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SCC Item 1. 2026 Budgets Capital Improvement Plan and Property Tax Levy TO: Mayor and Councilmembers FROM: Adam Flaherty, City Administrator/Finance Director DATE: November 24, 2025 SUBJECT: Budget Meeting #6 __________________________________________________________________________________________________ On Monday, the City Council and staff will continue with review and discussion of the 2026 budgets and property tax levy. I have developed an outline of discussion topics below. General Fund Budget At the November 10, 2025, meeting, the City Council reviewed an updated General fund budget and discussed the changes that have been made throughout the process. City staff have had no proposed changes since the last review meeting and are seeking final questions on the proposed budget prior to final adoption. Materials for Review and Discussion 1) Summary of Revenue and Expenditure Budgets Fee Schedule City staff have developed proposed amendments to the 2026 Fee Schedule. This has been reviewed by both the Administrative and Public Works Subcommittees at their respective November meetings. There have been no changes from staff since those reviews occurred. The City Council will be asked to consider adoption of the fee schedule at their December 8, 2025, meeting with a public hearing component. City staff are seeking final questions on the proposed amendments prior to final adoption. Materials for Review and Discussion 1) Proposed 2026 Fee Schedule Property Tax Levy At the November 10, 2025, meeting, the City Council reviewed an updated tax levy and discussed the changes that have been made throughout the process. City staff have had no proposed changes since the last review meeting and are seeking final questions on the proposed levy prior to final adoption. The current working levy remains subject to change until the City Council adopts a final levy. The City Council should continue discussions on the tax levy and provide direction to City staff for updates that can be presented at a future budget meeting. Materials for Review and Discussion 1) Tax Levy Summary Pay Plans The City maintains two pay plans, one for regular scored positions which are typically for ongoing full-time and part-time positions, and another for seasonal and temporary positions. The regular pay plan includes 21 grades and 7 steps for each respective grade. This pay plan is annually evaluated for a cost-of-living adjustment, which is applied consistently throughout the plan. Thus far the budget development process has used a percentage increase as assumption until additional data was available. The seasonal and temporary pay plan is outlined by each respective position and is annually evaluated to ensure that it remains competitive with labor markets for similar types of employment opportunities. At the meeting, City staff will review comparison information from neighboring and comparable communities as well as information from the Bureau of Labor Statistics. Materials for Review and Discussion 1) Pay Plan – Regular Scored Positions 2) Pay Plan – Seasonal and Temporary Employees Capital Improvement Plan The City Council reviewed the draft Capital Improvement Plan (CIP) which covers the years 2026-2035 at their meeting on November 10, 2025. City staff have made one adjustment to the CIP to account for the engineering services agreement amendment for Lift Station No. 4 (Martin Farms) Improvements in 2026. City staff are seeking final questions on the proposed CIP prior to final adoption. Materials for Review and Discussion 1) Capital Improvement Plan – Projects by Funding Source Next Meetings December 2 – The City will be conducting the Truth-in-Taxation meeting at 6PM in accordance with requirements from the Minnesota Department of Revenue. The proposed budget and property tax levy for payable year 2026 must be discussed, and the public will be given the opportunity to comment and ask questions. December 8 – The City Council will be presented for consideration of approval: 1) a resolution adopting operating budgets, 2) a resolution setting the property tax levy for payable year 2026, and 3) a resolution adopting the capital improvement plan. City of OtsegoGeneral Fund Budget - 2026Requested BudgetRevenue & Expenditure SummaryDraft Preliminary FinalActual Actual Year-to-Date Budget Budget Budget Budget2023 2024 2025 2025 2026 2026 2026 $ Change % ChangeRevenuesTaxes 5,253,657$ 6,373,290$ 3,955,342$ 6,992,002$ 7,861,364$ 7,807,781$ 7,553,534$ 561,532$ 8.03%Cable Franchise Fees 126,594 114,342 78,296 117,000 109,000 109,000 106,000 (11,000) -9.40%Licenses & Permits 1,544,769 1,868,466 2,041,325 1,703,459 1,878,642 1,878,642 1,904,463 201,005 11.80%Intergovernmental 575,521 213,322 143,823 209,554 173,533 173,533 186,333 (23,221) -11.08%Charges for Services 270,009 281,339 285,835 244,830 261,870 261,870 268,365 23,535 9.61%Special Assessments 10,389 5,733 1,685 3,500 3,500 3,500 3,400 (100) -2.86%Fines & Forfeitures 32,109 40,982 32,807 33,600 38,000 38,000 37,100 3,500 10.42%Investment Interest 282,834 257,688 3,139,631 142,657 149,572 149,572 175,126 32,469 22.76%Miscellaneous 39,567 23,494 26,091 