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CR 91-174 Set Budget Hearings\ t Y O G C � y CO O P K August 13, 1991 Proposed Action. APPROVE PROPOSED 1991 LEVY SET BUDGET HEARINGS Council Report #91 - 114 Staff recommends adoption of the following motion: Move that Resolution # 91 -106 "Approving Proposed 1991 Tax Levy Collectible in 1992, Adopting the Preliminary 1992 Budget, and Setting Public Hearinq Dates ", be adopted. Adoption of this resolution will enable compliance with the "Truth and Taxation" law enacted by the Minnesota legislature. Overview. The legislation set many deadlines for specific action by the Council. The City Council must adopt a proposed 1991 levy and set hearing dates by September 3, 1991. Budget hearings must be held between November 20 and December 20, 1991, and a final levy (which cannot exceed the proposed levy, but may be lower) must be adopted by December 30, 1991. The state government has cut local aids for cities in 1991 and "1992. Due to this • action, the City must raise local taxes in order to maintain current service levels. Staff is recommending that the Council adopt the maximum levy amount at this time. During the budget process, staff will identify alternative areas in which to lower the tax levy. Primary Issues To Consider. o What is the necessity for levying to the limit amount? o What are the components of levy - General Fund and Debt Service? o How will current actions relate to future financing? Supporting Information. o Background o Resolution 91 -106 o Staff analysis of budget. o Department of Revenue Truth in Taxation calendar. o County Auditor budget hearings calendar. o Preliminary 1992 General Fund Budget. ov 4Pn E Finance Director Approve Proposed 1991 Levy Set Budget Hearings Report 91 -174 Page 2 Background The advent of "Truth and Taxation" legislation which drastically changed the time table for the budgeting process continues on the same schedule as last year. With the increasing limitations on the City's ability to levy taxes and the cutting of state aids, taxes and state government aids which are the driving factors in the financial sources, reduce the ability to maintain or provide growth in operating services. General Fund The preliminary General Fund budget process is keyed on the cost of personnel, which accounts for 70% of General Fund costs. These costs were determined when the actual levy limits and LGA were released by the Revenue Department. From the revenue available then is subtracted the personnel costs and the remainder of the budget is shaped to funding available. The 1992 Preliminary Budget thus is being reported to the Council with departmental totals only, developed with actual personal service projections and percentage increases for other costs.`" The departments then will develop their regular line item budgets within the parameters established. General Fund Revenue Summary Source Amount % Change Levy (at levy limit plus $100,000 Special Levy) $3,795,800 10.8% Local Government Aid (after cuts) 762,300 (22.6) Other Revenue _1_,259.900 0.0 1992 Total General Fund Revenue $5,818,000 2.4% This is a total increase of $369,200 from the actual 1990 General Fund levy. The legislature eliminated inflation and population growth factors and cut 1992 LGA $222,000. The formula changes for levy and LGA resulted in no net change from last year. Approve Proposed 1991 Levy Set Budget Hearings Report 91 -174 Page 3 A maximum 1991 levy would increase 1992 taxes: LGA cuts $222,600 Special landfill levy 100,000 1990 under levy carries forward in the base 46,600 $369,200 General Fund Expenditure Summary 1992 Change Personal Services $4,058,000 2.0% Other Charges and Supplies 1 3.0 Landfill- cleanup & monitoring 15.0,000 - Non - departmental 131,000 - Capital Outlay 100,000 65.8 1992 Total $5,818 6.1% Landfill service charges are proposed to cover past and future monitoring costs and to begin recovery on some of the City's share of cleanup costs. Under special legislation, $100,000 would be a Special Levy under the "service charge on net tax capacity" section. The non - departmental area includes contingency, insurance and Hap -A- Ride support. Capital outlay,'after two years of drastic cuts, is restored to the previously established level. Approve Proposed 1991 Levy Set Budget Hearings Report 91 -174 Page 4 GENERAL FUND 1992 PRELIMINARY DEPARTMENT EXPENDITURES 40410 Mayor- Council $ 85,500 40415 Health & Welfare 44,300 40420 City Manager 228,400 40440 Elections 22,400 40510 City Clerk 76,600 40520 Finance 191,500 40600 Legal Services 83,500 40940 Municipal Building 130,500 40950 Activity Center - Maint. 