Item 2. Budget Discussion 2025 Budgets and Property Tax Levy ItemsCity of Otsego│13400 90th Street NE, Otsego, MN 55330│Phone (763) 441-4414│Website www.ci.otsego.mn.us
TO: Mayor and City Council
FROM: Adam Flaherty, City Administrator & Finance Director
DATE: November 20, 2024
SUBJECT: Budget Meeting #8
On Wednesday, the City Council and staff will continue with review and discussion of the 2025 budgets and
property tax levy. I have developed an outline of discussion topics below.
General Fund Budget
The City Council reviewed draft revenue and expenditure budgets for the General fund during meetings on
August 7, 2024, and August 26, 2024.
The proposed General fund budget is a balanced budget, with expenditures totaling $9,940,102. When
compared with 2024, this is an increase of 5.52%. These expenditures are funded with property taxes being
the primary source of revenue, which accounts for 70.34% of all revenues, which is comparable to 67.14%
of all revenue in 2024.
City staff will review any revisions to the information presented at the previous meetings.
Materials for Review and Discussion
1)Summary of Revenues and Expenditures
2)Revenue Details
3)Summary of Expenditures by Department
4)Summary of Expenditure Changes
Utility Fund Budgets
The City Council reviewed draft operating and capital budgets for the Water, Sanitary Sewer, and Storm
Water Utility funds at a meeting on October 28, 2024.
City staff will review any revisions to the information presented at the previous meeting and provide
discussion on a follow up item for storm water utility rates.
Materials for Review and Discussion
1)Storm Water Utility Rate Analysis
Item 2.
City of Otsego│13400 90th Street NE, Otsego, MN 55330│Phone (763) 441-4414│Website www.ci.otsego.mn.us
Property Tax Levy
At the September 23, 2024, meeting, the City Council adopted Resolution 2024-69 Adopting a Preliminary
Property Tax Levy for Taxes Payable in 2025 in the amount of $9,733,646. This amount is the maximum
amount the City can levy and is the amount used for truth-in-taxation notices.
City staff will review the tax levy summary included in the packet and provide context for discussion on the
options presented.
Materials for Review and Discussion
1) Tax Levy Summary
Pay Plans
The City maintains two pay plans, one for regular scored positions which are typically for ongoing full-time
and part-time positions, and another for seasonal and temporary positions.
The regular pay plan includes 21 grades and 7 steps for each respective grade. This pay plan is annually
evaluated for a cost-of-living adjustment, which is applied consistently throughout the plan. Thus far the
budget development process has used a percentage increase as assumption until additional data was
available. The seasonal and temporary pay plan is outlined by each respective position and is annually
evaluated to ensure that it remains competitive with labor markets for similar types of employment
opportunities.
At the meeting, City staff will review comparison information from neighboring and comparable
communities as well as information from the Bureau of Labor Statistics.
Materials for Review and Discussion
1) Pay Plan – Regular Scored Positions
2) Pay Plan – Seasonal and Temporary Employees
Capital Improvement Plan
The proposed Capital Improvement Plan (CIP) covers the years 2025-2034. A summary of the CIP is included
and is organized by funding source. Inclusion of an item within the CIP does not commit final approval by
the City Council, rather it directs staff to plan towards and gather necessary information for an educated
final approval on each respective item. Each individual item is planned, researched, and brought back to
City Council for final approval when the respective item is ready to move forward.
City staff will review the CIP Document.
Materials for Review and Discussion
1) Capital Improvement Plan – Projects by Funding Source
Next Meetings
November 25 – The City will be conducting the Truth-in-Taxation meeting at 6PM in accordance with
requirements from the Minnesota Department of Revenue. The proposed budget and property tax levy for
payable year 2025 must be discussed, and the public will be given the opportunity to comment and ask
questions.
December 9 – The City Council will be presented for consideration of approval: 1) a resolution adopting
operating budgets, 2) a resolution setting the property tax levy for payable year 2025, and 3) a resolution
adopting the capital improvement plan.
