Dolli,....r 23% Other 6% %x k 'A F 1 a m ± i I g City - 34% IM Y. G County 37% r ' C i ty o f T ax D o ll ar 34% CiW qr Shakopee 4'1 OM'1�r1!�a"n1i�, a v - •c ° `` A 45827298C' A . _ A 45527298 C 23 SelwoLvEducadon 3 79-o' Scot Count o Tax Capacity Rates Other Taxing Jurisdictions 2002 2003 City 33.976 33.890 School 26.080 23.765 County 39.517 38.670 Metro 3.146 3.819 Other 1.830 1.897 Proposed Tax Rates 2003 New Prague .65866 Jordan .61398 Savage .46496 Prior Lake .38674 Belle Plaine .65443 Shakopee .33890 Determination of P r op erty Taxes Assessor -Est. Market Value State Legislature -Tax Capacity City Council -Tax levy County - Spreads Levy County Treasurer - Collects Taxes Estimate Market Value Assessor 2001 $113,600 2002 $125,000 Homestead i Tax Capacity Calculation Legislature 113 7 600 X 1 ®0% = 1 125 X 1 ®0% = 11250 Tax Capacity R ate Set by council when it sets levy. 1,136 X.33976 = $385.97 1,250 X.33389 = $423.63 Tax Capacity Rate Parts Residential (Est.) Pay `OZ Pay `03 City General Levy .32839 .32857 EDA -City Levy .00318 .00267 Debt Service .00819 .00766 Fire Station (MV) .00764 .01394 TCR X Tax Capacity City .33890 x 1250 $423.63 City .33976 x 1136 $385.97 Fire Station .0001394 x 125000 17.43 Fire Station .0000764 x 113600 8.68 Market Value Credit (87.80) (86.32) Total 306.85 354.74 , i I I 2003 I , Tax Statement i I Changes In Market Value to 03 300000 250000 200000 150000 100000 50000 0 1999 2000 2001 2002 2003 F - 1255000 145000 0146600 W 126400 General Residential 1000 i 900 800 700 600 I 500 400 AL 300 200 100 i 0 1999 2000 2001 2002 2003 187700 196,900 227 253,300 253,300 117 122 125 133,400 133,400 109 117 122,900 136,600 136,600 94 100,700 105,900 117,600 117,600 1 I Res/Cl Comparison Tax Capacity Rate Parts Residential Comm. /Ind. Pay `03 Pay `03 City General Levy .32857 .32857 Debt Service .00766 .00766 EDA -City levy .00267 .00267 Fire Station (EMS .0001394 .0001394 TCR X Tax Capacity City .33890 x 1250 $471.31 City .33890 x 1875 $707.14 Market Value Credit (86.32) Fire Station .0001394 x 125000 17.43 17°43 Total $402.42 $724.57 i C-I Tax a. acit Multiplier Pa `02 Pa `03 1 St . $ 150,000 of value .0150 .0150 Balance .0200 .0200 Gross Tax Capacity 21, 940, 562 24, 963, 920 Net Tax Capacity 17 918 036 20 790 689 p Y Net of TIF & Fiscal Disp. Cl % of Tax Capacity 46% 42% Homestead % of Tax 46% 50% Capacity Multiple Residence % of 4% 4% Tax Capacity i 1 I Tax Capacity Rate Parts Commercial I i I I I Pa `02 Pa `03 City General Levy .32839 .32857 EDA - City levy .00318 .00267 Debt Service .00819 .00766 Fire Station (MV) .00764 .01394 TCR X Tax Capacity City .33890 x 1875 635.44 City .33976 x 1704 578.95 Fire Station 8.68 0000764 x 113600 Fire Station 17.43 .0001394 X 125000 Total $587.63 $652.87 i ' I I General C/ I Parcel 8000 7000 6000 i 5000 j 4000 3000 I ; I 2000 I 1000 0 1999 2000 2001 2002 2003 i 902,200 902,200 1,100,100 1,100,100 1,1750,600 17 i i R � il City of a o ee 2003 I B udge t l I I l 18 I I I I I I CITY OF SHAK ®PEE 2003 GENERAL FUND BUDGET SUMMARY 2002 2003 Revenue Estimate Estimate Taxes $6,333,250 $7,418,570 Licenses and Permits 2,220,350 1,877,800 Intergovernmental 367,660 131,930 Charges for Service 968,700 875,800 Fines and Forfeits 220,000 240,000 Miscellaneous 341,000 241,000 Total Revenue 10,450,960 10,785,100 Expenditures General Government 3,208,050 2,934,405 Public Safety 4,592,810 4,914,130 Public Works 1,811,350 2,041,920 Recreation 691,600 744,500 Unallocated 363,630 320,000 Total Expenditures 10,667,440 10,954 Excess (deficiency) Revenues over Expenditures (216,480) (169,855) Other