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05/24/1976 CONF MTG - 5709i i � � � r FRIDLEY CIT`� COUNCIL MAY 24, 1976 BDARD OF �QlIALIZATION MEETING - 7:30 P. M. CONFERENCE MEETING 1. Status Report on Corrmunity Development Programs A. Community Development Block Grant Application B. Metropolitan Council Rehabi7itation Loan Program C. Minnesota Housing Finance Agency. D. Section 8 2. 1977 Budget Revenue Estimates 3. Other Items � _ � � 0 CITY OF FRIDLEY OFFICIAL PUBLICATION ASSESSMENT NOTICE NOTICE IS HEREBY GIVEN, That the Board of Equalization of the City of Fridley in Anoka County, I�linnesota, wi1� meet in the Council Chambers of tne Fri dley Ci vi c Center i n sai d Ci ty on Monday the 24th day of t4ay, 197b at 7:00 o'clock p.m., f�r the purpose of reviewing and correcting the assessments of said City of Fridley for the year 1976. Ali p�rsons considering themselves aggrieved by said assessrr�nt or who wish to complain that the property of another is assessed too low are hereby notified to appear at said meeting and show cause for having sucn assessment corrected. . No complaint that another persor. is assessed too low wi11 be acted upon until the persun so assessed, or his agent, shall have been notified of such complaint. Given under my hand this l�th day of April, 1976. PUBLISH: The Fridley Sun P�ay 12 and 19 , 1976 MARV IN C. BRUNSEI.L CITY CLERK ! , � � T0: City N�anager, Mayor and City Cour�cil, as Board af Review FROM: Mervin J. Herrmann, C�ty Assessor SUBJECT: Early starting time for Board of Review DATE: May 21, 1976 Just to remind you that the County Assessor has set the starting time for the Board of Review meeting (EARLY) at 7:OQ P.M., Monday May 24, 1976. See copy of Notice below. Form No. A.F. 4—Noiice to CIer4 of Meeting of Board of Review—*Equaliza�ion. � � p°-=� %�Z 1.11�1.�� Q� V�� �������� 70 THE CLERK OF'tH�. .. , . .. �.�.t..Y ............. <:...OF. .... ... Fridley..................... ..... ..... . , .. . . . . . . . .Anoka . .. .. .. . . . . . . . . . . . . . .. .. . . . ..COUN'fY. MINNESOTA: NOTICE 1S HEREBY GIVEN, That the.24th.._(Monday}_.........day of.,....-----_May----------------------�........., 1376. �..._.7:,00.__.o'clock.....p...._l�i., has been fcxed as the date for the meeting of rhe Baard of/���iE��i�--'�Equati2ation (. �:rikr oat wse) —in your.._...G?.:�y ...........................for said year.. ?'his meeting should be hetd in your o�ce us p:ovicCed by law. Pursuant to the provisions of Nlinnesota Statutes Section 274.01, you are required to gie� notice of sa;d n,��arin._q by publication an.d posting, not later than ten days prior to the date of said meeting. G:cen tcr.der my h�.nd this-�--------------�--�3rd --•-�--...day of----------f1arch.---------•---------------------------� X97�?. ,� -�- � �1�-�.�....�.-r.."' .__.!!`. '..d.�"py'`." ...........Y...'�� ......:.................... ........:......_ °•--•°°- l� Cosn.p A��+?saoz a►,oka . -•-------••---------------------------------._�.-----�----•---.County, bltnnesota "Appli_s only }a �i;;�s whose chartet provides for a Bonrd of Equ�litation instead of a Board oF Review. 