HomeMy Public PortalAbout08.21.2018 Work Session Packet Posted 5/29/2009 Page 1 of 1
WORK SESSION AGENDA
MEDINA CITY COUNCIL
Tuesday, August 21, 2018
6:00 P.M.
Medina City Hall
2052 County Road 24
I. Call to Order
II. Municipal Park Fund Discussion
III. Adjourn
Posted 8.16.18
MEMORANDUM
TO: City Council Members
FROM: Erin Barnhart, Finance Director
DATE: August 14, 2018
SUBJ: Municipal Park Fund
Background
Park equipment has an asset/depreciation life between 10 and 40 years. Past practice for park
equipment replacement needs have been funded from the General Fund or Park Dedication
Fund if classified as a capital improvement. The past need for park replacement has not been
great because the parks were new or newer. As the parks and park equipment within the City
of Medina approach asset life, there will be an increased need for replacement. The funds
within the Park Dedication Fund will not be enough to maintain a practice of funding
replacements or improvements. Existing Park Dedication funds are needed for new park
development, which is the intended use of Park Dedication funds, as mandated by state
statute. The 2040 Comprehensive Plan shows between $13.8 and $27.4 million in new parks
and trails development over the next 20 years. The Park Dedication Fund’s revenue source is
100% dependent on development and developers and needs to be set aside for future use.
There have been past years and will be again when no revenue comes in for Park Dedication.
This is the reason why it is important to establish a constant revenue source for the Municipal
Park Fund to handle replacements, which will be ongoing while there are parks in use.
Revenue Source Options
1) Property Tax Levy
2) Antenna Lease Revenue (cell towers) – Antenna revenue for 2019 is projected to be
$119,041. In preparation for lease revenue decreasing due to future cell tower
technology changes, since 2016, budgeting for antenna revenue has increasingly
been phased out of the General Fund, as it will not be a reliable revenue source in
the future. Currently, $55,949 (47%) is transferred to the Environmental Fund. The
transfer can be redirected to the Municipal Park Fund to help build the balance in
the near future. It will not be a permanent revenue source, nor account for the
annual contribution need in its entirety, but provides an opportunity to phase in a
potential property tax increase.
Attached Exhibits
A) Medina Parks and Trails Asset Inventory - Comprehensive list of park assets (A),
estimated replacement cost (B), year acquired (C), asset life span (D), estimated
replacement year (E), and total replacement amount by year (F). Total estimated
replacement cost over the next 31 years is $3,367,789 (line 88). Asset replacement
2
spread out over the following three plans would require revenue source(s) in the
amount of:
1) 30 year-spread - $112,260 annually
2) 35 year-spread - $96,223 annually
3) 40 year-spread - $84,195 annually
These amounts do not account for the addition of new park assets or assets that will
need replacing after 2050.
B) Tax Scenario with No Municipal Park Levy - Overall levy increase of 2.2%. In this
scenario, no property taxes would be dedicated to the Municipal Park Fund.
Property tax increases/decreases based on no change to 2018 market value are
estimated in lines 36-45. Estimated tax increases/decreases based on a 5% increase
to 2018 market value are represented in lines 55-64.
C) Tax Scenario with $14,000 Municipal Park Fund Levy – Overall levy increase of
2.5%. In 2018, the 2011A G.O. Bond matured ending the property tax levy in the
amount of $14,000. In this scenario, the $14,000 would be kept as a property tax
levy redirected to the Municipal Park Fund. This levy line item in combination with
the antenna lease revenue redirected from the Environmental Fund would be a
revenue contribution of $69,949 to the Municipal Park Fund for 2019. Property tax
increases/decreases based on no change to 2018 market value are estimated in lines
36-45. Estimated tax increases/decreases based on a 5% increase to 2018 market
value are represented in lines 55-64.
D) Tax Scenario with $50,000 Municipal Park Fund Levy – Overall levy increase of
3.4%. $50,000 of property tax revenue in combination with antenna lease revenue
would be $105,943. Property tax increases/decreases based on no change to 2018
market value are estimated in lines 36-45. Estimated tax increases/decreases based
on a 5% increase to 2018 market value are represented in lines 55-64.
E) Tax Scenario with $96,223 Municipal Park Fund Levy – Overall levy increase of
4.6%. This scenario would not require a transfer of antenna lease revenue. This levy
amount would be in line with the 35 year-spread references above in A)-1. Property
tax increases/decreases based on no change to 2018 market value are estimated in
lines 36-45. Estimated tax increases/decreases based on a 5% increase to 2018
market value are represented in lines 55-64.
