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HomeMy WebLinkAboutSP November 21, 1991 <) ~~) ,-~ \J ~ CITY of ANDOVER Special City Council Meeting - November 21, 1991 7:30 P.M. Call to Order 1. Public Hearing/1992 Tax Levy and Budget 2. 3. Adjournment ,...~~"""i''''-''''''''''.'.', ~";tt}~, ,:t\ ') ti ,i1 ",'" .it 1, .J~ " '- ,qi;l> ~~.~~*'~~ CITY OF ANDOVER REQUEST FOR COUNCIL ACfION ITEM NO. Public Budget Hearing DATE November 21, 1991 ORIGINATING DEPARTMENT Finance Howard D. Koolick \-K Finance Director BY: AGENDA SECTION NO. REQUEST The Andover City Council has scheduled a public hearing to review and receive public comment regarding the 1992 budget and tax levy. Upon concluding discussion and public input, the Andover City Council is requested to adopt resolutions approving the budget and certifying the 1992 tax levy. Should City Council choose to reconvene the hearing to allow changes in the budget or levy, that date will need to be announced. BACKGROUND Attached is a copy of the proposed 1992 summary budget. This is the information being given to residents who request copies of the budget. I have also included a copy of the memo dated October 30, 1991 which gave information regarding the 1992 tax levy and budget. During the public hearing we will need to discuss both the proposed tax levy and the 1992 budget. Please note that an error was made in the proposed levy which overstated the proposed levy by $38,841. The resolution certifying the final tax levy includes the corrected amounts. I will be making a presentation at the meeting which will summarize the summary budget. I will give you a copy of the outline of this presentation before the meeting starts. If you have any questions or would like to see additional information presented, please feel free to call me at City Hall. COUNCIL ACTION MOTION BY TO SECOND BY <) '\ "~ "- \,~ CITY OF ANDOVER COUNTY OF ANOKA STATE OF MINNESOTA RES. NO. R -91 A RESOLUTION ESTABLISHING THE 1992 LEVY TO BE CERTIFIED TO THE COUNTY DEPARTMENT OF PROPERTY TAX ADMINISTRATION BY THE CITY OF ANDOVER. THE CITY COUNCIL OF THE CITY OF ANDOVER HEREBY RESOLVES: The total non-bonded indebtedness levy is hereby set at $1,428,203 . Of this levy, $1,423,203 is for general purposes and is levied against all taxable property within the City of Andover. The remaining $5,000 is levied against the properties located within the Lower Rum River watershed Management Organization Taxing District for the City of Andover's share of costs for this organization. The total bonded indebtedness levy is hereby set at to fund the following indebtedness: $508,446 1987 Certificates of Indebtedness 1989 Certificates of Indebtedness 1990 Certificates of Indebtedness 1991 Fire Station Bonds $36,807 $27,466 $28,766 $415,407 The levy for the 1990 Certificates of Indebtedness has been decreased by $37,630 since the City intends to fund this amount of the debt from local sources. THE CITY COUNCIL OF THE CITY OF ANDOVER FURTHER RESOLVES that the scheduled levy of $23,904 for the FHA/G.O. Improvement Bonds of 1977 is hereby cancelled for 1991. Adopted by the City Council of the City of Andover on this day of November , 1991. 21st CITY OF ANDOVER Kenneth D. Orttel - Mayor ATTEST: victoria Volk - City Clerk .'-) CITY OF ANDOVER COUNTY OF ANORA STATE OF MINNESOTA RES. NO. R -91 A RESOLUTION ESTABLISHING THE CITY OF ANDOVER 1992 GENERAL FUND, DEBT SERVICE FUNDS AND PUBLIC IMPROVEMENT REVOLVING FUND BUDGETS. WHEREAS, the preparation and adoption of operating budgets is recognized as sound financial practice; and WHEREAS, the City of Andover receives significant financial support from its residents through the payment of property taxes: and WHEREAS, the City of Andover has the responsibility to appropriately and efficiently manage the public's funds; and WHEREAS, the City of Andover complied with the State of Minnesota truth in taxation requirements including soliciting public input through a public hearing; and '1 '-~ WHEREAS, the City Council of the City of Andover adopted Resolution Number R -91 establishing the 1992 tax levy. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Andover hereby establishes the 1992 General Fund, Debt Service Funds and Permanent Improvement Revolving Fund budgets as follows: Debt General Service Fund Funds REVENUES: Taxes $ 1,113,714 $ 898,949 Licenses and Permits 259,298 Intergovernmental 644,326 254,797 Charges for Services 80,200 Fines and Forfeitures 40,000 Special Assessments 1,000 1,667,570 Miscellaneous 82,700 581,650 Bond Proceeds 1,500,000 Transfers from Other Funds 93,300 37,630 , "' \~ Total Revenue $ 2,314,538 $ 4,940,596 Permanent Improvement Revolving Fund $ 119,000 55,000 $ 174,000 ,J EXPENDITURES: General Government $ 608,307 Public safety 850,791 Public Works 436,462 Parks and Recreation 230,428 Recycling 36,811 Economic Development 17,994 Other Financing Uses 133,745 Debt Service $ 3,031,048 Total Expenditures $ 2,314,538 $ 3,031,048 '\ , 'J '\ ,~ $ 11,298 10,700 $ 21,998 Adopted by the city Council of the City of Andover on this 21st day of November , 1991. CITY OF ANDOVER ATTEST: Kenneth D. Orttel, Mayor victoria volk, City Clerk " J '__ .I CITY of ANDOVER 1685 CROSSTOWN BOULEVARD N.w. . ANDOVER. MINNESOTA 55304 . (612) 755-5100 MEMORANDUM Honorable Mayor and city Councilmembers TO: COPIES TO: FROM: DATE: Howard D. Koolick, Finance Director october 30, 1991 REFERENCE: Information on 1992 Tax Levy and Budget According to the County's Department of property Tax Administration, the truth in taxation notices will be mailed to property owners on November 5, 1991. As you are aware, the notice will show a 64.5% increase in the proposed tax levy for the city. The notice will also show a weighted average percentage increase. This amount is the increase that taxpayers in the City will see if there are no changes in valuations, no new homesteads and no changes in certified levies by the city, County or school districts. For , residents in school district #11 the weighted average "~ increase will be 7.2% while residents in district #15 will see a 6.6% increase. In anticipation of questions from Andover residents, the following information is being provided relating to Andover's 1992 budget and tax levy. EXECUTIVE SUMMARY The notices being sent by the county are mandated by state law and the form is set by the state. The weighted average increase shown is a misleading figure since changes in