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The Ramsey County Board of Commissioners
today approved a biennial budget of $713,986,394 million in 2018 and $736,311,950
million in 2019. This represents an increase of $22,803,444 (3.3 percent) from 2017 to 2018 and an
increase of $22,325,556 (3.1 percent) from 2018 to 2019.
"The
2018-2019 budget moves Ramsey County forward with well-targeted investments,"
said County Board Chair Victoria Reinhardt. "It balances fiscal restraint with
our priorities of improving and modernizing our service delivery throughout the next two years."
On
Aug. 8, 2017, County Manager Julie Kleinschmidt proposed
a 2018 budget of $703,989,334 million.
The roughly $10 million increase between that draft and the final approved
budget is primarily attributable to a revision in projected revenue
from an additional 1/4-cent sales tax for transit development.
"This
budget is transparent and continues predictable stability for Ramsey County
residents, businesses and partners," said Commissioner Jim McDonough, Budget
Committee Chair. "We appreciate the thoughtful input we received from
residents, businesses and community stakeholders and staff that
have informed our priorities."
Commissioners
set the 2018 maximum property tax levy on Sept. 26, 2017 at $305,199,197 -
representing an increase of 4.3 percent over 2017. Property taxes will
continue to make up about 42 percent of revenues in the 2018-2019 budget.
Public
hearings on the proposed property tax levy and budget were
held on Sept. 12 and Nov. 27, 2017. Videos and other materials from the
hearings are available at ramseycounty.us/publichearings.
Video
of today's board meeting and documentation is available here.
Contact: John Siqveland, Public Communications Director,
651-746-9250.
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