Public Hearing Presentation November 28, 2016 Johanna Berg Deputy - PowerPoint PPT Presentation

2017 Budget & Tax Proposal Public Hearing Presentation November 28, 2016 Johanna Berg Deputy County Manager Information and Public Records

Presentation agenda Presentation agenda • 2017 Budget overview • Ramsey County property trends • Your property tax statement • Refund programs 2

Ramsey County Goals Our budgets support our goals Strengthen individual, family and community health, safety and well-being through effective safety-net services, innovative programming, prevention and early intervention, and environmental stewardship. Cultivate economic prosperity and invest in neighborhoods with concentrated financial poverty through proactive leadership and inclusive initiatives that engage all communities in decisions about our future. Enhance access to opportunity and mobility for all residents and businesses through connections to education, employment and economic development throughout our region. Model fiscal accountability, transparency and strategic investments through professional operations and financial management. 3

2017 Budget overview Budget overview: timeline • Mar. 12 - Property value notices mailed • Aug. 2 - County Mgr.’s proposed budget • Aug. + Sept. - Department hearings • Sept. 13 - Budget Public Hearing #1 • Sept. 20 - Maximum levy set • Mid-Nov. - Proposed statements mailed • Nov. 28 - Budget Public Hearing #2 We are here • Dec. 13 - Board votes on 2017 budget 4

2017 Budget overview The 2017 budget bottom line • $662.2 million total • Total budget increase over 2016: $17.2 million (2.7%) • Levy increase over 2016: $8.1 million (2.8%) • Second year of two-year budget 5

2017 Budget overview: Revenues Where the county dollar comes from Proposed 2017 budget - $662,233,434 Other revenue Use of money, and taxes property and sales $17,709,816 $30,765,944 3% 5% Charges for service, fines $132,418,328 Property taxes 20% $286,901,636 43% Intergovernmental revenue $185,838,325 28% Fund balance $8,599,385 1% 6

2017 budget overview: Expenses Where the county dollar goes Proposed 2017 budget - $662,233,434 Information and Administration, General Purposes Public Records $52,614,761 $44,899,179 8% 7% Economic Growth Health and and Community Wellness Investment $341,884,153 $97,258,917 51% 15% Safety and Justice $125,576,424 19% 7

2017 Budget overview 2017 Budget highlights • Child protection and child support expanded in County Attorney’s Office • Timely implementation of MnChoices program clinic assessments • Shoreview Library opens; expanded hours • Cost-sharing for development of Battle Creek Winter Recreation Area 8

Ramsey County property trends Property trends: basic overview • Taxes are tied to property values • Assessed values are driven by the real estate market • Commercial tax rates are higher Photo courtesy of Pioneer Press than residential tax rates • Commercial, residential and apartment values are increasing across the county 9

Sample property tax statement Reading your statement Value increase of $9,700 (6.4%) 10 10

Sample property tax statement Sample statement (continued) County increase of $17.92 (2.6%) Total increase of $103.80 (4.9%) 11 11

Ramsey County property trends Impact of value and tax changes Median Estimated Market Value Ramsey County Property Tax impact Location / Type 2016 2017 $ change % change 2016 2017 est. $ change % change Saint Paul Single Family Home $151,500 $161,200 $9,700 6.4% $690 $708 $18 2.6% Saint Paul Commercial $372,150 $397,100 $24,950 6.7% $2,565 $2,570 $5 0.2% Suburban Single Family Home $213,200 $221,800 $8,600 4.0% $1,149 $1,144 ($5) (0.4%) Suburban Commercial $733,200 $772,200 $39,000 5.3% $5,456 $5,518 $62 1.1% Appraisers are available to discuss the valuation process Tonight: This week: Appraisers can research property-specific concerns and contact you 2018 values: Appraisers must be allowed inside a property for valuations appeals 12 12

Special property tax programs Special property tax programs • Property Tax Refund Contact • Processed by MN Department of Revenue 651-296-4444 • Own and occupy property on Jan. 2, 2017 www.revenue.state.mn.us • Type 1 : Total household income < $108,660 • Other income-based thresholds may apply Form M1PR • Type 2 : Property tax increase of >12% + >$100 • Senior Citizen Deferral • 65 or older • Household income of < $60,000 • Lived in home for at least 15 years 13 13

Begin Public Hearing 14 14