the tax law will tend to increase taxes on lower and mid-priced residential property faster than on higher-priced residential, rental and commercial-industrial property. Depending on which school district a property is in, 1992 taxes can be between a slight decrease and an increase in excess of 18%. The city levies taxes for General Fund operations and debt service. While the City increased its tax levy 33.13% (from $1,484,070 to $1,975,490), the majority of the increase is to pay the principal and interest on the 1991 fire bonds. "\ ,-j '--) TAX LEVY The tax levy set by the City consists of two components. The first, a General Levy, are taxes levied to cover general operations financed through the City's General Fund. The other component of the tax levy is the debt levy which are taxes levied to make debt payments. Each part of the tax levy is decreased by aids paid by the state and fiscal disparity distributions to arrive at the portion of the tax levy actually paid by residents. The following is a summary of the levy and deductions for both general and debt for 1991 and 1992: 1991 Tax Levy 1992 Tax Levy General Debt General Debt Certified Levy $1,364,215 $119,855 $1,467,044 $508,446 Deduction from Levy: Homestead and Ag. Credit Aid 323,611 28,431 298,388 103,415 Equalization Aid 48,336 4,247 38,936 13,494 Fiscal Disp. Dist. 278,954 24,508 181,873 63,034 \ Tax Levy $ 713,314 $ 62,669 $ 947,847 $328,503 '-~ Divided by Local Tax Base 7,103,414 7,103,414 7,103,423 7,103,423 Tax Rate 10.042% 0.882% 13.344% 4.625% Several aspects of the above data merit further discussion. 1. Total certified levy increased from $1,484,070 to $1,975,490. This 33.13% increase is composed of the following: Amount Percentage of Total Increase Increase in General Levy to compensate for lost Local Government Aid Increase in Debt Levy for Fire Department Bonds Decrease in Debt Levy for decrease in annual payments Total Increase $ 102,829 $ 415,407 20.92% 84.54% $ (26,816) $ 491,420 (5.46) % 100.00% '\ ) '~J \ 'J '\ ,~ 2. Certified general levy increased only 7.5% (from $1,364,215 to $1,467,044), however, the tax levy and rate show an increase of 32.9%. The reason for this difference is that with higher debt levies, the debt portion of the levy gets more of the deductions since they are split based on the percentage of the certified levy for each component. 3. Local tax base shows no increase due to rate changes contained in the property tax bill passed by the state earlier this year. The following is a summary of the "old" and "new" rate structure: Class Rates for property Taxes payable in: 1991 1992 1993 Residential homestead: First $68,000 of value $68,000 to $72,000 $72,000 to $110,000 $110,000 to 115,000 Amount over $115,000 1. 0% 2.0% 2.0% 3.0% 3.0% 1. 0% 1. 0% 2.0% 2.0% 2.5% 1. 0% 1. 0% 2.0% 2.0% 2.0% Rental property: 1 to 3 units 4 or more units 3.0% 3.6% 2.8% 3.5% 2.5% 3.4% Commercial-Industrial First $100,000 of value Amount over $100,000 3.2% 4.95% 3.1% 4.75% 3.0% 4.7% Vacant Land 2.3% 2.2% N/A The effect of decreasing the rates on higher valued residential, rental and commercial-industrial property is transferring a greater share of taxes to mid-priced homes (those homes between $72,000 and $110,000). Any growth in the City'S tax base from new construction is offset by the loss from the decrease in rates. TAX CAPACITIES The following table shows a comparison of 1991 and 1992 net tax capacity for a variety of residential properties. This comparison shows that while the net tax capacity on all residential property over $68,000 has dropped, the decreases are much more significant once the property value exceeds $110,000. , ) Property Net Tax capaci ty Value 1991 1992 Decrease $ 65,000 $ 650 $ 650 $ -0- $ 75,000 $ 720 $ 700 $ 20 $ 80,000 $ 920 $ 880 $ 40 $ 90,000 $1,120 $1,080 $ 40 $100,000 $1,320 $1,280 $ 40 $110,000 $1,520 $1,480 $ 40 $120,000 $1,820 $1,705 $ 115 $130,000 $2,120 $1,955 $ 165 $140,000 $2,420 $2,205 $ 215 $150,000 $2,720 $2,455 $ 265 $200,000 $4,220 $3,705 $ 515 PROPOSED CITY TAX LEVY The City increased actual $1,484,070 to $1,975,490. effect of this increase on properties. dollars levied by 33.13% from The following table shows the a variety of residential , '-~ property Value $ 65,000 $ 75,000 $ 80,000 $ 90,000 $100,000 $110,000 $120,000 $130,000 $140,000 $150,000 $200,000 1992 proposed Levy General Debt $ 86.74 $ 30.06 93.41 32.37 117.42 40.70 144.12 49.95 170.80 59.20 197.50 68.45 227.52 78.86 260.87 90.42 294.25 101.98 327.60 113.54 494.40 171.35 Increase General $ 21.47 $ 21.10 25.03 31.65 38.24 44.86 44.76 47.97 51.23 54.45 70.63 Debt 24.33 26.02 32.58 40.07 47.56 55.04 62.81 71.72 80.63 89.54 134.13 Percentage Increase 64.50% 59.93 57.34 58.62 59.50 60.16 54.09 51. 69 49.88 48.46 44.41 The above data clearly shows that the majority of the increase is a result of the increase in the debt levy caused by the fire bonds. The increase in the general levy results from levying for the loss of local government aid and the decreased aids as explained earlier. The data also shows that the lower valued properties will bear a larger burden of the increase. ESTIMATED TAXES As was mentioned earlier, the notice will give a weighted average increase. In order to give you a more concrete idea of what the proposed tax increases combined with the changes in rates will do for a specific property, the following able shows estimated 1992 taxes and the increase or decrease from 1991. " ) ) property Located in School District ill within Coon Creek outside Coon Creek Property watershed Dist. watershed Dist. School District U5 Value 1992 Increase 1992 Increase 1992 Increase $ 65,000 $ 705 $ 85 $ 703 $ 84 $ 718 $ 115 $ 70,000 759 72 757 72 774 106 $ 80,000 954 76 951 75 972 119 $ 90,000 1,171 103 1,167 101 1,193 154 $100,000 1,388 129 1,383 127 1,414 190 $110,000 1,605 155 1,600 154 1,635 249 $120,000 1,849 113 1,843 111 1,884 196 $130,000 2,120 97 2,113 96 2,160 194 $140,000 2,292 83 2,383 80 2,437 193 $150,000 2,663 68 2,653 65 2,713 191 $200,000 4,018 - 8 4,005 - 11 4,094 181 As the data above shows, depending on the value of the property, the increase can range from a decrease in taxes to an increase in excess of 18%. While the weighted average increase shown is around seven percent, the actual increase on the property will be more if the property is valued under $115,000. Conversely, those properties valued over $115,000 will see increases lower