Breezy Point approves 2014 levy of $1,753,080
After four years of city tax levies that were reduced or kept flat, the Breezy Point City Council on Monday, Dec. 2, raised the 2014 levy by $34,000 over this year’s number to $1,753,080.
That’s a 1.94 percent increase over the 2013 levy.
Past levy totals were: $1,719,080 in 2013; $1,728,480 in 2012 and 2011; and $1,779,090 in 2010.
The 2014 levy breaks down to: $1,542,690, General Fund levy; $8,000, Cemetery Fund levy; $120,230, General Obligation Capital Improvement Bond; $68,022, General Obligation Improvement Bond; and $14,138, General Obligation Improvement Bond.
All city employees will receive a 2 percent cost-of-living increase. Health and dental costs increased for all employees.
The city will see an estimated $11,806 savings in 2014 because of a change in state law that exempts cities from paying most sales tax.
The city also will see savings in 2014 with advanced refunding of bonds and early redemption in improvement bonds.
Crow Wing County estimated a tax rate of 44.294 percent, compared to 42.02 percent in 2013.