120522 City Council Special Meeting Packet
NEW HOPE CITY COUNCIL
SPECIAL MEETING AGENDA
December 5, 2022
7:00 p.m.
City Hall – Council Chambers
4401 Xylon Avenue North
Mayor Kathi Hemken
Council Member John Elder
Council Member Andy Hoffe
Council Member Michael Isenberg
Council Member Jonathan London
The City Council wants and encourages citizen participation at Council Meetings. Your input and
opinions count and are valuable. You are encouraged to bring forth your comments and issues at
the appropriate point on the agenda.
A 15‐minute maximum Open Forum is held at the beginning of each Council Meeting. At this time
any person may address the Council on any subject pertaining to City business not listed on this
agenda or scheduled as a future agenda item. The Council requests that you limit your presentation
to 3 minutes. Anyone wishing to address the City Council on a particular item should raise their
hand and be recognized by the Mayor. Approach the podium and speak into the microphone by
first stating your name and address. Also, please record your name on the roster at the table near
the door so that your name will be spelled correctly in the minutes.
Individuals should not expect the Mayor or Council to respond to their comments tonight; Council
may refer the matter to staff for handling or for consideration at a future meeting. You are welcome
to contact the city clerk at 763‐531‐5117 after the council meeting.
COUNCIL MEETING BROADCASTS AND STREAMING
Government Access channel 16 programming includes live/taped meeting replays
Live on‐line meetings and past meetings on‐demand are available through www.nwsccc.org.
www.newhopemn.gov
New Hope Values and Vision
City Mission
Strong local government that is proactive in responding to the community needs and issues by delivering quality
public service to all city residents, businesses, property owners, and organizations in a prudent and e cient manner.
Values
Excellence and Quality in the Delivery of Services
We believe that service to the public is our reason for being and strive to deliver quality services in a
highly professional and cost-e ective manner.
Fiscal Responsibility
We believe that fi scal responsibility and the prudent stewardship of public funds and city assets is essential if
residents are to have confi dence in government.
Ethics, Integrity and Professionalism
We believe that ethics, integrity, and professionalism are the foundation blocks of public trust and confi dence and
that all meaningful relationships are built on these values.
Respect for the Individual
We believe in the uniqueness of every individual, and welcome, appreciate, and respect diversity and the di ering
of opinions.
Open, Honest, and Respectful Communication
We believe that open, honest, and respectful communication is essential for an informed and involved citizenry
and to foster a positive environment for those interacting with our city.
Cooperation and Teamwork
We believe that the public is best served when all work cooperatively.
Visionary Leadership and Planning
We believe that the very essence of leadership is to be responsive to current goals and needs, and visionary in
planning for the future.
Vision
e city is a great place to grow as a family, individual, or business.
All within our city are safe and secure.
Essential services will be those that promote a safe and healthy environment for all residents.
Essential services and programs will be enhanced and streamlined, and will be provided in an economical manner
and with measurable results.
e city views residents as its greatest asset and seeks their input and participation.
e city will meet the communication needs of citizens, elected o cials, and city sta .
Strategic Goals
e city will maintain and improve its infrastructure (water distribution, storm water, sewer, roads, parks,
lighting, and city facilities).
e city will use frugal spending and resourceful fi nancial management to maintain its fi scal health.
e city will encourage maintenance, redevelopment, and reinvestment of existing properties to improve
or enhance its tax base.
e city will provide core services with a professional sta who are equipped with the necessary tools and
equipment and given necessary direction.
e city will facilitate and improve communications to promote e ective intergovernmental cooperation
between sta , citizens, and Council.
Adopted by the New Hope City Council, August 2006
Reaffirmed by the New Hope City Council, February 2022
CITY COUNCIL
SPECIAL MEETING
Monday, December 5, 2022
7:00 p.m.
New Hope City Hall
4401 Xylon Avenue North
Council Chambers
Mayor Kathi Hemken
Council Member John Elder
Council Member Andy Hoffe
Council Member Michael Isenberg
Council Member Jonathan London
1. CALL TO ORDER – December 5, 2022
2. ROLL CALL
11. UNFINISHED & ORGANIZATIONAL BUSINESS
11.1 Public hearing to take comments on 2023 city budget
12. OTHER BUSINESS
13. ADJOURNMENT
Mayor’s 2023 Budget Public Hearing Opening Comments
December 5, 2022
The purpose of this public hearing is to take public comments on
the city’s proposed budget and tax levy for 2023. The city council
adopted the preliminary budget at the September 12 council
meeting and has been reviewing all the budget details with the
city manager and department heads for the last several months.
The final budget and tax levy will be adopted at the December 12
council meeting.
The city manager and financial consultant will be making the
presentation on the budget and then the public hearing will be
opened for the council to take public comments on the budget.
No official action will be taken on the budget at this meeting.
I:\RFA\City Manager\2022\Budget 2023\CM 120522\11.1 Q ‐ Budget Hearing 2023 120522.docx
Request for Action
December 5, 2022
Approved by: Tim Hoyt, Acting City Manager
Originating Department: City Manager
By: Valerie Leone, City Clerk‐Treas.
Agenda Title
Public hearing to take comments on 2023 city budget
Requested Action
This is a public hearing to take public comments on the 2023 proposed final budget. Representatives from
Abdo will be in attendance to make a presentation. Staff recommends that Council take public comments
following the presentation and then either continue or close the public hearing. Staff is recommending that
Council formally adopt the budget and set the tax levy at the December 12 council meeting.
Policy/Past Practice
The City Council annually conducts a public hearing on the city budget and tax levy to take public input on
the proposed budget and levy.
Background
The preliminary budget and tax levy was adopted at the September 12 city council meeting. This is the
maximum tax levy and budget that can be adopted; it can be reduced before final adoption in December, but
it cannot be increased. The Council reviewed all general fund budgets with department heads at their
September work session and reviewed utility and enterprise fund budgets at the October work session. The
Council reviewed the final budget hearing presentation at the November work session.
2023 Budget
The 2023 preliminary general fund budget is $17,235,207, which is an increase of $1,056,014 (6.5%) over the
2022 budget of $16,179,193. The major changes in the budget include:
An increase of $643,628 for wage and benefit increases. A 3% cost of living adjustment is budgeted for
employees along with an increase in the city’s share of health insurance coverage and a comparable cities
adjustment. Council salary increases have also been budgeted for 2023.
IT charges to the general fund increased $62,158. Similar to 2022, the charges are based on the new
allocation method for indirect charges (number of phones, computers and employees per department),
with direct departmental LOGIS IT costs being allocated to the benefitting department. Significant direct
allocations to the general fund include the software for body worn cameras (WatchGuard, $30,000), the
records management for Police through Law Enforcement Technology Group (LETG, $32,448) and the
recreation software ($36,620).
An increase of $145,000 for portable radios for the police department, due to the phase out of their current
equipment. It is recommended that a one‐time transfer from the temporary financing fund be utilized for
this capital expense.
A compensation study is anticipated for 2023. A one‐time transfer from the employee leave fund is
recommended to provide funding for the consulting fees.
Agenda Section
Public Hearing
Item Number
11.1
Request for Action, Page 2
There is an increase of $133,595 in the budget for West Metro Fire‐Rescue District. This increase is to
provide funding for the payment on two new fire truck leases. Similar to 2019, it is recommended that the
increase in the joint powers agreement be funded with a transfer from the Fire Capital Fund.
There is a $62,661 decrease in central garage charges. Similar to 2022, operations and capital will be
funded at 100%.
The city is scheduled to receive $847,830 in LGA (local government aid) in 2023, which is a $18,812
decrease over 2022. The revenue will be utilized in the general fund to offset central garage equipment
and building replacement charges; it is not used for general operations.
2023 Tax Levy
The tax levy for the general fund is $12,076,955, which is $683,601 or a 6% increase over the 2022 general fund
levy of $11,393,354. The total tax levy for 2023, including the general fund, street and park infrastructure
funds, economic development and housing and redevelopment authorities, and prior debt levies for City
Center, Northwood South and Northwood North infrastructure bonds, the 2017 Police Station/City Hall
facility bonds, and the 2018/2019 Pool and Park improvement bonds is $19,053,316. This represents a 4.51% or
$822,305 increase over the 2022 levy of $18,231,011. The total tax levy includes a 5% increase in the street and
park infrastructure levies to support the long‐term funding plans for street and park improvements. An HRA
levy of $437,850 is recommended for 2023, which is established as a special taxing district. The EDA levy of
$160,650 will be included in the city’s tax rate. Both levies are needed to support the scattered site housing
program and other redevelopment due to funding changes in the CDBG program. Overall, the combined
debt levies are increasing by $9,070.
The median home value for taxes payable in 2023 is $325,000, which is an 18% increase from the median
value home in 2022. The estimated impact on residential homes based on the proposed 4.51% increase in the
city tax levy is 8%. This is primarily attributed to an estimated 18% increase in the market value of residential
homes; an increase which is disproportionate to the change in commercial and industrial valuations. For
homes valued between $150,000 and $400,000 the tax increase estimate is $61 to $192. The city tax rate is
projected to decrease from 62.82% in 2022 to 57.23% in 2023.
Information provided by the Hennepin County Assessor was recently received. The single‐family residence
valuation in the city increased by 17.3% for 2022. The total taxable property market value in the city increased
by 6.03%, from $2,177,389,934 to $2,308,596,615. Property tax comparisons were also provided for residential,
apartment and commercial/industrial properties and are attached with a summary. Taking the total tax levy
into account (city/county/school district), out of 4,723 single‐family properties, approximately 3% will see a
decrease and approximately 71% will see an increase between 5% and 14.9%. Sample tax statements were
provided for various property types. It is important to remember that the city’s portion of the tax statement is
about one‐third of the total amount.
Staff recommends the Council receive public input at this public hearing and provide direction to staff as to
whether any adjustments should be made to the budget prior to the December 12 council meeting.