Sources 1,033,000 1,115,000 l Other Uses (845,830) (932,520) Excess (deficiency) Revenues Other Sources Over Expenditures & Other Uses 29 310 X 12,625 I I Use Of 2003 I City Dollar Fire Ref. Debt I 3% i I Debt Service 2% Operations 95% I I I I Tax Lev Dollars I I 2002 Tax Levy 2003 Tax Levy % Change General Levy $6 $7,370,936 17.3% EDA - General 60,660 60 (4.4 %) Debt Service 156 171,749 9.6% Fire Referendum 125,000 266,333 113.0% Total $6 $7,669,016 16.8% I i City Nondebt Tax Levy History Year L Change 1997/98 2,668,631 - 10.7% 1998/99 3,299.882 23.7% 1999/00 3,239,220 -1.8% 2000/01 3,934,434 21.5% 2001/02 6,343,653 61.2% 2002/03 7,430,936 17.1% General Budget evenues Taxes 8000000 7000000 6000000 Licenses & 5000000 4000000 i 3000000 Inter -Govt. Miscellanous 2000000` Fees SPUC I Fines 1000000 I, 1 II 0 2002 2003 I I I G eneral 2003 R evenues I Fees M isc. SPUC �II Intergov't 7% 2% 9% 1% Fines Licenses & 2% Permits 16% I L Taxes 63% �w General Fund Budget 2002 Revenues Fees M i5c SPUC 8% 3% 9% Inter 9 ov t Fines 3% 2% Licenses & � Permits 19% Taxes 56% I I i General Expend Publoc Safety 5000000 i 4500000 4000000 en Govt 3500000 rublic Works 3000000 Parks 2500000 2000000 Unallocated 1500000 1000000 500000 0 2002 ❑ 2003 City Fund Budget Dollar Use 2003 Police, Fire, Insp. 41% Council Eng., 1% 'y Street, Shop 17% Admin., Clerk, Finance, Legal, Park Maint, Planning, Recreation General Transfer Gov't Unallocated 14% Buildings 3 % 24% 2 f t r City General Fund Budget Dollar Use 2002 Police, Fire, Insp. 40 °I® Council Eng., 1% Street, Shop Admin., 16% Clerk, Finance, T, Legal, Planning, Park Maint, General Recreation Gov't Unallocated Transfer Buildings 2 % 14% 27% Productivity Mea for General Fund Operations 2000 2001 2002 2003 Population 20,568 21,500 22,040 22,674 Households 7,540 7 8 8 FT Employees`* 78 79 89 89 FTE Positions 3.5 15 4.0 4.5 Total 81.5 82.5 93.0 93.5 Firefighters 47 47 50 50 Fire FTE 8.6 7.9 8 8 Pop. per Employee 264 272 248 254 Households per FT 97 101 92 94 Employee Budget $ /population 376 392 484 483 Budget $ /household 1,027 1,058 1 1,304 Estimates ** Assumes all budgeted positions are filled and excludes Recreation and EDA employees ® paid from other funds. Enterprise Funds Utility Funds income to funds is use based rates. Shakopee Public Utility Created by referendum and is independent of Council. Sanitary Sewer Fund Collects from land developers to install sewers and from users to operate and maintain. Storm Drainage Fund Collects from developers to build and from users to operate and maintain. Recreation Fund Partial utility in that Council subsidizes a portion of operations from general levy. other Funds which function to reduce peaks and valleys in general levy. Equipment Fund Building Fund 3 CITY OF SHAKOPEE Memorandum TO: Mayor and City Council FROM: Mark McNeill, City Administrator SUBJECT: Truth in Taxation Hearing — Additional Agenda Item DATE: November 26, 2002 Following the close of the Truth in Taxation hearing next Monday evening, December 2 I will ask that the Council consider going into a closed session to discuss bargaining issues for the renewal of the Public Works Union labor contract. Because City labor issues will be new for four of you, I will need between 30 and 60 minutes to outline the contract, and the issues that are being discussed. Anticipating that the December 2 nd meeting will be less lengthy than the regular City Council meeting the following evening, it seems to be preferable to have this discussion as part of the Monday meeting. Mark McNeill City Administrator MM:th