than the weighted average, except in School District *15 where the increase is high enough to offset the a larger portion of the rate decrease. '\ '-~ 1992 BUDGET The 1992 General Fund budget shows an increase of $110,336. On the revenue side, the increase results from the following: Increase in tax levy Less Estimated increase in aids reducing tax levy Inclusion of Comm. Development Block Grant Increase Local Revenue Sources: Building Department Revenues Establishment of Investment Adminstration Fee for all other city Funds Increase in various fees Decrease in Local Revenue Sources: Court Fines Transfer from the Admin. Trust Miscellaneous increases/decreases \ _/ 102,829 -38,841 47,723 32,813 24,600 4,575 19,000 Fund 26,700 -17,663 110,336 ~ ) As the above shows, the increase in the revenue budget was accomplished by increasing local revenue sources and the tax levy to offset decreases in some local revenue sources. The General Fund expenditure budget also shows an increase of $110,336. The increase is composed primarily of the following: Additional costs required to operate and maintain new fire stations Additional costs required to operate larger fire department Community Development Block Grant budget included in General Fund Estimated cost of election in 1992 Increase in police costs charged by Anoka County Increase in assessing costs charged by Anoka County Operation of 4 new traffic signals Elimination of seal coating and cracksealing programs 19,510 32,153 47,423 13,586 15,150 6,789 5,100 -31,200 .,) In addition to the increases as shown ahove, the City is required to meet several state and federal mandates including the new social security withholding, implementation and maintenance of comparable worth relationships and the required development of Kelsey Park to name a few. The City, by increasing local revenues, has been able to adopt a balanced and realistic budget without major sacrifices in programs or services. prior to the November 21, 1991 public hearing on the budget and tax levy, you will receive a more detailed budget and explanation of the budget process and document. \ '.,~ "-) CITY OF ANDOVER PROPOSED 1992 SUMMARY BUDGET : ) " ) '_/ , .i) ,~) <-) ~ CITY of ANDOVER 1685 CROSSTOWN BOULEVARD NW. . ANDOVER, MINNESOTA 55304 . (612) 755-5100 BUDGET TRANSMITTAL LETTER November 12, 1991 Honorable Mayor and city Council and Residents of the City of Andover: Submitted herewith is the proposed 1992 budget for the City of Andover. The budget represents the blueprint of where the City intends to go financially and programatically during 1992. This document, the Summary Budget, is intended to summarize, for the Mayor, City Council, residents and other interested persons, how the City of Andover has allocated its resources for 1992, and the principles and forces which guided that allocation. The Summary Budget is divided into the these sections: * Executive Summary * Introduction to the City of Andover * 1992 Goals and Objectives * Operating Budgets * Tax Levy * Prospects for the Future * Appendix The Introduction section provides general background information about the City, its structure and services. The Operating Budgets section includes information about the revenues, expenditures and important variables affecting the 1992 proposed budget. The Tax Levy section provides information relating to the proposed tax levy for 1992. The final section provides attempts to anticipate those things which will occur in the future having an affect on the City. " ,~) '\ \~ ;') ',.-/ The City individual department. also prepares a more detailed budget showing revenue items and expenditure items within each Copies of this budget are available upon request. Questions or comments from readers are welcomed and should be directed to the Finance Director. ) " ) TABLE OF CONTENTS EXECUTIVE SUMMARY page 1 INTRODUCTION TO THE CITY OF ANDOVER Background Budget preparation Services Provided 4 4 5 6 GOALS AND OBJECTIVES OPERATING BUDGETS Revenues Expenditures General Fund Revenues Expenditures Debt Service Funds Revenues Expenditures Permanent Improvement Revolving Fund Water and Sewer Enterprise Funds 8 9 9 10 12 14 15 16 17 17 17 TAX LEVY PROSPECTS FOR THE FUTURE Building Trends Relationship with State of Minnesota Debt 20 20 20 APPENDIX General Fund Revenue by Source 22 General Fund Expenditures by Department 23 , , J .J EXECUTIVE SUMMARY The Executive Summary provides an overview of this Summary Budget document. More detailed information can be found in the information that follows as well as the more detailed budget which is available upon request. The City of Andover operates under guidelines established in Minnesota State Law. These guidelines govern all operations of the City including the organization structure, the budget process and tax levy authority to name a few. Under these guidelines, the City provides the usual services associated with a City and finances these services through a variety of means. Proposed operating budgets for 1992 are as follows: , ) Revenues: Taxes Licenses and Permits Intergovernmental Charges for Services Fines and Forfeitures special Assessments Miscellaneous Bond Proceeds Transfers from Other Funds Total Revenue Expenditures: General Government Public Safety Public Works Parks and Recreation Recycling Other Financing Uses Debt Service Total Expenditures '\ .--j General Fund $ 1,113,714 259,298 644,326 80,200 40,000 1,000 82,700 93,300 $ 2,314,538 $ 608,307 850,791 436,462 230,428 36,811 151,739 $ 2,314,538 Debt Service Funds $ 898,949 254,797 1,667,570 581,650 1,500,000 37,630 $ 4,940,596 $ 3,031,048 $ 3,031,048 Permanent Improvement Revolving Fund $ 119,000 55,000 $ 174,000 $ 11,298 10,700 $ 21,998 .~ General Fund Budget '-J' ,-) .