Attachments
Hennepin County Assessor Information
2023 Budget/Tax Levy Presentation
Hennepin County Assessor’s Office
300 South Sixth Street – MC-213 Minneapolis, MN 55487-0213
612-348-3046 | hennepin.us/assessment
Fall Ratio Meeting
Date: 10/2022 – 11/2022 Time: 60 minutes Location: Varies
Agenda
1. TNT Materials – 2022 payable 2023
a. Property tax comparison reports i. 2 - Residential by % of tax change
ii. 3 - Residential by $ of tax change iii. 4 - Apartment by % of tax change
iv. 5 - Commercial/Industrial by % of tax change b. Tax & levy video
c. Samples of TNT notices i. Mailed on 11/14/2022
ii. **confidential until mailed d. Value trends for payable 2023
2. 2023 Assessment Materials – 2023 payable 2024 a. 2023 assessment ratio data
i. Residential summary ii. Residential property type groups
iii. Residential lake overview iv. Residential EMV stratifications
v. Residential month detail vi. CIA qualified sales
vii. CIA Use codes b. Market trend analysis
c. https://www.hennepin.us/assessment 3. Local boards/open books 2023
a. Local boards - verify trained members b. Open books – plan for 2023
4. Hennplace/Tax Portal 5. Open Forum
Assessment Report 2022
Hennepin County Assessor's Office
James R. Atchison, County Assessor, SAMA
April 1, 2022
Version 1.2
Historical Growth By City and Property Type (Cumulative Growth Report)
Property Type 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 5 Yr Chg 10 Yr Chg
Minneapolis Agricultural (F)0.1 3.7 10.0 14.2% 14.2%
Apartment (A) 2.5 10.9 16.1 11.1 9.2 6.5 7.0 3.5 ‐2.9 1.8 16.6% 86.6%
Commercial (C) 2.9 3.6 8.9 7.6 8.9 7.0 3.3 5.6 ‐6.8 0.5 9.3% 48.7%
Industrial (I)‐0.1 1.6 5.3 5.4 6.6 8.0 8.2 4.3 3.2 13.8 43.2% 72.0%
Res Condo (X) 0.9 8.8 8.5 6.1 7.8 6.9 3.0 0.1 0.9 ‐1.7 9.4% 49.0%
Res Single Family (R)‐0.2 7.7 4.0 6.1 6.8 9.9 4.4 1.2 4.0 8.2 30.7% 65.6%
Res Townhome (Y) 0.4 3.0 10.5 5.6 4.7 6.8 6.7 5.0 1.4 1.6 23.3% 55.7%
Minnetonka Agricultural (F)‐1.6 ‐0.1 10.3 ‐53.1 0.0 0.0 5.3 ‐16.1 0.0 0.0 ‐11.6%‐55.1%
Apartment (A) 4.3 7.6 7.5 11.4 14.0 4.2 2.9 5.9 1.5 9.6 26.4% 93.6%
Commercial (C) 0.5 3.8 6.6 0.1 1.1 0.1 1.9 3.8 ‐1.3 0.1 4.6% 17.8%
Industrial (I) 0.8 3.5 0.1 1.0 7.4 2.6 6.0 5.3 3.3 9.8 30.0% 47.2%
Res Condo (X)‐3.9 10.2 14.2 3.1 11.2 2.5 7.6 2.3 6.2 6.9 28.1% 77.6%
Res Single Family (R)‐1.2 5.9 4.6 1.6 2.1 6.8 4.0 2.8 2.9 15.7 35.9% 54.3%
Res Townhome (Y)‐0.1 8.0 1.9 11.2 5.9 9.6 6.0 3.0 4.0 9.5 36.3% 76.4%
Minnetonka Commercial (C) 0.0 0.0 ‐2.7 ‐4.2 0.0 0.0 0.0 0.0 0.0 7.6 7.6% 0.3%
Beach Res Single Family (R)‐12.3 26.3 2.9 6.7 8.4 1.7 3.3 7.6 ‐0.3 18.6 33.7% 76.2%
Minnetrista Agricultural (F) 6.1 6.2 ‐1.1 ‐0.7 4.7 4.9 6.0 1.4 2.6 7.2 24.0% 43.7%
Commercial (C)‐0.9 ‐0.8 ‐4.7 1.0 1.1 0.9 4.3 ‐10.8 8.7 8.4 10.5% 5.7%
Industrial (I)0.0 0.0 0.0 0.0 3.1 2.9 24.1 6.7 2.3 26.8 76.9% 82.4%
Res Condo (X) 0.0 0.0 6.0 5.1 12.6 4.0 7.0 0.0 0.0 0.0 11.3% 39.6%
Res Single Family (R)‐2.7 5.5 0.0 6.7 2.9 4.4 2.9 2.6 4.3 25.1 43.8% 62.0%
Res Townhome (Y)‐1.6 17.3 ‐2.3 15.1 7.7 8.4 0.9 3.0 8.0 19.5 45.4% 103.2%
Mound Apartment (A) 0.3 3.0 3.8 9.0 12.7 6.8 15.8 6.9 3.4 10.0 50.4% 98.1%
Commercial (C)‐2.8 ‐0.9 4.2 6.7 2.7 3.9 4.5 3.8 ‐0.5 ‐0.6 11.4% 22.5%
Industrial (I)0.0 8.7 50.8 0.0 9.7 4.0 7.1 17.9 ‐5.6 4.3 29.3% 132.4%
Res Condo (X)‐0.8 17.9 ‐0.1 7.1 5.6 13.9 1.1 7.2 2.6 22.5 55.4%105.3%
Res Single Family (R)‐3.0 9.9 0.8 8.3 2.9 7.9 3.6 9.2 3.5 28.0 61.6% 93.5%
Res Townhome (Y)‐5.7 9.9 1.3 9.1 1.2 7.1 10.4 7.7 7.8 18.2 62.3% 88.1%
New Hope Apartment (A) 2.1 1.6 11.0 12.7 8.1 9.3 9.9 12.9 6.2 7.7 55.2% 117.7%
Commercial (C)‐1.9 1.5 ‐0.8 2.5 6.5 4.1 9.5 2.5 ‐3.5 5.6 19.1% 28.4%
Industrial (I)‐3.0 5.9 5.8 3.2 8.7 0.2 13.1 8.3 2.7 15.2 45.1% 76.9%
Res Condo (X) 3.3 11.1 3.2 8.4 21.5 6.1 9.4 9.4 7.3 15.7 57.6% 145.9%
Res Single Family (R) 2.3 6.4 4.4 3.6 8.2 7.3 6.0 5.0 6.9 17.3 49.6% 90.6%
Res Townhome (Y) 0.7 24.0 15.1 4.5 12.9 4.8 6.5 6.1 3.7 18.8 45.9% 147.4%
Orono Agricultural (F)‐0.4 ‐1.3 12.4 ‐8.0 ‐20.5 ‐0.2 4.0 ‐2.4 44.0 13.9 66.1% 34.2%
Apartment (A) 4.4 2.7 11.1 13.1 7.3 1.5 7.9 6.8 0.1 4.8 22.6% 77.2%
Commercial (C) 0.0 0.2 ‐2.1 3.7 3.3 2.9 10.3 3.7 1.2 15.0 36.9% 43.9%
Industrial (I)‐2.7 ‐0.8 7.8 5.5 2.3 6.8 2.9 34.3 1.6 9.8 64.5% 84.7%
Res Condo (X) 15.3 3.9 0.0 10.4 1.9 12.8 14.2 0.0 9.9 ‐0.2 41.2% 90.3%
Res Single Family (R)‐1.8 2.7 2.4 5.6 3.9 2.8 3.4 5.9 2.6 20.4 39.1% 57.6%
Res Townhome (Y)‐4.8 7.3 2.9 12.3 5.1 1.4 0.3 1.8 7.6 12.6 25.5% 55.7%
Osseo Apartment (A) 2.1 3.2 30.5 11.6 4.4 5.7 11.7 9.4 3.5 9.2 46.1% 134.0%
Commercial (C)‐0.5 ‐0.3 ‐5.3 0.1 0.2 7.4 9.7 7.4 4.8 5.0 39.3% 31.2%
Industrial (I)0.0 0.0 ‐3.1 2.5 2.5 4.1 8.9 7.2 0.6 16.1 42.0% 44.5%
Res Condo (X)‐3.1 ‐1.6 1.0 3.0 6.2 10.0 5.3 2.7 3.1 9.9 34.8% 42.0%
Res Single Family (R)‐2.1 12.1 11.9 3.2 13.3 8.1 0.0 2.0 5.0 22.5 41.8% 103.6%
Res Townhome (Y)‐4.7 8.9 7.0 0.7 10.6 10.7 2.4 4.3 15.9 14.0 56.1% 93.1%
60
Estimated Market Value Medians By City Single Family Residential
Community 2014 2015 2016 2017 2018 2019 2020 2021 2022
Calhoun‐Isle/Uptown 455,500 466,500 484,000 511,500 546,500 557,750 564,500 582,000 606,500
Camden 94,500 107,500 115,500 127,000 141,500 157,000 169,500 183,000 213,000
Downtown 255,000 286,500 321,500 329,500 359,000 358,500 341,500 354,750 359,000
Longfellow 187,500 191,500 204,000 225,000 257,000 269,500 279,000 289,000 310,000
Near North 96,000 104,500 114,500 122,000 134,500 150,500 167,000 188,000 212,000
Nokomis 201,500 210,500 228,000 246,000 274,000 287,500 290,000 309,000 340,000
Northeast 163,500 174,000 188,500 210,000 230,000 249,000 255,000 274,000 305,000
Phillips 121,500 127,500 141,500 153,000 176,000 194,000 198,750 211,000 215,000
Powderhorn 159,500 171,000 185,500 205,000 222,000 242,500 245,000 259,000 285,000
Southwest 311,500 325,000 341,500 362,000 399,000 412,000 416,500 433,000 470,000
University/Southeast 195,500 196,500 212,500 229,000 252,500 265,000 273,000 292,000 308,000
Minneapolis 181,000 191,000 205,500 225,500 249,500 265,500 271,500 287,000 316,000
City 2014 2015 2016 2017 2018 2019 2020 2021 2022
Bloomington 206,700 219,800 225,950 246,300 256,800 283,800 286,400 307,200 355,800
Brooklyn Center 131,400 142,100 150,000 167,000 184,000 198,000 207,000 223,000 259,000
Brooklyn Park 172,500 181,500 190,900 214,800 228,600 247,800 259,400 272,600 320,400
Champlin 177,000 184,000 198,000 215,000 237,000 254,000 260,000 276,000 337,000
Corcoran 269,000 278,000 285,000 314,000 329,500 342,000 362,000 400,000 475,000
Crystal 151,000 153,000 166,000 182,000 196,000 215,000 220,000 245,000 279,000
Dayton 219,000 224,000 237,000 276,000 307,000 331,000 353,000 375,000 450,000
Deephaven 473,000 534,000 550,500 567,000 604,000 625,000 649,000 682,000 827,500
Eden Prairie 339,100 360,300 363,100 378,100 396,200 413,800 415,800 430,400 513,200
Edina 428,300 457,300 458,100 501,000 530,650 548,500 551,700 571,700 659,900
Excelsior 335,000 370,000 391,000 451,000 465,000 490,000 522,500 562,000 618,000
Golden Valley 252,500 258,000 262,000 289,000 312,000 327,000 335,000 362,000 411,000
Greenfield 308,000 327,000 352,000 376,000 388,000 401,000 420,500 445,000 541,000