'I _ _ _ _.. _ _ . _ _ . _ - _ I ______ � c _ � CITY OF FRIDLEY ME MO RAfVDI�M T0: NASI��I M. QURESHI , CITY MA�iAGER, A�dD CITY COUNCIL FROt�: MARVIf� C. BRUNSELL, ASST. CITY N1GR. /FIN. DIR. SUBJECT: REVENUE ESTIMATES FOR THE YEAR 1976 DAT�: MAY 20, 1976 Attached are preliminary revenue estimates for the General Fund for the year 1976. Some of these estimates are very preliminary in nature and additional information will have to be analyzed before a more accurate estimate can be made. As an example: TAXES For the year 1976, the maximum tax levy was $1,494,971. We ean logically expect a six percent increase in this amount. In addition, in 1976 there were items which were not subject to the levy limitation. These items totaled $359,090. Until such time as the department budgets are received and analyzed, it is not known what items qualify for special levies and the dollars involved. Any accurate estimate of total special levies allowable cannot be made until that time. On the attached revenue estimate sheet, I h�ve arbitrarily used an estimate for the tax levy for the year 1977 of six percent over 1976. This may or may not be an accurate estimate. LICENSE CONTRACTORS The number of contractors licensed has �seclined in recent years. Tnere is a proposal to increase contractors' 1icense fees. Based on this proposal, I have increased my estimate by thirty percent, or $2,236 over what it would have been. If the Council does not adopt the new license schedule, the estimate for contractors' licenses should be reduced by $2,236. 3USINESS LICENSES Estimated revenue has been increased by $4,760 over my original estimate. This is based on the first readin� of an ordinance increasing certain business licenses. The bulk of tnis increase in license fees is expected to be raised from cigarette licenses and set-up licenses. PERP�ITS I have increased my ori ginal estimate for permit revenue by �10,000. This is based on a praposed fee increase. If this f�e increase does not materialize, this estimate should be reduced by $10,000. FINES AND FORFEITS Revenue for fines and forfeits is p rojected based on past experience. t- �.� .� � T0: NASIM P�. QURESHI, CITY SUBJEGT: REVENUE ESTIMATES DATE: MAY 20, 1976 PAGE Z INTEREST �AftNED AND RENTAL MANAGFR, A.ND CiTY COUNCIL FOR TNE YEAR 1976 Interest earnings and rental receipts are based on past experience. INiERGOVERNMENTAL REVENUE � We have no information at this time as to the amount of State Aid the City will receive in 1977. We are using an estimate based strictly on ihe year 1976. Also, included in this category are esti,mated receipts of $15,000 from the tree subsidy program. This money will be coming from the State of Minnesota. � CHARGES FO R CURRENT SE R1lI CES This category has been increased by $2,130 over what the estimate would have been, based on propased increases in fee schedules. If this fee schedule is not a�opted, the estimate should be reduced by $2,130. PARK AND RECREATION ��y original revenue estirnate from this source has been increased by $6,225, k��-!sed on proposed fee changes , I f these fee changes are not appraved by the Recreation Commission and City Council, this category should be reduced by �6 ,225. GENERAL FUND SURPLUS We are preparing the budget on the basis of using $i00,000 of General Fund surplus. This compares with $92,735 in T976. TRANSFERS FROM OTHER FUNDS 6Je are projecting an $85,OD0 transfer from the liquor operation. The same as 1976. There is a substantial increase in estimated revenue for seal coating, from �28,000 to $75,400 per year. This item wi11 have ta be watched closely. If the Ci ty Counci 1 does not approve the $75,000 program, �,rhi ch woul d be a considerable undertaking, the revenue side of the General fiund budget will also have to be reduced. The transfer from the Revenue Sharing Fund is based on the estimated Revenue Si�aring receip.ts for the last six months of 1976 and the first six months of 1977. � ti �a. 7 , ,� - City of Fridley, Minnesota ACC'T. N0. REVENUE