City of OtsegoGeneral Fund Budget - 2025Requested BudgetRevenue & Expenditure SummaryDraft Preliminary FinalActual Actual Year-to-Date Budget Budget Budget Budget2022 2023 2024 2024 2025 2025 2025 $ Change % ChangeRevenuesTaxes5,023,231$ 5,253,657$ 3,418,674$ 6,324,793$ 7,065,507$ 7,050,775$ 6,992,002$ 667,209$ 10.55%Cable Franchise Fees133,218 126,594 86,633 132,000 120,000 120,000 117,000 (15,000) -11.36%Licenses & Permits2,123,810 1,544,769 1,697,021 1,657,040 1,703,559 1,703,059 1,703,459 46,419 2.80%Intergovernmental107,731 575,521 174,073 461,984 192,754 192,354 209,554 (252,430) -54.64%Charges for Services475,251 270,009 268,747 258,515 239,745 244,745 244,830 (13,685) -5.29%Special Assessments3,963 10,389 2,697 3,800 3,800 4,000 3,500 (300) -7.89%Fines & Forfeitures31,812 32,109 28,422 30,900 34,100 34,200 33,600 2,700 8.74%Investment Interest(139,620) 282,834 3,500,460 106,920 118,894 126,207 142,657 35,737 33.42%Miscellaneous18,321 39,567 6,230 17,500 17,500 15,500 15,500 (2,000) -11.43%Interfund Transfers293,500 320,600 427,000 427,000 453,000 453,000 478,000 51,000 11.94%Subtotal8,071,216 8,456,047 9,609,958 9,420,452 9,948,859 9,943,840 9,940,102 519,650 5.52%ExpendituresGeneral Government1,574,088 1,677,552 1,666,615 2,120,045 2,190,607 2,190,950 2,196,516 76,471 3.61%Public Safety3,080,380 3,323,206 3,496,683 4,029,903 4,263,933 4,263,874 4,263,499 233,596 5.80%Public Works1,503,870 1,694,597 1,658,883 2,035,838 2,121,445 2,121,948 2,118,872 83,034 4.08%Culture & Recreation857,848 943,533 989,153 1,129,706 1,263,024 1,257,218 1,250,315 120,609 10.68%Economic Development91,728 91,788 78,840 104,960 109,850 109,850 110,900 5,940 5.66%Interfund Transfers1,266,290 710,829 - - - - - - #DIV/0!Subtotal8,374,204 8,441,505 7,890,174 9,420,452 9,948,859 9,943,840 9,940,102 519,650 5.52%Net Change in Fund Balance(302,988)$ 14,543$ 1,719,784$ -$ -$ -$ -$ DescriptionGENERAL FUND - 1
City of OtsegoGeneral Fund Budget - 2025Requested BudgetRevenues10.48% Tax Levy IncreasePreliminaryActual Actual Year-to-Date Budget BudgetFund Source Account Description 2022 2023 2024 2024 2025 Comments101 31010 CURRENT AD VALOREM TAXES 4,945,354$ 5,286,560$ 3,358,117$ 6,336,000$ 7,000,000$ 101 31011 UNCOLLECTED PROPERTY TAXES - - - (63,207) (69,998) Recent collection rates have been 99%101 31020 DELINQUENT AD VALOREM TAXES 76,119 (35,425) 59,219 50,000 60,000 ~ 60% of 12/31/2023 Delinquent Taxes ($103,311)101 31900 PENALTIES AND INTEREST 1,758 2,522 1,338 2,000 2,000 TOTAL - TAXES 5,023,231 5,253,657 3,418,674 6,324,793 6,992,002 101 38050 CABLE TV FRANCHISE FEES 133,218 126,594 86,633 132,000 117,000 Annualized - Based on Most Recent 4 QuartersTOTAL - CABLE FRANCHISE FEES 133,218 126,594 86,633 132,000 117,000 101 