Loading...
HomeMy WebLinkAbout06.26.06 Work Session Packet City of Farmington 325 Oak Street Farmington, MN 55024 Mission Statement Through teamwork and cooperation, the City of Farmington provides quality services that preserve our proud past and foster a promising future. AGENDA CITY COUNCIL WORKSHOP JUNE 26, 2006 5:30 P.M. CITY COUNCIL CHAMBERS Mayor Soderberg Councilmember McKnight Councilmember Fogarty Councilmember Pritzlaff Councilmember Wilson 1. CALL TO ORDER 2. APPROVE AGENDA 3. 2007 BUDGET GOALS 4. ECONOMIC DEVELOPMENT UPDATE 5. ADJOURN PUBLIC INFORMATION STATEMENT Council workshops are conducted as an informal work session, all discussions shall be considered fact-finding, hypothetical and unofficial critical thinking exercises, which do not reflect an official public position. Council work session outcomes should not be construed by the attending public and/or reporting media as the articulation of a formal City policy position. Only official Council action normally taken at a regularly scheduled Council meeting should be considered as a formal expression of the City's position on any given matter. City of Farmington 325 Oak Street, Farmington, MN 55024 (651) 463-7111 Fax (651) 463-2591 www.ci.farmington.mn.us TO: City Council FROM: Peter Herlofsky SUBJECT: 2007 Budget DATE: June 22, 2006 In order to provide some assistance in discussing the budget, I am attaching the following documents: 1. Property Tax Levy (2001 - 2007) 2. Computation of Tax Capacity Rate 3. Real Estate & Personal Properties 4. Financial Per Forma Assumptions (1998 - 2012) 5. Tax capacity rates for 2006. We hope that the discussion will generate objectives from the City Council of what you want to accomplish and also some guidelines for adjusting the tax levy. Peter Herlofsky CMullerlHerlofsky/Council Memos/2007 Budget Workshop Memo M LO LO 0 0 0 M M M N N I'- 0 0 0 N N 00 ~ I'- N 0 0 0 ~ ~ <D "C ri r-: r-: .0 0 0 ct5 ct5 N Q) ~ 00 0) 00 00 LO LO <D <D N I;: 0 N. M LO ~ 0 0 '" 1:: 0 N N cD Q) N () ~ C;; I'- 0 I'- 0 00 00 0 M 0 M 0 N N V M '" 0 '" 0 M M N. -.i cD 0 cD .0 cD cD ~ "C <D V <D 0 LO N N V Q) N 0). I'- N O. 0 0 N I;: 0 ri ri cD 1:: 0 Q) N () ~ I'- 0 0 0 0 I'- I'- <D N 0 0 0 0 N N 00 ~ LO 0 LO 0 <D <D LO r-: -.i 0 -.i .0 cD cD r-: "C '" V c:; LO LO 0 0 0) Q) M V I'- q <D <D <D I;: 0 N ri ri r-: 1:: 0 Q) N () ~ V 0 0 0 0 V V N N ;2; 0 V 0 <D <D LO I'- 0 00 0 LO LO 0 N -.i 0 -.i .0 N N ct5 "C '" V <D 0 LO LO LO N Q) V I'- I'- M ~ '" '" LO I;: 0 N ri ri ci 1:: 0 Q) N () ~ I'- '" 0 '" 0 <D <D ~ 0 0 0 0 0 CO CO I'- 