GENERAL FUND� General Property Tax 3011 Tax Levies-Current 3012 Tax Levies-Delinquent 3013 Tax Forfeit Sale Apportion 3015 Nomestead Credit Subtotal Licenses 3110 Contractors 3111 Eusiness 3112 Other SUbtOld'i 3120 Permits Inter�overnmental 3314 C.E.T.A. 3315 Civil Defense 3340 State Aid Streets 3350 State Shared Taxes 3360 State Tree Subsidy 3370 Local Grants Subtotal Charyes For Services 3510 General 3520 Public Safety 3530 Conservation of Health 35II0 Recr•eation Subtotal 3610 Fines and Forfeitures Revenue From Use of Money a 3810 Interest Earned 3320 Rents Subtotal Miscellaneous 3II40 Sale of Property 3680 Donations 3950 Police/Fire Pension Refunds 3950.001 Miscellaneous Refunds Subtotal Transfers From Other Funds 3962.010 State Aid Seal Coating 3962.011 State Aid Surplus 3962.012 Federal Revenue Sharing 3962.015 Park Capital 3962.035 Liquor Other Subtotal 3962.001 General Fund Sur lus TOTAL - REVENUES - GENERAL FUND Revenue Susnmary ; ACTUAL ACTUAL BUDGETED REVENUE REVENUE REVfPlUE 1974 1975 1976 Rou�{, Fs�� mateg Rssource AIlocatian Pi�n TIMATED jESTIMATED VEPdIlE � REVEPdifE 1976 1977 1,091,429 1,330,877:1,414,139.1,414,139. 1;49£3,987 16,776 24,556. 15,900. 15,900. 16,854 1,030 4,271. 4,527. 4,527. 4,799 235,346 ?_60,262. 300,000. 300,OOd. 318,000 1,344,631 1,619,966.1 734,566. ,734,566. 1,838,640 7,075 41,708 7,175 JJ��JJG 68,498 7,475 36,2II1 7,784 51 , 5^+0 60,188 -0- 41,077 7,274 5,408 20,898 23,342 555,474 577,045 -0- -0- 2,000 2,OOQ 585,646 648,&72 7,209 1C,844 9,328 30,862 58,243 54,686 Propert 57,000 9,417 66,417 14,241 8,234 23,740 15,556 61,771 4,670 13,097 9,508 32.661 59,936 62,902 5II,2t30 9,846 68,126 11,484 500 25,605 10,038 47,627 21,OOO.I 21,000 37,322. 36,317 149,073. 196,776 41,296. -0- 75,000. 75,000 6,600 323,691. 335,693 -0- -0- 619.541. ,954,850 7.239 53,612 7,219 uE;070 57�,3£30 5,936. 9,686 37,352. 41,058 5,202. 8,250 GS,4�0. �8,994 37,666.I 65,150 -0- 61,950. 7,500. 7,500. 25,884. 25,884. 665,350. 665,350. -0- 7,500. 2,025. 2,000. 700,759. 770,184. 9,922 10,118 6,218 31,67_0 57,878 55,000 9,301. 10,697. 8,592. 33,469. 62.059 55.000. -0- 7,500 25,II84 665 ,350 15,000 2.000 715,734 7,393. 12,950. 9,000. 37 ,475. 66,818. 68,783. PAU�DSED . PagE 57,434. 57,434. 58,000. 6,450. 6 450. 10.000. 63,£i84. 63,384. 68,000. 10,945. 456. 4,000. -0- -0- -0- 55,600. 55,600. 55,773. 8,458 8,458. -0- 75,003. 64,514. 59,773. 28,000. �28,000. 75,000. 38,000. 38,000. 40,000. 229,043. 229,043. 200,505. -0- -0- -0- 85,000. 85.000. 85,000. -0- -�- -0- 380,043. 3£i0,043 400,505. 92,735. 130,862. 100,000. 285,318. 3,341,268 3,442,397. ADOPTED �I REVENUE 1977 � � h ti :.. { ��-� City of FridieY, Minnesata ACC'T. �������i ����-a�-r i��� Rvu�� �Sfi�nafes Revenue Summary ; • Rasourca Allocatian � Plan ACTUAL ACTUAL BUDGETED ESTIMATED ESTIMATED REVENUE REVENUE REVENUE REVENUE REVFNUE H;-�GYdS�� Page N0. REVENUE 1974 1975 1976 1976 1977 OTHER FUNDS: STATE FIID FUND State Aid Apportionment 39,371 303,824. 181,324. 181,324. 205,00�. Interest Earned 43,942 60,857. 25,000. 25,000. 30,000. Transfei�s From Other Fund 170,179 35,459. 25,000. 25,000. 25,000. Subtotal 253,492 400,140. 231,324. 231,324. 260,000. PARK BOND Taxes 263 -0- -0- -0- -0- CIVIC CENTER QOP�D Tax�s -..`:,�C5 39,C85. 3G,?50. 35,?F0. 35,8E8. Interest Earned 1,018 1,168. _-0-_ _-0- _ -0- Subtotal 40,623 40,253. 36,750. 36,750. 35,868. CAPITAL PROJECTS Taxes -0- -0- 45,664. 45,664. 45,000. . 70TAL OTHER FUfdDS 294,378 440,393. 313,73£3. 313,738. 340,368. TOTAL ALL FUNDS 2,913,919 3,395,243 3,599,056. ,661,006. 3,783,265. ADOPTED REVENUE 1977