The Roseville City Council unanimously adopted a final 2019 budget of $55,507,140 during its last meeting of the year on Monday, December 3. The new budget is an increase of $1,267,910 or 2.3% compared to 2018.
To fund a portion of the budget, the council approved a property tax levy of $21,551,650. This means the monthly cost of tax-supported services for the owner of a $254,900 median-valued home will be $80.40 for 2019, an increase of $5.03 or 6.7% compared to the 2018 monthly total.
Nearly 40% of the tax levy increase, $340,805 total and approximately $2.00 per month for the median-valued home, will go toward reducing the city’s reliance of cash reserve funds to balance the budget.
With this property tax levy, the City of Roseville’s share of total 2019 residential property taxes will be between 25 and 26 cents out of every tax dollar paid by a homeowner, depending on school district. The remaining 74% to 75% of taxes paid will be distributed to Ramsey County, Roseville Area and Mounds View school districts, and other taxing districts like the Metropolitan Council and Transit District, and watershed districts.
The remaining $33,955,490 of Roseville’s 2019 budget will be funded by fee-based revenue sources such as license and permit fees, recreation program fees, user charges for water and sewers, intergovernmental sources, court fees, interest earnings and reserves.
For more on the city’s budget or tax levy, visit www.cityofroseville.com/budgetinfo or contact Roseville Finance Director Chris Miller at 651-792-7031 or Chris.Miller@cityofroseville.com.