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2009 Public Budget Presentation City of Chanhassen 2009 Final Levy & CIP Adoption December 8, 2008 1 Expenditures 2008 2009 % Change BudgetBudgetfrom 2008 $1,958,200$2,038,0004.1% General Government $2,939,600$3,096,1005.3% Law Enforcement $2,069,600$2,227,5007.6% Public Works $422,100$445,5005.5% Community Development $1,778,800$1,860,0004.6% Park & Recreation $150,000$192,00028.0% Transfers for Roads $9,318,300$9,859,1005.8% Total 2 Revenues 2008 2009 % Change BudgetBudgetfrom 2008 $6,563,900$7,003,5006.7% Property Tax $1,437,800$1,451,100.9% Licenses & Permits $225,000$265,00017.7% Intergovernmental Rev. $621,100$574,000(7.6)% Charges for Services $157,500$158,500.6% Fines & Penalties $313,000$407,00030.0% Other Revenue $9,318,300$9,859,1005.8% Total Revenue 3 General Fund Expenditure History $9,062,400$9,318,300$9,859,100 +5.2%+3.0%+5.7% $8,615,100 $8,307,920 +3.7% 5.6% $7,860,785 , 2003, 7860785 0% 4 Total Levy History $9,439,754$9,354,890$9,575,778$9,834,965$10,074,565 +9.27%-0.90% +2.36%+2.71%+2.44% $8,639,167 $8,639,167 0% 5 Tax Rate History Series 1, 2003, 39.091 32.981 -15.63% 28.172 -14.58% 26.678 23.740 23.824 23.50 (Est.) -5.30% -0.35% -10.70% -1.0% 6 What factors change the budget for 2008? Total General Fund expenditures  increase 5.7%. Wage and healthcare cost increases account  for $248,900 (46%) of the increase. Police contract accounts for $119,900 (22%) of  the increase. Increased fuel and utility costs accounts for  $98,000 (18%) of the increase. Transfer for roads $192,000. ($42,000  Increase) 7 Tax Capacity Levy Changes Tax Capacity Levies20082009% Chg General Fund$6,833,900$7,173,500+4.9 Capital Replacement$824,000$824,000+0.0 MSA (Sealcoating)$267,875$267,875+0.0 General Obligation Debt$769,873$582,900-24.3 Local Street Improvements$100,000$0-100.0 EDA Debt$122,703$122,603-0.08 TOTAL TAX $8,918,351$8,970,878+.6 CAPACITY LEVIES 8 Market Value Levy Changes Market Value Levies20082009% Chg Park Referendum$425,914$612,387+43.8 Library Referendum$490,700$491,300+0.1 TOTAL MARKET $916,614$1,103,687+20.4 VALUE LEVIES 9 Net Tax Levy Effects General Fund levy increase of 4.9%.  Total tax levy increase of $239,600 or 2.4%.  2009 Tax Rate will again be lower.  10 Recommendation Adopt the tax levy and budget as  presented tonight, Monday, December 8, 2008. 11