2014 Public Budget Presentation
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Budget Process
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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 9
Public budget meeting held on December 2
Budget adoption on December 9
Additional Budget Reduction Items Being
Recommended by Staff for 2014
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Elimination of Temporary Building Department Wages$14,000
Elimination of Police Reserve Vehicle$15,000
Reduction in Copier Expenses$6,250
Reduction in MIS Programs & Purchases$10,000
Delay Hiring of FT Fire Chief$30,000
Expenditure Reductions$75,250
Reduction in Sealcoating Levy (Supplemented by RAC Fund)$15,000
Total Proposed Reduction in Levy and Expenses$90,250
Expenditures
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2014 2014
Preliminary Recommended
2013 Final % Change
BudgetFinal Budget
Budgetfrom 2013
$1,993,800$1,992,300$2,016,449+1.1%
General Government
$3,053,900$3,203,899$3,148,700+3.1%
Law Enforcement/Fire
$2,332,700$2,391,800$2,360,300+1.2%
Public Works
$419,900$435,200$434,400+3.5%
Community Development
$1,947,100$1,981,000$1,969,100+1.1%
Park & Recreation
$9,747,400$10,004,199$9,928,949+1.9%
Total
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Revenues
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2014 2014
Preliminary Recommended
2013 Final % Change
BudgetFinal Budget
Budgetfrom 2013
$7,426,700$7,705,200$7,629,950+2.7%
Property Tax
$996,800$999,500$999,500+0.3%
Licenses & Permits
$280,000$285,000$285,000+1.8%
Intergovernmental Rev.
$568,100$569,900$569,900+0.3%
Charges for Services
$131,500$122,500$122,500-6.8%
Fines & Penalties
$344,300$322,099$322,099-6.4%
Other Revenue
$9,747,400$10,004,199$9,928,949+1.9%
Total Revenue
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General Fund Budget vs. Actual Expenditures
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* Amended from original budget of $9,859,100
General Fund Budget vs. Actual Revenues
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* Amended from original budget of $9,859,100
What factors change the
budget for 2014?
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Most expenditure line items remain flat for 2014
General Fund expenditures increased $256,799
(+2.6%)
Wage (Merit Based) increases of 3.0% included
Budgeted permit revenue same as 2013
Healthcare Cost Budgeted at 15% (actual
13.07%, adjustment will be made before final
levy)
Operational/Capital & Debt Levy Changes
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2014
Recommended
Operational & Capital Levies2013 Final 2014 % Chg
Final Levies
LeviesPreliminary
General Fund$7,476,700$7,705,200$7,629,950
Capital Replacement$800,000$800,000$800,000
MSA (Sealcoating)$200,000$200,000$185,000
Total Operational & Capital Levies$8,476,700$8,705,200$8,614,950+1.63%
Debt Levies
General Obligation Debt $550,000$233,800$233,800
(212 Bonds)
Audubon$130,680$444,410$444,410
Public Works Facility$593,200$592,100$592,100
Library Referendum$445,310$448,880$448,880
Total Debt Levies$1,719,190$1,719,190$1,719,190+0.0%
TOTAL ALL LEVIES$10,195,890$10,424,390$10,334,140+1.36%
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Total Levy vs. New Growth
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Effect on Homeowners
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Below are some examples of how the 2014 levy will impact property owners. The average
home in Chanhassen increased in value approximately 3.8% in taxable market value for
2014.
20132014Percent 2013 City 2014 City Percent
ValueValueChangeProperty TaxProperty TaxChange
Parcel
1$257,900$273,000+5.9%$770.96$788.87+2.3%
2$299,700$310,000+3.4%$895.14$895.470.0%
3$304,100$312,100+2.6%$908.21$901.21-0.8%
4$562,800$583,700+3.7%$1,723.13$1,740.85+1.0%
5$796,600$824,600+3.5%$2,586.73$2,601.45+0.6%
Actual Property Tax Statement
for Proposed 2014 Taxes
(School District #112)
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* TNT Statements for District 112 did not include the newly approved levy in the total estimated tax bill.
KFS Budgeted Expenditure
Comparison
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Budgeted Expenditures **% Increase
CityPopulation *20122013From 2012
31,125 12,772,307 13,205,076 3.39%
Andover
23,7799,738,200 9,889,0001.55%
Chanhassen
24,21110,240,76510,928,9346.72%
Chaska
20,625 8,374,8548,287,885-1.04%
LinoLakes
35,187 14,644,39515,406,6855.21%
Cottage Grove
22,384 10,902,40011,117,1001.97%
Rosemount
27,552 12,060,92812,347,1732.37%
Savage
21,792 9,820,841 10,429,6536.20%
Farmington
23,385 10,630,202 10,917,6002.70%
Prior Lake
24,361 13,472,900 13,641,7501.25%
Elk River
18,638 11,271,014 11,420,4161.33%
Stillwater
24,822 11,266,255 11,599,2072.88%
Average
* Met Council Population Estimate
** Minnesota State Auditors Office City Summary Budget Report for 2012 and 2013
Carver County Cities
Budgeted Expenditure Comparison
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Budgeted Expenditures **
% Increase
CityPopulation *20122013From 2012
Chanhassen23,779 9,738,2009,889,0001.55%
Chaska24,211 10,240,765 10,928,934 6.72%
Waconia11,065 4,735,078 5,028,7586.20%
Victoria7,793 3,554,138 3,651,2062.73%
Carver4,012 1,859,726 1,848,987-0.58%
Average14,1726,025,5816,269,3773.32%
* Met Council Population Estimate
** Minnesota State Auditors Office City Summary Budget Report for 2012 and 2013
KFS Per Capita
Spending Comparison
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Per Capita
CitySpending 2012
424
Andover
416
Chanhassen
451
Chaska
402
LinoLakes
438
Cottage Grove
497
Rosemount
448
Savage
479
Farmington
467
Prior Lake
560
Elk River
613
Stillwater
472
Average
Carver County Cities
Per Capita Spending Comparison
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Per Capita
CitySpending 2013
Chanhassen416
Chaska451
Waconia454
Carver461
Victoria469
Average450
Carver County Tax Rates
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City2013 Tax Rate**
Chaska28.075
Chanhassen28.428
Victoria39.574
Waconia49.433
Carver57.320
Watertown60.690
NorwoodYoung America62.292
Mayer68.839
NewGermany76.454
Cologne80.312
Hamburg122.833
Average61.295
** Based on Urban Tax Rates
City of Chanhassen Tax Rate History
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Rate is based on urban rates and includes both tax capacity and market value based levies.
Sales Tax Law Change
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Sales Tax Law Change
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Sales Tax Law Change
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