32100 BUSINESS LICENSES/PERMITS 7,639 4,070 8,728 7,000 7,500 Estimate Based on Prior Year Actuals101 32140 RENTAL INSPECTION FEES 38,115 38,770 43,850 42,700 42,400 Based on 2022 - 2023 Actuals & 2024 YTD Monthly Average101 32150 PUBLIC UTILITIES ROW PERMITS 71,818 54,375 39,800 60,000 60,000 Based on 300 Permits at $200 Each101 32180 OTHER LICENSES/PERMITS 3,310 4,345 2,590 3,000 3,000 Includes: Fowl Keeping, Gambling, Etc.101 32190 FENCING PERMITS 9,900 8,700 6,650 10,000 8,900 Based on 2022 - 2023 Actuals & 2024 YTD Monthly Average101 32210 LIQUOR LICENSES 34,350 34,025 35,775 33,950 35,050 Based on 2024 Licensed Operations101 32250 SIGN PERMIT 450 1,050 550 600 600 Estimate Based on Prior Year Actuals101 32260 BUILDING PERMITS 1,726,972 1,224,722 1,376,967 1,296,640 1,362,240 280 Permits at $4,508 (Avg Permit + Plan Review) + $100,000 C/I101 32261 PLUMBING PERMITS 98,237 73,350 78,201 90,765 81,734 Based on 3 Year Average as Compared to Building Permits (6%)101 32262 MECHANICAL PERMITS107,319 83,341 84,970 90,765 81,734 Based on 3 Year Average as Compared to Building Permits (6%)101 32270 SEPTIC SYSTEM PERMITS4,750 3,251 3,300 5,000 3,500 Estimate Based on Prior Year Actuals101 32999 ASSESSORS FEE20,950 14,770 15,540 16,620 16,800 280 Permits at $60TOTAL - LICENSES & PERMITS2,123,810 1,544,769 1,697,021 1,657,040 1,703,459 101 33402 HOMESTEAD CREDIT9,706 9,325 4,258 9,700 8,500 Agricultural MV Credits - Based on Prior Year Actuals101 33403 LOCAL GOVERNMENT AID- - 36,799 73,598 - Current Estimates for 2025 - No LGA101 33405 POLICE AID83,738 92,918 111,191 93,000 111,000 Estimate Based on Prior Year Actuals101 33422 OTHER STATE AID GRANTS10,788 470,283 21,826 285,686 90,054 Public Safety Aid Allocation101 33424 OTHER GRANTS3,500 2,995 - - - TOTAL - INTERGOVERNMENTAL107,731 575,521 174,073 461,984 209,554 101 34050 ADMINISTRATIVE FEES172,585 70,828 68,220 45,000 35,000 Development Contract Administration - Only Receive if Developments Occur101 34103 ZONING AND SUBDIVISION FEES16,120 11,300 14,520 17,900 14,700 Based on 2022 - 2023 Actuals & 2024 YTD Monthly Average101 34107 ASSESSMENT SEARCH FEES17,505 14,000 12,685 18,715 14,820 Based on 2022 - 2023 Actuals & 2024 YTD Monthly Average (95%)101 34207 REIMBURSABLE EXPENSE MOWING600 2,400 - - - 101 34302 STREET & TRAFFIC CONTROL SIGNS73,750 14,750 25,750 31,250 18,750 Accounts for 75 Signs Installed by City Staff in New Developments101 34305 CLEAN UP DAY EVENT5,573 7,148 11,578 7,000 10,000 Estimate Based on Prior Year Actuals101 34320 STREET LIGHT OP26,250 7,000 9,000 10,000 8,000 New Development Street Lights - Only Receive if Developments Occur101 34330 GRADING REVIEWS49,874 31,998 32,520 41,550 42,000 280 Permits at $150 (Offsets Grading Review Costs