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11-15-95 WSPllh*4 LOW1 Vit# rlei is STATE of MINNESOTA COUNTY of WRIGHT CITY of Otsego return by CityTaxesVoted To the AUDITOR of Wright County: I hereby certify that the City Council for the City of Otsego, County of Wright, Minnesota, did at a meeting on .....,........( '1 �k0 9 17..7..,.5..4. �.....j'--6-5-8-9-44-0 ......... 105,655 ' 0 ' 0 ' 70,445 ' 35,210 ' .............................................................. �........................... �..............................(...............................1...................... 1.709 'Bonds (............................ levy the following amount to be raised by taxation for the City of Otsego for the taxable year 1996, viz: 0 II IB) ICI IDI IEI 0.728 Parks (....................................... Proposed Proposed Proposed Proposed Proposed Proposed A 1 B C D E ► 1995/96 1995/96 1995/96 i 1995196 i 1995196 i 1995/961 Fund 1 1995/96 1 1995/96 1995196 1995/96 i I A -B -C -D = E 1 Budget .................................. ...............................1............................... ........................................................................................ ...................... 0 Other Tax Tax Budget i Other Certified Requirements LGA HACA i Resources Levy i Rates Requirements LGA HACA i Resources Levy 1,051,457 ' 74,893 ' 140,579 ' 177,545 ' 658,440 ' 31.946 ' Revenue ' () r 4 �.7' 7 4 �. ...............(........................................................................................1...............................1......................(.......................................�.... 1............,......� .....,........( '1 �k0 9 17..7..,.5..4. �.....j'--6-5-8-9-44-0 ......... 105,655 ' 0 ' 0 ' 70,445 ' 35,210 ' .............................................................. �........................... �..............................(...............................1...................... 1.709 'Bonds (............................ ' 1059 65.5.- .. (..................... I ..... ... .............................. 0 ' 0 (............................ ' 7 0 t 44 5 (.............................................................. ' 3 5 t 210 15,000' 0 ' 0 ' 0 ' 15,000 ' ...............................(...............................1...........................1..............................(...............................1...................... 0.728 Parks (....................................... ' 15 000' (..................I............. ►.............................. 0 ' 0 (............................ 0 (.......... ................. ' 15 000 1...........�..................... 0 (.............................. .................................. ...............................1............................... ........................................................................................ ...................... 0 ►....................................... (..............................................................1............................ (................................ .............................. ............................ (.............................. .................................. ...............................(............................... (........................... ..............................(............................... (...................... 0 (....................................... i ............................1.............................. .................................. ...............................1..................:............ ........................... ............................................................. ...................... 0 ....................................... ........................................................... 1................................ .............................. i ............................ .............................. ............. I .................... ...............................(............................... (........................... .............................. ............................... ........... 