F) Recent History of Medina Parks Funding - submitted by Park Commissioner Liz Weir
Council Action Requested
Direct staff how to proceed in budgeting revenue source(s) for the Municipal Park Fund.
8/14/2018 Medina Park and Trails Asset Inventory
(A) (B) (C) (D) (E)
Asset Description Estimated Replacement Price Acquired Life Span Replacement
1 Hunter Lions Park tennis court $50,000.00 2006 13 2019
2 Hunter Lions Park baseball diamond with backstop/Fences $75,000.00 2006 25 2019 2019 $139,000.00
3 Lakeshore Park Garbage Enclosure $2,000.00 2004 15 2019
4 Other Misc 72" Mower $12,000.00 1992 2019
5 Medina Morningside Park curb around playground $25,000.00 2001 2020
6 Trails All Trails 10.7 Miles $1,142,400.00 1998-2018 25 2020 2020 $70,696.00 *Split over 25 years
7 Lakeshore Park Playground Equipment Lakeshore Park $25,080.56 2004 20 2024 2021 $45,696.00
8 Lakeshore Park Picnic Table on Slab - 2 $2,000.00 2004 20 2024 2022 $45,696.00
9 Lakeshore Park picnic Table handicap on slab $4,000.00 2004 20 2024 2023 $45,696.00
10 Lakeshore Park two swings $5,000.00 2004 20 2024
11 Lakeshore Park two rocking toy animals $1,000.00 2004 20 2024
12 Lakeshore Park paved driveway down to water $8,000.00 2004 20 2024 2024 $98,776.56
13 Lakeshore Park park entrance sign $5,000.00 2004 20 2024
14 Lakeshore Park gate doors for boat launch $1,000.00 2004 20 2024
15 Holy Name Park garbage enclosure $2,000.00 2009 15 2024
16 Hunter Lions Park toilet enclosure $2,000.00 2010 15 2025
17 Lakeshore Park I.B.Boat Launch $18,916.95 2005 20 2025
18 Maple Park baseball diamond with backstop $20,000.00 2000 25 2025 2025 $88,612.95
19 Medina Morningside Park toilet enclosure $2,000.00 2010 15 2025
20 Hunter Lions Park basketball hoop/pavement $15,000.00 2006 20 2026
21 Hunter Lions Park parking lot $10,000.00 2006 20 2026 2026 $207,446.00
22 Park at Fields of Medina toilet Enclosure $2,000.00 2016 15 2026
23 Maple Park soccer nets $2,000.00 2016 10 2026
24 Medina Morningside Park Playground equipment $75,000.00 2001 25 2026
25 Medina Morningside Park 4 swings (2 baby and 2 regular) $10,000.00 2001 25 2026
26 Medina Morningside Park Pavillion $20,000.00 2001 25 2026
27 Medina Morningside Park Soccer nets $2,000.00 2016 10 2026
28 Medina Morningside Park baseball diamond with backstop $20,000.00 2001 25 2026
29 Other Misc 1/2 PW brush Mower $5,750.00 2016 2026
30 Hamel Legion Park Light pole for skating rink 2,000.00 2007 20 2027
31 Hamel Legion Park Tennis courts $75,000.00 2007 20 2027 2027 $129,696.00
32 Hamel Legion Park Volleyball court $5,000.00 2007 20 2027
33 Park at Fields of Medina Soccer nets $2,000.00 2017 10 2027 2028 $45,696.00
34 Lakeshore Park Park entrance sign 5,000.00 2009 20 2029
35 Holy Name Park Picnic Table on Slab - 3 $2,000.00 2009 20 2029 2029 $60,696.00
36 Holy Name Park rain garden $8,000.00 2009 20 2029
37 Hamel Legion Park Hamel Legion Park Trail $25,399.39 2005 25 2030
38 Hamel Legion Park Overflow Parking Lot $23,000.00 2010 20 2030
39 Maple Park two benches by baseball field $4,000.00 2010 20 2030 2030 $102,095.39
40 Maple Park two picnic tables $4,000.00 2010 20 2030
41 Hunter Lions Park Play Structure $50,497.86 2006 25 2031
42 Hunter Lions Park volleyball court $5,000.00 2006 25 2031 2031 $132,193.86
