City of Lino Lakes Public Hearing on Proposed 2010 Operating Budget and Property Tax Levy December 14, 2009

City of Lino Lakes Proposed Tax Levy in 2010 City of Lino Lakes levy: –General Levy for Operations –Special Levies for Debt Service, Abatement payments and PERA –$634,071 below 2010 State-imposed limit –$548,924 below 2009 Levy –Does not recover State Aid cuts –Lowers City property taxes on all properties City of Lino Lakes Tax Base contracted 6% for 2010

City of Lino Lakes Proposed City Tax Levy Adopted Preliminary Levy$8,695,414 MVHC – direct to Taxpayer ( 241,000) Levy received by City$8,454,414 MVHC to city from State -0- Levy for MVHC -0- Total Revenue to City$8,454,414

City of Lino Lakes Change in City Tax Levy

City of Lino Lakes Change in Tax Rates

City of Lino Lakes 2010 Property Tax Distribution

City of Lino Lakes Property Tax Distribution

City of Lino Lakes Property Tax Computation 2009 Market Value - $250,000 Tax Capacity $2,500 City Tax Rate x City Tax $ Market Value - $250,000 Tax Capacity $2,500 City Tax Rate x City Tax $945 (2.4%)

City of Lino Lakes Property Tax Computation 2009 Market Value - $250,000 Tax Capacity $2,500 City Tax Rate x City Tax $ % decrease in value Market Value - $235,000 Tax Capacity $2,350 City Tax Rate x City Tax $888 (8.2%)

City of Lino Lakes Total Property Tax on Homestead Property

City of Lino Lakes City Tax Rate Ranking in Anoka County th out of 21 cities/townships th out of 21 cities/townships th out of 21 cities/townships th out of 21 cities/townships 2010 – 11th out of 21 cities/townships

City of Lino Lakes Proposed 2010 General Operating Budget

February - May - City Council establishes budget priorities and objectives at Goal Setting work session June/July - Departmental budgets are prepared August 6 – Sept 14 - Council reviews proposed budget September 14 - Council approves preliminary Tax Levy and Budget & sets public hearing date September 15 - Preliminary Tax Levy, Budget & public hearing dates certified to County Auditor City of Lino Lakes Budget Preparation Calendar

Mid-November - County mails notice of proposed property tax December 14 - Council holds public hearing on proposed 2010 Budget and Tax Levy and adopts the final 2010 Budget and Tax Levy By December 28 - City certifies final 2010 Tax Levy and Budget to County Auditor

City of Lino Lakes Major Factors in 2010 City of Lino Lakes budget includes: –Reduction of 5 FTE Positions –Wage freeze for all city employees –Unpaid Furloughs for employees in City Hall and Pubic Services & wage reduction for elected officials –Public Safety Grant to maintain police levels –Amounts for capital needs - capital equipment, office equipment, computers, etc. –Amounts for street maintenance and Storm Drainage maintenance projects –Contingency for unknowns

City of Lino Lakes General Fund Budget

City of Lino Lakes Proposed 2010 Revenues City of Lino Lakes Proposed 2010 Revenues %Chg

City of Lino Lakes Proposed 2010 Revenues

City of Lino Lakes Proposed 2010 Expenditures City of Lino Lakes Proposed 2010 Expenditures % Chg

City of Lino Lakes Proposed 2010 Expenditures

City of Lino Lakes Proposed 2010 Water Budget Debt service increased slightly from 2009 Water rates unchanged

City of Lino Lakes Proposed 2010 Sewer Budget Increase in treatment costs due to increased flow Replace Control Panel on Lift Station 53 Sewer rates unchanged

City of Lino Lakes A Value in City Services

City of Lino Lakes Public Hearing on Proposed 2010 Operating Budget and Property Tax Levy Thank you for attending. December 14, 2009