0 ...........►....................................... (.............................. .................................. ...............................(............................... (........................... ..............................(............................... ...................... i 0 (....................................... ................................ .............................. (............................ (............................ i (.............................. .................................. ........................................................ (........................... ..............................(............................... (...................... 0 ....................................... (................................ .............................. (............................ (.............................. .................................. ...............................►............................... ........................... ..............................(............................... (...................... 0 (....................................... (................................ .............................. .............................. ............................1.............................. .................................. ...............................(...............................1......................................................... 1............................... ►...................... 0 (....................................... ................................ ............................ (................................................................ ..............................................................(.........................................................►...............................(...................... 0 ►....................................... ►................................ .............................. 1 1................................ ..............................1............................(.............................. .................................. ...............................(............................... ......................................................... (............................... ►...................... 0 (....................................... .............................. ............................ .............................. .................................. ............................... 1................... ,........... 1........................... ..............................1............................... ...................... 0 ....................................... ................................ 1,172,112 ' 74,893 ' 140,579 ' 247,990 ' 708,650 ' 34.383*1.61 ,172,112' 74,893 ' 140,579 P47,990 '708, 650 Market Value Based Referendum Levy $ 0.00 'Do not include any Disparity Reduction Aid or Fiscal Disparity taxes. Dated this 28th day of December , 1995. Elaine Beatty, Clerk Councilmember Black introduced the following resolution and moved its adoption: RESOLUTION NO. 95-43 RESOLUTION AMENDING THE 1995 ADOPTED GENERAL FUND BUDGET WHEREAS, in conformance with generally accepted accounting practices, it is appropriate to amend the General Fund budget for adjustments to the originally adopted budget. NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that the 1995 General Fund Operating Budget be amended as follows: REVENUES ADOPTED AMENDED Property Taxes $ 603,560 $ 610,000 Business Licenses & Permits 10,000 5,000 Non -Business Licenses & Permits 60,000 39,700 Intergovernmental 297,891 292,296 Charges for Service 20,000 33,225 Rentals 24,300 23,300 Miscellaneous 43-040 23-609 $1,058,751 $1,027,299 APPROPRIATIONS ADOPTED AMENDED Mayor and City Council $ 36,000 $ 40,600 Administration 179,820 186,120 Finance 38,200 57,509 Assessing 15,000 14,076 Legal 40,000 62,500 Planning Commission 3,600 3,200 Planner 60,000 49,000 EDA 20,000 8,499 City Hall & Peavey House 71,500 71,710 Police 100,000 93,500 Building Inspection 20,000 21,000 Engineering 40,000 52,000 Street Lighting 10,000 10,000 Street Maintenance 359,025 235,307 Recycling 28,000 32,000 Community Recreation 13,000 13,000 Park Maintenance 13,000 9,813 Capital Outlay 5.040 3,765 $1,052,145 $ 963,599 The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Ackerman and upon vote being taken thereon, the following voted in favor thereof: Mayor Freske, Councilmembers Black, Heidner, and Ackerman, and the following voted against the same: none, whereupon said resolution was passed this 27th day of December, 1995. 