in Building Department)101 34700 RECREATION FEES68,891 67,814 54,605 55,000 65,000 Estimated by Parks and Recreation101 34701 PARK MEMORIALS3,200 500 205 1,000 500 Estimated by Parks and Recreation101 34710 SHELTER RENTAL FEES5,179 4,549 4,480 4,000 4,500 Estimated by Parks and Recreation101 34712 SENIOR REC PROGRAMS- - 84 - - 101 34740 SPORT FIELD USE9,400 4,275 2,480 3,000 4,000 Estimated by Parks and Recreation101 34750 PRAIRIE CENTER4,555 6,598 4,640 3,000 4,500 Estimated by Parks and Recreation101 34760 OTSEGO FESTIVAL VENDORS21,770 26,850 27,980 21,100 23,060 Budgeted Expenditures (101-45250-490), less City Contribution ($5,000).TOTAL - CHARGES FOR SERVICES475,251 270,009 268,747 258,515 244,830 Account NumberGENERAL FUND - 2
Actual Actual Year-to-Date Budget BudgetFund Source Account Description 2022 2023 2024 2024 2025 CommentsAccount Number101 36100 SPECIAL ASSESSMENTS3,963 10,389 2,697 3,800 3,500 Based on Code Enforcement Assessment Roll (11-4-2024)TOTAL - SPECIAL ASSESSMENTS3,963 10,389 2,697 3,800 3,500 101 35101 FINES & FORFEITS31,812 32,109 28,422 30,900 33,600 Based on 2022 - 2023 Actuals & 2024 YTD Monthly AverageTOTAL - FINES & FORFEITURES31,812 32,109 28,422 30,900 33,600 101 36210 INTEREST EARNINGS70,530 170,890 2,081,192 106,920 142,657 2024 YTD Interest into 2024 YTD Average Cash Balance Allocation101 36213 NET CHANGE IN INVESTMENT FMV(210,150) 111,943 1,419,268 - - Accounting Only - No Cash TransactionsTOTAL - INVESTMENT INTEREST(139,620) 282,834 3,500,460 106,920 142,657 101 36200 MISCELLANEOUS REVENUES4,582 9,178 4,573 5,000 5,000 101 38020 DONATIONS/CONTRIBUTIONS1,472 686 - - 500 101 38991 REFUNDS & REIMBURSEMENTS12,267 28,344 1,637 12,500 10,000 101 39101 SALES OF GENERAL FIXED ASSETS- 1,359 - - - TOTAL - MISCELLANEOUS18,321 39,567 6,230 17,500 15,500 101 39200 INTERFUND OPERATING TRANSFERS293,500 320,600 427,000 427,000 478,000 Water & Sanitary Sewer Administrative Services ChargeTOTAL - INTERFUND TRANSFERS293,500 320,600 427,000 427,000 478,000 Grand Total8,071,216$ 8,456,047$ 9,609,958$ 9,420,452$ 9,940,102$ Change ($)519,650 Change (%)5.52%GENERAL FUND - 3
City of OtsegoGeneral Fund Budget - 2025Expenditures by Function SummaryRequested AmountsDraft Preliminary FinalActual Actual Year-to-Date Budget Budget Budget Budget2022 2023 2024 2024 2025 2025 2025 $ Change % ChangeGeneral Government41100 City Council81,634$ 88,671$ 93,153$ 107,862$ 114,534$ 114,299$ 114,299$ 6,437$ 5.97%41320 City Administrator194,990 212,592 193,614 241,519 252,657 252,585 251,975 10,456 4.33%41400 Administration318,818 346,101 332,693 463,408 414,194 414,088 413,202 (50,206) -10.83%41410 Elections59,173 5,311 41,740 88,274 7,600 7,600 7,600 (80,674) -91.39%41550 Assessing151,608 161,020 162,700 