Brooklyn Park Approves $ 53.6 Million Property Tax | Brooklyn park

Brooklyn Park City Council unanimously approved a $ 53.6 million property tax on Dec.6.

The 2022 levy will represent an increase of 5.9% over the levy approved in 2021.

The general fund drawdown was approved at $ 47.4 million, an increase from the general fund drawdown of $ 44.7 million in 2021.

The preliminary levy was approved at $ 48.7 million.

The following withdrawals were also approved: Heritage Fund, approximately $ 400,000; tax allowance, approximately $ 700,000; Economic Development Authority, approximately $ 1.3 million; Housing Redevelopment Authority, approximately $ 800,000; debt service based on fiscal capacity, $ 1 million; debt service based on referendums approved by voters, $ 2 million.

The city’s overall operating budget, which includes general fund revenues, special revenue funds, corporate funds for utilities and recreation services, and internal services funds totals $ 116.8 million. in revenue, an increase of 22% compared to 2021.

Total planned operating expenses for 2022 are $ 106 million, a 13% increase from 2021. Total capital projects for the city are budgeted at $ 31.2 million, down from to $ 39.8 million in 2021.

The planned spending in the capital improvement plan totals $ 27.2 million. The plan includes $ 1.6 million in general public building spending, $ 6.9 million in construction or rehabilitation of parks and recreation facilities, $ 5.1 million in utility spending and 13.4 million millions of dollars in transportation facility spending.

For 2022, $ 5.2 million is earmarked for the City’s capital plan. The expenditures budgeted in the plan include $ 2.8 million in vehicles and equipment, $ 987,500 in technological support and equipment and $ 1.4 million in miscellaneous support equipment.

The median home value has increased from $ 259,400 in 2020 to $ 272,600 in 2021. Median homeowners who haven’t seen any increase in their property’s value in the past year might expect a monthly increase of $ 4.49 in their municipal property taxes.

The same owner whose value increased by 5% could expect a $ 10.72 increase in his monthly taxes. If a median homeowner saw a 10% increase in value, they might expect their property taxes to increase by $ 16.95.

Council member Susan Pha called for the city to consider integrating funding for community violence intervention groups into the general fund budget in the coming years.

Board member Boyd Morson agreed with this view.

The city used US bailout funds to pay community groups such as Minnesota Acts Now and 21 Days of Peace to carry out outreach in neighborhoods most affected by violence, such as the 63rd intersection Avenue and Zane Avenue.

Other initiatives included in the budget are access to mental health resources for city public safety responders, recreational services included in the American Disabilities Act, firefighting personnel, and the ability to fund the city. city’s new racial equity and inclusion program.

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Penny D. Jackson