43 Hunter Lions Park bridge to nature area $20,000.00 2006 25 2031
44 Hunter Lions Park shed $5,000.00 2006 25 2031
45 Medina Morningside Park Three Picnic tables $6,000.00 2001 30 2031
46 Hamel Legion Park Hamel Legion Plaza $23,781.71 2007 25 2032
47 Hamel Legion Park Basketball Court $22,837.56 2007 25 2032 2032 $190,219.08
48 Hamel Legion Park Hamel Legion Playground $32,903.81 2007 25 2032
49 Hamel Legion Park two pavillions with picnic tables $40,000.00 2007 25 2032
50 Hamel Legion Park Park entrance sign $5,000.00 2007 25 2032
51 Hunter Lions Park Park entrance sign $5,000.00 2012 20 2032
52 Holy Name Park park entrance sign $5,000.00 2012 20 2032
53 Maple Park Park entrance sign $5,000.00 2012 20 2032
54 Medina Morningside Park Park entrance sign $5,000.00 2012 20 2032
55 Hamel Legion Park Hamel Legion Park Playground Equip $69,187.15 2008 25 2033 2033 $114,883.15
56 Lakeshore Park pavillion with single picnic table $5,000.00 2004 30 2039
57 Holy Name Park concrete work $15,000.00 2009 25 2034
58 Holy Name Park Pervious paver parking lot $10,000.00 2009 25 2034
59 Holy Name Park pervious trail $5,000.00 2009 25 2034
60 Holy Name Park paved trail/parkinglot $8,000.00 2009 25 2034 2034 $88,696.00
61 Hamel Legion Park Field House Irregation/LS $46,651.60 2010 25 2035
62 Hamel Legion Park Donor Wall $6,836.20 2005 30 2035
63 Medina Morningside Park basketball hoop $2,000.00 2010 25 2035 2035 $107,183.80
64 Medina Morningside Park 8 plastic benches by baseball field $6,000.00 2010 25 2035
65 Park at Fields of Medina Field of Medina Lights $10,000.00 2016 20 2036
66 Park at Fields of Medina Sport Court/Tennis Court $75,000.00 2016 20 2036 2036 $139,696.00
67 Park at Fields of Medina Basketball hoop $4,000.00 2016 20 2036
68 Park at Fields of Medina Park entrance sign $5,000.00 2016 20 2036
69 Hamel Legion Park Hamel Legion Parking Lot $30,000.00 2017 20 2037
70 Hamel Legion Park Little league ball fields $100,000.00 2007 30 2037 2037 $281,510.36
71 Hamel Legion Park Hawks ball field (fortin field) $100,000.00 2007 30 2037
72 Park at Fields of Medina Fields of Medina Volleyball $5,814.36 2017 20 2037
73 Hamel Legion Park Ballfield Scoreboard $15,346.00 2013 25 2038
74 Maple Park Paved parking lot $20,000.00 2018 20 2038 2038 $81,042.00
75 Hamel Legion Park Bleachers - Hamel Park $6,040.58 2009 30 2039
76 Holy Name Park dock $5,000.00 2009 30 2039 2039 $56,736.58
Replacement Amount by Year
(F)
77 Hamel Legion Park Hamel Legion Scoreboard $17,195.25 2016 25 2041 2040 $45,696.00
78 Park at Fields of Medina Playground $200,000.00 2016 25 2041 2041 $282,891.25
79 Park at Fields of Medina Parking Lot $20,000.00 2016 25 2041 2042 $45,696.00
80 Hamel Legion Park Lights on Little League Field 150,000.00 2018 25 2043 2043 $195,696.00
81 Hamel Legion Park Ballfield Dugout Roof $9,872.51 2014 30 2044 2044 $55,568.51
82 Holy Name Park Pavillion with one picnic table $12,000.00 2015 30 2045 2045 $12,000.00
83 Hunter Lions Park Metal Bleachers $6,000.00 2006 40 2046 2046 $6,000.00
84 Hamel Legion Park Dugouts $16,605.00 2017 30 2047 2047 $16,605.00
85 Maple Park Pavillion $8,000.00 2018 30 2048 2048 $8,000.00
86 Hamel Legion Park Field House $427,672.84 2010 40 2050 2050 $427,672.84
87