-J The General Fund proposed budget reflects an increase of $110,336. The additional revenues required to maintain a balanced budget include an increase in the tax levy ($63,988), the inclusion of a budget for Community Development Block Grant Funds ($47,723), increases in some local revenue sources of totaling $61,988 which is offset by decreases in other local sources of $63,363. Additional expenditures in the General Fund include: Increased costs for new volunteer firefighters and new station operations Inclusion of a budget for Community Development Block Grant Funds Increased costs in the police contract with Anoka County Estimated election costs Increased costs in the assessor's contract with Anoka County Increased number of traffic signals $51,663 47,723 15,150 13,586 6,789 5,100 The above are partially offset by eliminating the seal coating program and reducing the crack sealing program. Debt Service Funds The Debt Service Fund budget reflects a large decrease in activity compared to prior years resulting from large prepayments of special assessments and smaller bond maturities than previous years. Expenditures are primarily the payment of bond principal and interest and are subject to little fluctuation. Revenues in this fund are primarily special assessment payments which can vary greatly from year to year. Permanent Improvement Revolving Fund This fund accumulates resources for the construction of various i~provements and acquisition of equipment. The revenues 1n this fund result from assessments remaining on four bond issues which were paid-off in 1990 and interest earnings. The expenditures for 1992 include the acquisition of minor election equipment and the replacement of minor and fire department equipment. 2 ,,) Tax Levy The city, after correction for a minor error and before calculating state credits which reduce the share of the property tax to be paid by property owners, proposes to increase taxes $452,579. The vast majority of this increase ($415,407) relates to the Fire Bonds which were approved by voters in 1990. The increase is so large since 1992 is the first year taxes have been levied for these bonds. \ ',~ ,,) 3 :_) \ ~~ ,,) INTRODUCTION TO THE CITY OF ANDOVER Background The City of Andover was incorporated as a city on November 12, 1974. Previously known as Grow Township, the City is located in Central Anoka County approximately 25 miles north of the Twin Cities of Minneapolis and st. Paul. The City operates under "Optional Plan A" form of government as defined in the state of Minnesota statutes. The City Council, composed of an elected mayor and four elected councilmembers, exercise legislative authority and determine all matters of policy. The City Council which will be serving during 1992 is as follows: Kenneth D. Orttel, Mayor Donald Jacobson, Councilmember John (Jack) McKelvey, Councilmember Marjorie Perry, Councilmember Todd Smith, Councilmember The City a City to carry Council, all serving in a part-time capacity, appoint Administrator, various department heads and employees out the day-to-day operations of the City. Budget Preparation The City maintains 37 accounting funds, each of which operates as a separate accounting entity with its own assets, liabilities, revenues and expenditures. Annual budgets are adopted for the following funds: * General Fund * Debt Service Funds * Permanent Improvement Revolving Fund * Enterprise Funds Annual budgets are not adopted for Capital Project Funds since each project within a fund has its own, multi-year budget. The City budgets on a calendar year basis in accordance with a variety of state laws. These laws, known as truth in taxation laws, require the City to meet deadlines as follows: 4 ,,) * Prior to September 1st - The city must adopt a proposed tax levy and budget. * Between November 15th and December 20th - The City must hold a public hearing on the proposed tax levy and budget and adopt a final tax levy and budget. The final tax levy cannot exceed the preliminary tax levy. * Prior to December 28th - The City must Certify to the County the amount of the final tax levy. Failure to meet these deadlines results in the City being held to the amount of taxes levied in the prior year. In order to meet the deadlines listed above, the budget process begins in late spring as department heads begin planning for the upcoming year. In late June or early July, the City Council is presented a preliminary budget, which is refined and amended until its adoption prior to September 1st. Budgets for year. Since sewer user completed in laws. the enterprise funds are completed later in the these funds are financed totally by water and fees and receive no tax revenue, they can be late fall without affecting the truth in taxation Services Provided ,,) The City of Andover is the provider of the normal services associated with a city. These services can be broken down into the following areas: * General government consisting property assessment, building elections. of administration, administration, and * Public safety consisting of police and fire protection, civil defense maintenance, animal control and protective inspections. * Public works consisting of street maintenance, snow and ice removal, street sign maintenance, storm sewer maintenance and weed control. * Park and Recreation consisting of park maintenance and development. * Other services including recycling administration. * Water and sewer service to a portion of the City. . '\ \,~ 5 I "- '-) ~J While the City provides these services, it is common for the City to contract with Anoka County or a third party if such an arrangement is cost effective while still providing the desired level of service. Areas such as property assessment and police protection are contracted for such a reason. GOALS AND OBJECTIVES During the budget process, the City Council, upon review of the budget, adopted the following goals and objectives for 1992: Goal #1 - Maintain the financial health of the- Ci ty of Andove r . Objectives 1. Maintain General Fund fund balance, as well as all other fund balances, as required by the Fund Balance Policy adopted by City Council on February 19, 1991. 2 . Promote the use of tax assessment debt financing residential development. increment and special to encourage commercial and 3. Determine a funding source for the cover future costs of employee retirements and begin funding these severance fund to resignations and costs in 1993. \ ) Goal #2 - Provide efficient and high quality maintenance of public infrastructure. Objectives 1. Provide patching, repair and grading of roadways to prevent deterioration and extend the street's life as a part of normal maintenance. 2. Provide sealcoating, which is mostly cosmetic in nature, to those roads where residents request this service and are willing to be assessed for the cost. 3. Remove snow and clear ice, with the use and equipment only, to ensure the properly maintained and driveable. of Ci ty staff roadways are 4 . Acquire additional equipment considered necessary the Public Works Superintendent to maintain repair infrastructure on a regular basis. by and h ~) ~) '-~ Goal *3 - Provide for the health and safety of the citizens of the City of Andover Objectives 1. Provide 32 hours of police coverage through the Anoka County Sheriff's Office. 