1. 2017 Preliminary Levy & Budget

2. Strategic Objectives Ensure position of fiscal responsibility
Preserve standards of excellence
Encourage innovative & creative thinking

3. Long-Term Operating Financial Trends

4. 2017 City Operating Budget
Customer service for intense transportation corridor projects
Technology
Fire services

5. 2017 Levy (000’s) 2016 2017 Change Taxes, current services $34,114
$34,789
2.0% 
New initiatives
329
0.9% 
Capital program increase
349
1.0%
Subtotal
3.9% 
Voter-approved debt incr
269
0.8%
Ridgedale tax abate incr 55
0.2%
Total
$35,791
4.9%
EDA HRA levy
$175 -

6. Preliminary Levy Increases
New initiatives
Capital program
Required levies
Basic current services
* Includes: Apple Valley, Bloomington, Brooklyn Park, Burnsville, Eagan, Eden Prairie, Edina, Lakeville, Maple Grove, Plymouth, St. Louis Park, and Woodbury.

7. 2017 Preliminary Levy Limits levy to an increase of no more than 4.9%
Taxes for median-value home to increase an estimated $4.34 per month
Average of comparable cities
Ensures position of fiscal responsibility, preserves standards, and encourages innovation