161,370 165,735 165,735 165,735 4,365 2.70%41600 Finance304,668 334,639 246,374 398,558 415,184 415,099 418,578 20,020 5.02%41650 Information Technology113,500 125,956 174,530 223,021 204,950 205,232 209,443 (13,578) -6.09%41700 Legal25,942 32,899 35,097 36,800 37,950 37,950 37,950 1,150 3.13%41800 Human Resources123,539 170,777 148,790 182,461 205,570 205,398 205,129 22,668 12.42%41850 Communications- - 36,119 - 138,893 138,376 138,017 138,017 #DIV/0!41940 Prairie Center52,898 50,843 51,966 61,734 68,575 71,091 71,091 9,357 15.16%41945 City Hall & Public Works Building143,578 144,532 145,095 150,573 160,038 157,940 157,940 7,367 4.89%41950 Old Township Site3,739 4,210 4,745 4,465 4,727 5,557 5,557 1,092 24.46%Subtotal1,574,088 1,677,552 1,666,615 2,120,045 2,190,607 2,190,950 2,196,516 76,471 3.61%Public Safety42100 Police Services1,500,296 1,612,221 1,680,632 2,052,077 2,043,000 2,043,000 2,043,000 (9,077) -0.44%42150 Public Safety Commission600 722 1,582 1,460 1,460 1,460 2,420 960 65.75%42200 Fire Protection941,074 1,156,255 1,365,190 1,368,684 1,594,325 1,594,364 1,593,755 225,071 16.44%42410 Building Safety609,644 532,198 423,418 571,757 577,373 577,275 576,549 4,792 0.84%42500 Emergency Management6,572 977 8,423 13,825 25,775 25,775 25,775 11,950 86.44%42710 Animal Control22,195 20,833 17,438 22,100 22,000 22,000 22,000 (100) -0.45%Subtotal3,080,380 3,323,206 3,496,683 4,029,903 4,263,933 4,263,874 4,263,499 233,596 5.80%Public Works43100 Street Maintenance971,876 1,124,261 1,052,823 1,286,169 1,329,696 1,330,214 1,327,663 41,494 3.23%43150 Engineering60,635 62,918 55,212 105,220 100,320 100,320 100,320 (4,900) -4.66%43160 Street Lights167,245 173,395 149,008 182,480 184,520 184,520 184,520 2,040 1.12%43240 Fleet Management304,114 334,022 401,840 461,969 506,909 506,894 506,369 44,400 9.61%Subtotal1,503,870 1,694,597 1,658,883 2,035,838 2,121,445 2,121,948 2,118,872 83,034 4.08%Culture & Recreation45200 Park Maintenance565,164 652,480 715,693 808,333 883,378 876,282 874,655 66,322 8.20%45250 Recreation291,298 289,311 272,710 318,073 376,346 377,636 370,560 52,487 16.50%45300 Heritage Preservation Commission614 928 657 1,840 1,840 1,840 2,680 840 45.65%45350 Parks & Recreation Commission772 815 93 1,460 1,460 1,460 2,420 960 65.75%Subtotal857,848 943,533 989,153 1,129,706 1,263,024 1,257,218 1,250,315 120,609 10.68%Economic Development46530 Planning Commission1,503 1,451 - 2,500 2,500 2,500 3,500 1,000 40.00%46570 Planning86,678 85,743 73,997 87,150 90,640 90,640 90,640 3,490 4.00%46580 Economic Development3,548 4,594 4,844 15,310 16,710 16,710 16,760 1,450 9.47%Subtotal91,728 91,788 78,840 104,960 109,850 109,850 110,900 5,940 5.66%Interfund Transfers49300 Interfund Transfers1,266,290 710,829 - - - - - - #DIV/0!Subtotal1,266,290 710,829 - - - - - - #DIV/0!Grand Total8,374,204$ 8,441,505$ 7,890,174$ 9,420,452$ 9,948,859$ 9,943,840$ 9,940,102$ 519,650$ 5.52%Increase / (Decrease) from Draft Budget(5,019)$ (8,757)$ Function & DepartmentGENERAL FUND - 4