2. Provide fire protection and rescue service through the Andover volunteer fire department and rescue squad and encourage residents to become volunteers by providing training, a stipend and contributions to a pension plan. 3. Fund costs incurred for Andover participate in the DARE program. students to 4. Ensure residents and businesses a safe place to live or work by providing building inspections and plan review for all construction in the City of Andover. Goal * 5 - provide and maintain a recreational areas for the residents. variety of enjoyment parks and of Andover Objectives 1. Develop Kelsey-Round Lake Park as a regional outlined in the plan prepared by the City, the use of federal grants and local funds. park, as through 2. Develop and improve neighborhood parks as recommended by the Park and Recreation Commission. 3. Maintain parks and recreation areas to provide safe and enjoyable areas for residents. 4. Replace worn out equipment, as considered necessary by the Public Works Superintendent, required to maintain City parks. Goal *6 - Operate the City in accordance with all applicable state and federal legislation. Objectives 1. Implement and maintain comparable worth relationships amongst employees. 7 -,) :_) ,-) 2. Conduct improvement projects in accordance with state statute section 429. 3. Provide resources necessary to comply with a variety of reporting, publication and operational laws. Goal #7 - Provide the residents of Andover with high quality service. Objectives 1. Hire, develop and retain competent and professional staff. 2. Use tax dollars to support only those operations that do not unduly benefit private property or specific groups. Services or expenditures incurred that do not benefit the entire City, should be funded through user fees. 3. Provide the use official information of interest to residents through of the newsletter, cable television, the newspaper and other means available. These goals and objectives will provide the basis decisionmaking during upcoming year. for OPERATING BUDGETS Revenues The City's major revenue sources include special assessments, interest earnings, license and permit fees, tax levies and a variety of state aids. The allowable use and amount of each type of revenue is prescribed and limited as follows: * Special assessments are used solely for the payment of debt for which the assessments are pledged. , Assessments are levied against property benefitted by an improvement such as street construction, water and sewer installation and storm drainage construction. Prior to levying an assessment, the affected property owners are notified of the potential assessment to allow them to comment on the improvement. * Tax levies service levied. are used for both operations and debt based on the purpose for which the taxes were Minnesota state Statutes limit the amount of 8 , ) taxes that can be levied for operations. They also limit the amount that can be levied for debt service without an voter approval prior to issuing debt. * State aids are also used for both operations and debt service dependent on the type of aid and the allowable uses under state law. The city receives several aids which are used to reduce the property taxes levied, local government aid and state highway aid which is dedicated to pay debt used to improve major roadways within the City. * License and permit fees are used for operations and are charged to the individuals applying for such items. * Interest earnings are allocated to each fund based on its cash position during the year. The City pools cash balances from all funds and invests them to the extent available in various investments authorized by state statute. Interest is allocated periodically based on each funds participation in the pool. \ The City receives revenue from other minor sources such as \_~ fines, charges for services and refunds and reimbursements as well as other sources. Expenditures The City expends resources to provide the services mentioned earlier as well as to pay outstanding debt and to construct various improvements. Expenditures are made for payment for personal services, supplies, contracted services, repairs and maintenance, capital acquisitions and construction and the payment of principal and interest on debt. GENERAL FUND The General Fund is used to account for those revenues and expenditures associated with the regular day to day operations of the city as well as those activities that cannot be accounted for in another fund. It is the most complex fund as well as the fund with the most activity. '-) q '\ \~ Revenues The General Fund receives the majority of its revenue from property tax levies, state aids and licenses and permits. The following is a summary of revenues within the General Fund: 1991 Actual 1992 through Proposed 1990 Budget Sept. 30th Budget Taxes $ 911,255 $1,072,643 $ 578,928 $1,113,714 Licenses/Permits 212,793 223,710 175,261 259,298 Intergovernmental 616,722 592,199 394,333 644,326 Charges for Services 75,962 72,350 47,409 80,200 Fines 46,650 59,000 24,926 40,000 Interest Earnings 28,147 30,000 9,344 54,600 Other 41,913 34,300 12,336 29,100 Transfers from Other Funds 188,318 120,000 -0- 93,300 '\ Total $2,121,760 $2,204,202 $1,242,537 $2,314,538 ,_.J As the above shows, the 1992 proposed budget represents a $110,336 increase over the amended 1991 budget. This increase results from an increase in the tax levy as well as an increase in local revenue sources. The Appendix includes a more detailed listing of revenues by sources. The following summarizes the major components of the increase: Increase in Tax Levy $63,988 This increase represents the reduction in local government aid from the 1991 for which the City can levy taxes. Under the 1991 tax bill, this is the only increase allowed in the levy for operations. Prior to the 1991 state legislative session, state law allowed for a three percent inflation increase plus an increase based on growth. Both these factors were removed for 1992. Inclusion of Community Development Block Grant $47,723 '. ) The City receives federal funds through this program. Previous budgets have not included 10 \ , ) equal amounts for revenues expenditures. Since the expenditure