City budget holds steady
The city of Rosemount wasn't able to make any huge tax cuts this year, but city leaders were able to keep the tax levy about the same. That means most home owners shouldn't see a big change one way or the other in their taxes.
This year the city will levy $10,459,694. Finance director Jeff May said that is a 1.24 percent increase over last year's levy.
The city will hold its Truth in Taxation meeting at 7:30 p.m. Dec. 4 at city hall.
The meeting gives residents an opportunity to have their say about the 2012 budget and levies. During the meeting May and city administrator Dwight Johnson will give a presentation on the 2013 budget and tax levies. After the council has the opportunity to ask questions, the floor will be open for public comment.
While the council can change the way it spends money, it has no control over the valuation of property. May said residents with concerns about the valuation of their home should contact the Dakota County Assessor's Office.
The city started its budget process in March and set the preliminary budget in September. Little has changed since September and May said they feel like it's a responsible budget.
Over the last several years the Rosemount City Council has made it priority to cut taxes. Last year the city's share of taxes for the owner of a median value home was cut by $35. In 2011 the decrease was $61 and in 2010 it was $77.
While the council wasn't able to make a reduction again this year, they were able to hold the line by cutting expenses and paying off debt.
However, there were some expenses that went up this year. The city increased pay to firefighters, contracts with the city's union workers call for increases and health insurance premiums went up.
Looking to the future the council is also planning for new amenities including new ball fields at UMore and a senior center.
For more information on the city's budget contact Rosemount City Hall or attend the Dec. 4 public hearing.