47,400 40960 Activity Center - Operating 89,900 41100 Police 1 41200 Fire 368,900 41300 Civil Defense 21,100 41400 C. Dev. - Administration 92,9.00 41500 C. Dev. - Plan & Econ Dev. 80,000 41600 C. Dev. - Assessing 143,900 41800.. C. Dev. - Inspection 231,500 42100 P.W. - Buildings 31,900 42110 P.W. - Equipment Services 52,300 42120 P.W. - Administration 113,700 42125 P.W. - Engineering 115,200 42130 P.W. - Streets & Alleys 390,200 42140 P.W. - Snow & Ice Removal 99,800 42160 P.W. - Traffic Signs & Signals 124,100 42170 P.W. - Street Lighting 113,100 42240 P.W. - Street Cleaning 53,000 42250 P.W. - Parks 347,600 42260 P.W. - Tree Service 114,200 43510 Recreation 124,500 Landfill - cleanup & monitoring 150,000 43930 Insurance 23,000 43931 Unallocated 100,000 43932 Transfers Out 8,000 Capital Outlay 100,000 Total. $5,818,000 Approve Proposed 1991 Levy Set Budget Hearings Report 91-174 Page 5 Levy Decrease Debt Service The 1991 levy for debt is $863,700, a decrease of $218,700 (20.2 %) from last year's.levy of $1,082,400. The requirements for 1992 debt service are $332,900 for Park Bonds, $81,400 for Improvement Bonds and $449,400 for Capital Certificates of Indebtedness. Total Levy The 1991 Proposed Levy would increase taxes $150,492 or 3.3% over last year. Taxes to support the General Fund increase 10.8% of which 4.4% relates to the landfill and 6.4% to operating. Debt service levies decrease 20.2 %. The proposed increase for General Fund total expenditures is $335,400 (6.1 %) which includes a new budget item of $150,000 for continued landfill problems. In order to regain the target of cash flow and the uncertainties of future actions by other governmental units.. I strongly suggest the levy be made at the maximum allowable. CALENDAR FOR PROPOSED PROPERTY TAXES, PUBLIC HEARINGS AND FINAL PROPERTY TAXES FOR PAYABLE 1992 ON OR BEFORE AUGUST 1, 1991 ON OR BEFORE AUGUST 15, 1991 ON OR BEFORE AUGUST 20, 1991 ON OR BEFORE SEPTEMBER 3, 1991 The county auditor notifies the clerk of each school district within the county of the dates that the county board has selected for its public hearing and for the continuation of its hearing, if necessary. Each school board certifies to the county auditors of the counties in which the school district is located the dates that it has selected for its public hearing and for the continuation of its hearing, if necessary. If not certified by this date, the county auditor will assign the hearing date. The dates for the school district hearings must not conflict with the county hearing. The county auditor notifies the clerk of each city within the county of the dates on which the county and school districts will be holding their public hearings or continuations of their hear- ings. Each city certifies to the county auditor the dates that it has selected for its public hearing and for the continuation of its hearing, if necessary. If not certified by this date, the county auditor will assign the hearing date. The date for the city's hearing or for the continuation of its hearing must not conflict with the hearing dates of the county or of the school districts in _which the city is located. All cities, regardless of their population, must hold public hearings on their proposed property taxes. ON OR BEFORE SEPTEMBER 3,1991 Each "taxing authority" other than a school dis- trict adopts a proposed budget for 1992. Each "taxing authority" including a school district cer- tifies its proposed (or, in the case of a town, its final) property tax levy for payable 1992 to the county auditor. "Taxing authority" includes all counties, all school districts, all cities regardless of their population, all towns and all special taxing districts. No local units of government are ex- empted from this requirement. (Over) ON OR BEFORE NOVEMBER 8, 1991 NOT LESS THAN TWO BUSINESS DAYS NOR MORE THAN SIX BUSINESS DAYS PRIOR TO THE PUBLIC HEARING In