40 q *15r Z.,A& Norman . reske, ayor CaC -LJ`3 ATTEST: Elaine Beatty, City Clerk/Zoning Adm' . Councilmember Black introduced the following resolution and moved its adoption: RESOLUTION NO. 95-44 RESOLUTION CLOSING THE ROAD & BRIDGE FUND AND TRANSFERRING RESIDUAL EQUITY TO THE GENERAL FUND EFFECTIVE DECEMBER 31, 1995 WHEREAS, in conformance with generally accepted accounting practices, it is appropriate to have a limited number of funds created only as necessary for appropriate fund accounting and, WHEREAS, the Road and Bridge Fund and the General Fund are both general operating funds receiving a major portion of their revenues from property taxes and, WHEREAS, the City's auditing firm, Abdo, Abdo and Eick has recommended that the.City combine the Road and Bridge Fund with the General Fund for accounting purposes. NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that the Road and Bridge Fund will be closed as of December 31, 1995 and the residual equity will be transferred to the General Fund. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Ackerman and upon vote being taken thereon, the following voted in favor thereof: Mayor Freske, Councilmembers Black, Heidner, and Ackerman, and the following voted against the same: none, whereupon said resolution was passed this 27th day of December, 1995. ATTEST: Elaine Beatty, City Clerk/Zoning Ad in. 00, ANIAMMM ntz"� Norman%reske, Mayor Councilmember Black introduced the following resolution and moved its adoption: RESOLUTION NO. 95-45 RESOLUTION APPROVING A TAX LEVY FOR 1996 OPERATING BUDGET APPROPRIATIONS NOW, THEREFORE BE IT RESOLVED by the Otsego City Council that there is hereby approved for budgeted expenditures from general taxes, the following sums for the purpose indicated: General Government $ 799,019 Park Development 15,OOQ Bonded Indebtedness 35,210 Total Levy $ 849,229 Less HACA 140,579 Total Levy To Be Certified $ 708,650 FURTHER BE IT RESOLVED that as required by Truth in Taxation Legislation, the City Clerk shall certify to the Wright County Auditor a copy of this resolution approving a proposed levy of $708,650 for the City of Otsego. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Heidner and upon vote being taken thereon, the following voted in favor thereof: Mayor Freske, Councilmembers Heidner, Black and Ackerman, and the following voted against the same: none, whereupon said resolution was passed this 27th day of December, 1995. ATTEST: elaine Beatty, City Clerk/Zoningdmin. Norman F. Freske, Mayor Councilmember Heidner introduced the following resolution and moved its adoption: RESOLUTION NO. 95-46 RESOLUTION ADOPTING THE 1996 GENERAL FUND OPERATING BUDGET NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that the appropriations budgeted for General Fund Operations for the calendar year 1996 shall be: Department Amount Mayor and City Council $ 52,410 Administration 202,452 Finance 58,600 Assessing 14,060 Legal 28,200 Planning Commission 3,300 Planner 52,250 EDA 14,005 City Hall & Peavey House 74,180 Police 96,360 Building Inspection 20,000 Engineering 40,000 Street Lighting 10,000 Street Maintenance 267,633 Recycling 30,000 Community Recreation 17,777 Park Maintenance 32,770 Historical Society 1,550 Transfers To Other Funds(Capital Equipment) 35.910 $1,051,457 BE IT FURTHER RESOLVED by the Otsego City Council that the source of financing the sums appropriated shall be: Property Taxes $ 658,440 Business Licenses and Permits 5,000 Non -Business Licenses and Permits 42,150 Intergovernmental 285,772 Charges for Service 18,800 