Laserfiche WebLink
City 'o? Ramsey Budget Public Hearing November 30, 1992 <br /> <br />5. Wl~at are the major spending categories? Which categories are <br /> i o' <br /> gro~wmg the fastest? Why? <br /> <br /> Th~'rn,~jor spending caregories are <br /> Public Safety at 37% of the budget <br /> General Government at 37% of the budget <br /> Public Works at 15% of the budget <br /> Parks and Tree Disease at 8% <br /> Contingency and debt service at 3% <br /> <br />Seg attached graph. <br /> <br /> [ <br />In ~en~ral, the categories are growing at the same rate. <br /> <br />what does all of this mean to me? <br />! r <br />Th~ Cgty of Ramsey's local tax capacity rate for proposed 1993 <br />wil!increase 6.16%. If the market value of your property has <br />notl. ch&.nged, this will result in a City tax increase of <br />ap~roX!'mately 6.16% or an average of $10.00 per year. Due to a <br />chd;ngeI in the market value classification rates, homes with a <br />ma~keti value of $150,000 or more will most likely see a <br />deqrea~e an thetr C~ty tax. . <br /> <br />Se~. at~ached exhibit detailing the Proposed Property Tax Levy <br />and E}timated Residential Taxes. <br /> <br />3 <br /> <br /> <br />