The Roseville City Council has approved a property tax levy increase of 5.1 percent for 2020. The levy increase will help fund an adopted city budget of $62,493,655 for the year.
The levy approved by the Council will generate $22,641,770 in total revenue, with approximately $12.4 million coming from residential properties in the city.
The impact on homeowners will vary depending on a property’s value and its change in value compared to 2019. Based on an expected rise in property values of about 6.7 percent, the monthly cost of tax-supported city services for the owner of a $272,000 median-valued Roseville home will be $85.41 for 2020, an increase from the 2019 amount of $79.14.
The total budget adopted by the Council is an increase of $7,031,515 compared to Roseville’s 2019 budget. It continues to fund all existing city programs and services, eliminates the city’s reliance on cash reserves to balance the budget, covers inflationary costs for staff and equipment and the addition of public safety personnel. The bulk of the increase, however, is due to higher capital replacements, including $5 million in necessary maintenance to the Guidant John Rose Minnesota OVAL, for which the city is seeking state funding.
In 2019, the city’s portion of a typical Roseville homeowner’s tax bill was 29 to 30 percent of the total property tax bill, depending on the school district in which the property is located. The remaining portion of taxes paid by homeowners went to Ramsey County (40 to 42 percent), school districts (21 to 24 percent) and other taxing districts like the Metropolitan Council and watershed districts (7 percent).
For more information regarding Roseville’s budget or tax levy, visit www.cityofroseville.com/budgetinfo or contact Roseville Interim Finance Director Jason Schirmacher at 651-792-7032 or Jason.Schirmacher@cityofroseville.com.