Are you a citizen of Inver Grove Heights that would like more detailed information on the budget process? Each year the city's elected officials decide how to raise and spend the public's money, but the process to decide how that money should be raised and spent can be confusing for those who attempt to become informed.
Here are a few key numbers for you to be aware of:
• The 2017 preliminary property tax rate is 51.794%, an increase of 5.13%.
• The preliminary property tax operating levy for 2017 was set at $17,123,000, an increase of $1,225,200. This increase includes $1,077,100 for continuation of current services and programs, $148,100 for new requests including firefighter pay increase, staff training, street lights, code compliance software, building repairs and supplies.
• The City-wide budget (Operating and Debt Service) for 2016 is $19,323,392.
• The Simley Lake WMTD levy is decreasing $24,712 to $24,033 and the Cuneen Trail/College Trail WMTD final levy was in 2016. Only parcels within the WMTD are impacted by these levies.
To raise the level of public understanding surrounding the budget process, the City has created a frequently asked questions guide to the city budget:
Frequently Asked Questions Guide: 2017 Preliminary Budget and Property Tax Levies
2017 Amended Budget
2016-2020 Capital Improvement Plan