00 0 0 0 0 N. -.i .0 -.i ci 0 ri ri N "C 0 00 c:; '" <D I'- I'- Q) LO I'- O. ~ ~ 00. I;: 0 -.i .0 .0 ~ CIS 1:: 0 ~ - Q) N 0 () I/) G) C ~ C <Ii == I'- M 0 M 0 0 0 0 ~ Q) M 0 0 0 0 0 V V ;n Cij 0) I'- M 0 0 LO V v E 0 cD ct5 .0 .0 N ri ri ci ~ "C V I'- ; '" I'- <D I'- I'- V Q) V I'- ~ ~ 00 00 LO Q) <D -.i .0 .0 ri 'E I;: 0 1:: 0 ~ Q) Q) N E () l!! 0 ..5 ~ X III I- M I'- 0 I'- 0 0 0 <D "C 0) <D 0 <D 0 <D <D 00 C LO '" I'- <D 0 N N M III ~ "C ct5 cD ci cD .0 0 0 .0 If) CJ Q) I'- ;; LO 0) LO <D V V 00 ~ If) M. V ~ LO LO LO 0 0 -.i cD cD cD .;:: a. 0 III e N ~ a. If) 0.. is ~ ~ If) u::: Cl .S '0 ::l '0 Q) '0 >. Q) .a ::l "C ro Q) > C ~ z.. .~ If) .13 Q) If) Q) .s >. III a; >. a. III Q) a. "C > "C e 0 0 > III Q) C I;: .~ Q) () Q) ..J ::l 0.. 1:: ..J ::l lL Q) '0 >. x ro "C z.. Q) en > ~ ~ > C Q) () Q) Q) ::l 0 C3 'E ::c "e- ..J '0 lL '~ lJJ '0 Q) <D iil Q) >. z.. ..J Q) ~ Q) Q) Cl 0.. > iil iil 0 c E C3 en 'm Ei Q) ..J ::l ::l 0 Q) a. Ei ..J ~ :c ~ c ::c Cl ':; '5. l!! ro :c <l: M Q) Q) <l: Cf' 0 III '0 0 f ~ (!) Cl w t- () u::: l- I- <D It) ,.... '" '" """ 0 0 """ """ ~ 0 """ CD 0 CD """ '" ,.... ex:> ex:> N ~ It) """ CD N It) ,.... ex:> ex:> '" ~ M """ "" ,.: N ex:> It) 06 It) ~I "" 0 0 '" ~ ex:> '" '" ci CD """ """ ex:> ex:> ex:> ex:> "" N ,.: It) 06 .,. .,. .,. 0 CD "" CD ex:> It) "" "" ~ 0 0 ~. CD N ,.... It) "" ex:> ex:> It) 0 """ ~ O. "" 0 CD CD ,.... ~I M <0 "" ex:> C; M It) N N ex:> "" 0 CD ex:> '" N N 0; '" """ """ 0 It) """ 0 '" '" N N N as CD <0 .,. .,. .,. CD ex:> ex:> N It) CD 0 0 ~ 0 ex:> N It) N """ """ '" 0 CD "" '" ~ It) N N_ ex:> ,.: ci CD ai 06 "" ~ ~ """ ~I 0 ex:> N "" 0 '" cO CD It) 0 It) "" '" N N """ M "" ,....- CD <0 .,. .,. .,. 0 "" ,.... CD 0 0 CD CD ?ft. ,.... """ N ,.... '" 0 ex:> ex:> """ It) '" CD It) It) """ It) It) It) N- 06 CD ..; N """ ,.... ,.: ex:> ~I """ "" 0 It) It) 0 '" '" <Ci '" CD CD N "" '" CD CD """ ..; "" ai ,.... ,.: .,. .,. .,. '" ex:> """ '" 0 0 '" '" ?ft. 0 "" CD '" ex:> CD It) It) ;;Ii "" ,.... It) ,.... CD 0 0 0 ai <0 '" M ci It) ex:> as ex:> ~I """ '" It) It) """ ex:> '" '" ~ CD CD '" "". """ "" It) It) ~ ..; "" ~ '" ai ~ .,. .,. .,. N CD CD '" ,.... """ r::: r::: ?ft. 0 ex:> ro '" "" ex:> 0 "" """ CD """ '" N N. ,.... ~I ai 06 "" as N """ N N CD ,.... """ ,.... ,.... It) """ '" M ex:> CD CD """ "" ex:> c.q 06 It) M ;:: ;:: """ ~ .,. .,. .,. """ """ 0 '" CD '" ~ 0 0 CD """ ,.... ~ "" L;; L;; 0 '" ,.... """ ex:> '" ex:> as """- "" <0 M """ '" ai ;;Ii ~I CD '" ,.... "" ex:> 0 """ """ CD ,.... ex:> CD """ CD It) It) M <0 06 06 "" M """ S III .,. .,. .,. 