budget reflects an increase of $47,723 for CDBG expenditures, there is no net effect on the budget. Increase in Building Related Fees The City has increased a variety of building related fees. These fees are charged when buildings are built, remodeled or improved. The increases make the City's fee schedule comparable to neighboring cities. Establishment of Investment Administration Fee for all City Funds The City invests all idle cash to the extent available. The General Fund pays all costs associated with investing. This fee, which amounts to two percent of each funds interest earnings, is designed to compensate the General Fund for costs incurred relating to investment acti vi ty. Increase in Various Fees ') j Fees for items such as special assessment searches, copies of longer ordinances, and liquor licenses have been increased to better reflect the costs to perform the required services. Decrease in Estimated Court Fines The estimate for fines charged by the County Court has been decreased from the 1991 estimate to reflect a more conservative estimate based on actual 1991 fines through July. Decrease in Transfer from the Administrative Trust Fund The City maintains an Administrative Trust Fund which is funded through assessments for administrative costs on new construction projects. The Trust fund annually transfers monies to the General Fund based on assessment payments. The estimated amount has decreased due to a two-year phase-in of a change in the method of accounting for this fund which ended in 1991. " "-~ 11 $32,813 $24,600 $4,575 ($19,000) ($26,700) ''\ "~ / '\ '-J '\ '----/ Expenditures The General Fund expends monies for public safety, public works, administration, park maintenance and development and other areas associated with the daily operation of the city. The following is a summary of the expenditures within the General Fund: General Government Public Safety Public Works Parks & Recreation Recycling Other contingency Total 1991 1990 $ 593,778 754,907 336,214 261,456 39,567 143,878 -0- $2,129,800 Budget Actual through Sept. 30th $ 419,914 453,894 256,587 158,356 21,179 73,156 -0 $1,383,086 1992 proposed Budget $ 609,307 850,791 436,462 229,428 36,811 95,667 56,072 $2,314,538 The 1992 proposed budget represents a $110,336 increase over the amended 1991 budget. The major components of this increase are described below. $ 582,814 811,658 456,043 219,897 37,129 53,117 43,544 $2,204,202 Increase in Fire Station Operations $19,510 During 1991, the City maintained one fire station while building two new stations. The 1992 budget reflects the additional costs for items such as utilities, insurance and general operating costs for two additional stations. Increase is Number of Firefighters $32,153 During the mid-1980's through 1990, the fire department was authorized to operate with up to 35 volunteer firefighters. Based on report prepared for the City establishing the City'S fire fighting needs, the City Council authorized the fire department to operate with up to 50 members. The 1992 budget is the first year that the department will operate with a full 50 members. 12 ~J , , ..~ ~ / Inclusion of Community Development Block Grant The City receives federal funds through this program. Previous budgets have not included equal amounts of revenues or expenditures. Since the revenue budget reflects an increase of $47,723 for CDBG revenue, there is no net effect on the budget. Estimated Costs of 1992 Election Since the City is required to hold elections in even numbered years only, the 1991 budget included no costs for elections. Minor costs were incurred to elect a new county commissioner, however, Anoka County has reimbursed the City for these costs. The estimate for 1992 is higher than past years, since the City will be required to hold a presidential primary in April along with the regular primary and general elections in the fall. Increase in Police Contract The City contracts with Anoka County for 32 hours of police coverage per day. The County increased the contract for such service by 3.84% for 1992. Increase in Assessor's Contract The City contracts with Anoka County for assessing services. The annual cost is based on the number of each type of property times a specified rates. The increase results from both an increase in rates and numbers of properties. Increase in Number of Traffic Signals During late 1990 and 1991, the City Council approved several joint powers agreements for the installation and operation of traffic signals at major intersections. These agreements call for the City to pay the operating costs of the signals. 13 $47,723 $13,586 $15,150 $6,789 $5,100 ,J Elimination of Sealcoating and Reduction of Cracksealing The city has done little or no sealcoating for the last several years since it is primarily cosmetic in nature and does not prolong the life of the road. Cracksealing is being reduced to the point that only the worst areas will be cracksealed. ($31,200) A summary of expenditures by department can be found in the Appendix. DEBT SERVICE FUNDS Debt Service Funds are used to account for the resources accumulated to make annual principal and interest payments on debt issued by the City. The City currently maintains 21 debt service funds, however, budgets are only prepared for 19 of these funds. The two unbudgeted funds do not have debt directly tied to them at this time, therefore, no expenditures are anticipated. The City, as of December 31, 1991 has the following types and , amounts of bonded debt outstanding: ~-) S ecial Assessment Bonds are issued to finance varlOUS lmprovements an will be repaid primarily from special assessments levied against the properties benefitting from the improvements. Amount outstanding as of December 31, 1991 - $18,315,000 General Obligation Bonds are issued to finance improvements benefitting the City as a whole and will be repaid from taxes levied against all real property within the City. Currently, the only issue of this type are the Fire Station Bonds issued in 1991. Amount outstanding as of December 31, 1991 - $2,500,000 State Aid Bonds are issued to finance the construc- tion, improvement or repair of State-aid streets within the City. These bonds will be repaid from aids received from the state designated for payment of this debt. Amount outstanding as of December 31, 1991 - $510,000. ~ 14 , " '-~) Tax Increment Bonds are issued for redevelopment projects