all counties except Hennepin, _ Ramsey and St. Louis, the county auditor prepares and the county treasurer delivers a generic notice of proposed property taxes by first class mail to each property owner at the address listed on the county's current year assessment roll. The date, time and place for the scheduled public hearings for the county, school district and city (if the property is within a city) will be shown along with other information. In Hennepin, Ramsey and St. Louis Counties, the county auditor prepares and the county treasurer delivers a parcel specific notice of proposed property taxes to each property owner. Except for being parcel specific, the content of this notice is similar to the generic notice. The Department of Revenue is to prescribe the form of generic or parcel specific notice to be used. Counties, school districts and cities over 1,000 in population advertise their public hearing in an official newspaper of general circulation within the taxing authority. Cities of 1,000 population or less must post their notice in the three most public places within the taxing authority. Both the publishing and the posting procedures are subject to specific requirements as to content, presentation and newspaper selection (or post- ing place). The advertisement must give notice of the taxing authority's intent to adopt its pay- able 1992 property tax (and, in the case of a county or city, its payable 1992 budget) at the public hearing. Towns and special taxing dis- tricts are exempt from this publication or posting requirement. NOVEMBER 15 THROUGH DECEMBER 20, 1991 AT LEAST FIVE BUSINESS DAYS BUT NO MORE THAN 14 BUSINESS DAYS AFTER THE PUBLIC HEARING Counties, school districts and cities hold their public hearings and adopt their final payable 1992 property taxes (and, in the case of counties and cities, their final budgets) at the hearing. If the public hearing is not completed on its scheduled date, the taxing authority must an- nounce, prior to adjournment of the public hear- ing, the date, time and place for the continuation of the hearing. 2 ON OR BEFORE 5 BUSINESS DAYS AFTER DECEMBER 20, 1 991 • Counties, school districts, cities and special taxing districts certify their final adopted property taxes to the county auditor. (Towns certify their final property taxes by September 3, 1991.) The final property tax certified by a county, school district or city cannot exceed its proposed property tax except for several exemptions authorized for events occurring after the proposed property tax was certified. If a town board modifies the town's final property tax at a special town meeting after September 3, the town board must recertify its modified property tax at this time. If a county, school district, city, town or special taxing district has not certified its final property tax by this time, its property tax shall be the amount levied by it in the preceding year. 3 CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 91 -106 A RESOLUTION APPROVING PROPOSED 1991 TAX LEVY COLLECTIBLE IN 1992, ADOPTING THE PRELIMINARY 1992 BUDGET, AND SETTING PUBLIC HEARING DATES 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 1992. upon the taxable property in said City of Hopkins, for the following purposes. General Fund $3,795,792 Capital Equipment Notes 449,400 General Obligation Bonds 414,300 This levy is made based on current law and the 1992 General Fund Budget of $5 Provision has been made for the payment of the City's contributory share to the Public Employees Retirement Association. Provision has also been made for the payment of principal and interest on the following bond issues: Redevelopment Bonds 5 -1 -88 G.O. Sewer Revenue Bonds 12 -1 -89 Redevelopment Bonds 12-1-89 Capital Equipment Certificate of Indebtedness 12 -1 -91* Park Bonds 3 -1 -90* Special Assessment Bonds 3 -1 -90* Redevelopment Bonds 3 -1 -90 Refunding Bonds 3 -1 -90 *Levy Public hearing date for the 1992 budget is November 26, 1991, with a reconvening date of December 4, 1991, if necessary. 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. Adopted by the City Council of the City of Hopkins at a regular meeting of the Council held this 20th day of August, 1991. ATTEST: Nelson W. Berg, Mayor By James A. Genellie, City Clerk