88 Total Replacement Cost $3,367,789.33 $3,367,789.33
89
90
91 Total Replacement Cost $3,367,789.33
92
93 30 Year Plan $112,259.64
94 35 Year Plan $96,222.55
95 40 Year Plan $84,194.73
City of Medina
2019 Proposed Property Tax Scenario
Residential Homesteads
SCENARIO - GENERAL FUND LEVY PLUS 3.0%
2018 2019 2018-2019
Budget Proposed Change
1 City Tax Rate:21.523% 21.476% -0.2%
2
3 General Fund Levy:$3,229,026 $3,325,897 $96,871
4
5 Debt Service & Capital Levies:$675,791 $662,997 ($12,794)
6
7 Total Levy:$3,904,817 $3,988,894 $84,077
8
9 Change in Total Levy:2.2%
10
11 2018 CITY PROPERTY TAXES
12
13 Homestead City Local City
14 Market Market Value Tax Tax Capacity Property
15 Value Exclusion Capacity Rate Taxes
16 2018 2018 2018 2018 2018
17
18 $100,000 ($28,200) $718 21.523% $155
19 $200,000 ($19,200) $1,808 21.523% $389
20 $300,000 ($10,200) $2,898 21.523% $624
21 $400,000 ($1,200) $3,988 21.523% $858
22 $500,000 $0 $5,000 21.523% $1,076
23 $600,000 $0 $6,250 21.523% $1,345
24 $750,000 $0 $8,125 21.523% $1,749
25 $800,000 $0 $8,750 21.523% $1,883
26 $900,000 $0 $10,000 21.523% $2,152
27 $1,000,000 $0 $11,250 21.523% $2,421
28
29 2019 CITY PROPERTY TAXES (WITH NO MARKET VALUE CHANGE)
30
31 Market Homestead City Local City Property Percentage
32 Value Market Value Tax Tax Capacity Property Taxes Tax
33 2019 Exclusion Capacity Rate Taxes Increase Increase
34 NO CHANGE 2019 2019 2019 2019 (Decrease) (Decrease)
35
36 $100,000 ($28,200) $718 21.476% $154 ($0) -0.2%
37 $200,000 ($19,200) $1,808 21.476% $388 ($1) -0.2%
38 $300,000 ($10,200) $2,898 21.476% $622 ($1) -0.2%
39 $400,000 ($1,200) $3,988 21.476% $856 ($2) -0.2%
40 $500,000 $0 $5,000 21.476% $1,074 ($2) -0.2%
41 $600,000 $0 $6,250 21.476% $1,342 ($3) -0.2%
42 $750,000 $0 $8,125 21.476% $1,745 ($4) -0.2%
43 $800,000 $0 $8,750 21.476% $1,879 ($4) -0.2%
44 $900,000 $0 $10,000 21.476% $2,148 ($5) -0.2%
45 $1,000,000 $0 $11,250 21.476% $2,416 ($5) -0.2%
46
47 2019 CITY PROPERTY TAXES (WITH MARKET VALUE INCREASE)
48
49 Market
50 Value Homestead City Local City Property Percentage
51 2019 Market Value Tax Tax Capacity Property Taxes Tax
52 INCREASE OF Exclusion Capacity Rate Taxes Increase Increase
53 5.0%2019 2019 2019 2019 (Decrease) (Decrease)
54
55 $105,000 ($27,800) $772 21.476% $166 $11 7.3%
56 $210,000 ($18,300) $1,917 21.476% $412 $23 5.8%
57 $315,000 ($8,900) $3,061 21.476% $657 $34 5.4%
58 $420,000 $0 $4,200 21.476% $902 $44 5.1%
59 $525,000 $0 $5,313 21.476% $1,141 $65 6.0%
60 $630,000 $0 $6,625 21.476% $1,423 $78 5.8%
61 $787,500 $0 $8,594 21.476% $1,846 $97 5.5%
62 $840,000 $0 $9,250 21.476% $1,987 $103 5.5%
63 $945,000 $0 $10,563 21.476% $2,268 $116 5.4%
64 $1,050,000 $0 $11,875 21.476% $2,550 $129 5.3%
1
City of Medina
2019 Proposed Property Tax Scenario
Residential Homesteads
SCENARIO - GENERAL FUND LEVY PLUS 3.0%
2018 2019 2018-2019
Budget Proposed Change
1 City Tax Rate:21.523% 21.553% 0.1%
2
3 General Fund Levy:$3,229,026 $3,325,897 $96,871
4
5 Debt Service & Capital Levies:$675,791 $676,997 $1,206
6
7 Total Levy:$3,904,817 $4,002,894 $98,077
8
9 Change in Total Levy:2.5%
10
11 2018 CITY PROPERTY TAXES
12
13 Homestead City Local City
14 Market Market Value Tax Tax Capacity Property
15 Value Exclusion Capacity Rate Taxes
