Laserfiche WebLink
MINUTES OF THE <br /> ORONO CITY COUNCIL MEETING <br /> September 26,2022 <br /> 6:00 o'clock p.m. <br /> 6. ADOPT 2023 PRELIMINARY TAX LEVY—RESOLUTION NO.7291 <br /> Finance Director Olson noted the City must certify the Preliminary Tax Levy to the County by September <br /> 30.He shared the final levy and budget will be approved on December 12,2022 and public input will be <br /> allowed prior to the final adoption of the levy and budget. He showed a slide on screen regarding tax and <br /> tax levy history,noting the average property in Minnesota pays 30%of the property tax to the City,30% <br /> to the schools,and 28%to whatever County they are in. Orono's share of the tax levy is only 16%with <br /> 38%going to the County,and 39%goes to the schools. Olson stated the City has always been <br /> conservative on the tax levy,taking a much smaller portion than cities around Orono.This year the total <br /> levy is proposed to be$8,387,000,the General Fund levy is$5,641,000(13%increase mostly due to <br /> wage increases in the unions),and he spoke about the pavement management levy which will bring them <br /> to the full funding needed to maintain roads in Orono.This City Council has been very dedicated to <br /> improving parks and the park levy is increasing to$150,000; Olson noted that fund was at zero 10 years <br /> ago with nothing spent on parks other than mowing and portable restrooms.He shared about the <br /> community investment fund,bonds,and debt service which is a savings of$416,000. Olson shared it is a <br /> sizable increase overall but he thinks it is justified for where Orono is going.He stated based on the <br /> increase in property values this year the tax capacity is about$50,000,000 which is a 21%increase.Right <br /> now they are estimating the tax capacity rate for Orono will actually decrease slightly by.04.He <br /> explained if one owns a property in Orono that does not change in value they would see a very small <br /> decrease in taxes. If a property increased by 5%in value they would see increases in property taxes,for <br /> example$22-23 on a$250,000 and$210 on a$2,000,000 home in the City share of taxes. Olson showed <br /> a slide on tax capacity since 2016 which is trending downward over time. <br /> Mayor Walsh noted the City has the road budget in there(they do not assess for roads),as well as the <br /> roads and sewer budget,the parks budget,police,and technology.Looking at Long Lake,for example, <br /> who is at 36%to Orono's 16%,they do not have any of those things in their budget. <br /> Olson shared a chart comparing taxes between cities and the good job Orono has generally done keeping <br /> taxes low.He showed the general fund tax levy noting Orono is around 52%,Medina is over 70%, <br /> Mound is 67%, Spring Park is over 80%. He noted Orono has done a great job finding other ways to <br /> finance the general fund budget through service contracts for police and public works which allows a <br /> bigger,more robust department,and provides services the other cities could not afford on their own.This <br /> keeps Orono's budget much more stable because they are not completely reliant upon taxes.Many of the <br /> cities on the graph get some sort of State aid and Orono has not received State aid for 20 years. <br /> Gabriel Jabbour,985 Tonkawa Road, appreciates Mr.Olson's presentation. As they know,one goes <br /> through a tax bill and noted to do anything at the State level will take a long time,planning,getting the <br /> right legislator to think the right way,and getting something done at Hennepin County is very difficult. <br /> He stated Orono is picking up quite a bit of Hennepin County,Minneapolis,and other areas.The only <br /> other area they could make a difference is in the local,City government. Mr.Jabbour said the City will <br /> receive close to 21%more taxes out of Orono residents than the previous year.With property values <br /> going up they do not need to change the number that they multiply the value to get the taxes. Mr.Jabbour <br /> would say the reason it is going up is supply and demand and the good citizens of Orono investing in their <br /> own property. If the whole City doubled and the City kept the budget the same,the levy number would go <br /> down in half(he does not mean the taxes).He noted Orono is definitely unique with tons of great houses <br /> that require very little service which are a great cash cow for the City.The reason Mr.Jabbour is asking <br /> the City Council to reconsider the amount of money they are making the budget to be,none of the pie <br /> charts really matter to the people, it matters how much more money is coming out of their pocket.Mr. <br /> Jabbour stated his house went from$2 million-something to$3 million-something,in using the same levy <br /> Page 7 of 13 <br />