Truth in Taxation Presentation (Proposed 2013 Budget)rT Y 0.4
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Public Budget Meeting
FOR TAXES PAYABLE IN 2013
CITY OF CHANHASSEN 2012 - DEC. 3 2012
Budget Process
Preliminary budgets submitted by Department Directors
in early July
Budget reviewed by Finance Director and
City Manager in late July
Detailed Budget Meeting held in August
Preliminary Tax Levy Adopted for Truth -in- Taxation
Statement purposes on September 10
Public budget meeting held on December 3
Budget adoption on December 10
Expenditures
General Government
2012
Budget
2013
Budget
% Change
from 2012
$1,932,700
$1,993,800
+3.2%
Law Enforcement /Fire
$3,026,700
$3,053,900
+.9%
Public Works
$2,271,300
$2,332,700
+2.7%
Community Development
$459,600
$419,900
-8.6%
Park & Recreation
$1,926,300
$1,947,100
+1.1%
Total $9 $9 +1.4%
Revenues
2012
Budget
2013 % Change
Budget from 2012
Property Tax $7,414,500
Licenses & Permits $852,000
Intergovernmental Rev. $270,000
Charges for Services $656,700
Fines & Penalties $127,500
Other Revenue $295,900
Total Revenue $996169600
$7,569,500
+2.1%
$854,000
+0.2%
$280,000
+3.7%
$568,100
-13.5%
$131,500
+3.1%
$344,300
+16.4%
$9
+1.4%
General Fund Budget vs. Actual Expenditures
$10
$9,500,000
$9,000,000
$8,500,000
$ 8,000,000
$7,500,000
$7,000,000
=General Fund Budget Actual General Fund Spending
$8
$9,747,400
2005 2006 2007 2008 2009 2010 2011 2012 2013
* Amended from original budget of $9,859,100
$9,617,600 $9,616,600
to S7� 'lAA -1� trw ten-. ...n
General Fund Budget vs. Actual Revenues
=General Fund Budget Actual Revenue
$10,000,000
$9,500,000
$9,000,000
$8,500,000
$ 8,000,000
$7,500,000
$
$9,616,600 9,747,400
$9,493,600* $9,507,400
$9 00 (Estimate)
$9,318,
$9,062,400
$8,615,100
$8,307,920
2005 2006 2007 2008 2009 2010 2011 2012 2013
* Amended from original budget of $9,859,100
What factors change the budget for 2013
Lj Most expenditure line items remain flat for 2013
❑ General Fund expenditures increased less than
two percent (1.4 %) or $130,800
❑ Wage increases of 2.0% included
Budgeted permit revenue same as 2012
Salary Increase Comparison
�Ir
Chanhassen
Andover
Cottage Grove
Chaska
Elk River
Savage
Stillwater
Rosemount
Lino Lakes
Farmington
Prior Lake
1.0%
0.0%
Not Available
1.5%
Not Available
Did Not Reply
Did Not Reply
1.0%
0.0%
Did Not Reply
2.0%
1.5%
0.0%
2.0%
1.5%
2.0%
Did Not Reply
Did Not Reply
1.0%
1.0%
Did Not Reply
22.5%
2.0%
1.5 %/2.0%
2.0%
2.0%
2.0%
Did Not Reply
Did Not Reply
1.0%+ 1.0%
1.0%
Did Not Reply
2.0%
Operational/Capital &Debt Levy Changes
Operational & Capital Levies
General Fund
2012
2013
% Chg
$7,434,500
$7,619,200
$130,680
Capital Replacement
$750,000
$800,000
$593,200
MSA (Sealcoating)
$200,000
$200,000
$445,310
Total Operational & Capital Levies
$8,434,500
$8,619,500
+2.19%
Debt Levies
I 2012
I 2013
I % Chg
General Obligation Debt (212 Bonds)
$335,900
$550,000
Audubon
$437,842
$130,680
Public Works Facility
$593,800
$593,200
Library Referendum
$351,648
$445,310
Total Debt Levies
$1,719,190
$1,719,190
+0.0%
TOTAL ALL LEVIES 1 $10,153,690 1 $10,338,690 1 +1.82%
Total Levy vs. New Growth
■ Total Levy New Growth
VAII
3%
2%
1%
0%
-1%
2006 2007 2008 2009 2010 2011 2012 2013
Effect on Homeowners
Below are some examples of how the 2013 Preliminary levy will impact property owners. The
average home in Chanhassen dropped approximately 2.8% in taxable market value for 2013.