16 2018 2018 2018 2018 2018
17
18 $100,000 ($28,200) $718 21.523% $155
19 $200,000 ($19,200) $1,808 21.523% $389
20 $300,000 ($10,200) $2,898 21.523% $624
21 $400,000 ($1,200) $3,988 21.523% $858
22 $500,000 $0 $5,000 21.523% $1,076
23 $600,000 $0 $6,250 21.523% $1,345
24 $750,000 $0 $8,125 21.523% $1,749
25 $800,000 $0 $8,750 21.523% $1,883
26 $900,000 $0 $10,000 21.523% $2,152
27 $1,000,000 $0 $11,250 21.523% $2,421
28
29 2019 CITY PROPERTY TAXES (WITH NO MARKET VALUE CHANGE)
30
31 Market Homestead City Local City Property Percentage
32 Value Market Value Tax Tax Capacity Property Taxes Tax
33 2019 Exclusion Capacity Rate Taxes Increase Increase
34 NO CHANGE 2019 2019 2019 2019 (Decrease) (Decrease)
35
36 $100,000 ($28,200) $718 21.553% $155 $0 0.1%
37 $200,000 ($19,200) $1,808 21.553% $390 $1 0.1%
38 $300,000 ($10,200) $2,898 21.553% $625 $1 0.1%
39 $400,000 ($1,200) $3,988 21.553% $860 $1 0.1%
40 $500,000 $0 $5,000 21.553% $1,078 $1 0.1%
41 $600,000 $0 $6,250 21.553% $1,347 $2 0.1%
42 $750,000 $0 $8,125 21.553% $1,751 $2 0.1%
43 $800,000 $0 $8,750 21.553% $1,886 $3 0.1%
44 $900,000 $0 $10,000 21.553% $2,155 $3 0.1%
45 $1,000,000 $0 $11,250 21.553% $2,425 $3 0.1%
46
47 2019 CITY PROPERTY TAXES (WITH MARKET VALUE INCREASE)
48
49 Market
50 Value Homestead City Local City Property Percentage
51 2019 Market Value Tax Tax Capacity Property Taxes Tax
52 INCREASE OF Exclusion Capacity Rate Taxes Increase Increase
53 5.0%2019 2019 2019 2019 (Decrease) (Decrease)
54
55 $105,000 ($27,800) $772 21.553% $166 $12 7.7%
56 $210,000 ($18,300) $1,917 21.553% $413 $24 6.2%
57 $315,000 ($8,900) $3,061 21.553% $660 $36 5.8%
58 $420,000 $0 $4,200 21.553% $905 $47 5.5%
59 $525,000 $0 $5,313 21.553% $1,145 $69 6.4%
60 $630,000 $0 $6,625 21.553% $1,428 $83 6.1%
61 $787,500 $0 $8,594 21.553% $1,852 $103 5.9%
62 $840,000 $0 $9,250 21.553% $1,994 $110 5.9%
63 $945,000 $0 $10,563 21.553% $2,277 $124 5.8%
64 $1,050,000 $0 $11,875 21.553% $2,559 $138 5.7%
1
City of Medina
2019 Proposed Property Tax Scenario
Residential Homesteads
SCENARIO - GENERAL FUND LEVY PLUS 3.0%
2018 2019 2018-2019
Budget Proposed Change
1 City Tax Rate:21.523% 21.750% 1.1%
2
3 General Fund Levy:$3,229,026 $3,325,897 $96,871
4
5 Debt Service & Capital Levies:$675,791 $712,997 $37,206
6
7 Total Levy:$3,904,817 $4,038,894 $134,077
8
9 Change in Total Levy:3.4%
10
11 2018 CITY PROPERTY TAXES
12
13 Homestead City Local City
14 Market Market Value Tax Tax Capacity Property
15 Value Exclusion Capacity Rate Taxes
16 2018 2018 2018 2018 2018
17
18 $100,000 ($28,200) $718 21.523% $155
19 $200,000 ($19,200) $1,808 21.523% $389
20 $300,000 ($10,200) $2,898 21.523% $624
21 $400,000 ($1,200) $3,988 21.523% $858
22 $500,000 $0 $5,000 21.523% $1,076
23 $600,000 $0 $6,250 21.523% $1,345
24 $750,000 $0 $8,125 21.523% $1,749
25 $800,000 $0 $8,750 21.523% $1,883
26 $900,000 $0 $10,000 21.523% $2,152
27 $1,000,000 $0 $11,250 21.523% $2,421
28
29 2019 CITY PROPERTY TAXES (WITH NO MARKET VALUE CHANGE)
30
31 Market Homestead City Local City Property Percentage
32 Value Market Value Tax Tax Capacity Property Taxes Tax
33 2019 Exclusion Capacity Rate Taxes Increase Increase
34 NO CHANGE 2019 2019 2019 2019 (Decrease) (Decrease)
35
36 $100,000 ($28,200) $718 21.750% $156 $2 1.1%
