Services You Get For A Month Of Taxes
Property taxes for 2011 are based on your home's taxable market value on Jan 2, 2010. For this example we are using a home valued in 2010 at $250,000. Using the City portion of your proposed property tax, one month of taxes would equal $105.16.
Debt Levies—$24.58/month (23.5%)
The $24.58 you pay each month towards debt levies is designated to pay debt service on existing bonds for the City’s street reconstruction program and equipment replacement.
Police—$24.65/month (23.7%)
For $24.65 a month, you get police services, investigation of crimes, prosecution of offenders, community crime prevention programs, and more.
Public Works—$20.10/month (19.1%)
Public Works services cost $20.10 a month and provide well-maintained streets, sidewalks, parks and park shelters, playgrounds, ballfields, and ice rinks; snowplowing; tree preservation and inspections; maintenance of City buildings and facilities; engineering; planning for infrastructure needs; and more.
Administration—$17.20/month (16.3%)
Your $17.20 a month towards City administration covers the City Council and Commissions, public notices, elections, assessing, accounting, computer services, the City budget and Capital Improvement Program, policies and ordinances, newsletters and public information, review of changes to the Comprehensive Plan, planning, municipal legal services, casualty insurance, and more.
Fire & Inspections—$7.95/month (7.5%)
For $7.95 a month, you get fire services, community fire prevention programs, building improvement and property maintenance inspections, building permit services, and more.
Park & Rec—$6.05/month (5.7%)
For $6.05 a month, you get Brookview Community Center; access to year-round community recreation programs; planning and implementation of recreation programs for youth, adults, and seniors; administration of rentals for park shelters and community centers; and more.
Tax Abatement Levy—$1.91/month (1.8%)
The Tax Abatement Levy for the General Mills expansion comes to $1.91 a month. This designated levy goes toward paying off debt for the improvements at the Hwy 55 and Boone Ave intersection and ends in 2019.
Transfers Out—$2.31/month (2.1%)
Transfers Out cost $2.31 a month and cover transfers to Building and Park Improvement Funds.
Fire Relief Levy— $0.41/month (.3%)
The Golden Valley Fire Relief Association has a defined benefit pension plan. The defined retirement benefits are based on a member's years of service and vest after 10 years of credited service. The City needs to levy when the assets do not cover the liabilities.
