by Nathan Warner
The Zimmerman City Council approved its preliminary levy for 2012 on Sept. 12, which was virtually unchanged from 2011.
The proposed levy is $1,274,815, which is $63,105 more than last year’s levy.
The total 2012 preliminary revenue budget totals $1,928,413, with the difference between it and the proposed levy made up from fees charged for services provided by the city, such as building permits, facility rentals, ball field advertising, etc.
Proposed expenditures for 2012, meanwhile, total $1,928,413, which amounts to $5,720 more than last year’s expenses.
One question looming over this budget cycle is the impact that eliminating Market Value Homestead Credit (MVHC) by the state will have on the city’s tax rate.
In addition to eliminating MVHC, the Sherburne County assessor is proposing to decrease property tax values of residential properties by an additional 9 percent in 2012, city staff stated.
Now that the preliminary levy has been certified to Sherburne County, the City Council will review the proposed budget in an attempt to decrease the levy amount before final certification in December.
Zimmerman’s public comment meeting on the preliminary budget and levy is scheduled for 7 p.m. on Monday, Dec. 5, in the Council Chambers at Zimmerman City Hall.
At that meeting, staff will review the proposed budget and levy with the council, and residents will have the opportunity to comment on the proposals. Written comments will also be accepted. The levy will be formally adopted on Dec. 19. For more information, contact Kary Tillmann, city clerk/treasurer at 763-856-4666, ext. 22 or [email protected]