NEWSBRIEF: Roseville City Council approves preliminary budget, tax levy

The Roseville City Council approved a preliminary property tax levy increase of 4.2 percent for 2019 at its Sept. 24 meeting. The 4.2 percent increase is now the maximum amount the council can raise the 2019 property tax levy.

State statute requires cities to adopt a preliminary tax levy and budget by Sept. 30 for the upcoming fiscal year. Once the preliminary levy is adopted it can be lowered, but not increased.

Additional upcoming meetings featuring 2019 budget items include a review of proposed 2019 utility rates on Nov. 5 and the final 2019 budget hearing on Nov.26. The city council will vote on Roseville’s final 2019 budget, tax levy and utility rates on Dec. 3.

The levy approved by the council will generate $21,551,650, with approximately $11.86 million coming from residential properties in the city. This is an increase of $871,145 compared to the 2018 property tax levy and $113,600 more than the preliminary levy proposed by City Manager Patrick Trudgeon on Aug. 13.

The additional levy dollars added by the council will reduce the amount of reserve funds used to balance the city’s budget. This will ensure that the general fund maintains adequate reserves and remains in compliance with city policies.

The impact on residents will vary depending on a property’s value and change in value compared to 2018. Based on expected property value increases of about 7.6 percent, the median-valued Roseville home, valued at $254,900, will see a monthly property tax increase of $5.03, to $80.40 per month.

The council elected to adopt Trudgeon’s proposed budget of $55,707,140 without change. The preliminary budget adopted by the Council is an increase of $1,467,910 compared to Roseville’s 2018 budget of $54,239,230. It continues to fund all existing city programs and services, with inflationary costs and a small number of enhancements accounting for the majority of the growth.

The council also adopted a preliminary tax levy of $473,660 on behalf of the Roseville Economic Development Authority. The adopted total is a decrease of $150,000 compared to the figure proposed by city staff in August and translates to a cost of approximately $5.94 annually, or $0.50 per month for a median-valued Roseville home.

The city council encourages residents to attend future meetings and participate in the budget process. All council agendas, meeting packets and meeting minutes are available at www.cityofroseville.com/agendacenter. Meetings air live on Roseville Cable Channel 16 and are also available live and on-demand at www.cityofroseville.com/webstreaming.

For more information about Roseville’s 2019 budget process, go to www.cityofroseville.com/budgetinformation.

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