Greenwood 726,000 704,500 772,000 866,000 858,000 903,000 982,000 1,018,500 1,244,000
Hanover 277,000 305,000 320,000 347,000 379,500 380,000 374,500 388,000 462,000
Hopkins 206,000 207,000 223,000 243,000 261,000 276,000 291,000 315,000 361,000
Independence 356,000 360,000 385,500 407,000 409,000 420,000 446,000 472,000 560,000
Long Lake 222,000 228,000 249,000 267,000 282,000 282,500 311,500 329,500 392,000
Loretto 184,500 205,000 208,000 241,000 248,500 258,000 254,000 278,000 343,500
Maple Grove 268,700 278,900 289,400 303,200 321,500 338,700 351,200 369,800 447,700
Maple Plain 180,000 193,000 206,000 218,000 234,000 245,000 254,000 278,000 325,000
Medicine Lake 586,500 574,500 670,000 677,000 698,000 707,500 737,000 758,000 932,000
Medina 503,000 521,500 524,000 556,000 559,000 587,000 604,000 626,000 749,000
Minnetonka 279,000 317,750 322,600 332,100 359,800 378,550 390,300 405,500 468,700
Minnetonka Beach 980,000 1,020,000 1,100,000 1,140,000 1,183,000 1,246,000 1,445,000 1,464,000 1,671,000
Minnetrista 387,000 385,000 411,000 429,000 457,000 467,000 481,000 504,000 636,000
Mound 189,000 192,000 213,000 218,000 239,000 247,000 267,000 274,000 346,000
New Hope 180,000 188,500 196,000 213,000 229,000 244,000 257,000 275,000 325,000
Orono 546,000 572,000 607,000 639,000 666,000 694,000 741,000 772,000 916,000
Osseo 147,000 165,000 172,000 194,000 211,000 210,000 215,000 228,000 281,000
Plymouth 316,100 327,000 339,000 349,000 375,000 393,000 407,000 424,000 498,000
Richfield 173,000 180,000 194,000 207,000 229,000 242,000 246,000 266,000 308,000
Robbinsdale 149,000 146,000 158,000 173,000 188,000 212,000 216,000 236,000 286,000
Rockford 164,000 171,500 182,000 192,000 204,000 218,000 231,500 253,000 304,000
Rogers 251,000 263,000 275,000 291,000 313,000 320,000 333,000 354,000 421,000
Saint Anthony 223,000 255,000 260,000 274,000 292,000 322,000 338,000 366,000 396,000
Saint Bonifacius 199,000 203,000 222,000 236,000 245,000 270,000 272,500 293,500 344,000
Saint Louis Park 217,400 227,700 240,000 254,100 275,100 298,200 306,500 330,500 372,100
Shorewood 386,500 410,000 409,000 429,000 461,000 471,500 501,000 531,000 653,000
Spring Park 352,000 353,000 376,000 408,000 421,000 432,000 458,500 460,500 650,500
Tonka Bay 474,000 473,000 510,500 575,000 634,500 662,000 696,000 762,500 910,000
Wayzata 431,000 475,000 503,500 546,500 609,000 642,000 695,000 732,000 881,000
Woodland 719,000 848,000 817,000 850,000 952,000 968,000 986,000 1,037,500 1,356,000
Suburban 235,800 248,000 256,000 273,300 294,000 312,000 322,000 341,900 403,600
Hennepin County 219,600 230,500 241,000 259,000 281,000 298,400 307,600 326,300 379,000
Please Note: "Single Family Residential" refers to the values of detached, On-Lake and Off-Lake single family residential properties only. It does not include condominiums, townhouses, or additional parcels associated with the primary
parcel. All values reported above are representative of only the previously described parcels.
21
City of New Hope – 2023 Truth in Taxation
Assessor's Numbers
Total Tax Levy (City/School/County)
Single-Family Properties
• 4,723 total properties
Homes Percentage
2 0.04% 20% decrease
0 0% 15-19.9% decrease
0 0% 10-14.9% decrease
108 2.29% 5-9.9% decrease
26 0.55% 0-4.9% decrease
136 2.88% will see a decrease
Homes Percentage
800 16.95% 0.1-4.9% increase
1,588 33.62% 5-9.9% increase
1,786 37.81% 10-14.9% increase
318 6.73% 15-19.9% increase
95 2.01% 20% increase
4,587 97.12% will see an increase
Single Family Property Tax Summary
• Approximately 3% of properties will see a decrease
• Approximately 71% of properties will see an increase between 5% and 14.9%
• Of those seeing an increase, the amount will be between $0.01 and $150 for 13% of properties,
between $150.01 and $300 for 24% of properties, between $300.01 and $450 for 19% of properties,
between $450.01 and $600 for 26% of properties, and between $600.01 and $750 for 11% of properties
Commercial & Industrial Properties
• 160 total properties
• 0 will see a decrease of 15% or less
• 1 (<1%) will see a decrease between 10% and 14.9%
• 21 (13%) will see a decrease between 5% and 9.9%
• 57 (36%) will see a decrease between 0% and 4.9%
• 52 (32%) will see an increase between 0.1% and 4.9%
• 7 (4%) will see an increase between 5% and 9.9%
• 8 (5%) will see an increase between 10% and 14.9%
• 5 (3%) will see an increase between 15% and 19.9%
• 9 (6%) will see an increase of 20% or more
Apartment Properties
• 84 total properties
• 0 will see a decrease of 10% or less
• 1 (1%) will see a decrease between 5% and 9.9%
• 34 (40%) will see a decrease between 0% and 4.9%
• 40 (48%) will see an increase between 0.1% and 4.9%
• 8 (10%) will see an increase between 5% and 9.9%
• 1 (1%) will see an increase between 10% and 14.9%
# % # % # % # % # % # % # % # % # % # %
20 Bloomington 25,596 27 0.11%93 0.36%145 0.57%526 2.06%1,830 7.15%6,428 25.10%10,492 40.99%4,682 18.29%1,062 4.15%311 1.22%
22 Brooklyn Center 7,430 7 0.09%1 0.01%3 0.04%2 0.03%31 0.42%277 3.72%1,181 15.90%4,513 60.74%1,188 15.99%227 3.06%
48 Brooklyn Park 21,187 25 0.12%39 0.18%137 0.65%441 2.08%1,270 5.99%3,562 16.82%5,712 26.96%5,037 23.77%3,330 15.72%1,634 7.71%
50 Champlin 7,258 4 0.06%1 0.01%2 0.03%4 0.06%194 2.67%336 4.62%2,652 36.54%3,313 45.65%607 8.36%145 2.00%
14 Chanhassen - - 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%
52 Corcoran 1,775 1 0.06%- 0.00%5 0.28%27 1.52%114 6.42%323 18.19%539 30.37%410 23.10%199 11.21%157 8.85%
54 Crystal 6,943 - 0.00%1 0.01%- 0.00%5 0.07%65 0.94%158 2.28%3,980 57.32%2,463 35.47%154 2.22%117 1.69%
56 Dayton 2,002 1 0.05%7 0.35%7 0.35%152 7.59%589 29.42%850 42.46%314 15.68%29 1.45%16 0.80%37 1.85%
59 Deephaven 1,165 1 0.09%- 0.00%- 0.00%1 0.09%15 1.29%107 9.17%431 37.00%457 39.23%125 10.73%28 2.40%
61 Eden Prairie 18,487 - 0.00%1 0.01%1 0.01%53 0.29%581 3.14%4,058 21.94%5,182 28.03%6,135 33.19%2,156 11.66%320 1.73%
24 Edina 15,726 6 0.04%10 0.06%39 0.25%153 0.97%1,431 9.10%3,712 23.62%5,173 32.89%3,833 24.37%1,068 6.79%301 1.91%
63 Excelsior 476 1 0.21%- 0.00%2 0.42%17 3.57%74 15.55%142 29.83%89 18.70%61 12.82%39 8.19%51 10.71%
28 Golden Valley 6,714 2 0.03%1 0.01%4 0.06%12 0.18%157 2.34%1,070 15.94%3,130 46.62%1,642 24.46%573 8.53%123 1.83%
65 Greenfield 722 - 0.00%- 0.00%- 0.00%2 0.28%27 3.74%167 23.14%232 32.13%153 21.19%84 11.63%57 7.89%
19 Greenwood 250 1 0.40%- 0.00%1 0.40%2 0.80%25 10.00%40 16.00%34 13.60%42 16.80%30 12.00%75 30.00%
67 Hanover 158 - 0.00%- 0.00%- 0.00%- 0.00%4 2.53%81 51.27%52 32.91%10 6.33%5 3.16%6 3.80%
30 Hopkins 3,847 - 0.00%- 0.00%1 0.03%17 0.44%248 6.45%836 21.73%1,318 34.26%1,013 26.33%366 9.51%48 1.25%
70 Independence 853 - 0.00%1 0.12%9 1.06%69 8.09%231 27.08%324 37.98%128 15.01%57 6.68%20 2.34%14 1.64%
72 Long Lake 528 - 0.00%1 0.19%5 0.95%10 1.89%85 16.10%166 31.43%147 27.84%57 10.80%21 3.98%36 6.82%
74 Loretto 163 - 0.00%- 0.00%- 0.00%- 0.00%47 28.83%48 29.45%60 36.81%5 3.07%1 0.61%2 1.23%
76 Maple Grove 21,612 9 0.04%1 0.00%2 0.01%70 0.32%570 2.64%2,731 12.64%6,176 28.58%8,786 40.65%2,565 11.87%702 3.25%