Rentals 19,300 Miscellaneous 21.995 $1,051,457 The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Black and upon vote being taken thereon, the following voted in favor thereof: Mayor Freske, Councilmembers Black, Heidner, and Ackerman and the following voted against the same: none, whereupon said resolution was passed this 27th day of December 1995. Ito,, S ar~4 Norman F. Freske, Mayor ATTEST: sine Beatty, City Clerk/Zoning Ain. Councilmember Black introduced the following resolution and moved its adoption: RESOLUTION NO. 95-47 RESOLUTION ADOPTING THE 19% WATER FUND BUDGET NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that the appropriations budgeted for the Water Fund for the calendar year 1996 shall be: Debt Service $ 28,200 Utilities 900 Repair & Maintenance 5,500 Miscellaneous Engineering —1,000 Total Expenditures $ 35,600 BE IT FURTHER RESOLVED by the Otsego City Council that the source of financing the sums appropriated shall be: Property Taxes $ 15,000 Charges for Service 1,155 Total Revenues $ 16,155 The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Heidner and upon vote being taken thereon, the following voted in favor thereof: Mayor Freske, Councilmembers Heidner, Black, and Ackerman, and the following voted against the same: none, whereupon said resolution was passed this 27th day of December 1995. eti+ S aril Norman F. Freske, Mayor ATTEST: City of Otsego :i\:i:iii:'r'•:.:i:+^:}4S i\\\�L::::_:}:?::i:?::i}':is3�•..�'r::}:{�++:+�:i•'f,.}:%Oy4:::ti ♦ 'itif\`Si\}•'•4.14 i::;:i}••�'�K:`t :>s<•:.��<wr<><�'�`:5��... ,..�}`)�.�; ti.. :>;�'w.• Percent Total Settlement Percent Percent May Settlement :v�jv.;:ii} j'i?ii:4:i•:\K;iv::•v:?•• n' �? �v •,�i'•,w•,�V Actual Proposed 46.880 % 1994/95 1995/96 Change 1994/95 1995/96 Chane S Change 1,172,112 29,967 Wright County Market Value 148, 549, 500 158, 932, 000 10, 382, 500 6.989 11,823 18.746 Wright County Tax Capacity 1,867,765 2,061,110 193,345 10.352 % % Wright County Tax Increment 0 0 0 0.000 % Disparity (d) Total Net Tax Capacity 1,867,765 2,061,110 193,345 10.352 % 0 Tax Capacity Rate 34.459 34.383 -0.076 ...........-0. ....................... . 221 .. % ....................................................................................' Adjusted Levy ............................................� 643 569 -------- .....................................� ------- 708 650 ------------------------------ 65,081 10.113 % ---------- ------------------------------- HA CA 146,391 140,579 -5,812 -3.970 % (Adjusted Levy) 643,569 708,650 65,081 10.113 % Certified Levy Payable 9 1 93/94 Percent Total Settlement Percent 100.000 % May Settlement Actual r osed Final Settlement OfProposed 46.880 % 1994/95 1995/96 Change Change 2.700 % Budget :(a) 1,142,145 1,172,112 29,967 2.624 % LGA (b) 63,070 74,893 11,823 18.746 % HA CA (c) 146,391 140,579 -5,812 -3.970 % Other (d) 289,115 247,990 41,125 -14.224 % Disparity (d) 0 0 0 0.000 % Fisc Disp (d) 0 0 0 0.000 % (Adjusted Levy) 643,569 708,650 65,081 10.113 % Certified Levy Payable 1994/95 643, 615.87 324, 827.71 318, 788.16 Payable 9 1 93/94 Percent Total Settlement 458,&39.48 100.000 % May Settlement 231,169.00 50.380 % Final Settlement 215,101.88 46.880 % Adjustments 158.20 0.030 % Taxes Unpaid 12,410.40 2.700 % Payable 1994/95 643, 615.87 324, 827.71 318, 788.16 CITY OF OTSEGO 1996 PROPOSED BUDGET PRESENTATION (OVERHEADS) DECEMBER 7, 1995 TAX RATE CALCULATION SPECIAI. LEVIES: Taxes to pay for Bonded Indebtedness and Park Development. $ -50.210 TAXES FOR GENERAL GOVERNMENT $ 799.019 Less State Aid* S 140.579 TOTAL TAXES NECESSARY $ 780.650 TAX CAPACITY: Tax Capacity calculations per property are defined by the laws of the State $2.061,110 TAX RATE IS ARRIVED AT BY DIVIDING THE TOTAL TAXES NECESSARY ($780,650) BY THE TOTAL TAX CAPACITY ($2,061,110). THE 1996 PROPOSED RATE IS 34.383. PROPERTY TAXES FOR THE CITY ARE CALCULATED BY -MULTIPLYING THE TAX CAPACITY OF THE PROPERTY BY THE TAX RATE. Note: The City's 1995 tax capacity is an approximate 10.352% increase over the 1994 tax capacity. The Count% Auditor's office indicated that