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Work Session Four

Work Session Four. 2013 City Budget ~ Manhattan ~ Kansas. Changes from 3 rd WS. Revised valuations were also received from Riley and Pottawatomie Counties, with an impact of +0.151 mills. Final valuations are usually not received until late October. Proposed 2013 Mill Levy.

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Work Session Four

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  1. Work Session Four 2013 City Budget ~ Manhattan ~ Kansas

  2. Changes from 3rd WS Revised valuations were also received from Riley and Pottawatomie Counties, with an impact of +0.151 mills. Final valuations are usually not received until late October.

  3. Proposed 2013 Mill Levy

  4. Major Contributors to Mill Levy Increase • Sales Tax Renewal

  5. Major Contributors to Mill Levy Increase • Fire Station Addition / Changes

  6. Major City Increases in 2013 At our current budget amount, $302,005 of these increases have already been absorbed by other revenue sources in City operations.

  7. Current Increase in Property Taxes City Services Reduction required to maintain flat city services mill levy $360,455

  8. Current Increase in Property Taxes Outside Services Reduction required to maintain flat city mill levy for all funds $1,006,565

  9. Commission RequestOptions to Reduce Property Taxes * * * With these options, the City is also losing the growth in valuation.

  10. Reminder… • July 29th - - Budget Publication in Manhattan Mercury. After this publication, the budget may be further reduced, but cannot increase. • August 14th - - Public Hearing on the 2013 City Budget

  11. 2013 Budget Considerations 2013 City Budget • Provide direction for publication of the 2013 City Budget.

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