0:: ~ """ """ 0 '" CD 0 CD CD 'j:; '" CD CD '" "" 0 ex:> ex:> 0 ,.... '" It) 0 "" "" III 06 ..; 0 as M 0 It) 06 Cl. ~I "" '" :?'; CD ex:> 0 ex:> ex:> III "" ,.... CD """ CD It) It) (.) ,.: CD ,.: CD <0 >< ~ ~ ~ III I- .,. .,. .,. .... 0 ~ € € c 0 ;; .l!! ti ::::s .'" Cl. ~ 1ii 0 '0 E '" "" W- 0 "" i= (.) """ c 0; ,., 0 "" 1: 0, ::l C Q) 0 '~ ro c: () '" 0 -5 CIl Q) c:: 'in W- :;::; ~ '5 :>< 1ii .~ i5 CIl CIl "0 X C w c. CIl 0:; '0 '" c. ~ c i5 CIl a. c .Q ,., <0 U Q) 'C 0 'S 13 .c 0 ~ 1: X Q) M .0 c a. .!!l 'C UJ Q) CIl Q) e ~ (jj i.i: E l- =:; 0.. N 1: >- Q) '0 1l > i5 .9 2! ,., .!!1 c ';: 1: "' Q) UJ '6 Q) C <..l "E ::l CIl '0 "C Q) 2! tl ::l 0 .!: Q; .$ 0 G .9 ro () Q) t U .!!1 :g X CIl Q) (jj CIl 0 > CIl Qi 0:: CIl >- ::l Q) C. ~ ~ .0 I- "C ~ 0 Cl '0 ::l UJ U 'C :>< .... '0 <0 0- i5 "0 1: .9 .9 "0 CIl ...J .9 c 0 Q) 0 2! CIl 8 CIl 0 ~ 0 13 <( >- c. C "C a. .9 N ~ C U > CIl ::l Q) CIl '0 '" 13 UJ () Ol ~ 0 UJ <C Q) U ~ ::l c Q) ~ 0, i.i: :c ...J X x '0 ~ w 0 1: ~ c c UJ CIl ...J <C is .... w .~ UJ UJ c;; I- ::l u ~ 0 ::l ::l UJ UJ .... 0 en ::l 0 4 w N C c Qi UJ UJ E 0 :> CIl :E :E 0- Q) Q) 0 ~ !2: w u.. UJ Z ...J ...J <C N 0:: t \D lO o ri I I" '<l' N I o o 00 fill tlri ~~ 1Zl0 .fIlO )t!) ~ , :zo I HIJ) fIlPl fIl'<l' IZlI fIlri :!:g fIl IZl H E-I tl~ OPl PlO ~m ~~~~ :ZOHZE-I P E-t5 0 t!) 8 ~~ ..c~re~ g~~: Q~ ri UIZl E-t ~~ ~fIl pi ~ E-I ~ ~ e :! 1M ~ H ~ H ~H I" o 00 ~~ e a I I I ~ 000000000000 000000000000 \Dri'<l'riNPllONN\D\D\D 0< IZl ri' M .ri ~ '<l" al' ~ ~ ~ ~ \D' ~ QP\DOlOlJ)lO\Dri'<l''<l'alalal ~~~~~I",O,~'<l'~~~al,~ llII!>lOOONPI\D 00000000 IZl ri\DNri N '<l''<l' l'zoE-110 \D\D ~ ~ ri' riri O\DOI"OOOPlPl\D\D\D '<l'1"0 PllOlOOOO I"l"lO PlPIPI\D\D\D ~U PI~ IZlU ~~ fIl lO'<l'PI NOlO ri'<l'N ri IJ)NNIJ)IJ)IJ) alall"l" I" I"l"ririri riri lJ)'<l'lOOlOOONNOOO alPllO 0 alal alOri 0 riri E-I ' UfIllJ)riN ri PI PI PlZOON PI PI UO'<l'ri lOlO U ~E 000000000000 000 0 00 rialPl lO 0000 IZlE-lNriO 0 '<l''<l' ~fIllJ)\Dri 0 lOlO ~ZNOri ri lOlO o ' , , UOlOri \D\D '<l' '<l''<l' ~E NCXll"al'<l'Plri'<l''<l'OOO o ril"N CXlPl '<l''<l'ririri :zo Nri lOlO PI ' ~~I" E-IPI o E-I 1"1" NOOOPlOOlOlOOOO o ri riri I" 1"1" Q , ~~lO \D o o N " PI N " N o l'zo o lOlO NlOOl"alPlO\D\D\D\D\D lOCXlI"ON'<l'PlririOOO \Dl"l"lOriI"Plalal\D\D\D ~ U ~ 1'" .; M 1'" ri' rD ~ al' rD rD rD E-IPI~'<l'NOlONN CXlCXlI"I"I" U Nri'<l'NriPl '<l''<l'ririri ~ >< .ri ...l 1'" 1'" 01( ri riri OE-l H 000000000000 000000000000 Ori'<l'ririPllOlOlO\D\D\D IZl NPllO\DOal\DNN\D\D\D IZlP lOOlOCXlririri'<l''<l'alalal H~ riPlall"alO'<l'lOlOalalal ~ !