City of Otsego
General Fund Budget - 2025
Budget Changes Tracking
Total Expenditures - Draft Budget Binder (August 2) 9,948,859$
City Council
Wright County Mayor's Association Dues Increase 100
Multiple Departments
LMCIT Liability & Property Insurance Quote Finalized (5,119)
Total Expenditures - Preliminary Levy (September 23) 9,943,840
Advisory Commissioner Meeting Stipends
Public Safety 960
Heritage Preservation 840
Parks & Recreation 960
Planning 1,000
Wages & Benefits Revisions
Multiple Departments (7,548)
Membership Dues Increase
Economic Development 50
Total Expenditures - Final Budget (December 9) 9,940,102
Increase or (Decrease) Compared to Draft Budget Book (8,757)
Y:\Budget\2025\General Fund\3.0 - 2025 GENERAL BUDGET (FINAL)
GENERAL FUND - 5
(1) (2) (3) (4) (5)Basis 2016 2017 2018 2024 2025 2025 2025 2025 2025AgriculturalA-2 Parcel 29.00 34.29 35.71 36.42 36.75 37.15 38.78 39.46 40.81 ResidentialR-C / R-1 / R-2 / R-3 Lot29.00 34.29 38.29 39.06 39.42 39.84 41.59 42.32 43.77 R-4 / R-4aLot15.00 17.76 18.50 18.87 19.04 19.25 20.09 20.44 21.15 R-5Unit12.00 14.08 14.66 14.95 15.09 15.25 15.92 16.20 16.75 R-MHUnit8.00 9.49 9.88 10.08 10.17 10.28 10.73 10.92 11.30 R-6 Single Family Unit12.00 14.08 14.66 14.95 15.09 15.25 15.92 16.20 16.75 R-6 OtherUnit6.25 7.35 7.65 7.80 7.87 7.96 8.31 8.45 8.74 R-7 Single Family Unit12.00 14.08 14.66 14.95 15.09 15.25 15.92 16.20 16.75 R-7 Townhome Unit6.25 7.35 7.65 7.80 7.87 7.96 8.31 8.45 8.74 R-7 Multi Family Unit2.85 3.37 3.51 3.51 3.54 3.58 3.74 3.80 3.93 Business Acre 64.00 75.92 79.08 80.66 81.39 82.27 85.89 87.39 90.39 IndustrialAcre64.00 75.92 79.08 80.66 81.39 82.27 85.89 87.39 90.39 Rate Increase0.91% 2.00% 6.49% 8.34% 12.06%1 - Based on ENR Index (Nov 2023 to Nov 2024)2 - Based on 2% Increase3 - Based on 4 Year Rate Catch-Up + Current ENR Index4 - Based on 3 Year Rate Catch-Up + Current ENR Index5 - Based on 2 Year Rate Catch-Up + Current ENR IndexY:\Budget\2025\Fee Schedule\Storm Water Utility Rates2025STORM WATER RATES - 1
City of OtsegoProperty Tax Levy CalculationsPayable 2025Revised: November 13, 2024$%$%$%$%2023 20242025 Change Change2025 Change Change2025 Change Change2025 Change ChangeCommentGeneral Fund Operations5,366,000 6,336,000 7,058,000 722,000 11.40% 7,000,000 664,000 10.48% 7,000,000 664,000 10.48% 7,000,000 664,000 10.48%CHANGE - Reflects Budgetary ChangesTax Abatements74,668 88,224 80,212 (8,012) -9.08% 87,436 (788) -0.89% 87,436 (788) -0.89% 87,436 (788) -0.89%CHANGE - Reflects