HomeMy WebLinkAbout20101206 - VII-1
City Council Memorandum
To: Mayor Hicks & City Councilmembers
From: David M. Osberg, City Administrator
Date: December 2, 2010
Item: 2011 Budget Truth in Taxation Hearing
Council Action Requested:
None required. Public Hearing only; with action scheduled for the meeting on December 20, 2010
Background Information:
The City Council will be conducting the annual Truth in Taxation hearing at the City Council
meeting on Monday December 6, 2010. Staff will review the attachment information during the
course of the presentation, outlining the highlights of the proposed budget. Recall that the actual
budget will be scheduled for approval at the meeting on Monday December 20, 2010; as no
action will taken at the meeting Monday December 6, 2010.
Financial Impact:
Advisory Commission Discussion:
None.
Council Committee Discussion:
Various Meetings of the Finance Committee, and also a special meeting of the City Council.
Attachments:
Power Point Presentation, summarizing the 2011 Budget
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Final 2011 City Budget
Truth In Taxation Public Hearing
December 6, 2010
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2011 Budget
BudgetBudgetDifference
20102011Difference%
Tax Supported$ 19,233,174$ 19,387,886 $ 154,712 0.80%
Non Tax Supported5,105,0965,622,391517,29510.13%
HRA Budget769,378527,429(241,949)-31.45%
Total Budget$ 25,107,648$ 25,537,706 $ 430,058 1.71%
General Levy$ 8,667,872$ 8,104,000 $ (563,872)-6.51%
Debt Levy 2,913,000 3,160,000 247,000 8.48%
Total City Levy 11,580,872 11,264,000 (316,872)-2.74%
HRA Levy 320,000 320,000 -0.00%
Local Government Aid - - -0.00%
All other program revenues 13,206,776 13,953,706 746,930 5.66%
Total All Revenues$ 25,107,648$ 25,537,706 $ 430,058 1.71%
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Comparison of 2010 to 2011
TotalAdoptedPercentage
20102011Change
BudgetBudgetin Budget
Salaries and benefits$ 10,996,010$ 10,537,079-4.17%
Charges for services 5,144,304 5,094,802-0.96%
Supplies 963,273 850,640 -11.69%
Miscellaneous 890,160 801,720 -9.94%
Total operating budget 17,993,747 17,284,241-3.94%
Capital 898,226 1,402,17056.10%
Debt 5,439,287 5,431,424-0.14%
Transfers 726,389 1,094,67150.70%
ERF transfers 50,000325,200550.40%
Total Transfer & non operating budget 7,113,902 8,253,46516.02%
TOTAL BUDGET$ 25,107,649$ 25,537,7061.71%
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Where the $’s are Allocated
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Proposed taxes for Residential
Homestead property
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Monthly costs for city services.
Based on a home value of $200,000.00 with no change in value from year to year.
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Comparison to other Communities
Municipality20102011Change
I.G. Heights 41.75743.162+1.405
Rosemount43.35844.643+1.285
South St. Paul 41.42848.663+7.235
Hastings52.67755.193+2.516
Farmington49.27455.893+6.619
West St. Paul50.87357.013+6.140
* Based on Preliminary Levy as of Sept 15, 2010
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Savings Initiatives
In 2010 voluntary furloughs achieved
•
savings of $50,000. Employees will be
asked to furlough again in 2011.
(Voluntarily)
Services that were outsourced before
•
will now be done in house (inspections
and surveys).
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Reductions
Decreased budgets for
4.5 FTE vacant/unbudgeted
positions
Dare
Reduction in Reservist’s paid
activities
No COLA for employees
No increase to health insurance
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Next steps:
Receive citizens comments.
Adopt a final budget at the next
meeting, December 20, 2010.
12/01/201010
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