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Dodge County 2018 Presentation for Budget Certification Public - - PowerPoint PPT Presentation
Dodge County 2018 Presentation for Budget Certification Public - - PowerPoint PPT Presentation
Dodge County 2018 Presentation for Budget Certification Public Hearing Tuesday, December 26, 2017 Minnesota Property Tax 101 Video Dodge County Officials Board Chair Rod Peterson Commissioner Rhonda Toquam Commissioner David Kenworthy
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Dodge County Officials
Board Chair Rod Peterson Commissioner Rhonda Toquam Commissioner David Kenworthy Commissioner John Allen Commissioner Tim Tjosaas Finance Director Lisa Kramer Administrator Jim Elmquist
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Purpose of the Public Hearing
1.
Explain the 2018 proposed budget and tax levy
2.
Examine factors impacting the budget
3.
Provide you with an opportunity to ask questions on the 2018 proposed budget and tax levy
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Assessed Property Values
1.
Meeting is not a discussion on the valuation of your home.
2.
Valuation process occurs in the spring and summer at local boards of review for the year’s budget.
3.
Market values shown on your TNT notices are final and not subject of the hearing tonight.
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Dodge County Budget History Total Budget to Levy
$24,460,839 $25,362,267 $22,690,147 $23,812,623 $24,338,510 $27,276,685
$10,765,634 $11,034,775 $12,027,561 $12,694,159 $13,111,277 $13,598,921
$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 2013 2014 2015 2016 2017 2018
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2018 Preliminary Certified Budget
Budget Tax Levy Preliminary (September 26th) $27,518,581 $14,022,817 7%
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Preliminary/Certified Tax Levy
Under state law, once the County Board has set the preliminary tax levy by September 30th, the levy cannot increase from that amount when certified in December.
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2018 Budget by Fund
Fund 2017 2018 % Change Revenue $12,027,862 $12,413,553 3.2% EDA/HRA $29,150 $30,200 3.6% EQ $2,073,145 $2,089,736 0.8% Highway $6,506,758 $8,790,350 35.7% Human Services $2,540,110 2,795,836 10.1% G.O. Debt $1,161,485 $1,157,010
- 0.4%
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What Do Your Tax Dollars Provide?
Revenue 60.0% Highway 11.2% Human Services 18.8% Debt 8.0% EQ 2.0%
Revenue County Board Building Operations Sheriff Veteran Services Court Admin. Public Health Land Records Extension Drug Court Emergency Op. Finance Employee Relations Elections Coroner Attorney Administrator Feedlot Planning I.T. DFO
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Gross/Net Tax Levy Determination
2017 2018 Budget $24,338,510 $27,276,685 Revenues (-) $10,010,487 $12,542,377
Fund Balance (-)
Gross Levy ($504,581) $13,823,442 ($336,614) $14,397,694 CPA (-) ($712,165) ($798,773) Net Levy $13,111,277 3.3% $13,598,921 3.7%
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Why is the Tax Levy Increasing?
1.
Road and Bridge levy increased to fund more projects
2.
Less use of fund balance along with a 2% levy increase to Human Services
3.
Capital expenses of $407,123
4.
COLA increase of 2.75% for all employees along with health insurance cost increase.
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Influencing the Levy
The County is using $336,614 in fund balance to reduce the levy. The two largest uses are: Revenue - $236,614 (Mostly bond building projects) Human Services - $100,000
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Tax Capacity
Tax Capacity: The total valuation of property based on market value and class rates, on which property taxes are determined.
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5 10 15 20 25 30 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Tax Capacity In Millions
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Tax Capacity Tax Rate
County’s overall net levy divided by net tax capacity equals the County’s tax capacity tax rate.
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10 20 30 40 50 60 2010 2011 2012 2013 2014 2015 2016 2017 2018
Tax Capacity Tax Rate
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County Program Aid (CPA)
200 400 600 800 1000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018