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<br />I <br /> <br />I <br /> <br />I <br /> <br />Council Meeting Minutes <br />November 27, 1990 <br /> <br />Page 5 <br /> <br />Public Hearina, continued <br /> <br />After several joint worksessions with Council and staff, the tax levy was <br />reduced by $200,000 to $135,100 or a 4.9% increase. <br /> <br />The Ramsey County and School District original projections appear to be <br />very similar to the actual amounts. <br /> <br />Property taxes are shared by the School District, County, and City. A <br />smaller portion of the taxes are used to pay for special metropolitan <br />programs. New Brighton's 1991 allocation is $ .12 per each tax dollar. <br /> <br />The City's 1991 General Fund budget is $5,377,200; and provides <br />services such as, police, fire, parks, finance, community development, <br />garage and streets. The General Fund is supported by a mix of non-tax <br />and tax revenues. <br /> <br />The 1991 Enterprises Fund budget is $2,861,500, and the water/sewer <br />services and Brightwood Hills Golf Course are included in this fund. These <br />services rely extensively on customer fees for financing. <br /> <br />The Miscellaneous Program budget is $1,885,200, and involves capital <br />projects and special funds. Parks, sidewalks, stormwater management <br />and streets are capital projects. The Treatment Plant, Long Lake Park <br />proceeds and the Environmental Restoration monies are special funds. <br /> <br />Childs said in 1987, the City received $969,000 of state aid, but in 1991 <br />the City only received $800,000. <br /> <br />Childs noted that New Brighton has one of the lowest tax rates of <br />neighboring communities. The lower tax rate is possible because of sound <br />fiscal management and a commitment to efficiency. <br /> <br />Curt Ackerman, 1783~-18th Avenue, asked the formula used to arrived at <br />the $800,000 state aid portion. Childs briefly explained that local <br />government aid is a payment back to cities based on a formula of property <br />tax wealth. The state aid monies come from income tax, sales tax and <br />other resources. In general, the Range Cities receive a higher amount of <br />state aid because of lower property values. <br /> <br />Williams said that of Minnesota's 854 cities, 651 cities rely on 50% of <br />their City budget financing from local government aid. <br /> <br />Qrv Krause, 1252--12th Avenue NW, noted the excellent job the City has <br />done in the 1991 budgeting process. He feels residents should be more <br />concerned of the school district and county budgeting processes. <br /> <br />Public Hearinq <br /> <br />1991 Annual <br />Budget and Tax <br />Levy <br />Report 90-247 <br />Resolution 90~94 <br />