77 Maple Plain 469 - 0.00%- 0.00%1 0.21%2 0.43%14 2.99%148 31.54%220 46.91%67 14.29%12 2.56%5 1.07%
79 Medicine Lake 107 - 0.00%- 0.00%1 0.93%- 0.00%1 0.93%11 10.29%66 61.68%15 14.02%7 6.54%6 5.61%
80 Medina 1,935 5 0.26%8 0.41%16 0.83%61 3.15%145 7.49%411 21.25%507 26.20%549 28.37%147 7.60%86 4.44%
01 Minneapolis 86,164 406 0.47%587 0.68%3,609 4.19%11,951 13.87%13,698 15.90%21,487 24.93%19,428 22.55%10,196 11.83%3,574 4.15%1,228 1.43%
34 Minnetonka 16,616 23 0.14%6 0.04%81 0.49%517 3.11%1,688 10.16%4,510 27.14%6,191 37.26%2,790 16.79%519 3.12%291 1.75%
82 Minnetonka Beach 183 1 0.55%- 0.00%7 3.83%22 12.02%19 10.38%45 24.58%46 25.14%13 7.10%9 4.92%21 11.48%
36 Minnetrista 2,243 1 0.04%4 0.18%7 0.31%38 1.69%254 11.32%704 31.40%498 22.20%368 16.41%179 7.98%190 8.47%
85 Mound 3,470 5 0.14%3 0.09%4 0.12%32 0.92%202 5.82%829 23.90%1,063 30.63%794 22.88%285 8.21%253 7.29%
86 New Hope 4,723 2 0.04%- 0.00%- 0.00%108 2.29%26 0.55%800 16.95%1,588 33.62%1,786 37.81%318 6.73%95 2.01%
38 Orono 2,487 5 0.20%5 0.20%60 2.41%88 3.54%471 18.94%687 27.63%565 22.72%352 14.15%119 4.78%135 5.43%
88 Osseo 635 - 0.00%- 0.00%- 0.00%- 0.00%1 0.16%4 0.63%118 18.58%123 19.37%152 23.94%237 37.32%
40 Plymouth 22,765 4 0.02%3 0.01%18 0.08%101 0.44%1,794 7.88%7,290 32.02%9,784 42.98%3,089 13.57%571 2.51%111 0.49%
42 Richfield 9,338 2 0.02%22 0.24%43 0.46%131 1.40%451 4.83%2,030 21.74%2,651 28.39%3,103 33.23%702 7.52%203 2.17%
44 Robbinsdale 4,297 1 0.02%1 0.02%1 0.02%6 0.14%150 3.49%191 4.46%687 15.99%1,309 30.46%1,373 31.95%578 13.45%
90 Rockford 65 - 0.00%- 0.00%- 0.00%1 1.54%- 0.00%- 0.01%7 10.77%36 55.38%17 26.15%4 6.15%
92 Rogers 3,455 3 0.09%- 0.00%3 0.09%8 0.23%118 3.42%688 19.91%1,979 57.28%489 14.15%151 4.37%16 0.46%
94 Saint Anthony 1,719 - 0.00%2 0.12%2 0.12%37 2.15%479 27.87%901 52.40%221 12.86%67 3.90%5 0.29%5 0.29%
95 Saint Bonifacius 764 - 0.00%4 0.52%54 7.07%28 3.66%143 18.72%230 30.11%241 31.54%35 4.58%21 2.75%8 1.05%
46 Saint Louis Park 13,835 3 0.02%2 0.01%4 0.03%20 0.14%713 5.15%845 6.12%2,491 18.01%6,002 43.38%2,539 18.35%1,216 8.79%
26 Shorewood 2,226 2 0.09%1 0.04%7 0.31%31 1.39%142 6.38%286 12.87%480 21.56%478 21.47%328 14.73%471 21.16%
17 Spring Park 353 1 0.28%- 0.00%- 0.00%2 0.57%- 0.00%11 3.11%32 9.07%46 13.03%105 29.75%156 44.19%
97 Tonka Bay 509 1 0.20%- 0.00%1 0.20%8 1.57%46 9.04%65 12.77%65 12.77%42 8.25%180 35.36%101 19.84%
99 Wayzata 1,289 3 0.23%3 0.23%64 4.97%108 8.38%303 23.51%301 23.36%217 16.83%164 12.72%61 4.73%65 5.04%
15 Woodland 126 - 0.00%- 0.00%- 0.00%3 2.38%1 0.79%7 5.56%49 38.89%53 42.06%5 3.97%8 6.35%
236,501 147 0.06%221 0.09%737 0.31%2,915 1.23%14,749 6.24%46,410 19.63%76,788 32.47%64,468 27.26%21,414 9.05%8,652 3.66%
322,665 553 0.17%808 0.25%4,346 1.35%14,866 4.61%28,447 8.82%67,897 21.04%96,216 29.82%74,664 23.14%24,988 7.74%9,880 3.06%
Note: A property (PID) is included in this table only if it has the same homestead/non-homestead classification for both tax years (payable 2022 and proposed 2023).
A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2023 taxes (2022 assessment).
less than (-20.0%) 20.0% and over(9.9%) - (5.0%)
Decrease/No Change
Number and Percent of Property by Percent of Tax Change
County
15.0% - 19.9%10.0% - 14.9%5.0% - 9.9%(19.9%) - (15.0%)
Suburban
Change
(4.9%) - 0.0%
Increase
(14.9%) - (10.0%)
Hennepin County Property Tax Comparison - Based on Payable 2022 Taxes and Proposed 2023 TRUTH IN TAXATION
RESIDENTIAL SINGLE FAMILY PROPERTIES
Munic
Code Municipality Name Total # of
PIDs
.1% - 4.9%
# % # % # % # % # % # % # % # % # % # % # % # % # %
20 Bloomington 25,596 15 0.06% 24 0.09% 42 0.16% 263 1.03% 559 2.18% 1,718 6.73% 5,130 20.04% 8,255 32.25% 4,890 19.10% 2,379 9.29% 935 3.65% 455 1.78% 931 3.64%
22 Brooklyn Center 7,430 5 0.07% 1 0.01% 2 0.03% 2 0.03% 5 0.07% 29 0.39% 293 3.94% 1,191 16.03% 4,441 59.77% 1,234 16.61% 167 2.25% 24 0.32% 36 0.48%
48 Brooklyn Park 21,187 104 0.49% 52 0.25% 112 0.53% 177 0.84% 435 2.05% 1,032 4.85% 3,184 15.03% 4,706 22.21% 4,408 20.81% 3,183 15.02% 1,980 9.35% 1,141 5.39% 673 3.18%
50 Champlin 7,258 4 0.06% - 0.00% 2 0.03% 2 0.03% 44 0.61% 153 2.09% 267 3.68% 2,038 28.08% 3,379 46.56% 806 11.10% 232 3.20% 128 1.76% 203 2.80%
14 Chanhassen - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
52 Corcoran 1,775 10 0.56% 7 0.39% 12 0.68% 15 0.85% 25 1.41% 78 4.39% 140 7.89% 254 14.31% 299 16.85% 256 14.42% 210 11.83% 153 8.62% 316 17.80%
54 Crystal 6,943 2 0.03% - 0.00% - 0.00% - 0.00% 13 0.19% 56 0.80% 93 1.34% 3,063 44.12% 2,929 42.19% 616 8.87% 125 1.80% 25 0.36% 21 0.30%
56 Dayton 2,002 4 0.20% 1 0.05% 17 0.85% 85 4.25% 218 10.89% 431 21.51% 632 31.57% 397 19.83% 99 4.95% 79 3.95% 11 0.55% 10 0.50% 18 0.90%
59 Deephaven 1,165 2 0.17% - 0.00% 1 0.09% 1 0.09% 1 0.09% 12 1.02% 13 1.12% 76 6.52% 154 13.22% 172 14.76% 131 11.24% 114 9.79% 488 41.89%
61 Eden Prairie 18,487 6 0.03% 5 0.03% 3 0.02% 43 0.23% 79 0.43% 500 2.70% 3,198 17.30% 2,788 15.08% 2,557 13.83% 3,060 16.55% 2,323 12.57% 1,361 7.36% 2,564 13.87%
24 Edina 15,726 117 0.74% 17 0.11% 16 0.10% 54 0.34% 151 0.96% 1,284 8.18% 2,450 15.58% 1,735 11.03% 1,543 9.81% 1,846 11.74% 2,114 13.44% 1,268 8.06% 3,131 19.91%
63 Excelsior 476 4 0.84% - 0.00% 3 0.63% 23 4.83% 33 6.93% 31 6.52% 48 10.08% 73 15.34% 70 14.71% 37 7.77% 18 3.78% 18 3.78% 118 24.79%
28 Golden Valley 6,714 5 0.07% 1 0.01% 3 0.04% 3 0.04% 9 0.13% 155 2.34% 448 6.67% 1,670 24.87% 1,659 24.71% 1,174 17.49% 586 8.73% 242 3.60% 759 11.30%
65 Greenfield 722 1 0.14% - 0.00% - 0.00% 5 0.69% 8 1.11% 15 2.08% 72 9.97% 105 14.54% 148 20.50% 120 16.62% 71 9.83% 47 6.51% 130 18.01%
19 Greenwood 250 2 0.80% 1 0.40% 1 0.40% 2 0.80% 7 2.80% 16 6.40% 19 7.60% 17 6.80% 12 4.80% 9 3.60% 12 4.80% 6 2.40% 146 58.40%
67 Hanover 158 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 4 2.53% 45 28.48% 58 36.71% 21 13.29% 13 8.23% 5 3.16% 3 1.90% 9 5.70%
30 Hopkins 3,847 1 0.03% - 0.00% 2 0.05% 5 0.13% 26 0.68% 232 6.01% 1,257 32.67% 590 15.34% 503 13.08% 577 15.00% 260 6.76% 116 3.02% 278 7.23%
70 Independence 853 16 1.88% 10 1.17% 22 2.58% 44 5.16% 104 12.19% 115 13.48% 197 23.09% 110 12.90% 57 6.68% 61 7.15% 41 4.81% 30 3.52% 46 5.39%
72 Long Lake 528 5 0.95% 1 0.19% 5 0.95% 4 0.76% 14 2.65% 72 13.62% 107 20.27% 132 25.00% 72 13.64% 47 8.90% 44 8.33% 8 1.52% 17 3.22%
74 Loretto 163 - 0.00% - 0.00% - 0.00% 2 1.23% 8 4.91% 37 22.69% 33 20.25% 60 36.81% 18 11.04% 2 1.23% - 0.00% - 0.00% 3 1.84%
76 Maple Grove 21,612 14 0.06% 4 0.02% 6 0.03% 48 0.22% 63 0.29% 517 2.41% 2,531 11.71% 3,650 16.89% 5,189 24.01% 4,643 21.48% 2,147 9.93% 1,230 5.69% 1,570 7.26%
77 Maple Plain 469 - 0.00% - 0.00% - 0.00% 1 0.21% 3 0.64% 13 2.77% 106 22.60% 171 36.46% 118 25.16% 40 8.53% 9 1.92% 6 1.28% 2 0.43%
79 Medicine Lake 107 1 0.93% - 0.00% - 0.00% - 0.00% - 0.00% 1 0.93% 2 1.87% 4 3.74% 8 7.48% 12 11.21% 13 12.15% 10 9.35% 56 52.34%
80 Medina 1,935 56 2.89% 18 0.93% 18 0.93% 30 1.55% 34 1.76% 79 4.08% 221 11.42% 206 10.65% 168 8.68% 238 12.30% 168 8.68% 172 8.89% 527 27.24%
