09-08-1993 CC MIN - Laserfiche WebLink

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e e e Elk River city Council Meeting september 8, 1993 Page 2 revenues. This compares to 68.3% in 1993. When levy limits were in place in previous years, these three revenue catagories were controlled by the state. This left only 32% of the City's General Fund monies under City Council control. With levy limits being removed, the situation has changed slightly but not dramatically as the City Council must still keep any tax increase at a reasonable level. The City Council noted that it is impossible to determine what affect the increase in tax revenue will have on the local tax rates as the City does not have the final figures on the growth in the City's net tax capacity. The City Administrator highlighted some of the other major changes in the general fund revenues. These highlights include the following: An increase in LGA due to the shifting of equalization aid from HACA. A decrease in the HACA revenues due to the shifting of the equalization aid from HACA to LGA. An increase in the police relief and gravel tax revenues. A decrease in the landfill surcharge revenues. An increase in the administrative project fees due to more construction projects. An increase in plan check fees due to more building activity. An increase in the D.A.R.E. contribution due to the new program. A decrease in the NSP and landfill contribution. An increase in the recreation fees, which is off-set by an expenditure in the recreation area. An increase in the building permit fees and in the plumbing and heating permit fees. A new fee for apartment licenses. A decrease in the interest revenue. A reserve transfer for elections. An increase in the street reserve transfer for the overlay program. A decrease in the equipment reserve transfers, garbage transfers due to the utilities taking over this program, and the EDA transfer.