WS 09-08-2009 - Laserfiche WebLink

Home Browse Search

Of W r.:idy° that w)rkis t(w ynu Memo To: Mayor and City Council From: Dean R. Lotter, City Manager Subject: Budget 2010 Worksession Date: September 4, 2009 for September 8, 2009 Tax Impact Scenarios As you will recall from our last budget worksession, I suggested sending out scenario information in the Friday memo and then having Council respond in advance of the Tuesday September 81h meeting. There were three tax levy scenarios discussed in the first two worksessions. The first scenario (a 7.53% tax levy scenario) was rejected by Council. Discussion over the other two scenarios (2.02% or 0%) focused on the impacts of filling or not filling specific positions. Attached is a new tax impacts spreadsheet that isolates the Deputy Director, Senior Engineering Tech and Forester position. Please notice the titles of the positions, the annual costs of the position (these staffing costs have been increased slightly over the amounts used in our first two budget worksessions because they now include workmen's comp costs) and the tax impact in terms of dollars for filling each position to the median valued house. Essentially the cost for filling the Deputy Director is $11 for the year. Filling the senior engineering tech position will cost $8 per year and the Forester costs $6 for the year. The numbers are in the context of a median valued home. There are additional scenarios included for a $200,000, $400,000 and $600,000 home. All home value scenarios show their values reduced by 5.36% from 2009 to 2010 which is a number given to us by Ramsey County. As mentioned previously, the Council must adopt a preliminary levy and budget on September 8th to certify to the County by September 15th. A scenario was created that takes the 2.02% levy and levies an additional $73,600 to provide funding for the vacant positions to be filled January 1, 2010. The impacts of this levy are included in the attached spreadsheet. This scenario is the one included in the regular meeting packet for adoption. As stated before this number is a maximum levy after it is certified to the County. There are dates on the calendar to continue discussing the budget over the next few months with a final adoption in December 2010. The October discussion will cover H-\Correspondcncc\City Ceuncil\Budget Worksession Discussions Early 2009\Bu4,et 2010 September S. 2009.doc