01 Minneapolis 86,164 2,435 2.83% 1,391 1.61% 2,337 2.71% 3,843 4.46% 8,148 9.46% 12,098 14.05% 17,002 19.73% 19,573 22.72% 12,282 14.25% 4,569 5.30% 1,201 1.39% 554 0.64% 731 0.85%
34 Minnetonka 16,616 81 0.49% 23 0.14% 59 0.36% 128 0.77% 417 2.51% 1,607 9.67% 2,646 15.92% 3,371 20.29% 3,275 19.71% 2,129 12.81% 1,142 6.87% 629 3.79% 1,109 6.67%
82 Minnetonka Beach 183 36 19.67% 3 1.64% 3 1.64% 2 1.09% - 0.00% 5 2.74% 12 6.56% 10 5.46% 6 3.28% 7 3.83% 5 2.73% 8 4.37% 86 46.99%
36 Minnetrista 2,243 11 0.49% 2 0.09% 6 0.27% 20 0.89% 79 3.52% 186 8.28% 477 21.27% 290 12.93% 245 10.92% 209 9.32% 183 8.16% 117 5.22% 418 18.64%
85 Mound 3,470 8 0.23% 4 0.12% 5 0.14% 25 0.72% 52 1.50% 153 4.41% 896 25.82% 1,092 31.47% 450 12.97% 153 4.41% 71 2.05% 73 2.10% 488 14.06%
86 New Hope 4,723 3 0.06% - 0.00% 2 0.04% 1 0.02% 76 1.61% 54 1.15% 611 12.94% 1,150 24.35% 883 18.70% 1,217 25.77% 532 11.26% 140 2.96% 54 1.14%
38 Orono 2,487 34 1.37% 14 0.56% 57 2.29% 59 2.37% 110 4.42% 355 14.28% 404 16.24% 199 8.00% 134 5.39% 138 5.55% 128 5.15% 102 4.10% 753 30.28%
88 Osseo 635 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 0.17% 130 20.47% 28 4.41% 63 9.92% 134 21.10% 137 21.57% 92 14.49% 50 7.87%
40 Plymouth 22,765 26 0.11% 5 0.02% 6 0.03% 30 0.13% 222 0.98% 1,631 7.15% 5,166 22.69% 6,182 27.16% 4,576 20.10% 2,196 9.65% 1,126 4.95% 748 3.29% 851 3.74%
42 Richfield 9,338 18 0.19% 6 0.06% 9 0.10% 20 0.21% 157 1.68% 441 4.74% 1,687 18.07% 2,105 22.54% 2,487 26.63% 1,715 18.37% 415 4.44% 148 1.58% 130 1.39%
44 Robbinsdale 4,297 1 0.02% - 0.00% 1 0.02% 2 0.05% 6 0.14% 149 3.47% 180 4.19% 454 10.57% 1,045 24.32% 1,440 33.51% 699 16.27% 206 4.79% 114 2.65%
90 Rockford 65 - 0.00% - 0.00% - 0.00% - 0.00% 1 1.54% - 0.00% - 0.00% 8 12.31% 26 40.00% 19 29.23% 3 4.62% 4 6.15% 4 6.15%
92 Rogers 3,455 3 0.09% - 0.00% 1 0.03% 6 0.17% 22 0.64% 100 2.89% 277 8.02% 1,122 32.47% 1,259 36.44% 398 11.52% 125 3.62% 62 1.79% 80 2.32%
94 Saint Anthony 1,719 3 0.17% 1 0.06% 9 0.52% 18 1.05% 100 5.82% 389 22.64% 524 30.48% 399 23.21% 158 9.19% 66 3.84% 22 1.28% 10 0.58% 20 1.16%
95 Saint Bonifacius 764 - 0.00% 1 0.13% 6 0.79% 39 5.10% 30 3.93% 153 20.02% 235 30.76% 238 31.15% 29 3.80% 4 0.52% 10 1.31% 13 1.70% 6 0.79%
46 Saint Louis Park 13,835 5 0.04% 1 0.01% 4 0.03% 10 0.07% 40 0.29% 682 4.91% 660 4.77% 1,513 10.94% 2,779 20.09% 3,221 23.28% 2,101 15.19% 1,202 8.69% 1,617 11.69%
26 Shorewood 2,226 15 0.67% 1 0.04% 6 0.27% 33 1.48% 35 1.57% 93 4.20% 158 7.10% 179 8.04% 193 8.67% 198 8.89% 200 8.98% 122 5.48% 993 44.61%
17 Spring Park 353 1 0.28% - 0.00% - 0.00% - 0.00% 2 0.57% - 0.00% 11 3.12% 42 11.90% 14 3.97% 19 5.38% 43 12.18% 41 11.61% 180 50.99%
97 Tonka Bay 509 10 1.96% 1 0.20% 7 1.38% 3 0.59% 10 1.96% 25 4.91% 24 4.72% 22 4.32% 35 6.88% 54 10.61% 42 8.25% 27 5.30% 249 48.92%
99 Wayzata 1,289 143 11.09% 32 2.48% 40 3.10% 57 4.42% 76 5.90% 133 10.32% 158 12.26% 173 13.42% 61 4.73% 63 4.89% 46 3.57% 41 3.18% 266 20.64%
15 Woodland 126 - 0.00% - 0.00% 1 0.79% - 0.00% 1 0.79% 2 1.59% 2 1.59% 6 4.76% 10 7.94% 14 11.11% 12 9.52% 7 5.56% 71 56.35%
236,501 772 0.33% 236 0.10% 489 0.21% 1,262 0.53% 3,275 1.38% 12,739 5.39% 34,744 14.69% 49,932 21.11% 50,470 21.34% 33,998 14.38% 18,644 7.88% 10,359 4.38% 19,581 8.28%
322,665 3,207 0.99% 1,627 0.50% 2,826 0.88% 5,105 1.58% 11,423 3.54% 24,837 7.70% 51,746 16.04% 69,505 21.54% 62,752 19.45% 38,567 11.95% 19,845 6.15% 10,913 3.38% 20,312 6.30%
Note: A property (PID) is included in this table only if it has the same homestead/non-homestead classification for both tax years (payable 2022 and proposed 2023).
A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2023 taxes (2022 assessment).
Hennepin County Property Tax Comparison - Based on Payable 2022 Taxes and Proposed 2023 TRUTH IN TAXATION
Number and Percent of Property by Tax Change
$150.01 - $300.00($449.99) -
($300.00)$600.01 - $750.00
RESIDENTIAL SINGLE FAMILY PROPERTIES
$450.01 - $600.00 $750.01 - $900.00
Tax Change
Total # of
PIDs
County
($299.99) -
($150.00)
Suburban
($149.99) - $0.00less than ($750.00)$900.01 and overMunic
Code
($599.99) -
($450.00)Municipality Name $300.01 - $450.00($749.99) -
($600.00)$0.01 - $150.00
Decrease/No Change Increase
#%#%#%#%#%#%#%#%#%#%
20 Bloomington 780 1 0.13% 1 0.13% 8 1.03% 144 18.46% 233 29.87% 211 27.05% 100 12.82% 48 6.15% 18 2.31% 16 2.05%
22 Brooklyn Center 154 1 0.65% - 0.00% 4 2.60% 3 1.95% 66 42.86% 26 16.88% 24 15.58% 16 10.39% 2 1.30% 12 7.79%
48 Brooklyn Park 447 2 0.45% 4 0.89% 7 1.57% 78 17.45% 70 15.66% 173 38.70% 51 11.41% 24 5.37% 11 2.46% 27 6.04%
50 Champlin 120 - 0.00% - 0.00% 5 4.17% 38 31.67% 51 42.50% 8 6.66% 7 5.83% 2 1.67% 8 6.67% 1 0.83%
14 Chanhassen 15 - 0.00% - 0.00% - 0.00% 1 6.67% 3 20.00% 6 39.99% 4 26.67% - 0.00% - 0.00% 1 6.67%
52 Corcoran 43 - 0.00% 1 2.33% - 0.00% 2 4.65% 4 9.30% 20 46.51% 2 4.65% 3 6.98% 3 6.98% 8 18.60%
54 Crystal 128 - 0.00% - 0.00% 2 1.56% 17 13.28% 60 46.88% 18 14.06% 14 10.94% 6 4.69% 3 2.34% 8 6.25%
56 Dayton 55 2 3.64% 2 3.64% 5 9.09% 11 20.00% 8 14.55% 6 10.90% 7 12.73% 4 7.27% 3 5.45% 7 12.73%
59 Deephaven 20 - 0.00% - 0.00% - 0.00% 17 85.00% 3 15.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
61 Eden Prairie 533 24 4.50% - 0.00% 12 2.25% 178 33.40% 185 34.71% 75 14.07% 35 6.57% 13 2.44% 3 0.56% 8 1.50%
24 Edina 390 5 1.28% 1 0.26% 11 2.82% 71 18.21% 147 37.69% 32 8.21% 38 9.74% 24 6.15% 21 5.38% 40 10.26%
63 Excelsior 94 3 3.19% 1 1.06% 3 3.19% 10 10.64% 61 64.89% 2 2.14% 3 3.19% - 0.00% 1 1.06% 10 10.64%
28 Golden Valley 237 1 0.42% 3 1.27% - 0.00% 23 9.70% 102 43.04% 40 16.89% 33 13.92% 12 5.06% 12 5.06% 11 4.64%
65 Greenfield 20 - 0.00% - 0.00% - 0.00% 5 25.00% 9 45.00% 5 25.00% 1 5.00% - 0.00% - 0.00% - 0.00%
19 Greenwood 6 - 0.00% - 0.00% - 0.00% 4 66.67% 1 16.67% 1 16.66% - 0.00% - 0.00% - 0.00% - 0.00%
67 Hanover - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
30 Hopkins 270 1 0.37% 1 0.37% 2 0.74% 32 11.85% 138 51.11% 42 15.56% 32 11.85% 4 1.48% 3 1.11% 15 5.56%
70 Independence 11 - 0.00% - 0.00% - 0.00% 2 18.18% 4 36.36% 3 27.28% - 0.00% 2 18.18% - 0.00% - 0.00%
72 Long Lake 65 2 3.08% - 0.00% 1 1.54% 15 23.08% 10 15.38% 7 10.77% 9 13.85% 17 26.15% - 0.00% 4 6.15%
74 Loretto 22 - 0.00% - 0.00% 2 9.09% 9 40.91% 4 18.18% 3 13.63% - 0.00% - 0.00% 3 13.64% 1 4.55%
76 Maple Grove 529 - 0.00% 2 0.38% 15 2.84% 111 20.98% 200 37.81% 83 15.69% 47 8.88% 37 6.99% 9 1.70% 25 4.73%
77 Maple Plain 55 3 5.45% - 0.00% 2 3.64% 13 23.64% 13 23.64% 21 38.17% - 0.00% 1 1.82% - 0.00% 2 3.64%
79 Medicine Lake 8 - 0.00% - 0.00% - 0.00% 4 50.00% - 0.00% - 0.00% 1 12.50% 3 37.50% - 0.00% - 0.00%
80 Medina 114 7 6.14% - 0.00% 3 2.63% 23 20.18% 11 9.65% 24 21.05% 19 16.67% 11 9.65% 6 5.26% 10 8.77%
01 Minneapolis 3,560 48 1.35% 59 1.66% 122 3.43% 479 13.46% 1,068 30.00% 644 18.08% 567 15.93% 521 14.63% 20 0.56% 32 0.90%
34 Minnetonka 376 - 0.00% 1 0.27% 4 1.06% 142 37.77% 107 28.46% 59 15.68% 51 13.56% 5 1.33% 1 0.27% 6 1.60%
82 Minnetonka Beach - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
36 Minnetrista - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
85 Mound 62 3 4.84% 7 11.29% 12 19.35% 26 41.94% 9 14.52% 1 1.61% 3 4.84% - 0.00% - 0.00% 1 1.61%