and are financed by the additional tax revenue resulting from the increased taxable value of the redeveloped properties. Amount outstanding as of December 31, 1991 - $1,015,000. Certificates of Indebtedness are issued to finance the purchase of equipment. This type of debt will be repaid from taxes levied against all real property within the City and transfers from other funds. Amount outstanding as of December 31, 1991 - $302,000. The City also is liable for non-bonded debt relating to assessments levied against City owned property and two leases used to purchase equipment. These items, which are paid out of the General Fund, total less than $300,000 as of December 31, 1991. Revenues The debt service funds receive revenues from the sources listed above and interest earnings. The following is a summary of revenues within the debt service funds: \ ,,-~ 1991 Actual 1992 through Proposed 1990 Budget Sept. 30th Budget Taxes $ 80,687 $ 94,855 $ 34,391 $ 390,449 Tax Increments 449,064 227,000 280,408 508,500 Special Assess. 3,166,992 1,783,651 1,739,718 1,667,570 Intergovernmental 326,058 224,400 147,341 254,797 Interest Earnings 891,528 496,536 367,557 581,650 Other 28,877 -0- 75,524 -0- Bond Proceeds 4,031,476 3,125,000 3,405,047 1,500,000 Transfers from Other Funds 751,706 37,630 1,994,951 37,630 Total $9,726,388 $5,989,072 $8,044,937 $4,940,596 While the 1990 actual amounts exceed budgeted amounts, it variety of factors, predicting in some lines significantly should be noted that due to a revenue amounts for these funds '. J 15 ,) is difficult. Since conservative estimates are used, it is not uncommon or considered troublesome that the budget estimates have differed from actual amounts. Transfers from other funds in 1990 consists of remaining monies in the 1988 Construction Fund and amounts from the Water and Sewer Trunk Funds. These amounts were transferred to the 1988 Debt Service Fund to help retire a portion of the $5,800,000 1988 Special Assessment Bonds which matured in 1991. Expenditures Debt service funds expend monies for the payment of principal, interest and related fees on the types of debt mentioned above. In addition, upon levying of special assessments, the portion of the assessment relating to administrative costs are transferred to other funds in accordance with City policy. The following is a summary of the expenditures within the debt service funds: 1991 Actual 1992 through proposed 1990 Budget Sept. 30th Budget '\ ,~) Bond Principal $9,399,400 $7,151,000 $7,039,000 $1,556,000 Bond Interest 1,896,680 1,578,235 1,394,433 1,462,958 other 141,359 -0- 62,176 -0- Fiscal Fees 93,769 15,000 7,638 12,090 Arbitrage Rebate -0- -0- 94,000 -0- Transfer to Other Funds 35,134 175,000 75,919 -0- Total $11,566,342 $8,919,235 $8,673,166 $3,031,048 Since bond principal and interest payments are fixed, there should be, and is, very little variation from budget. The amounts shown as other represent a variety of fees and costs, including costs of issuing new debt, defending special assessments against appeals. These costs, by their nature, can not be foreseen and budgeted. The large principal payments in 1990 and 1991 relate to two bond issues, each of which was in excess of $5,000,000, which matured each year. There are no such maturities scheduled for 1992, therefore, the large decrease in the budgeted amount. ') -'-_/ 16 ,) PERMANENT IMPROVEMENT REVOLVING FUND The Permanent Improvement Revolving Fund was established by the City Council in 1990 and is being budgeted for the first time in 1992. The fund is used to accumulate monies from bonds once they mature which will then be spent on either improvements or equipment acquisition. The monies in the fund are the result primarily of interest earnings in excess of bond rates which were earned on prepaid assessments and assessments remaining on four bond issues which were totally paid-off before their maturity In order to safeguard this fund from political forces, the City Council requires a 4/5ths majority to expend any monies from this fund. The 1992 budget is as follows: Revenue: Special Assessments Interest Earnings Total $119,000 55,000 $174,000 Expenditures: Equipment Acquisition $ 21,998 ~ ) The equipment being acquired through this fund is voting equipment and the replacement of minor fire equipment. WATER AND SEWER ENTERPRISE FUNDS As of the date of this letter, the City Council has not yet adopted preliminary or final budget for these funds which are wholly funded by user fees. TAX LEVY Minnesota State law governs the amounts and purposes the City can levy taxes. The tax levy set by consists of two components. The first, a general taxes levied to finance general operations which are for in the City's General Fund. The amount that can under this levy is limited by state law. for which the City levy, are accounted be levied The second component of the tax levy is the These taxes are levied to pay the principal bonded debt issued by the City. Under debt service levy. and interest on state law, debt \ ~) 17 .J exceeding a certain value must be approved by citizens through an election. Debt under this level, which is primarily equipment certificates of indebtedness, can be issued without voter approval. As mentioned earlier, the increases in taxes from year to year are limited by state law and voter approval. The following is a summary of the increases in the City's levy from 1991 to 1992: ~_J 1991 Certified Levy Increase from lost Local Government Aid Increase from first year of Fire Bond levy Decrease in other debt levies 1992 Proposed Levy Correction of Error Corrected 1992 Proposed Tax Levy General Levy $ 1,364,215 Debt Service Levy $ 119,855 Total $ 1,484,070 102,829 102,829 415,407 415,407 $ 1,467,044 (38,841) (26,816) $ 508,446 (26,816) $ 1,975,490 (38,841) $ 1,428,203 $ 508,446 $ 1,936,649 Each portion of the levy is decreased by state aids and fiscal disparity distributions to arrive at the portion of the tax . levy actually paid by property owners. After these reductions, the total levy to be paid by property owners, is $1,237,509. This amount represents a 64.5% increase over the 1991 amount. It should be stressed that the City's levy will account for approximately 16% of a properties total tax bill. Anoka County, School District U1 or US, and other minor governments account for the remaining 84% of the taxes to be paid by property owners. while the City of Andover is experiencing a larger than normal increase in 1992, its tax rate is still comparable to other neighboring cities. The following table shows the average tax '\ . ) .