V.3. 2015 Budget Meeting and Adoption of 2015 Tax Levy and General and Special Revenue Fund Budgets; HarkessDecember 2, 2014Council Report 2014-133
2015 BUDGET MEETING AND
2015 TAX LEVY AND GENERAL AND SPECIAL
REVENUE FUND BUDGETS
Proposed Action
Following the 2015 budget hearing and there being no further changes to the 2015 budget, staff
recommends adoption of the following motion: Move to Adopt Resolution 20104-079 approving
the 2015 tax levy and adopting the 2015 General and Special Revenue Fund budgets.
Adoption of this motion will result in staff forwarding the appropriate documentation to
Hennepin County for inclusion on property taxes for 2015 and will approve the 2015 General
and Special Revenue Fund budgets.
Overview
The City Council and staff have held a number of meetings and work sessions during 2014 to
prepare for the 2015 general fund budget and 2015 tax levy. This evening we are taking input
from the public on the 2015 budget.
During 2014 the council adopted the Capital Improvement Plan, the Equipment Replacement
Plan and a Financial Management Plan which along with a series of program and budget
discussions were instrumental in the development of the 2015 budgets.
The budget in its current form recommends spending in the general fund at $11,346,716 and a
total tax levy of $10,978,073. The levy includes provisions for general fund operations and debt
obligations. In addition, a proposed HRA levy of $272,572 was also approved.
Staff is recommending that the council adopt the resolution approving the tax levy for 2015 and
setting the 2015 general and special revenue fund budgets.
Primary Issues to Consider
The state mandates certification of the 2015 levy to the County Auditor no later than
December 29, 2014.
Supporting Information
Resolution 2014-079
2015 General Fund and Special Revenue Fund Budgets
Power point presentation slides
Publication from Assoc. of MN Counties – “Fourteen Reasons Why Property Taxes Vary
from Year to Year”
Financial Impact: $ 11,346,716 GF Budgeted: Y/N Y
Source: Taxes & other revenues
Christine M Harkess, CPA, CGFM
Related Documents (CIP, ERP, etc): 2015 Budget, CIP, ERP,
Finance Director
FMP
Notes:
CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 2014-079
RESOLUTION APPROVING 2015 TAX LEVY
AND ADOPTING THE 2015 GENERAL AND
SPECIAL REVEUNE FUND BUDGETS
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HOPKINS, MINNESOTA,
That the following sums of money be levied for the current year collectible in 2015 upon the
taxable property in the City of Hopkins, for the following purposes.
General Levy
General Fund $9,427,729
Special Levies
PERA Levy 35,500
Debt Levies
2010A GO Improvement Bonds 82,194
2012A GO Capital Improvement Bonds 220,000
2012B GO Bonds 70,000
2012B Equipment Certificates 96,285
2013A GO Improvement Bonds 75,000
2014A GO Bonds 88,471
2014B GO Refunding Bonds 882,894
Subtotal Special Levies 1,550,344
Total Levy
$10,978,073
HRA/EDA Levy
$ 272,572
Housing & Redevelopment Authority Levy
2015 General Fund Budget
This levy is made based on current law and the of
$11,346,716.
BE IT FURTHER RESOLVED, that the following amounts are budgeted for the Special Revenue Funds:
State Chemical Assessment $ 45,000 TIF 2.6 Handicapped Housing Dev $ 8,960
Economic Development $ 240,828 TIF 2.9 Pines $ 39,821
Real Estate Purchase & Sales $ 124,500 TIF 2.11 Super Valu $ 1,352,624
TIF 1.2 Entertainment District $ 3,000 TIF 1.3 - 5th Avenue Flats $ 2,000
Parking $ 139,404 TIF 1.4 - Marketplace & Main $ 101,550
Communication (Cable TV) $ 244,264 Art Center $ 999,277
Depot Coffee House $ 333,359
BE IT FURTHER RESOLVED, that the City Clerk is hereby ordered and directed to transmit a certified
copy of this resolution to the County Auditor of Hennepin County, Minnesota.
nd
Adopted by the City Council of the City of Hopkins on this this 2 day of December, 2014.