this will change slightly when residents get their Truth In Taxation statements and realize then have not filed for homestead credit or that a homestead filing mistake was made. PROPERTY TAX CALCULATION ON A $90,000 VALUE HOME TAXES PAYABLE 1996 TAX CAPACITY: (Method of calculation is defined by the State Legislature). $ 1,080 TAX CAPACITY ($1,080) MULTIPLIED BY TAX RATE (.34383) EQUALS CITY TAX DOLLARS ($371.34) PROPERTY TAX CALCULATION RESIDENTIAL HOMESTEAD CLASSIFICATION The Parcel is a home valued at $90,000. The tax capacity, calculation is as follows: 1st 72.1X00 of market value = 72,000 x 1.009 = 720 72,000 to 90,001) of value = 18,000 x 2.00% = 360 Total Tax Capacity = 1080 TAXES PAYABLE 1996 TAX CAPACITY: (vlethod of calculation as shown above is defined by the State Legislature). $ 1,080 TAX CAPACITY ($1,080) MULTIPLIED BY TAX RATE (.34383) EQUALS CITY TAX DOLLARS ($371.34) PROPERTY TAX CALCULATION AGRICULTURAL HOMESTEAD CLASSIFICATIONy �v The Parcel contains 71.46 acres. The total estimated market value is $112,000 0and=17.700: buildings=94,301)). For tax calculations. these figures need to be broken down further as follows: House and Garage = $42,500 Building Site = $ 3,800 Other Buildings = $51,800 Other Land = $13,900 Now tax capacity can be calculated on this parcel. House, Garage, + Bldg. Site = 46,300 x 1.00% = 463 Other Buildings: to 115,000 = 51,800 x .45% = 233 Other Land: (to 115,000) = 13,900 x .45% = 63 Total Tax Capacity = 759 TAXES PAYABLE 1996 TAX CAPACITY: (Method of calculation as shown above is defined by the State Legislature). $ 759 TAX CAPACITY ($759) MULTIPLIED BY TAX RATE (.34383) EQUALS CITY TAX DOLLARS ($260.97) PROPERTY TAX CALCULATION ON A $90,000 VALUE HOME TAXES PAYABLE 199 TAX CAPACITY: (Method of calculation is defined by the State Legislature). $ 1,080 TAX CAPACITY ($1,080) MULTIPLIED BY TAX RATE (.34439) EQUALS CITY TAX DOLLARS ($372.16) 1995 CITY TAXES PAYABLE PROPOSED 1996 CITY TAXES PAYABLE $372.16 $371.34 TAX DOLLAR DIFFERENCE ON $90,000 VALUE HOME = -$.82 PROPERTY VALUE REMAINS THE SAME - TAX DECREASE=$.82 70 .I 50 30 20 10 l Composition Of Proposed 1996 T otal Tax Rate County Elk River STMA City Monticello Hospita 1996 Tax Rate M Series 1 70 :8 50 w 30 20 IN L Composition Of Proposed 1996 Total Tax Rate County Elk River STMA City Monticello Hospital 1996 Tax Rate M Series 1 mal .. .... .... - WHERE DOES YOUR TAX DOLLAR GO? City Hospital 50.02 Monticello 50.49 inty $0.23 Street Maint. (23.5%) Community Recn 1996 APPROPRIATIONS By Deoanment Q�&IF rr I Y, 44416R(5.0%) Budding Inspection (1.99:) Police (9.29.) general Government (39.94.) \ 1996 APPROPRIATIONS Street LiQRP 217(�c Planner 5.0% Park Maint. 3.1% Police 9.2% Building I�s ection 1 n sneering By Department General Government 39.9% J. V /U Street Maint. 23.5% CommunityRec Recycling 2.9% Other Uses 5.5% 1.7% 1996 APPROPRIATIONS BY Public Safety 11.1% FUNCTION General Govt. 47.5% Public Works 31.1% Other Uses 5.4% ,ommunity Service 5.0% //I" 'C-lno)- SERVICES PROVIDED BY THE CITY: yJ ' Jt - Legislative review and administration Watershed review and administration Election administration Records retention Financial administration (e.g., financial recordkeeping. payroll. investments. auditing, budgeting, and analysis) Property records including valuation and classification of properties. (assessing) Building inspection/'e Zoning and flood zone property information Planning and zoning services 24 hour fire protection — .I- I/ e� '-"`��`'� 24 hour peep G57" Engineering services (e.g., storm sewer, septic system. water. and street installation, storm water management. and transportation) Street Lighting Recycling, . rapji;;W� maintenance 9� P4 Park planning, development and maintenance Recreational activities (e.g., programs and special events) Maintenance of city, buildings 1996 ESTIMATED REVENUES Property Taxes 62.7% Litlh Forr�ervice`' Rller�.r,�Soes 2.0% entals 8 0 f8% State Aid/I ntergov'I 27.2% MAJOR CITY REVENUES PAYABLE 1996 Certified Levy 62.6% ( �,-dPe�- y rum) HACA LGA 13.4% 7.1% s -r-r -r l}--,-1) 01 Other 16.9% WHERE