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HomeMy WebLinkAbout2011 12-05 CCM Budget Hearing MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA 2012 BUDGET HEARING DECEMBER 5, 2011 CITY HALL — COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center City Council met for the 2012 Budget Hearing and the meeting was called to order by Mayor Tim Willson at 7:00 p.m. 2. ROLL CALL Mayor Tim Willson and Councilmembers Carol Kleven, Kay Lasman, and Dan Ryan. Also present were City Manager Curt Boganey, Fiscal and Support Services Director Dan Jordet, and Deputy City Clerk Maria Rosenbaum. 3. PRESENTATION ON 2012 PROPOSED BUDGETS City Manager Curt Boganey outlined the Budget process, the City Council Goals, Budget Priorities, 2012 Proposed City Levies, General Fund overview, Revenues by Source, General Fund Expenditures by Function, and shared some highlights from the 2012 General Fund. He informed that the Truth in Taxation Legislation requires cities to hold a public meeting at which the general public is allowed to comment on the proposed budget and property tax levy prior to adopting the final budget and property tax levy. Fiscal and Support Services Director Dan Jordet discussed the Utility Funds, customer charges summary, Capital Improvement Projects, property tax changes, property valuations, Market Value Homestead Credits (MVHC), Homestead Market Value Exclusion (HMVE), tax changes for property owners, and outlined the following utility rate increases: Water Utility 8.00 percent or $1.51 basis for charge /1,000 gallon Sewer Utility 3.00 percent or $22.59 monthly residential fee Storm Drainage 0 percent or $14.48 quarterly residential fee Street Light 25.32 percent ($1.00 per quarter) or $4.95 quarterly residential fee Recycling 0 percent or $8.43 quarterly residential fee 4. PRESENTATION ON PROPOSED PROPERTY TAXES PAYABLE IN 2012 Fiscal and Support Services Director Jordet discussed changes in the relative portion of property to total property value in Brooklyn Center. 12/05/11 -1- After eliminating the MVHC tax relief assistance program, the 2011 State Legislature created a HMVE Program. The HMVE is to provide relief to homeowner occupied residential properties by adjusting the taxable market value in lieu of a direct credit based in property value. The median residential value for 2012 is $133,800. This is a decrease of 2.62 percent below the 2011 median. Of the 7,305 taxable properties in Brooklyn Center, 5,239 or approximately 71.72 percent will see lower overall property taxes in 2012 according to data assembled by Hennepin County. The other 28.28 percent will see increases ranging from 0.1 percent over the 2011 amount to more than 20.0 percent. About 1.14 percent of properties will see an increase of 10.0 percent or greater. There was discussion regarding Estimated Market Value (EMV) and Taxable Market Value (TMV) formulas used to create the City taxes with HMVE. It was noted this is complicated due to the fact that the formulas were based on dollar credits but are now based on value assessed differently due to the new Legislation. If residents would like to further understand their values with the HMVE they can contact the Finance Department. 5. OPPORTUNITY FOR PUBLIC COMMENT AND QUESTIONS There was no one who wished to address the Council. 7. REVIEW REMAINING ACTIONS FOR ADOPTION City Manager Boganey discussed that the City Council will consider a proposed property tax levy in the amount of $14,218,823 at the December 12, 2011, City Council meeting. Also on December 12, 2011, the City Council will consider a resolution adopting the 2012 Employee Pay Plan, and resolutions adopting all budgets for 2012 City operations. The property tax levy will be certified to the Hennepin County Treasurer before December 28, 2011. 8. ADJOURN Councilmember Lasman moved and Councilmember Ryan seconded adjournment of the 2012 Budget Hearing at 8:17 p.m. Motion passed unanimously. 12/05/11 -2- STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn Center, Minnesota, certifies: 1. That attached hereto is a full, true, and complete transcript of the minutes of the Special Session of the City of Brooklyn Center held on December 5, 2011. 2. That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall. 3. That the City Council adopted said minutes at its January 9, 2012, Regular Session. r City Clerk Mayor 12/05/11 -3-