_______________________________________
Eugene Maxwell, Mayor
ATTEST:
_____________________________
Amy Domeier, City Clerk
CITY OF HOPKINS
PROPOSED GENERAL FUND REVENUE BUDGET
20142015%
DepartmentBudgetBudgetIncr/(Decr)
8,952,7749,307,7293.96%
Property Taxes
Intergovernmental Revenue
20,51020,5100.00%
PERA Aid
289,900388,60234.05%
Local Government Aid
82,0000-100.00%
Police - Federal Grant
177,000180,0001.69%
Police - State Aid
9,0009,0000.00%
Police - POST Reimbursement
15,00015,0000.00%
Police - Misc Grants
90,00095,0005.56%
Fire - State Aid
130,000135,0003.85%
PW - State Aid
813,410843,1123.65%
Total Intergovernmental Revenue
Licenses, Permits & Fees
168,000170,0001.19%
Court Fines
272,480274,4600.73%
Building Permit & Inspection Fees
8,0008,0000.00%
Administrative Citations
5,0006,00020.00%
Business Licenses
97,00097,5000.52%
Liquor , Animal Licenses & Penalties
3,5003,6002.86%
Fire Licenses & Permits
9,4159,4150.00%
PW - Licenses & Permits
1,0001,0000.00%
P&Z - License & Permits
564,395569,9750.99%
Total Licenses, Permits & Fines
Charges for Service
10,15010,1500.00%
Finance Department
2,0002,0000.00%
Assessing
020,000--
City Clerk
73,85074,9001.42%
Inspections
48,00033,000-31.25%
Police
3,0003,0000.00%
Fire
2,7502,7500.00%
Public Works
59,50061,5003.36%
Activity Center
2,0002,0000.00%
Planning & Zoning
201,250209,3004.00%
Total Charges for Service
Miscellaneous Revenue
290,000290,0000.00%
Franchise Fees
100250150.00%
Miscellaneous
4,8004,8000.00%
Finance Department
1,5001,5000.00%
Police
4,6004,6000.00%
Public Works
10,0009,000-10.00%
Acitivty Center
88,30091,4503.57%
Community Development
399,300401,6000.58%
Total Miscellaneous Revenue
15,00015,0000.00%
Interest Earnings
$11,346,71610,946,129$3.66%
Total Revenues
CITY OF HOPKINS
PROPOSED GENERAL FUND EXPENDITURE BUDGET
20142015Budget %
DepartmentBudgetBudgetIncr/(Decr)
City Council69,87270,4170.78%
Administrative Services
Administration196,685209,5916.56%
Personnel 40,59942,0493.57%
Wellness 2,0002,0000.00%
Information Services261,305273,4114.63%
5.29%
Total Administrative Services500,589527,051
Finance
Debt Management000.00%
General Accounting185,203198,0036.91%
Payroll48,51648,6780.33%
TIF Administration000.00%
Utility Billing9,4009,4000.00%
5.33%
Total Finance243,119256,081
1.40%
Legal143,000145,000
2.15%
Municipal Building317,414324,246
6.58%
Receptionist45,93348,957
6.39%
Assessing183,607195,337
City Clerk
City Clerk54,46267,57224.07%
Elections60,80852,222-14.12%
3.92%
Total City Clerk115,270119,794
Inspections
Building Code Inspections267,051273,2322.31%
Fire Inspections36,67539,2457.01%
Heating & Plumbing Inspections91,05494,0773.32%
Housing Inspections165,788171,6443.53%
Misc. Community Inspections81,26583,6762.97%
Vacant Property Management4,7194,7751.19%
3.11%
Total Inspections646,552666,649
Police
Police Administration516,611436,362-15.53%
Patrol2,780,5762,877,2003.47%
Heat Team69,71576,3699.54%
Reserves15,58615,6290.28%
Investigations550,389562,3892.18%
Metro Drug Task Force122,629120,300-1.90%
Pawn Shop3,5303,7385.89%
Outreach107,394110,0852.51%
Reception-Records267,563258,160-3.51%
20142015Budget %
DepartmentBudgetBudgetIncr/(Decr)
Systems Management49,50151,6584.36%
Total Police4,483,4944,511,8900.63%
Fire
Fire953,037982,8593.13%
Emergency Preparedness3,1283,1280.00%
3.12%
Total Fire956,165985,987
Public Works
PW Building33,63139,17216.48%
Equipment Services98,887109,95311.19%
Administration41,28045,92311.25%
Engineering140,861143,8302.11%
Street & Alleys912,716929,5751.85%
Snow & Ice Removal205,553219,0156.55%
Parks698,934761,9349.01%
Forestry252,282254,5340.89%
5.02%
Total Public Works2,384,1442,503,936
Recreation
Playground21,99221,676-1.44%
Ice Rink15,29514,395-5.88%
Park Service36,97525,780-30.28%
Joint Recreation158,900162,0001.95%
Skate Park7,3948,0048.25%
-3.62%
Total Recreation240,556231,855
Activity Center
Act Ctr - Community Use289,497298,3593.06%
Act Ctr - Maintenance56,27659,3465.46%
3.45%
Total Activity Center345,773357,705
2.25%
Planning & Zoning132,191135,162
3.62%
Community Development88,25091,449
0.00%