DOES YOUR TAX DOLLAR GO? City Sc Hospital S0.02 E!k River 50.45 my $0.24 0 WHERE DOES YOUR TAX DOLLAR GO? City Hospital 50.02 STMA S0.4 i my $0.24 0 .......... S 0 L D T 0 4414414 STAR NEWS Publishers, Inc. C M 1201 15th Avenue South Princeton, MN 55371-2306 Metro (612) 333-2980 Local (612) 389-4710 CITY OF OTSEGO 8899 NASHUA AVE NE ELAINE BEATTY ELK RIVER MN I 55330 7314 EELK RIVER HOUSE ACCOUNT LEGAL PAGE SPECIAL BUDGET WO MEETING CMPublishers, Inc. 1201 1511) Avenue South Princeton, MN 55371-2306 Metro (612) 333-2980 Local (612) 389-4710 IFED I.D. No. 41-0909493 SCOTSMAN ZONES: 0. All I. North Anoka 2, Rum River 3 Chisago 4. Braham/Rush City 5 Pine 6. Kanabec 7. Star Shopper 2.00 ANOKA PUBLICATIONS: S Shopper U. Union L. Life H Herald INVOICE NO H�PAGF484754 DATE 1 1X08= 95 AMOUNT PAID PLEASE DETACH AND RETURN UPPER PORTION WITH PAYMENT NET 30 DAYS 8.57001 17.14 AMOUNTOUE 1 17.14 Terms: Net 30.1-1/2'. service chaige on past due balance (minimum of $.So)' Affidavit of Publication STATE OF MINNESOTA ) )ss. COUNTY OF SHERBURNE) abcdefghijklmnopqrstuvwxyz BY: ( C \ TITLE: CMZ, Subscribed and sworn to before me on this ' day of 19 SPS Notary Pub RATE INFORMA (1) Lowest classified rate paid by commercial users for comparable space (2) Maximum rate allowed by law for the above matter (3) Rate actually charged for the above matter &C qo • ...-... Sj�Ch f�/RFS N J `S� being duly sworn, on oath says that he/she is the publisher or authorized agent and employee of the publisher of the newspa- per known as The Elk River Star News, and has full knowledge of the facts which are stated below: CITY OF OTSEGO SPECIAL (A) The newspaper has complied with all the requirements BUDGET WORKSHOP MEETING NOVEMBER 15, 1898 — 6M P.M. constituting qualification as a qualified newspaper, as provided (Note: Change in date November 16, 1895)) by Minnesota Statute 331A.02, 331A.07, and other applicable Notice is hereby given of a special Council Workshop Meeting on laws, as amended. November 15, 1995 at 6:30 p.m. to (B) The printed review the 1996 proposed budget in— Preparation for the Truth in Taxation Bearing. This meeting will be held at the City of Otsego Hall at 8899 which is attached was cut from the columns of said newspaper, Nashua Avenue NE, Otsego, MN 55330. and was printed and published once each week, for _� uc- Elaine Beatty cessiveweeks; it was first published on Wednesday, the CitNClerk/Zoning Ad=. _ da of y �,2,,t =1,' , 19_"�'_, and was thereafter printed and published on every Wednesday to and including Wednesday, the day of , 19 ; and printed below is a copy of the lower case alphabet from A to Z, both inclusive, which is hereby acknowledged as being the size and kind of type used in the composition and publication of the notice. abcdefghijklmnopqrstuvwxyz BY: ( C \ TITLE: CMZ, Subscribed and sworn to before me on this ' day of 19 SPS Notary Pub RATE INFORMA (1) Lowest classified rate paid by commercial users for comparable space (2) Maximum rate allowed by law for the above matter (3) Rate actually charged for the above matter &C qo • ...-... Sj�Ch f�/RFS N J `S� CITY OF OTSEGO SPECIAL BUDGET WORKSHOP MEETING NOVEMBER 15, 1995 - 6:30PM (Note: Change in date from November 16, 1995) Notice is hereby given of a Special Council Workshop Meeting on November 15, 1995 at 6:30PM to review the 1996 proposed budget in preparation for the Truth in Taxation Hearing. This meeting will be held at the City of Otsego Hall at 8899 Nashua Avenue NE, Otsego, MN 55330 Elaine Beatty, City Clerk/,i(oning Adm. Posted: 10/25/95 City Hall Change Posted 10/31/95 Published: 11/8/95 Star News CITY OF OTSEGO SPECIAL BUDGET WORKSHOP MEETING NOVEMBER 16, 1995 - 6:30PM Notice is hereby given of a Special Council Workshop Meeting on November 16, 1995 at 6:30PM to review the 1996 proposed budget in preparation for the Truth in Taxation Hearing. This meeting will be held at the City of Otsego Hall at 8899 Nashua Avenue NE, Otsego, MN 55330 Elaine Beatty, City Clerk/Zoiling Adm. 40 Posted: 10/25/95 City Hall Published: 11/1/95 Star News • (Pf3ofM /�- z2 O e --)/- �� - 9 Psi �