Preliminary Tax RateDebt ServiceSeries 2018A94,416 102,144 104,308 2,164 104,308 2,164 104,308 2,164 104,308 2,164 Series 2020A450,000 197,000 186,000 (11,000) 186,000 (11,000) 186,000 (11,000) 186,000 (11,000) Sub-total544,416 299,144 290,308 (8,836) -2.95% 290,308 (8,836) -2.95% 290,308 (8,836) -2.95% 290,308 (8,836) -2.95%Capital ReservesPavement Management1,100,000 1,000,000 900,000 (100,000) 900,000 (100,000) 800,000 (200,000) 800,000 (200,000) CHANGE - Discussion PointTrails Management65,000 70,000 76,000 6,000 76,000 6,000 76,000 6,000 76,000 6,000 Parks Equipment70,000 400,000 425,000 25,000 425,000 25,000 417,000 17,000 350,000 (50,000) CHANGE - Discussion PointCapital Equipment Revolving477,325 550,393 587,937 37,544 587,937 37,544 587,937 37,544 587,937 37,544 Fire Reserve210,000 210,000 190,000 (20,000) 190,000 (20,000) 190,000 (20,000) - (210,000) CHANGE - Discussion PointFire Capital Revolving- - 6,189 6,189 6,189 6,189 6,189 6,189 6,189 6,189 Storm Water38,000 - - - - - - - - - Capital Improvements1,349,614 - - - - - - - - - City Buildings & Property35,000 35,000 120,000 85,000 120,000 85,000 120,000 85,000 120,000 85,000 Sub-total3,344,939 2,265,393 2,305,126 39,733 1.75% 2,305,126 39,733 1.75% 2,197,126 (68,267) -3.01% 1,940,126 (325,267) -14.36%Adjustment to Achieve Option(51,438) (51,438) Unidentified Reductions NeededGrand Total9,330,023 8,988,761 9,733,646 744,885 8.29% 9,682,870 694,109 7.72% 9,574,870 586,109 6.52% 9,266,432 277,671 3.09%Growth (%)8.68% -3.66%Tax Capacity32,075,441 39,516,976 39,427,828 39,427,828 39,427,828 39,427,828 Wright County Estimate (8/14/2024)Growth (%)27.01% 23.20%-0.23%-0.23%-0.23%-0.23%Net Tax Capacity31,550,432 38,897,895 38,640,913 38,640,913 38,640,913 38,640,913 Calculated to Match Preliminary Tax RateGrowth (%)26.95% 23.29%-0.66%-0.66%-0.66%-0.66%Tax Rate29.572 23.109 25.190 25.059 24.779 23.981 Population21,289 22,705 23,132 23,132 23,132 23,132 Source = MN State DemographerTax Levy Per Capita438 396 421 419 414 401 Description2023 20242025 Change ($) Change (%) 2025 Change ($) Change (%) 2025 Change ($) Change (%) 2025 Change ($) Change (%)Median Appraised Value345,400 402,700 386,400 (16,300) -4.05% 386,400 (16,300) -4.05% 386,400 (16,300) -4.05% 386,400 (16,300) -4.05%Less: MV Exclusion(6,154) (997) (11,774) (11,774) (11,774) (11,774) Taxable Market Value339,246 401,703 374,626 374,626 374,626 374,626 Tax Capacity3,392 4,017 3,746 (271) -6.74%3,746 (271) -6.74%3,746 (271) -6.74%3,746 (271) -6.74%TaxingEstimated Estimated EstimatedEstimatedEstimatedEstimatedAuthorityTaxTaxTax Change ($) Change (%)Tax Change ($) Change (%)Tax Change ($) Change (%)Tax Change ($) Change (%)City of Otsego1,003 928 944 16 1.72%939 11 1.19%928 - 0.00%898 (30) -3.23%City Taxes Only. Based on the Median Value for each respective year. Note: The formula for tax capacity changed for 2025 to due legislative changes for the Homestead Market Value Exclusion Program.Levy DescriptionPreliminary Levy (9-23-2024)Preliminary + Operating ChangesMaintains Median Value Tax EstimateLevy Aligned with New ConstructionY:\Budget\2025\Property Taxes\Tax Levy Calculations (2025)2025 (WORKING)TAX LEVY SUMMARY - 1
Grade12345670 - 50 1 24.61$ 25.65$ 26.72$ 27.84$ 29.01$ 30.23$ 31.49$ 51 - 96 2 26.08$ 27.19$ 28.32$ 29.50$ 30.75$ 32.03$ 33.38$ 97 - 114 3 27.64$ 28.82$ 30.01$ 31.28$ 32.59$ 33.97$ 35.39$ 115 - 163 4 29.31$ 30.53$ 31.82$ 33.17$ 34.55$ 35.99$ 37.51$ 164 - 187 5 31.06$ 32.38$ 33.73$ 35.14$ 36.62$ 38.16$ 39.76$ 188 - 197 6 32.93$ 34.31$ 35.76$ 37.25$ 38.82$ 40.46$ 42.15$ 198 - 205 7 34.90$ 36.38$ 37.90$ 39.49$ 41.14$ 42.88$ 44.68$ 206 - 222 8 37.00$ 38.55$ 40.18$ 41.86$ 43.62$ 45.45$ 47.36$ 223 - 236 9 39.22$ 40.86$ 42.58$ 44.37$ 46.24$ 48.17$ 50.20$ 237 - 249 10 41.58$ 43.32$ 45.14$ 47.03$ 49.00$ 51.06$ 53.22$ 250 - 260 11 44.06$ 45.92$ 47.85$ 49.85$ 51.95$ 54.13$ 56.41$ 261 - 290 12 46.72$ 48.67$ 50.72$ 52.84$ 55.07$ 57.38$ 59.79$ 291 - 363 13 49.51$ 51.59$ 53.76$ 56.01$ 58.38$ 60.82$ 63.37$ 364 - 380 1452.48$ 54.68$ 56.99$ 59.38$ 61.87$ 64.47$ 67.17$ 381 - 400 1555.64$ 57.97$ 60.40$ 62.94$ 65.59$ 68.34$ 71.21$ 401 - 414 1658.97$ 61.44$ 64.03$ 66.72$ 69.51$ 72.44$ 75.48$ 415 - 460 1762.50$ 65.14$ 67.87$ 70.73$ 73.69$ 76.78$ 80.01$ 461 - 471 1866.26$ 69.04$ 71.94$ 74.96$ 78.11$ 81.39$ 84.81$ 472 - 486 1970.24$ 73.18$ 76.26$ 79.47$ 82.79$ 86.28$ 89.90$ 487 - 497 2074.44$ 77.57$ 80.84$ 84.22$ 87.78$ 91.45$ 95.28$ 498 - 508 2178.92$ 82.23$ 85.69$ 89.28$ 93.03$ 96.95$ 101.02$ DRAFT - Pending Approval by the City Council2025 Pay PlanPosition PointsY:\Budget\2025\Wages & Benefits\Pay Plans (2025)2025-FTPAY PLANS - 1
City of OtsegoSeasonal and Temporary EmployeesPay Plan (2025)Description Minimum Maximum NotesRecreation Department 15.00$ 22.00$ 2024 Range of $14.00 to $21.00Seasonal Maintenance 15.00 22.00 2024 Range of $15.00 to $21.00Election Judges 15.00 19.00 No Change - No Scheduled Elections in 2025Administrative Intern 16.00 22.00 2024 Range of $16.00 to $21.00Notes: Actual hourly rates for employees will be a recommendation from the Supervisor, basedon qualifications, previous experience, market conditions, etc., subject to review andapproval from Human Resources and the City Administrator.Adjustments to this pay plan will be considered annually.All pay is subject to State & Federal Minimum wage laws.DRAFT - Pending Approval by the City CouncilRangeY:\Budget\2025\Wages & Benefits\Pay Plans (2025)2025-PTPAY PLANS - 2
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