Citizens league & City of Edina budget workshop 2011
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The document summarizes information presented at a citizen workshop on the City of Edina's budget. Residents were asked to provide input to help guide budget decisions and priorities for funding levels and sources for various city amenities and services. Discussion questions addressed uses of surplus funds, appropriate subsidies for parks and recreation facilities, and opinions on property tax levels.
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Citizens league & City of Edina budget workshop 2011
- 1. Welcome! City of Edina 2011 Citizen Budget Workshops
- 10. Budget Overview
- 11. On a typical property tax statement, 21% of the taxes collected go to the City of Edina
- 12. The total 2011 City budget is $91 million General fund Other “general government” Enterprise funds
- 13. Enterprise funds total $36 million in spending
- 14. The general fund totals $29 million in spending
- 15. Most property tax dollars are used to support the general fund
- 16. A home valued at $300,000 pays these amounts for services in 2011… $95 $176 $275 $108 $98 $20
- 25. Usage of City Amenities % HHs using Aquatic Center 39% Braemar Golf Course 36% Braemar Ice Arena 30% Centennial Lakes/Edinborough Parks 69/48% Edina Art Center 33% Edina Liquor 72%
- 26. Operating Income of City Amenities
- 27. 2010 Operating Income of City Amenities
- 28. Capital Improvement Plan and Sources self-funded funded from other sources
- 38. Property Taxes
- 39. For 2012, the proposed property tax levy will increase by $462,000 or 1.8%
- 40. Adjusted for inflation, a $300,000 home in 2012 will pay about the same taxes as in 2005
- 41. Property Taxes Tax Rates: $300,000 Home in 2010 City Taxes Total Taxes Minneapolis $1,827 $4,273 Hopkins $1,470 $4,053 Bloomington $1,143 $3,726 St. Louis Park $1,113 $3,719 Minnetonka $ 964 $3,571 Eden Prairie $ 908 $3,614 Edina $ 707 $3,310
- 42. In 2008, Edina ranked 94 th among 117 metro area cities in residential property tax rate (1=highest) Total City portion Minneapolis 10 th 1st Richfield 36th 31st St. Louis Park 45th 48th Minnetonka 55th 72nd Wayzata 60th 90th Edina 64th 94th
- 52. Thank You! For workshop summaries and the opportunity for more input and questions go to: edinacitizenengagement.org Public hearing: December 6
Editor's Notes
- There are two main pieces to the budget—general fund and enterprise funds. Enterprise funds are special purpose funds where the revenues are typically user fees– we’ll talk a lot about this tonight. General funds can be used for any purpose. Property taxes go to the general fund Other general revenues include special assessments, license fees,
- These make Edina’s budget unique, and in a very good position moving forward
- The tax levy discussed earlier assumes this plan?
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- Participants will be asked to identify what changes they’d like on the participant worksheet.
- The tax levy discussed earlier assumes this plan?
- 2008 last year data comparison are readily available