~ 18 <) ~~J '\ , ) -~ rates for 1991 and 1992 for cities neighboring Andover as well as those with similar populations and tax bases. City of Andover Neighboring Cities: Coon Rapids Ramsey Anoka Oak Grove Ham Lake 1991 Average Tax Rate 10.925% 1992 proposed Tax Rate 17.969% 15.589% 13.413% 18.388% 28.865% 11.025% 16.188% 15.144% 20.079% 28.292% 12.165% Similar Cities: Robbinsdale Champlin Hastings 16.472% 18.442% 27.779% 21.757% 20.512% Not available As was mentioned earlier, the City receives approximately 16% of each tax dollar paid. To give a better idea of total taxes, including County and school district levies, the estimated taxes and increase for residential homestead property for 1992 are shown below. It must be noted that since the tax rates are only estimates and subject to changes from property valuation changes and decreases in actual levies, final property tax amounts may differ from this table. Property Located in: Anoka-Hennepin st. Francis School District #11 School District #15 Estlmated Estimated Property 1992 Prop. Estimated 1992 Prop. Estimated Value Taxes Increase Taxes Increase $ 65,000 $ 705 $ 85 $ 718 $ 115 $ 70,000 759 72 774 106 $ 80,000 954 76 972 119 $ 90,000 1,171 103 1,193 154 $100,000 1,388 129 1,414 190 $110,000 1,605 155 1,635 249 $120,000 1,849 113 1,884 196 $130,000 2,120 97 2,160 194 $140,000 2,292 83 2,437 193 $150,000 2,663 68 2,713 191 $200,000 4,018 8 4,094 181 19 \J PROSPECTS FOR THE FUTURE Building Trends The City of Andover has been characterized by rapid growth in residential housing over the last several years. Despite a slow down in this trend, it is anticipated that the increase in new housing will continue and will be comparable to 1991. This increase in residents and streets will continue to put a strain on the operations of the city's General Fund. ~J Relationship with the State of Minnesota Recent history shows that the city is subject to the political decisions made at the State level. During both 1990 and 1991, the State Legislature and Governor have reduced aid to cities in mid-year without giving the city the opportunity to recoup this lost revenue. For 1992, aid was also reduced, however the City was allowed to increase taxes in this amount. The state has also attempted to keep property tax increases for 1992 below ten percent, by eliminating the growth and inflation factors that existed in the levy limits. The effect of this action was to in essence require a growing City like Andover to serve more people with no additional dollars. So what can be expected for 1992 and beyond? It is difficult to predict since the State has made decisions based on the their financial problems as well as political agendas. Under current law, levy limits on cities are scheduled to be repealed for taxes payable in 1993. However, it is very possible that not only will levy limits be reinstated, but they may include little or no growth as was done for 1992. In addition, further mid-year and future year aid changes are possible. Debt The City anticipates issuing new debt in 1992, however not to the extent of previous years. The City has a number of improvement projects which need to be funded. It is anticipated that in early 1992, the City will sell $1,500,000 of special assessment bonds. These bonds will be fully paid by special assessments levied against the benefitted properties. In addition, the City Council is contemplating selling equipment certificates in an amount that will result in no tax increase from the 1990 level. A final decision is expected on these certificates in late 1991 or early 1992. , ) ~--' 20 ,J GENERAL FUND REVENUES BY SOURCE 1991 Actual 1992 through Proposed 1990 Budget Sept. 30th Budget Taxes: Current $ 884,995 $1,026,643 $ 539,497 $1,074,214 Delinquent 26,260 46,000 39,431 39,500 Licenses & Permits Business 16,054 18,200 9,167 20,325 Non-Business: Building related 192,528 199,910 160,952 232,723 Other 4,211 5,600 5,142 6,250 Intergovernmental: Community Develop. Block Grant 66,919 -0- 58,987 47,723 Local Gov't Aid 102,657 45,455 19,513 38,841 Tax Credits 335,007 337,572 185,994 353,989 Other 112,139 209,172 129,838 203,773 Charges for Services: Street Lighting 54,521 51,500 27,070 56,900 Other 21,441 20,850 20,339 23,300 Court Fines 46,650 59,000 24,926 40,000 ~) Miscellaneous: Interest Earnings 28,147 30,000 9,344 54,600 Refunds/Reimb. 38,480 30,000 8,222 25,000 Other 3,433 4,300 4,114 4,100 Transfers from Other Funds 188,318 120,000 -0- 93,300 Total $2,121,760 $2,204,202 $1,242,537 $2,314,538 , , , -j 22 "J GENERAL FUND EXPENDITURES BY DEPARTMENT 1991 Actual 1992 through Proposed 1990 Budget Sept. 30th Budget Ci ty Counci 1 $ 27,614 $ 34,108 $ 27,803 $ 34,802 Newsletter 5,976 6,831 1,667 4,771 Mayor 4,232 4,200 3,423 4,521 Elections 10,117 2,829 13,586 Administration 102,887 105,171 78,630 104,359 Financial Admin. 100,574 102,891 74,077 93,278 Auditing 12,185 10,000 10,255 10,000 Assessing 28,707 31,500 33,621 38,289 Attorney 60,184 60,300 30,927 50,800 Planning & Zoning 55,399 50,702 36,907 52,649 Data Processing 18,556 19,095 17,536 21,248 Ci ty Hall Bldg. 32,714 35,833 29,275 44,663 Fire Stations 11,343 14,190 7,492 33,700 Public Works Bldg. 40,307 23,600 18,912 22,932 Senior Citizen's Center 6,976 9,635 4,889 8,456 Equipment Bldg. 5,039 3,593 833 3,077 Engineering 70,968 71,165 40,838 68,176 "J Police Protect. 394,768 404,078 201,642 411,737 Fire Protect. 197,880 231,597 128,076 263,750 Rescue Service 29,110 37,057 23,251 35,972 Protective Inspect. 122,622 127,530 92,577 126,797 Civil Defense 536 2,300 911 2,300 Animal Control 9,991 9,096 7,437 10,235 Street & Highways 144,566 213,788 119,668 182,588 Snow & Ice Removal 78,415 122,352 64,891 121,918 Storm Sewers 19,680 22,821 8,161 23,257 Street Lighting 13,445 15,000 9,280 14,450 Street Signs 28,417 31,606 18,376 31,637 Traffic Signals 5,134 3,000 4,753 10,680 Street Lights-Billed 37,069 38,000 27,086 42,264 Park & Recreation 261,456 219,897 158,356 229,428 Trees & Weed Control 9,488 9,476 4,372 9,668 Recycling 39,567 37,129 21,179 36,811 Economic Development 14,289 16,544 12,403 17,994 Unallocated 31,552 23,773 29,007 24,950 Contingency 43,544 56,072 other Financing Uses 98,037 12,800 31,746 52,723 Total $2,129,800 $2,204,202 $1,383,086 $2,314,538 :~) 23