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Home My WebLink About12/04/2000 TENTATIVE AGENDA ADJ. REGULAR SESSION SHAKOPEE, MINNESOTA DECEMBER 4, 2000 -MONDAY- LOCATION: 129 Holmes Street South Mayor Jon Brekke presiding 1] Roll Call at 7:00 p.m. 2] Public hearing on the 2000/2001 tax levy and budget 3] Other business 4] Continue public hearing to Tuesday, December 12, 2000, at 7:00 p.m. (if necessary) 5] Adjourn CITY OF SHAKOPEE Memorandum TO: Mayor and Council Mark McNeill, City Administrator FROM: Gregg Voxland, Finance Director SUBJ: Tax levy and Budget Hearing DATE: December 1, 2000 Introduction and Background The public hearing on the pay 2001 tax levy and budget is set for December 4, 2001 at 7:00 PM. Councilor Sweeney will be making the presentation. Action 1. Open and hold the public hearing. 2. Budget presentation. • Tax levy and budget • Percentage increase in taxes Pay 2000 total levy $3,853,808 Pay 2001 total levy 4,430,959 Increase 577,151 Percentage increase 15a ® Public comments (If needed, continuation hearing is announced to be held at 7:00 PM, Council Chambers, Shakopee City Hall) 3. The Mayor announces that the tax levy and budget will be adopted at a public hearing on December 5, 2000 at 7:00 PM at City Hall. (Assuming that the 12/4 hearing is not continued to 12/12.) 4. Close the hearing. 'A UI Gregg Voxland Finance Director f . f 11 I• a , Cm VVEM Determination of Property Taxes e Assessor - Est. Market Value 9 St Legisl T Capacity * City Council Tax * County - Spreads Levy * County Treasurer - Collects 0 Value lift 0 alifUl Homestead Tax Capacity 11 • wmrwlw- 76.000 1% =760 45.900 X 1.65% =75A 1,517 Tax Capacity Rate Set by council when it sets levy. 1 X.16591 = $251.69 11 i • • ,mr,amll Tax Capacity Rate Parts Residential (Est.) City General Levy .18487 .16381 Transit .01590 .01546 EDA - City Levy .0000 .00210 Fire Station (EMV) .02496 .01977 TCR X Tax Capacity City .18487 x 1420 $262.52 City .16591 x 1517 $251.69 Transit .01590 x 1420 22.58 Transit .01546 x 1517 23.45 Fire Station .0002496 x 116000 28.95 Fire Station .0001977 x 121900 24.10 Pay '00 Pay-V j .0001977 X 227700 $1,092.15 $1,177.13 City Genera Transit EDA - City levy Fire Stati C City .16591 x 3219 City .1 6591 x 6150 Transit . 01546 x 3219 Transit 1 1546 x 6150 Fire . • 11 1977 x 225000 Resi Pay '01 • • • 1t t 111 • ` r r W E A , •: r• • • •i Pay '01 • • • 1 �. 11 1 111 • m r , A , C-I Tax CapacitA Multiplier st $15 0 , 000 o Balanc Gr oss •. Ca Net Tax Net of : Fiscal Disp a ' '! 1 1; t �1 1 1 2 0 ) 132A79 26 17 7 2 02 1 378 22 53 % 54 • 10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 1997 902,200 1998 1999 2000 2001 Residential Levy I mpact G 700 600 500 400 300 200 100 0 174,000 F S 196,900 ? 