86 New Hope 160 - 0.00% - 0.00% 1 0.63% 21 13.13% 57 35.63% 52 32.47% 7 4.38% 8 5.00% 5 3.13% 9 5.63%
38 Orono 33 1 3.03% - 0.00% 4 12.12% 19 57.58% 2 6.06% 1 3.03% 1 3.03% 1 3.03% - 0.00% 4 12.12%
88 Osseo 110 2 1.82% - 0.00% - 0.00% 16 14.55% 53 48.18% 17 15.44% 13 11.82% 3 2.73% 2 1.82% 4 3.64%
40 Plymouth 494 3 0.61% - 0.00% 3 0.61% 121 24.49% 180 36.44% 91 18.40% 27 5.47% 35 7.09% 3 0.61% 31 6.28%
42 Richfield 208 2 0.96% 1 0.48% 1 0.48% 43 20.67% 82 39.42% 28 13.48% 18 8.65% 9 4.33% 5 2.40% 19 9.13%
44 Robbinsdale 77 1 1.30% - 0.00% 3 3.90% 13 16.88% 31 40.26% 14 18.18% 5 6.49% 5 6.49% 2 2.60% 3 3.90%
90 Rockford 10 - 0.00% - 0.00% - 0.00% 1 10.00% 5 50.00% - 0.00% 2 20.00% 2 20.00% - 0.00% - 0.00%
92 Rogers 242 2 0.83% - 0.00% 1 0.41% 56 23.14% 75 30.99% 30 12.39% 27 11.16% 14 5.79% 14 5.79% 23 9.50%
94 Saint Anthony 63 - 0.00% - 0.00% 3 4.76% 3 4.76% 19 30.16% 17 26.98% 15 23.81% 5 7.94% - 0.00% 1 1.59%
95 Saint Bonifacius 31 1 3.23% 4 12.90% 5 16.13% 11 35.48% 2 6.45% 4 12.91% 2 6.45% - 0.00% - 0.00% 2 6.45%
46 Saint Louis Park 522 - 0.00% - 0.00% 4 0.77% 42 8.05% 228 43.68% 110 21.07% 92 17.62% 24 4.60% 8 1.53% 14 2.68%
26 Shorewood 23 1 4.35% - 0.00% - 0.00% 4 17.39% 11 47.83% 2 8.69% 4 17.39% - 0.00% 1 4.35% - 0.00%
17 Spring Park 44 - 0.00% 1 2.27% 4 9.09% 22 50.00% 14 31.82% 2 4.55% - 0.00% 1 2.27% - 0.00% - 0.00%
97 Tonka Bay 6 - 0.00% - 0.00% - 0.00% - 0.00% 2 33.33% - 0.00% 1 16.67% 1 16.67% - 0.00% 2 33.33%
99 Wayzata 91 - 0.00% 1 1.10% 5 5.49% 60 65.93% 14 15.38% 2 2.21% 1 1.10% 2 2.20% - 0.00% 6 6.59%
15 Woodland - - 0.00% - 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00% -
6,668 68 1.02%31 0.46%132 1.98%1,411 21.16%2,274 34.10%1,236 18.55%696 10.44%342 5.13%147 2.20%331 4.96%
10,228 116 1.13%90 0.88%254 2.48%1,890 18.48%3,342 32.68%1,880 18.38%1,263 12.35%863 8.44%167 1.63%363 3.55%
Note: A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2023 taxes (2022 assessment).
Only property of type "C" or "I" are included in this table.
20.0% and over5.0% - 9.9%
Change
.1% - 4.9%
Hennepin County Property Tax Comparison - Based on Payable 2022 Taxes and Proposed 2023 TRUTH IN TAXATION
COMMERCIAL AND INDUSTRIAL PROPERTIES (excluding vacant land)
Suburban
(4.9%) - 0.0%(9.9%) - (5.0%)(14.9%) - (10.0%)(19.9%) - (15.0%) 10.0% - 14.9%
Number and Percent of Property by Percent of Tax Change
Increase
County
Munic
Code Municipality Name Total # of
PIDs
Decrease/No Change
15.0% - 19.9%less than (20.0%)
#%#%#%#%#%#%#%#%#%#%
20 Bloomington 201 - 0.00% - 0.00% - 0.00% 11 5.47% 14 6.97% 78 38.80% 38 18.91% 47 23.38% 7 3.48% 6 2.99%
22 Brooklyn Center 57 - 0.00% - 0.00% - 0.00% 2 3.51% 1 1.75% 21 36.84% 16 28.07% 7 12.28% 6 10.53% 4 7.02%
48 Brooklyn Park 67 - 0.00% - 0.00% - 0.00% - 0.00% 46 68.66% 6 8.96% 5 7.46% 9 13.43% - 0.00% 1 1.49%
50 Champlin 13 - 0.00% - 0.00% - 0.00% - 0.00% 10 76.92% 3 23.08% - 0.00% - 0.00% - 0.00% - 0.00%
14 Chanhassen - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
52 Corcoran - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
54 Crystal 39 - 0.00% - 0.00% - 0.00% - 0.00% 2 5.13% 17 43.59% 14 35.90% 2 5.13% 3 7.69% 1 2.56%
56 Dayton - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
59 Deephaven - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
61 Eden Prairie 61 - 0.00% - 0.00% - 0.00% 14 22.95% 46 75.41% 1 1.64% - 0.00% - 0.00% - 0.00% - 0.00%
24 Edina 65 - 0.00% - 0.00% - 0.00% 6 9.23% 29 44.62% 21 32.30% 5 7.69% 3 4.62% 1 1.54% - 0.00%
63 Excelsior 18 - 0.00% - 0.00% - 0.00% - 0.00% 1 5.56% 9 49.99% 7 38.89% - 0.00% - 0.00% 1 5.56%
28 Golden Valley 25 - 0.00% - 0.00% - 0.00% - 0.00% 7 28.00% 9 36.00% 4 16.00% 5 20.00% - 0.00% - 0.00%
65 Greenfield - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
19 Greenwood 1 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 100.00% - 0.00% - 0.00% - 0.00% - 0.00%
67 Hanover - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
30 Hopkins 70 - 0.00% - 0.00% - 0.00% 18 25.71% 19 27.14% 12 17.16% 11 15.71% 4 5.71% 5 7.14% 1 1.43%
70 Independence - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
72 Long Lake 14 - 0.00% - 0.00% - 0.00% - 0.00% 10 71.43% 4 28.57% - 0.00% - 0.00% - 0.00% - 0.00%
74 Loretto 1 - 0.00% - 0.00% - 0.00% - 0.00% 1 100.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
76 Maple Grove 17 1 5.88% - 0.00% - 0.00% 5 29.41% 4 23.53% 6 35.30% 1 5.88% - 0.00% - 0.00% - 0.00%
77 Maple Plain 14 - 0.00% - 0.00% - 0.00% 1 7.14% 1 7.14% 11 78.58% 1 7.14% - 0.00% - 0.00% - 0.00%
79 Medicine Lake 4 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 4 100.00% - 0.00% - 0.00% - 0.00% - 0.00%
80 Medina 9 - 0.00% - 0.00% - 0.00% - 0.00% 1 11.11% 8 88.89% - 0.00% - 0.00% - 0.00% - 0.00%
01 Minneapolis 2,670 17 0.64% 47 1.76% 422 15.81% 532 19.93% 641 24.01% 456 17.06% 290 10.86% 136 5.09% 88 3.30% 41 1.54%
34 Minnetonka 44 - 0.00% - 0.00% - 0.00% 10 22.73% 10 22.73% 13 29.54% 7 15.91% 1 2.27% 3 6.82% - 0.00%
82 Minnetonka Beach - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
36 Minnetrista - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
85 Mound 17 - 0.00% - 0.00% 1 5.88% 5 29.41% 10 58.82% 1 5.89% - 0.00% - 0.00% - 0.00% - 0.00%
86 New Hope 84 - 0.00% - 0.00% - 0.00% 1 1.19% 34 40.48% 40 47.62% 8 9.52% 1 1.19% - 0.00% - 0.00%
38 Orono 2 - 0.00% - 0.00% 1 50.00% 1 50.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
88 Osseo 18 - 0.00% - 0.00% - 0.00% - 0.00% 3 16.67% 5 27.77% 10 55.56% - 0.00% - 0.00% - 0.00%
40 Plymouth 28 - 0.00% - 0.00% 1 3.57% 8 28.57% 11 39.29% 8 28.57% - 0.00% - 0.00% - 0.00% - 0.00%
42 Richfield 122 - 0.00% - 0.00% - 0.00% 11 9.02% 37 30.33% 56 45.90% 16 13.11% - 0.00% - 0.00% 2 1.64%
44 Robbinsdale 36 - 0.00% - 0.00% - 0.00% 3 8.33% 3 8.33% 27 75.01% 3 8.33% - 0.00% - 0.00% - 0.00%
90 Rockford 1 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 100.00% - 0.00% - 0.00% - 0.00% - 0.00%
92 Rogers 8 - 0.00% - 0.00% 1 12.50% - 0.00% 2 25.00% 3 37.50% 2 25.00% - 0.00% - 0.00% - 0.00%
94 Saint Anthony 5 - 0.00% - 0.00% - 0.00% 1 20.00% 1 20.00% 3 60.00% - 0.00% - 0.00% - 0.00% - 0.00%
95 Saint Bonifacius 2 - 0.00% - 0.00% - 0.00% 1 50.00% 1 50.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
46 Saint Louis Park 142 - 0.00% - 0.00% - 0.00% - 0.00% 3 2.11% 17 11.97% 51 35.92% 40 28.17% 18 12.68% 13 9.15%
26 Shorewood 3 - 0.00% - 0.00% 1 33.33% - 0.00% 1 33.33% 1 33.34% - 0.00% - 0.00% - 0.00% - 0.00%
17 Spring Park 7 - 0.00% - 0.00% 1 14.29% - 0.00% 3 42.86% 2 28.56% 1 14.29% - 0.00% - 0.00% - 0.00%
97 Tonka Bay - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
99 Wayzata 19 - 0.00% - 0.00% 2 10.53% 3 15.79% 13 68.42% 1 5.26% - 0.00% - 0.00% - 0.00% - 0.00%
15 Woodland - - - - - - - - - - -
1,214 1 0.08%- 0.00%8 0.66%101 8.32%324 26.69%389 32.05%200 16.47%119 9.80%43 3.54%29 2.39%
3,884 18 0.46%47 1.21%430 11.07%633 16.30%965 24.85%845 21.75%490 12.62%255 6.57%131 3.37%70 1.80%
Note: A property (PID) is included in this table only if it has the same homestead/non-homestead classification for both tax years (payable 2022 and proposed 2023).