37 $200,000 ($19,200) $1,808 21.750% $393 $4 1.1%
38 $300,000 ($10,200) $2,898 21.750% $630 $7 1.1%
39 $400,000 ($1,200) $3,988 21.750% $867 $9 1.1%
40 $500,000 $0 $5,000 21.750% $1,087 $11 1.1%
41 $600,000 $0 $6,250 21.750% $1,359 $14 1.1%
42 $750,000 $0 $8,125 21.750% $1,767 $18 1.1%
43 $800,000 $0 $8,750 21.750% $1,903 $20 1.1%
44 $900,000 $0 $10,000 21.750% $2,175 $23 1.1%
45 $1,000,000 $0 $11,250 21.750% $2,447 $26 1.1%
46
47 2019 CITY PROPERTY TAXES (WITH MARKET VALUE INCREASE)
48
49 Market
50 Value Homestead City Local City Property Percentage
51 2019 Market Value Tax Tax Capacity Property Taxes Tax
52 INCREASE OF Exclusion Capacity Rate Taxes Increase Increase
53 5.0%2019 2019 2019 2019 (Decrease) (Decrease)
54
55 $105,000 ($27,800) $772 21.750% $168 $13 8.7%
56 $210,000 ($18,300) $1,917 21.750% $417 $28 7.1%
57 $315,000 ($8,900) $3,061 21.750% $666 $42 6.7%
58 $420,000 $0 $4,200 21.750% $913 $55 6.4%
59 $525,000 $0 $5,313 21.750% $1,156 $79 7.4%
60 $630,000 $0 $6,625 21.750% $1,441 $96 7.1%
61 $787,500 $0 $8,594 21.750% $1,869 $120 6.9%
62 $840,000 $0 $9,250 21.750% $2,012 $129 6.8%
63 $945,000 $0 $10,563 21.750% $2,297 $145 6.7%
64 $1,050,000 $0 $11,875 21.750% $2,583 $161 6.7%
1
City of Medina
2019 Proposed Property Tax Scenario
Residential Homesteads
SCENARIO - GENERAL FUND LEVY PLUS 3.0%
2018 2019 2018-2019
Budget Proposed Change
1 City Tax Rate:21.523% 22.003% 2.2%
2
3 General Fund Levy:$3,229,026 $3,325,897 $96,871
4
5 Debt Service & Capital Levies:$675,791 $759,220 $83,429
6
7 Total Levy:$3,904,817 $4,085,117 $180,300
8
9 Change in Total Levy:4.6%
10
11 2018 CITY PROPERTY TAXES
12
13 Homestead City Local City
14 Market Market Value Tax Tax Capacity Property
15 Value Exclusion Capacity Rate Taxes
16 2018 2018 2018 2018 2018
17
18 $100,000 ($28,200) $718 21.523% $155
19 $200,000 ($19,200) $1,808 21.523% $389
20 $300,000 ($10,200) $2,898 21.523% $624
21 $400,000 ($1,200) $3,988 21.523% $858
22 $500,000 $0 $5,000 21.523% $1,076
23 $600,000 $0 $6,250 21.523% $1,345
24 $750,000 $0 $8,125 21.523% $1,749
25 $800,000 $0 $8,750 21.523% $1,883
26 $900,000 $0 $10,000 21.523% $2,152
27 $1,000,000 $0 $11,250 21.523% $2,421
28
29 2019 CITY PROPERTY TAXES (WITH NO MARKET VALUE CHANGE)
30
31 Market Homestead City Local City Property Percentage
32 Value Market Value Tax Tax Capacity Property Taxes Tax
33 2019 Exclusion Capacity Rate Taxes Increase Increase
34 NO CHANGE 2019 2019 2019 2019 (Decrease) (Decrease)
35
36 $100,000 ($28,200) $718 22.003% $158 $3 2.2%
37 $200,000 ($19,200) $1,808 22.003% $398 $9 2.2%
38 $300,000 ($10,200) $2,898 22.003% $638 $14 2.2%
39 $400,000 ($1,200) $3,988 22.003% $877 $19 2.2%
40 $500,000 $0 $5,000 22.003% $1,100 $24 2.2%
41 $600,000 $0 $6,250 22.003% $1,375 $30 2.2%
42 $750,000 $0 $8,125 22.003% $1,788 $39 2.2%
43 $800,000 $0 $8,750 22.003% $1,925 $42 2.2%
44 $900,000 $0 $10,000 22.003% $2,200 $48 2.2%
45 $1,000,000 $0 $11,250 22.003% $2,475 $54 2.2%
46
47 2019 CITY PROPERTY TAXES (WITH MARKET VALUE INCREASE)
48
49 Market
50 Value Homestead City Local City Property Percentage
51 2019 Market Value Tax Tax Capacity Property Taxes Tax
52 INCREASE OF Exclusion Capacity Rate Taxes Increase Increase
53 5.0%2019 2019 2019 2019 (Decrease) (Decrease)
