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The original item was published from 12/7/2016 10:45:47 AM to 12/22/2016 12:00:01 AM.

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Posted on: December 7, 2016

[ARCHIVED] City Council Adopts Balanced Budget for 2017

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The Roseville City Council has adopted a balanced 2017 Fiscal Year budget that goes into effect on January 1. The new budget totals $51,963,685 and represents a decrease of $148,935 compared to the city’s 2016 budget.

Roseville’s 2017 budget was approved on a 3-2 vote of the Council on Monday, December 5. It plans for $29,270,290 of spending on tax-supported programs, an increase of $524,800 or 1.8 percent, with a reduction in non-tax supported spending to $22,693,395. To support the new budget, the City Council approved raising the tax levy by 3 percent to $19,513,060, an increase of $568,340.

The impact of the new levy on homeowners will vary depending on a property’s value and its change in value relative to other properties in the City. Based on an expected property value increases of 4.8 percent, the citywide average, the median Roseville home valued at $226,800 can expect to pay approximately $73.34 per month at the new rate, an increase of approximately $2.20 monthly.

The City Council also adopted a tax levy of $356,585 to support the Roseville Economic Development Authority (EDA). The estimated tax impact on the median-valued home will be approximately $1.51 per month.

“In a community survey conducted in April, more than 90 percent of Roseville residents rated City services at excellent or good,” City Manager Patrick Trudgeon said. “The priority of the budget process was to continue to meet that expectation of quality and value and produce a budget that aligns with the vision and mission of the City of Roseville in a cost effective manner.”

With the new property tax levy, the City’s share of 2017 total residential property taxes will be 27 cents out of every tax dollar paid for Roseville School District homes and 26 cents out of every tax dollar paid for homes located in the Mounds View School District. The remaining amount of a property owners tax bill goes to the county, school district and other taxing districts.

Constructing the City’s 2017 budget began in May with the development of organizational priorities. A recommended budget was forwarded to the City Council in July and in September the Council approved a preliminary property tax levy. In all, budget-specific discussions were held at nine City Council meetings and several Finance Commission meetings during the year, providing residents with additional information as well as opportunities to share their thoughts on the budget.

For more on the City’s budget process please visit www.cityofroseville.com/budgetinformation.

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