> ~ \D' ~ ~ N' '<l" ~ '<l" .; rD CXl' CXl' ~ri\DNririN lOlO E-I lO \D\D E-I 10: ' , , ~ ri riri :!lfllNNNNNNNN UHalalalalalalalal fIlQriririririririri t!)fIl~~~ ~~~ UlUl:ZOUllIIlM Ill; PHlZlllllE-lE-l~1:10 UQlfIlHU~D: H PHH H ~U~~~~~ BO<IQUQl'zo~1o: NN alal riri PI ~ PI ~ fIl llII IZl PI PI fIl ~ o E-I o o CXl N '<l' PI al '<l' \D ri al lO al , o I" al ri N al ri PI PI lO o o CXl , '<l' lO lO \D '<l' '<l' lO lO I" lO ri I" lO N N lO CXl \D \D ?= \;)C' -3 r0 ~ (j) , I" ri o o ri al PI lO PI \D \D , ri J. ('''.\ v ~ IX) '~ \'.l ' <::l !' 8 CJ r- ')- D I' ~ In 'if) I\) r-..J ~ (}) \[) .3 (() '8 r{\ ~ r f\j (X) :r T o r- o r '~ rO c r 8 o J (J S 8 \.)of.I ~ (() 00 6 S cr- o ~ ~ r0 \.0 N F= ~ ~ ~ ::r (y') <r: o ~ \JJ \)0 'T :$ ~ o ~ m o o 1'6 ~ U '11 E S..@ Q) 0 g'J 'tdi.g .~ Cl 1: Q..1i3~ .... -5 .... 0._ 0 :0 ~ " a . ~ <If .~ .a c '" 0 .g~ a - ~ .~ _ Zl ~~ .5 e!l..... &. oo~ is t'.!l 0'- > ....-...r !3" 8. j . o >- c -"i c. ~ 8'~ .2'C ~ ~ gc:>.ao ~~ fG lis ~~~~ c._"" 0 S~5:E ~~atd > 0 c 0 ~:g .~" : '""'bOfnlU '" f'I.o 0 ..c 3 0 "'0 oo~.B Eg~] "" '" '" E~15~ ~",'3:E o...-=: ..c "+:i ~~~ e .~ ~.g..@ f.f.l "'"' p.,"'O -il1!15g ~ "E ''::; .- ocolS -ol5.o ~.9.a~ ~ gp.5..8 0'- ~ as "3:SaE ][ii'O~ .- 0 Vol'- ~.~ ~ ~ E;>;€a '" '" c '" . E 0 ~'~''::; fj .~ 5~ 11 ~.q i ';;] l;! '= -5 -il]~~ ~.- ",'- '-ii"'"'c ~ Po ~ '" o 'tU ~ 5 .9 -5 3 " "'..... g ~ "i!! 0 ol 3 :.:::t''''R fj:.:::-5.. ""on", .;: ~ ~ -5 e [;l c Po> 0 'C ~ '" .~ ~~~ -il-53~ ~ 0 0 .... C"I)'" U >. :.sOlU..o E-< .~ -5 '3 2.g~gs ';;] :'; 8 ~ -ill;! ~ '" ~ ;:l- 1;l o c:>. '" € >- E..e ;:l E. ~ >- UO';;] 0" a .0........ ~~8.a ~....i:S.!l Cl.s o".g o 0 >-:.::: _ u"" >-~5- s:! ol Oll,.g o 0 oj 4) f.f.l- ~..c 1!"i!!ao 0..:':::: .... s:= ftg8=a =: t'>-5'-5l ~&~~]" ~ t' .- '" ..... ol <Ii ::E .'.:: ...;l ,~1;1 "15 U~fjo'" 00 ",.5 c ~ ~._ f.f.l ::s rn l:l~.58:.s ~ -f" 3-:!:r: q (_ 3 ~30 ,j ~~ ~ ~7' r?]t:: ::J 'J J <J:<t<'t j5j >< ~ ~ d:<t~ r= \- 1.- J ~ ~ t 0(0 t- \-~ I. u.. U. u..oO D ,,0 ,~ ~ ...- 'J 0 ,i:) 0 ...9, ' N:r:r r-..3\n J_ () () ~~Q % ..1.9 N::I) 0m o _D .~~ :::-.::: ~-"'" '0 If) ~ r: ~-:i~~ 7'-rrT <:il";Q~~ -.3\n:jr<l 898~ ~~ri~ ^ AI' ^ .3\J7:J 1-00 ~ ~~ ~ ~QL City of Farmington Tax Capacity Rates for 2006 Governmental Unit Dakota County Farmington ISD 192 Special District ISD 192 37% \ \ \ / ~ Total May 29, 2006 Tax Rate 0.26318 0.42770 0.43708 0.03140 1.15936 City of Farmington Special District 3% Dakota County 23% . Dakota County . Farmington ISD 192 . Special District Macintosh HD: Users: peterjherlofskyjr: Documents: Farmington: 2006 Tax Capacity pjh