NE W
1
2012
Value
$275,000
2013
Value
$270,800
Percent
Change
-1.8%
2012
- ..
$779.00
i
Property
$780.11
Percent
+1.1%
2
$316,400
$309,100
-2.6%
$912.19
$905.75
-0.7%
3
$319,500
$310,800
-3.0%
$922.25
$911.18
-1.2%
4
$467,500
$453,800
-2.9%
$1,384.93
$1,369.50
-1.1%
5
$614,600
$598,700
-2.6%
$1,902.59
$1,877.88
-1.3%
6
$802,400
$802,400
0.0%
$2,592.75
$2,639.12
+1.8%
Actual Property Tax Statement
for Proposed 2013 Taxes
(School District # 112)
Property Taxes
4.3%
19.8%
30.3%
County 30.3%
School 45.6%
City 19.8%
Other 4.3%
KFS Cities Budgeted
Expenditure Comparison
e<<m
Andover
Pop ulation
30,847
Budgeted Expenditures
13,267,414
12,772,307
% Increase
-3.73%
. Capita
Spending 2012
414
Chanhassen
23,247
9,727,800
9,738,200
0.11%
419
Cottage Grove
34,828
14,460,231
14,644,395
1.27%
420
Lino Lakes
20,505
8,740,353
8,734,854
-0.06%
426
Chaska
24,002
9,996,010
10,240,765
2.45%
427
Savage
27,147
11,982,361
12,060,928
0.66%
444
Farmington
21,369
9,349,781
9,820,841
5.04%
459
Prior Lake
23,010
10,198,453
10,630,202
4.23%
462
Rosemount
22,139
10,724,700
10,902,400
1.66%
492
Elk River
22,847
13,127,300
13,472,900
2.63%
590
Stillwater
18,299
10,863,822
11,271,014
3.75%
616
Average
24,385
11,130,748
11,298,982
1.64%
470
* 201 1 Met Council Population Estimate
** Minnesota State Auditors Office City Summary Budget Report for 2011 and 2012
Carver County City Comparison
Y 201 1 Met Council Population Estimate
* Minnesota State Auditors Office City Summary Budget Report for 2010 and 201 1
B u d geted
�.
...
._ . ,
Chanhassen
23,247
9,727,800
9,738,200
0.11%
419
Chaska
24
9
10
2.45%
427
Waconia
10
4
4
4.86%
437
Victoria
7
3
3
-1.53%
470
Carver
3
1
1
2.11%
485
Average
13,893
5,934,080
6,025,601
1.60%
1 448
Y 201 1 Met Council Population Estimate
* Minnesota State Auditors Office City Summary Budget Report for 2010 and 201 1
Carver County Tax Rates
�Ciity
Chaska
2012Tax Rate" Proposed 2013**
25.784 28.019
% Increase
8.66%
Chanhassen
28.532
28.785
0.89%
Victoria
39.554
39.961
1.03%
Waconia
44.218
51.576
16.64%
Carver
52.247
57.061
9.21%
Norwood Young
America
49.527
68.393
38.09%
Watertown
53.720
70.361
30.98%
Mayer
65.662
75.923
15.63%
New Germany
76.512
76.378
-0.17%
Cologne
73.851
80.088
8.44%
Hamburg
125.174
122.742
-2.16%
* * Based on Urban Tax Rates
Discussion Points
That Impact Final Levy Adoption
Staff will meet with City Council next week to
finalize the 2013 budget and tax levy
Additional questions or comments may be directed to:
Greg Sticha, Finance Director
gsticha (C
952-227-1149
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CITY OF CHANHASSEN 2012 - DEC. 3 2012