|
<br />Tn:: foliav.'1ng mformanoo IS pemnen: to tIm, cas::
<br />
<br />: 093 Local Government Aid r...GA i to me Clt:-' of Ramsey will ~ $:!30,iOG !es~
<br />tnan me $446.1:2 paymem recelved In 1989, ln addlOon to preVlOUl-. cut~. cmes
<br />nSt: iosmg addinona1 LGA 1T: me Decern~ D<l\'men: to; ~ 99: anc for me yea: 0:
<br />;uo:. fo; me eli\ o:~ K.ams~:" tn~ rera;man~ ~GA 0: ~:::'.3:3 i~ oamaliy,
<br />oe:nap;.; tully. a: nsk,
<br />
<br />With the change In law wmcn rna,i(eS CIty purt:nases naw subject to MInnesota sales
<br />uu.. the Dry will Incur a 1993 sales tax cOSt m me r.mge of $30.000 to $60.000,
<br />Tnis. wnen combined with me LGA aecrease. results a bonom line loss in revenue
<br />or Increase in ex.penditureS mat has II $:76.cXX} Impact for the year of 1993.
<br />
<br />Tne proposed 1993 propcny taX levy will increase the City's revenue by $91.510.
<br />uro\'IDee the State docs no~ r""'...au:::e rranste; payments foc HACA aunng 1993, After
<br />t":::o~non of thIS r=venue. the C~t" 0: Ra."11sey ~ fman:lal status StiUIs impacted m
<br />ex:::es~ of $180.000. If the CHY nad Increased roe propeny tax levy by thIS amount.
<br />toe levy to be collected as propeny taxes would have Increased by 30% over 1992
<br />Instead of the proposed 5.61 '7(;.
<br />
<br />Based on 1991 statistics provided by the utility companies. a 3'1c franchise fee will
<br />generate approximately $145.000 in new revenue to the City of Ramsey. It is not
<br />eXDCCted this new revenue will full\' replace the loss of LGA alread\' expenen:::eC.
<br />0;-' future CUIS. but this fee is not su'ble:t to cuts bv the Stare of Minnesota.
<br />Tn:refO!e. it represents a stable revenue sour:::e that State transfer payments do nOL
<br />
<br />V.~hat we have not inciudeci in me cnang:e ir. revenue/expenditure numbers above. is
<br />:''le loss of the landfIll ;-evenue. The tmDlnf: fee and trUs. rund revenue represem
<br />2.?proxlITIately S300.000 pc:- yex-, These funds have pronoec fo:- the Cit!'s curb-
<br />S1::1:= recvclinf: pro~ l approx1mateh' S5u.OOO pe;- vea=-). DarK imDrovements and
<br />StEi.-Up 'cosrs- of the FL."": Depa..~en:., This revenue srrearr1 will end in 1 ?93.
<br />
<br />Vi,:"'nile LFJe City has exneriencec si~nificam revenue cha..'1~es sin:e 1989. miles of
<br />Cir\' roads ha\;e in:r=aSed ] O'ic. iand cemeatee fo:- Darks nas ~own b\' 269C and the
<br />Cit,,, s households and nODulation have in=reased : 3 7C. These in~eases have
<br />';~"":~~;\' 'T'O'"!"'a~t",.; ~...'" Ci..;. 5.,......" ""'S C' "'.....~....c. ",";
<br />..........._....-.1.. J.~J.~ ..... ~ UJ.... J.l....... _.I" .1....... _....L~l...........
<br />
<br />A ::an:::hise f~ on !he uri.i.ir\' SVSterr: resultS in revenues I""~eived UDon o~unan;:;\.' of
<br />~...'" no~p p.,..o....."'........ ~.,v..<; ;......'",-~j;\, .....sni.;- n"" tn ::: two ""a: larr'.;." .....\''''nu~l'''<;.:;."..,.,
<br />....&... ~__ _.. v.........\ ~_..... __..,_..._.. ...._ ......~ ..J.. __ L _ . _ _.J..J,.:...._.....~ _.... .......................-'
<br />
<br />u.~~r \\':: ~errir: deli\'e:"in[ -se~l:ei ![\ ~';~ :::D~e~,.. \\I~e ~'il~ h3,7e ir: ex:eS5 c: 25C
<br />~,Q..u.- no~,Q':: D-nij.l"r- jQC~ irr- \l,"n~""r.. "-liD- n.;': n....;......"";.A~\lg ~.... ~\'..nll,a.' 1'~~' 10(;..:
<br />....... ........._.._ _J>... ~__~__.........'. .I....__...V'r_.,...__ v....'"""............ ..................._........ .........~...--..o.-___..
<br />
<br />?:Jie:t~: :2.Xe~ :ro~ :"'1~ :~: hD~es :,ui~: ~~:uugh O:robe: ~ 99: te De re=ei,-red i.r:
<br />'Cl~,:, ~-p c,::~ '::::):'" ~1'''~''''''; "'1'..----;- an~ ,.; rT':>s ....o-T'T'Ipa....\....."..nu..s ....~"'.\'...,.; i.. lOC:
<br />~ - r . "'-_ ~..........-'~_. ......v __~_!Io..o .... __i.....i.i... _ __ ..... ",...I. "-t -._ ...... _ ...___.. _...... u.... ...... .._
<br />'-11- .,,;,.;';n.o'" to 1 00-' .....\;..nu..s. .;..-...,., ~r,,,S'" ;;0"""''''<; .,":" C-::..,~ 0"70 n.....DOS"'''; ......\,......U"'C
<br />. .. ~ J.~ . ...,-... _.l._......1. ..... ...J,U.L..... ............ _1..1 ...............~ "'-'-_ _..-__. , .. ~lU _........ .....J.J. __
<br />.;..O~ <l .:-J'n.......n's.. r-- a. ':lc.: ;.:: i....D1."'....."'n...,.; I.'.nu.,..... i 100-.,..... c::C ';Q~
<br />~-~.....L..4.~_. ..... _..... ...-.:'lC4......J..U. _.&-J.J_ ~.Ja..L w~~ ...~...~__~~..........__,~.....___.
<br />
<br />7he City has Co 2:::le:-al f~nc bud.~e~ 0: a~"Jroximatel\' S2..5 millio::. 0:: ~ni.
<br />-~::""s~=',:. o-n"'-o::~ -TIC' "'XD"n,.;~~ll'~"'s ~D.-O\I" +.,,,, ....;...01''''....''',.; , 0'0':, 'DUel' CT"'~ W"'...., co' ~c - ;O\:
<br />---....- ~_ u__.___ _ _ ... ..........-..._ _ ..... .....l-......,)1 __"~"pO' pO' _ __.... _.......lJ \....:..-.._ ~.
<br />~n~DS,o. rAnu':s"", --"':-;J~"" -""n-=nn'"g."; ~n"': Q~-;~P-~ ..,,'; rOun.....i1 "'asSg."'; .......;Tc: ---,.,"',...,.,,.,- -,,:3.'''''.
<br />_.1.._.... _": _ ......... .............~.L~ """.I. .......... ~...._ ~ _ ...._...._... ~J._ _ .l. _...... ~ '"""_ *-.: ~_.--.... "_'~'
<br />
<br />~:.:.-s~~: ~c 5:3.:= ~a~.
<br />
<br />If~
<br />
|