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

2 Presentation agenda

Presentation agenda

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

3 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

• ur 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.

4 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
• Dec. 13 - Board votes on 2017 budget

We are here

5 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

6 2017 Budget overview: Revenues

Property taxes $286,901,636 43% Fund balance $8,599,385 1% Intergovernmental revenue $185,838,325 28% Charges for service, fines $132,418,328 20% Use of money, property and sales $30,765,944 5% Other revenue and taxes $17,709,816 3%

Where the county dollar comes from

Proposed 2017 budget - $662,233,434

7 2017 budget overview: Expenses

Where the county dollar goes

Proposed 2017 budget - $662,233,434

Health and Wellness $341,884,153 51% Safety and Justice $125,576,424 19% Information and Public Records $44,899,179 7% Administration, General Purposes $52,614,761 8% Economic Growth and Community Investment $97,258,917 15%

8 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

Ramsey County property trends 9

Property trends: basic overview

• Taxes are tied to property values
• Assessed values are driven by

the real estate market

• Commercial tax rates are higher

than residential tax rates

• Commercial, residential and

apartment values are increasing across the county

Photo courtesy of Pioneer Press

10 10 Sample property tax statement

Reading your statement Value increase of $9,700 (6.4%)

11 11 Sample property tax statement

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

12 12 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%

Tonight: Appraisers are available to discuss the valuation process This week: Appraisers can research property-specific concerns and contact you 2018 values: Appraisers must be allowed inside a property for valuations appeals

13 13 Special property tax programs

Special property tax programs

• Property Tax Refund
• Processed by MN Department of Revenue
• Own and occupy property on Jan. 2, 2017
• Type 1: Total household income < $108,660
• Other income-based thresholds may apply
• 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

Contact 651-296-4444 www.revenue.state.mn.us Form M1PR

14 14

Begin Public Hearing