54
55 $105,000 ($27,800) $772 22.003% $170 $15 9.9%
56 $210,000 ($18,300) $1,917 22.003% $422 $33 8.4%
57 $315,000 ($8,900) $3,061 22.003% $674 $50 8.0%
58 $420,000 $0 $4,200 22.003% $924 $66 7.7%
59 $525,000 $0 $5,313 22.003% $1,169 $93 8.6%
60 $630,000 $0 $6,625 22.003% $1,458 $113 8.4%
61 $787,500 $0 $8,594 22.003% $1,891 $142 8.1%
62 $840,000 $0 $9,250 22.003% $2,035 $152 8.1%
63 $945,000 $0 $10,563 22.003% $2,324 $172 8.0%
64 $1,050,000 $0 $11,875 22.003% $2,613 $192 7.9%
1
Recent History of Medina Parks Funding
Submitted by: Park Commissioner Elizabeth Weir
Under the past leadership of Park Commission Chair, Paul Jaeb, the Commission developed a
map that planned future trails and parks for when the City would be fully developed. He
expressed to the Council as early as 2009, during the Great Recession, that the City had no
planned fund to support this anticipated infrastructure build-out.
The Council’s response at that time, when budgets were under stress, was to ask the Park
Commission to reduce the future park and trail mapping. The Commission responded with the
reduced map that is part of the present, submitted Comprehensive Plan. This map does not
plan for a fully built-out condition, and many proposed trails and park areas were eliminated.
With all the development in Medina during the past 10 years, and the Park Dedication Fees that
came in, the issue of setting up a long-term fund to support this reduced map has not been
addressed. Many believed that the Park Dedication Fund could be used for Park equipment
maintenance, but the Statute is clear:
Minn. Stat. 462.358, subd.2b (A)
(g) Cash payments received must be used only for the acquisition and development of parks,
recreational facilities, playgrounds, trails, wetlands, or open space based on the approved park
system plan. Cash payments must not be used for ongoing operation and maintenance of
parks, recreational facilities, playgrounds, trails or open space.
Subd. 2c. Nexus. (a) There must be an essential nexus between the fees or dedication imposed
under subdivision 2b and municipal purpose sought to be achieved by the fee or dedication. The
fee or dedication must bear a rough proportionality to the need created by the proposed
subdivision or development.
The Park Commission has undertaken to list and assess for age and longevity of all Medina’s
existing park equipment and the state of trail repair and to come to the Council to seek a
permanent, budgeted Municipal Park Fund to plan for long-term capital improvement needs in
Medina’s well-used and much-loved parks and trails.
With the input of the Park Commission, Medina has used its Statutory Park Dedication Funds
well to acquire land and to build parks and trails to serve the City’s growing population and to
maintain dedicated funding for future parks and trails as subdivisions come in. However, a
named fund for park equipment and trail replacement has not been budgeted. Some of
Medina’s older park and trail infrastructure is beginning to show its age. As with any
infrastructure, the City must plan for the aging and wearing of equipment and trails on a CIP
schedule, with a named and budgeted fund to support the health welfare and safety of park and
trail users.
Exhibit F