A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2023 taxes (2022 assessment).
5.0% - 9.9% 10.0% - 14.9% 15.0% - 19.9% 20.0% and over
Hennepin County Property Tax Comparison - Based on Payable 2022 Taxes and Proposed 2023 TRUTH IN TAXATION
APARTMENTS
Number and Percent of Property by Percent of Tax Change
Change
less than (-20.0%)
Increase
.1% - 4.9%(4.9%) - 0.0%(9.9%) - (5.0%)(19.9%) - (15.0%)
County
Munic
Code Municipality Name Total #
of PIDs
Decrease/No Change
(14.9%) - (10.0%)
Suburban
2023 PRELIMINARY BUDGETNew Hope City Council Meeting• Dec. 5, 2022
Presentation OutlineReview performance measuresReview budget processReview budget initiatives Present preliminary tax levyReview estimated tax impact and tax rateReview specific budget elements2
2022 Performance MeasuresGeneralProfessional survey conducted by Morris Leatherman Company (400 households)Rating of the overall quality of life▲94% excellent or good; 6% fairPercent change in the taxable property market value▲6% increase ($2,177,389,934 payable in 2021; $2,308,596,615 payable in 2022)Citizens’ rating of the overall appearance of the city▲94% excellent or good; 7% fairBond rating* AACitizens’ rating of the quality of city recreational programs & facilities ▲88% as excellent or good; 11% fair; 2% don’t knowCitizen’s rating of the quality of communication/distribution of information▲80% excellent or good; 12% fair; 1% poor; 8% unsure3*= No significant change from last year▲= Increase from last year▼= Decrease from last year
2022 Performance MeasuresPublic SafetyPart I and II crime rates (for 2021)Group A – 1,240; Group B – 103 (new reporting system)Citizens’ rating of police protection in the community▲92% excellent or good; 9% fairAverage police response time (for 2020)▼3.40 minutes for Priority 1 callsInsurance industry rating of fire services (score reflects community’s preparedness)* 3 (scale is 1‐10 with Class 1 as best)Citizens’ rating of the quality of fire protection services ▲88% excellent or good; 2% fair; 10% unknownFire calls per 1,000 population▲53.12 (1,168 calls for service in 2021)4*= No significant change from last year▲= Increase from last year▼= Decrease from last year
2022 Performance MeasuresPublic WorksAverage city pavement rating index▲81 (76 in 2017, 2018, and 2019; 80 in 2020)Citizens’ rating of overall condition of city streets* 72% excellent or good; 25% fair; 3% poorCitizens’ rating of quality of snowplowing on city streets▲90% excellent or good; 9% fair; 1% poorCitizens’ rating of dependability & overall quality of city water supply▼86% excellent or good; 13% fair; 1% poorCitizens’ rating of the quality of stormwater management in the city▲65% excellent or good; 20% fair; 3% poor; 13% did not respondCitizens’ rating of the dependability & quality of city sanitary sewer service▼81% excellent or good; 13% fair; 1% poor, 6% did not respondNumber of sewer blockages on city system* 0 in 2022 (through 11/10)5*= No significant change from last year▲= Increase from last year▼= Decrease from last year
Budget ProcessSeptember 12, 2022, Council MeetingApproved 2023 preliminary tax supported budgetsApproved 2023 preliminary tax levy (maximum amount)September 19, 2022, Work SessionReviewed general fund budget detail6
Budget ProcessOctober 17, 2022, Work SessionUtility and enterprise fund budgets reviewed with city manager, Abdo and department headsHRG budget/program/rates discussedUtility rate recommendations reviewedNovember 21, 2022, Work SessionCounty assessor information reviewedCity services survey results presentedBudget public hearing presentation reviewed7
Budget ProcessDecember 5, 2022Public input meetingDecember 12, 2022, Council MeetingFinal budget approvedUtility/recycling rate changes approvedCertify final levy to Hennepin County Auditor and Department of Revenue8
2023 Budget InitiativesKey points:Hold the line on spending; continue to provide existing services and programs with current resourcesKeep the general fund tax levy/property taxes as low as possibleGeneral Fund fund balance maintains close to 50% of expenditures if this budget is maintainedPursue outside funding opportunities for infrastructure and facility improvements and other programs including public safety, parks and recreation, public works and housing/redevelopmentImplement 5% annual increase in street and park infrastructure levies to fund capital improvements outlined in Pavement Management and Long‐Term Financial PlanContinue with EDA levy for redevelopment purposes and HRA levy to provide additional funding for the scattered site housing program9
2023 Budget InitiativesKey points:Central Garage equipment replacement costs will be funded at 100% in the general fund and staff recommends using LGA funding for that purpose (not general operations)Overall safety is always the top priority of the police department and continuing an emphasis on building upon relationships with residents through our community engagement programsChief of Police recommending an additional staff member; Evidence Technician to oversee the evidence room and body worn camera tasks and a transition of the shared Embedded Social Worker Program from a shared position to New Hope having its sole use because of resident mental health needs and workloadCIP items include replacement of half (26) of the portable radios, two (2) stalker radar units, three (3) SWAT vests and bicycles and equipment for the bike unit10
2023 Budget InitiativesKey points:Continue support and coordination with West Metro Fire‐Rescue DistrictEmergency preparedness and EOC, in partnership with city of CrystalSupport long‐term capital plan based on major apparatus reportNew Hope’s share of JPA budget to increase $133,595 including annual lease payments for aerial and first year of new enginesContinue to budget annually for Station #3 improvements that are the city’s responsibility ($30,000 per year)Redevelopment will remain a high priority with a continued effort to seek out potential commercial and industrial redevelopment opportunitiesCoordinate with St. Therese Nursing Home on their multi‐phase renovation projectContinue to coordinate on scattered site housing program and curbside appeal reimbursement programProperty maintenance and inspections will continue as a top priority11
2023 Budget InitiativesKey points:Continue with infrastructure and environmental improvements; major CIP projects for 2023 includeStreet/water/sewer/storm water improvements in the Northwood East neighborhoodCoordination with MnDOT on the Bass Lake Road/62nd Avenue noise wall on TH 169Coordination with Hennepin County on 42nd and Boone Avenues signal and watermain replacement, trail, street lighting and monument signParks & Recreation initiatives:Operate new aquatic facility for a third seasonPark CIP projects include replacing playground equipment and basketball court at Liberty Park, Lighted Field baseball project (leveling of field, retrofit lights, new fencing), and purchase/replacement of picnic tables and replacement of older drinking fountainsImprovements at ice arena include south rink project, upgrades to concession stand, rebuild ice compressors and replace 3 water heaters and replacement of skate tile in south rink and bleacher caps in the north rinkGolf course improvements include maintenance garage updates, addition of cold storage space, replacement of fire system and updating fireplaceDirector of Parks and Recreation is recommending the addition of a golf course superintendent position12
2023 Budget InitiativesKey points:Continue Emerald Ash Borer program on public property and invasive species removal in parksContinue financial services contract with Abdo, update 10‐year financial plan; implement long‐term equipment schedule replacement program for all park and recreation facilities and prepare plan to internally fund phase two public works building and site improvementsContinue contractual arrangement with Solution Builders for IT servicesConduct city services survey, continue to encourage/improve public participation in city affairs and promote inclusiveness, continue to promote Nextdoor.com, update performance measurement report and SMART goals, conduct commissioner bus tour and other public events13
2023 Budget InitiativesKey points:Continue to update 10‐year pavement management and street infrastructure plans and monitor curbside residential organics collection programContinue participation in GreenSteps programStaff recommends incorporation of 3% cost of living adjustment for employees and a 50/50 cost share for employee insurance increases and budgeting to update compensation study for non‐union employees and council salary adjustment14
2023 Preliminary Tax LevyGeneral fund tax levy is $12,076,955, which is $683,601 or 6% increase over last yearTotal tax levy is $19,053,316, which is $822,305 or 4.51% increase over last year and includes:General FundStreet and Park Infrastructure FundsEDA LevyHRA LevyPrior Debt Levies15
2023 Preliminary Tax LevyTotal tax levy includes:5% (80,887) increase in street infrastructure levy2.24% (20,247) increase in park infrastructure levy 5% (7,650) increase in EDA levy for redevelopment projects5% (20,850) increase in HRA levy to achieve long‐term funding plan for scattered site housing program due to CDBG funding changes16