Tuition Reimbursement15,20015,200
500.00%
Contingency25,000150,000
3.66%
Total Expenditures10,936,12911,336,716
Other Financing Uses
10,00010,0000.00%
Transfers to other funds
0.00%
Total Other Financing Uses10,00010,000
3.66%
Grand Total Expenditures10,946,129$ 11,346,716$
$ 11,346,71610,946,129$
Total Revenues
Revenues Over (Under) Expenditures-$ -$
CITY OF HOPKIN
S
SPECIAL REVENUE FUNDS
2015
EXPENDITURE
S
Fund2012015
4
No.FundBUDGEBUDGEIncr/(Decr)
TT
2030.00%
State Chemical Assessment 45,000 45,000
204-14.14%
Economic Development 280,488 240,828
2050.00%
Real Estate Purchase & Sales - 124,500
2110.00%
TIF 1.2 Entertainment District 3,000 3,000
21445.03%
Parking 96,119 139,404
21716.90%
Communications (Cable TV) 208,954 244,264
219-5.95%
Depot Coffee House 354,456 333,359
226-23.18%
TIF 2.6 Handicapped Housing Dev 11,664 8,960
229-66.85%
TIF 2.9 Pines 120,127 39,821
231-0.77%
TIF 2.11 Super Valu 1,363,138 1,352,624
2320.00%
5th Avenue Flats 2,000 2,000
233153.88%
TIF 1.4 - Marketplace II 40,000 101,550
25034.23%
Art Center 744,428 999,277
11/24/2014
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20142015%
BudgetBudgetIncr/(Decr)
Property Taxes$8,952,774$9,307,7293.96%
Intergovernmental Revenue813,410 843,112 3.65%
Licenses, Permits & Fees564,395 569,975 0.99%
Charges for Service201,250 209,300 4.00%
Miscellaneous Revenue399,300 401,600 0.58%
Interest Earnings15,000 15,000 0.00%
Total Revenues10,946,129$ 11,346,716$ 3.66%
2
11/24/2014
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20142015%
BudgetBudgetIncr/(Decr)
General Government$1,273,994$1,322,7953.83%
Community Services1,211,8031,257,3483.76%
Public Safety5,439,6595,497,8771.07%
Public Works2,384,1442,503,9365.02%
Recreation586,329589,5600.55%
Other50,200175,200249.00%
Total Expenditures$10,946,129$11,346,7163.66%
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11/24/2014
OriginalFinal
ΕΓΔΘ
Net LevyNet Levy
Purpose2014ProposedProposed
General Operations
General Fund$8,869,774$9,224,729$9,224,729
,¤µ¸
Capital Levy125,000$53,000$53,000
Arts Center Levy0$85,000$85,000
Pavilion Levy0$65,000$65,000
PERA Levy0$35,500$35,500
Subtotal 8,994,7749,463,2299,463,229
Special Levies:
Debt Levies
1,421,4611,581,7291,514,844
TOTAL LEVY$10,416,235$11,044,958$10,978,073
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2¤²¨£¤³¨ « 0±®¯¤±³¸ 4 · #§ ¦¤² ȃ
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Percent of Percent of Percent of Percent of Percent of Percent of
homeownershomeownershomeownershomeownershomeownershomeowners
Decrease+0.1% - 4.9% +5.0% - 9.9%+10.0% - 14.9%+15.0% - 19.9%+20% and over
201414.28%5.99%15.62%32.08%17.78%14.22%
201356.91%12.04%16.14%10.51%3.58%0.82%
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2015 Proposed Taxes
13.7% IncrCityIncrease
2014 Tax Rate = 62.605%
20052014TaxesoverAnnual
2015 Tax Rate = 62.914%
MarketMarketPayablePrevious%
ValueValue2015YearChange
Incr in Tax Rate = .309%
$150,000$145,112$913$11412.5%
$225,000$217,668$1,369$17112.5%
$350,000$338,595$2,130$26612.5%
$500,000$483,706$3,043$38012.5%
6
11/24/2014
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24-Hour Police and Fire Protection
•
Emergency medical treatment and management services
•
Well Maintained Streets, Trails, and Sidewalks
•
Elections
•
Boulevard Tree and Forestry Program
•
High Quality Recreation programs
•
Hopkins Activity Center and Hopkins Depot
•
Hopkins Center for the Arts
•
Community and Economic Development
•
Housing Services and Programs
•
Building Inspections, Licensing, and Code Enforcement
•
Beautiful Parks and Open Space
•
7
Fourteen Reasons
A publication of the Association of Minnesota Counties
A publication of the Association of Minnesota CountiesA publication of the Association of Minnesota CountiesA publication of the Association of Minnesota Counties
A publication of the Association of Minnesota Counties
A publication of the Association of Minnesota Counties
Glossary of Terms
Association of Minnesota Counties
125 Charles Avenue
Saint Paul, MN 55103-2108
Main Line/Switchboard: 651.224.3344 Fax: 651.224.6540
www.mncounties.org