UNIVERSITY AVENUE PROPERTY TAX STUDY:

Part 1:FINANCING OUR GOVERNMENT SERVICES

UNIVERSITY AVENUE PROPERTY TAX STUDY:

Part 1:FINANCING OUR GOVERNMENT SERVICES

Bob Spaulding • November 1st, 2006

Bob Spaulding • November 1st, 2006

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

WHERE PROPERTY TAXES COME FROM 2006 City of St. Paul & St. Paul Public School Tax Base

Composition

WHERE PROPERTY TAXES COME FROM 2006 City of St. Paul & St. Paul Public School Tax Base

Composition

Source: St. Paul 2006 Budget Pamphlet

SHARE OF VALUESHARE OF VALUE SHARE OF TAXES PAIDSHARE OF TAXES PAID

Commercial-Industrial

15%

Residential - Ownership

74%

Residential - Rental10%

Personal1%

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

WHERE PROPERTY TAXES GO City-County-School District Share for Every $100 of 2006 Taxes

WHERE PROPERTY TAXES GO City-County-School District Share for Every $100 of 2006 Taxes

St. Paul School District

33%

Ramsey County35%

Special Taxing Districts

6%

City of St. Paul26%

Source: St. Paul 2006 Budget Pamphlet

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

TRENDS IN COUNTY FINANCE Increase in County Expenses vs. Increase in Property Tax Revenue

TRENDS IN COUNTY FINANCE Increase in County Expenses vs. Increase in Property Tax Revenue

Source: Tax Levy & Budget Summary, 1997-2001, from Ramsey County; 2007 Amount is Proposed Levy Amount

-2.00%

-1.00%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

2001 2002 2003 2004 2005 2006 2007

Total Budget

County Property Tax Revenue

TRENDS IN COUNTY FINANCE Percent of County Expenses Financed by Property Tax, 2001-2007

TRENDS IN COUNTY FINANCE Percent of County Expenses Financed by Property Tax, 2001-2007

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

Source: Tax Levy & Budget Summary, 1997-2001, from Ramsey County; 2007 Amount is Proposed Levy Amount

36% 35% 37%40% 41% 42%

44%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

2001 2002 2003 2004 2005 2006 2007

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

2002 2003 2004 2005 2006

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

TRENDS IN SCHOOL DISTRICT FINANCE Increase in District Expenses vs. Increase in Property Tax

Revenue

TRENDS IN SCHOOL DISTRICT FINANCE Increase in District Expenses vs. Increase in Property Tax

Revenue

Total Expenses

School District Property Tax Revenue

Source: Analysis of Revenue, St. Paul Public Schools, 01/02 school year through 06/07 school year, produced by District for this report

Note: Years above correspond to beginning year of school year, or to year taxes are payable.

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

TRENDS IN SCHOOL DISTRICT FINANCE Percent of District Expenses Financed by Property Tax, 2002-2007

TRENDS IN SCHOOL DISTRICT FINANCE Percent of District Expenses Financed by Property Tax, 2002-2007

Source: Analysis of Revenue, St. Paul Public Schools, 01/02 school year through 06/07 school year, produced by District for this report

Note: Years above correspond to beginning year of school year, or to year taxes are payable.

10.1%

12.2%

13.5%12.8%

14.7%

0%

2%

4%

6%

8%

10%

12%

14%

16%

2002 2003 2004 2005 2006

TRENDS IN SCHOOL DISTRICT FINANCE Percent of District Expenses Financed by Property Tax, 2002-2007

TRENDS IN SCHOOL DISTRICT FINANCE Percent of District Expenses Financed by Property Tax, 2002-2007

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

Source: Analysis of Revenue, St. Paul Public Schools, 01/02 school year through 06/07 school year, produced by District for this report

Note: Years above correspond to beginning year of school year, or to year taxes are payable.

10.1%

12.2%

13.5%12.8%

14.7%

0%

2%

4%

6%

8%

10%

12%

14%

16%

2002 2003 2004 2005 2006

TRENDS IN CITY FINANCE Rise and Subsequent cuts to Local Government Aid, 1994-2007

TRENDS IN CITY FINANCE Rise and Subsequent cuts to Local Government Aid, 1994-2007

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

Source: City of St. Paul Office of Financal Services

TRENDS IN CITY FINANCE Property Tax Levy Trends, 1994-2007

TRENDS IN CITY FINANCE Property Tax Levy Trends, 1994-2007

TAX STUDY | FINANCING OUR GOVERNMENT SERVICES

Source: City of St. Paul Office of Financial Services