2023 Preliminary Tax LevyTotal tax levy includes:Prior Debt Levies:2015 City Center infrastructure2015 Northwood South infrastructure2016 Northwood North infrastructure2017 Police Department/City Hall2018 Pool and Park2019 Pool and ParkTwo of the bond debt levies are decreasing for a total of $2,993Four of the bond debt levies are increasing for a total of $12,063Overall, the combined debt levies are increasing by $9,070No new bonds for 202317
Property Tax Levy182022 Levied2023 RequestedIncrease / DecreaseProgram or serviceBase LevyGeneral fund 11,393,354$ 12,076,955$ 683,601$ 6.00 3.75 %Street Improvements 1,617,735 1,698,622 80,887 5.00 0.44 Park Improvements (1)904,938 925,185 20,247 2.24 0.11 Economic Development Authority 153,000 160,650 7,650 5.00 0.04 Housing and Redevelopment Authority 417,000 437,850 20,850 5.00 0.11 Debt Service‐ 2015A GO TIF Bonds (City Center) 235,227 237,853 2,626 1.12 0.01 2015B GO Imp Bonds (Northwoods South) 205,240 208,745 3,505 1.71 0.02 2016A GO Imp Bonds (Northwoods North) 262,502 263,709 1,207 0.46 0.01 2017A GO Bonds (Police Dept/City Hall) 1,706,828 1,705,515 (1,313) (0.08) (0.01) 2018A GO Tax Abatement Bonds (Pool and Park) 862,739 867,464 4,725 0.55 0.03 2019A GO Tax Abatement Bonds (Pool and Park Ph. 2) 472,448 470,768 (1,680) (0.36) (0.01) Total Property Taxes 18,231,011$ 19,053,316$ 822,305$ 4.51 4.51 %(1) Includes an increase of 5% as the annual Park Infrastructure Levy increase, plus an additional $500,000 levy to supportIce Arena debt service.% Change from Prior Year% of Total Change
Tax RateBased on current information:The city tax rate is projected to decrease from62.826% in 2022 to 57.225% in 2023The total tax rate is projected to decrease from138.107% in 2022 to 132.544% in 2023*Does not include rates for county, school or other districts.192021 2022 2023City Tax Rate 62.596% 62.826% 57.225%HRA Tax Rate 1.344% 1.497% 1.535%
City Tax Rate For Past 10 Years200.0010.0020.0030.0040.0050.0060.0070.002014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Hennepin County Assessor InformationSingle‐family residential property valuation in city increased approximately 18% for 2022Total taxable property market value in city increased 6% from 2020 to 2021 (payable 2022)Taking total tax levy into consideration (city/school district/county):Out of a total 4,723 single‐family properties, approximately 3% will see a decrease & 71% will see an increase between 5% and 14.9%21
Tax Capacity Information2023 tax levy impact will vary by property typeCommercial/Industrial properties have higher tax rates than Residential/Apartment propertiesTax impact is based on estimated market valueParcel specific tax estimates prepared by county22
Summary of Tax Capacities23Property Type 2020 Pay 2021 2021 Pay 2022 2022 Pay 2023% Increase / (decrease)Residential 12,717,695$ 13,791,310$ 16,598,033$ 20.35%Commercial / Industrial 9,465,719 9,594,259 10,865,579 13.25%Apartment 4,843,947 5,150,623 5,554,255 7.84%Total 27,027,361$ 28,536,192$ 33,017,867$ 15.71%New Hope Tax Capacities per the Assessorʹs Annual ReportSource: Hennepin County Assessorʹs Annual Assessment Report. The report does not include personal property values. Tax capacity estimates in the Assessorʹs Report will vary from the tax capacity that is certified for use in calculating the Cityʹs tax rate.
Countywide Estimated Market Value Growth24Property type 2020 2021 2022Agricultural 5.10% 1.90% 9.20%Apartment 5.80% 1.20% 6.10%Commercial 4.20%‐4.80% 1.80%Industrial 8.40% 4.40% 15.30%Residental 2.70% 4.20% 14.40%
Estimated Tax ImpactMedian home value in 2023 is $325,000, which is an 18% increase from 2022Current estimated impact on residential homes based on 4.51% increase in city tax levy is 8%For homes valued between $150,000 and $400,000 the tax increase estimate is $61 to $192252022 Market Value of a HomeTaxable Market Value 2022 Actual2023 Estimated$ Increase / (decrease) % Increase / (decrease)150,000$ 126,300$ 793$ 854$ 61$ 8%175,000 153,500 964 1,038 74 8%200,000 180,800 1,136 1,223 87 8%225,000 208,000 1,307 1,407 100 8%250,000 235,300 1,478 1,591 113 8%300,000 289,800 1,821 1,960 139 8%350,000 344,300 2,163 2,328 165 8%400,000 398,800 2,506 2,697 192 8%
Property Tax Relief Programs and Other ResourcesState provides direct property tax relief to taxpayersHomestead credit refundFree application assistance provided at local librariesProperty tax/renter’s refundwww.revenue.state.mn.us/property‐tax‐refundSpecial property tax refund (referred to as the targeting program)Senior Citizen Property Tax Deferral Program.Contact MN Dept of Revenue 651‐296‐4444 or www.revenue.state.mn.usProperty assessment video by Hennepin County, explains how property assessments are calculatedwww.hennepin.us/assessment26
General Fund Budget272021 2022Adopted Adopted 2021 to 2022 2021‐2022Budget Budget Increase % Increase$15,936,977 $16,179,193 $242,216 1.5%2022 2023Adopted Preliminary 2022 to 2023 2022‐2023Budget Budget Increase % Increase$16,179,193 $17,235,207 $1,056,014 6.5%
2023 Preliminary General FundMajor Budget Changes$643,628 increase to fund 3% increase in wages/benefits; increase includes evidence technician, new union contract rates, adjustment to health insurance contributions, and Council salary increase$145,000 increase for portable radios, due to phase out of current equipment$133,595 increase in West Metro Fire‐Rescue District joint powers agreement (includes aerial lease and two new truck leases)$62,158 increase in IT charges, including WatchGuard, records management through LETG, and LOGIS software28
2023 Preliminary General FundMajor Budget Changes$62,661 decrease in central garage charges$38,000 decrease in elections budget for election judge costs29
General Fund Revenues2021 & 2022 Adopted Budgets & 2023 Preliminary Budget30Taxes andfranchise feesIntergovernmental Charges and fees Other Transfers in2021 Budget$11,415,965 $1,490,177 $2,310,160 $270,000 $450,6752022 Budget$11,928,354 $1,524,542 $2,164,255 $260,000 $302,0422023 Preliminary$12,611,955 $1,502,330 $2,167,735 $235,000 $718,187 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000
General Fund Expenditures2021 & 2022 Adopted Budgets & 2023 Preliminary Budget31General government Public safety Public works Parks and recreation2021 Budget$2,061,129 $9,302,404 $1,655,393 $2,918,0512022 Budget$2,329,586 $9,276,503 $1,598,929 $2,974,1752023 Preliminary$2,426,061 $10,058,585 $1,616,757 $3,133,804 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000
Proposed 2023 Use of LGA2023 BudgetScheduled to receive $867,286 in LGA ($578 increase from 2022)Full LGA amount to be used for General Fund to offset central garage equipment and building replacement charges (100%)LGA not used for general operations32
2023 LGA Compared With Last 10 Years33 $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,0002013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Street & Park InfrastructureKey Points:New Hope does not assess taxable properties for street improvementsStreet and Park infrastructure improvements are paid through the general property tax levyA 5% increase for street infrastructure is proposed in the 2023 budget (increase of $80,887)A 5% increase for park infrastructure is proposed in the 2023 budget (increase of $20,247)Overall tax rate may appear high when compared to other cities due to New Hope including infrastructure improvements in general property tax levy rather than assessing to benefitting property owner (street levy is approximately 13% of local tax bill)34
Central Garage Fund Equipment/Vehicle ReplacementFunds are budgeted for both:Operations (gas, oil, tires, maintenance)Replacement (savings for future replacement)Includes variety of city vehicles/equipment (snowplows, police vehicles, trucks, etc.)Equipment replaced only when necessary –often delayedImplemented leasing agreement for new police vehicles in 2021/2022 to achieve savings on replacement costs35
36Increase Rate 2023 Rate 2022Water –base rate 4% $10.08 $9.69 Water –1to 10,000 gallons 4% $7.43 $7.14Water – 10,001 to 20,000 gallons 4% $8.07 $7.76Water – 20,001+ gallons & irrigation 4% $9.08 $8.73Water – commercial 4% $7.59 $7.30Utility Rates
37Increase Rate 2023 Rate 2022Sewer –1to 1,000 gallons 4% $10.10 $9.71Sewer – 1,001+ gallons 4% $6.71 $6.45Street lights 5% Non‐decorative $1.52Decorative $2.19Non‐decorative $1.45Decorative $2.09Storm drainage 4% Residential $9.50Non‐residential $14.25Residential $9.13Non‐residential $13.70Recycling 25% $5.00 $4.00Utility Rates
382023 Utility RatesIncreases necessary to pay for:Increasing water purchase costs from MinneapolisSewage disposal costs from MCESInfrastructure improvementsIncreasing cost of bulky waste curbside collectionImpact on average residential user (5,000 gallons H20):Overall rate increase of $4.86 per monthIncrease for 2022 was $3.90 per month
2023 Preliminary Budget DataCouncil and staff will continue to review budgets and programsTax supported and rate supported budgets will be reviewed and finalizedFinal document will be submitted to Council in December 2022 for adoptionBudget document also available at city hall 763‐531‐5117cityhall@newhopemn.gov39