2016 Maple Grove Budget, Tax Levy Approved
Jan 05, 2016 10:05AM
● By Wendy Erlien
Maple Grove Government Center
The beginning of 2016 brings with it a new general fund budget cycle for the city of Maple Grove.
A few of the highlights about 2016 budget and tax levy, according to city council documents, include:
- The Maple Grove city budget for 2016 totals: $37,444,500 – a 3.58 percent increase over 2015.
- Increased funding in the 2016 budget includes for supplies, repairs and maintenance – building and equipment, boulevards/medians, street sweeping, seal coating, and for road materials (summer street maintenance and winter snow plowing). It also includes additional staff – a police officer and park keeper.
- Maple Grove “continues to experience fairly rapid development and accompanying population growth.” Estimated population as of April 1, 2015 was 65,870 and is anticipated to exceed 67,000 in 2016 – a 33% increase over the 2000 census.
- Property tax provides the majority of the funds for the city’s general fund (84 percent).
- The property tax levy increased 3.02%
City staff cited “steady growth” in residential, commercial, and industrial properties resulting in additional expenditures in areas of additional staffing, supplies, maintenance materials or third party agreements for municipal services.
“The city has implemented a number of cost saving measures that have impacted the 2015 and 2016 budgets, including delaying rehiring upon retirements and resignations, participating in group purchasing programs, and taking advantage of the current interest rate environment by refinancing debt,” according to finance department documents presented to the city council.
The city estimates there are approximately 23,066 homes within the city “with an average value of about $269,300.”“The continued growth in the city allowed the levy to increase slightly which allowed an average Maple Grove home to increase by about $2.00 per month or 2.47 percent,” according to finance department documents presented to the city council.