105 y 117,100 122 125,300 96,200 F 109,300 S S 83,200 S 9 S g 1997 1998 1999 2000 2001 �.4 1111 111111 1111 11111 1111: 0 W1 '1 11 1'1 11 `11 .. ... ..., 111 200 Use Of 2001 City Tax Dollar Cern ®nf r%nt%+ Service 5% Ye. C of� Shak 0 City Tax 4 Police, Fire, 41 am City General Fund Tax Police, Fi Insp. 38% W. Shop - NALMA mklfm Unallocated General Fund Expenditures x'1'11111' t1 1f +1'11111 1111E l 1'11'11; 11111 111111 111 m 11 M IDI 2000 2 Revenue Estimate Estimate Taxes $3,353,736 $3,803,945 Licenses and Permits 1,176 2,571,880 Intergovernmental 1,011,100 1 Charges for Service 1,315,450 1,756,450 Fines and Forfeits 95,000 130,000 Miscellaneous 365,600 315,000 Total Revenue 7,317,136 9,683,555 Expenditures General Government 2,106,130 2 Public Safety 3,307,650 3,681,050 Public Works 1,602,740 1,735,400 Recreation 535,430 667,100 Unallocated 209,900 751,878 Total Expenditures 7,761,850 9,255,998 Excess (deficiency) Revenues over Expenditures (444,714) 427,557 Other Sources 825,000 240,000 Other Uses (347,110) (432,700) Excess (deficiency) Revenues Other Sources Over Expenditures & Other Uses $3 3,176 $ 234,857 Productivity Measures for General Fund Operations Households * 6,000 6,400 8,271 ... Population 1. 11 ..., 1 1 2111 18,015 200 19,850 Households * 6,000 6,400 8,271 9,000 FT Employees** 67 73 78 82 FTE Positions 8.7 7.7 3.5 3.5 Total 77.7 81.5 81.5 85.5 Firefighters 42 45 47 47 Pop. per Employee 245 236 228 242 Estimates Assumes all budgeted positions are filled and excludes Recreation • EDA employees — •. • from other funds. Budget Revenues 111111 11111' 1'11111' 11111' 11111 11111 +1 11111 0 00 General x Budget Fees Fines Unallocatel Intergov 11% Tax Levy Dollars 2000 Tax Lew 2001 Tax Lew % Change General Levy $3,234,078 $301,763 13.2% EDA - General 47,010 Transit Levy 357,970 460,247 28.6% Fire Referendum 261 261 11 Total $3,853,808 $4,430,959 15.0% Enterpri Funds Shak Publi i Council. Created by referendum and is independent of 1 6 M • •'' City Share of 2001 Tax Dollar 0 city 17% 34% Ci*ty Share of 2001 Tax Dollar r � C oun ty r r; r M +'' =1 34 Scoff Mosquit 9 Transit 9 Watershei III 36.182 1 1 111 .817 .8 21 2001 16 J,2. 3 2. 2 I (9'-� .231 .7 .752 .324 .294 1.91 1. .2 60 • •; 7 1999 State Law Tax Rate Increase 2000 Levy $3 111 0 Tax Rate .229 * 2000 Levy * $3 e Tax Rate Hearing Point .177 Cl'ty Nondebt Tax Levy History Year L Change 1991/92 214307838 • 1992/93 2 7 912 7 275 19.8% 1993/94 2 -12.9% 1994/95 2 1.1% 1995/96 2 4.9% 1996/97 2 11.1% 1997/98 276681631 I h 1998/99 3 23.7% 1999/00 3 239 -1.8% 2000/01 3 7 934 7 434 21.5% 29 Residential Fire Referendum Levy Total 00/01 M arket V alue $ 1 ,087,1 45,000 IF ire Tax E M V Referendum Year Value Tax 1997/98 86,900 28.13 1998/99 94,500 27.49 1999/00 100,700 25.13 2000/01 105,900 20.93 1997/98 101,600 32.89 1998/99 109,300 31.80 1999/00 117,700 29.38 2000/01 122,900 24.29 1997/98 107,800 34.89 1998/99 117,100 34.06 1999/00 122,400 30.55 2000/01 125,300 24.77 1997/98 146,800 47.52 1998199 156,600 45.55 1999/00 166,000 41.43 2000/01 211 100 41 .73 1997198 177,800 57.55 1998/99 187,700 54.60 1999/00 196,900 49.15 2000101 227,700 45.02 Total 00/01 M arket V alue $ 1 ,087,1 45,000