A slide show of information related to the City of Savage 2009 Budget.

1. City of Savage Public Hearing Proposed Property Tax Levy & Budget for 2009 December 1, 2008 7:00 p.m.

6. Prior Lake – Savage School District (ISD 719) November Referendum Not Reflected On Proposed Property Tax Statements – Add In New 2009 Levy $$ $182 $897 -$715 $500,000 $164 $808 -$644 $450,000 $146 $718 -$572 $400,000 $127 $628 -$501 $350,000 $109 $538 -$429 $300,000 $91 $449 -$358 $250,000 $73 $359 -$286 $200,000 Net Change New 2009 Levy Expired 2008 Levy Market Value

9. Property Tax History

10. Tax Levy and Tax Rate 2009 proposed tax levy increases by $766,691 which is 5.17% over the 2008 levy amount and the tax rate decreases by 2.35%.

12. Savage’s Tax Rate History The proposed tax rate for 2009 is 46.005%, this is the second consecutive year with a rate decrease. Since 2007 the total decrease is 4.15%.

13. Property Tax Levy Rate Comparison Scott County Cities

15. City of Savage Average Taxable Home Value 2005 - 2009

16. Impact on the Homeowner The City’s tax base continues to grow, increasing by 1.17% for 2009. The chart above represents the City tax change before the market value increase. The chart below represents the City tax change with the average market value increase.

17. City’s Tax and Taxable Home Value – an Example

20. City’s Debt Levy History

25. 2004-2009 Staffing History

26. Proposed 2009 General Fund Budget Revenues by Major Source

27. Proposed 2009 General Fund Budget Expenditures by Major Function

28. Proposed 2009 General Fund Expenditure Increases by Major Function Police accounts for 65% of the 2009 budget increase.