15,500 12,000 12,000 13,000 (2,500) -16.13%Interfund Transfers 320,600 427,000 478,000 478,000 600,000 600,000 603,000 125,000 26.15%Subtotal8,456,047 9,605,658 10,182,837 9,940,102 11,087,481 11,033,898 10,850,321 910,219 9.16%ExpendituresGeneral Government 1,677,552 1,949,464 1,854,878 2,196,516 2,553,921 2,553,921 2,549,850 353,334 16.09%Public Safety 3,323,206 4,040,998 3,963,421 4,263,499 4,915,008 4,861,425 4,827,286 563,787 13.22%Public Works 1,694,597 1,891,835 1,739,725 2,118,872 2,215,610 2,215,610 2,234,775 115,903 5.47%Culture & Recreation 943,533 1,097,769 1,130,569 1,250,315 1,301,792 1,301,792 1,306,497 56,182 4.49%Economic Development 91,788 90,600 68,785 110,900 101,150 101,150 101,150 (9,750) -8.79%Interfund Transfers 710,829 - - - - - - - #DIV/0!Subtotal8,441,505 9,070,667 8,757,378 9,940,102 11,087,481 11,033,898 11,019,558 1,079,456 10.86%Net Change in Fund Balance14,543$ 534,991$ 1,425,459$ -$ -$ -$ (169,237)$ Description 1 CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA ORDINANCE NO.: 2025-XX AN ORDINANCE ESTABLISHING A FEE SCHEDULE FOR CITY SERVICES, PERMITS AND LICENSES FOR 2025. THE OTSEGO CITY COUNCIL ORDAINS: Section 1. Section 3-1-2 of the City Code (Finance and Taxation – Fee Schedule) is hereby amended establishing a fee schedule for City services, permits and licenses for 2026: 3-1-2: SCHEDULE OF FEES: The City Council hereby establishes the following schedule of fees: Item City Code Reference 2026 Fee A. Licenses Liquor Sec. 4-1-8.A.3 On-Sale 3.2 Liquor $100.00 Off-Sale 3.2 Liquor $100.00 Club $75.00 On-Sale Intoxicating Liquor $4,500.00 Off-Sale Intoxicating Liquor $150.00 Intoxicating Liquor (Sunday) $200.00 Investigation Fee - New (single or corporation) $500.00 Investigation Fee – Renewal (single or corporation) $100.00 Set-Ups No Cost Consumption and Display $300.00 Wine $150.00 Temporary Liquor $75.00 Small-Brewer (Off-Sale) $150.00 Brewpub (On-Sale) License $200.00 Brewpub (Off-Sale) License $150.00 Taproom License Cocktail Room $4,500.00 Microdistellery Microdistillery (Off-Sale) $150.00 Farm Winery $0.00 Garbage Hauler Sec. 5-3-4.B License $100.00 Bond $0.00 Dynamic Display Signs Sec. 4-11-4.B No Cost Mobile Food Unit Sec. 4-12-3.D $50.00 Peddlers and Transient Merchants Sec. 4-5-2.C $100.00/applicant Rental Housing License Title 4, Chapter 6 License (initial/renewal) $100.00/du DRAFT 2 Inspection; Single Family, Two-Family, Townhouse, or Condominium Apartment $65.00, plus $65.00/hr (minimum 1 hr) after 2 inspections for initial license or renewal Inspection; Multiple Family Building Under Single Ownership $65.00/hr (minimum 1 hr) Pawnbrokers, precious metals dealers and/or second- hand goods dealers Sec. 4-4-4 Annual License $500.00 Investigation Fee $200.00 + cost incurred Reportable Transaction Fee $50.00/transaction Daily Reporting Penalty $50.00/day Massage Services Sec. 4-8-4.E Business License $500.00 Personal License $100.00 Application Investigation Business License $100.00/operator Application Investigation Personal License $100.00 Compost Facility License Sec. 5-3-8.C $200.00 B. Permits Building Permits Sec. 9-1-1.B Building Permit Refund Fee Sec. 9-1-2.B.2.b $30.00 Building Permit Fees Total Valuation $1.00 to $1,200.00 $50.00 $1,201.00 to $2,000.00 $50.00 for the first $1,200.00 plus $3.27 for each additional $100.00, or faction thereof, to and including $2,000.00 $2,001.00 to $25,000.00 $76.18 for the first $2,000.00 plus $15.40 for each additional $1,000.00, or fraction thereof, to and including $25,000.00 $25,001.00 to $50,000.00 $430.38 for the first $25,000.00 plus $11.11 for each additional $1,000.00, or fraction thereof, to and including $50,000.00 $50,001.00 to $100,000.00 $708.13 for the first $50,000.00 plus $7.70 for each additional $1,000.00, or fraction thereof, to and including $100,000.00 $100,001.00 to $500,000.00 1,093.13 for the first $100,000.00 plus $6.16 for each additional $1,000.00, or fraction thereof, to and DRAFT 3 including $500,000.00 $500,001.00 to $1,000,000.00 $3,557.13 for the first $500,000.00 plus $5.23 for each additional $1,000.00, or fraction thereof, to and including $1,000,000.00 $1,000,001.00 and up $6,169.63 for the first $1,000,000.00 plus $4.02 for each additional $1,000.00, or fraction thereof Plan Review A plan review fee shall be collected on all permits issued for work governed by Chapter 4, Section 1 of the City Code in accordance with Minnesota Statutes §326B.153. This fee is based on 65% of the building permit fee. Basement finish permit plan review fees are 10% of the building permit fee, and deck permit plan review fees are 1025% of the building permit fee. State of Minnesota Surcharge A surcharge fee shall be collected on all permits issued for work governed by Chapter 4, Section 1 of the City Code in accordance with Minnesota Statutes §16B.70. Special Investigation Fee The fee for a special investigation shall be equal to (but in addition to) the building permit fee. Electrical Permits and Inspections Sec. 9-3-5.C The fee schedule set forth in Minnesota Statutes §326B.37 is adopted by reference and incorporated herein. Water Connection Charge Sec. 8-1-5.C $3,830.004,596.00/REC Sewer Connection Charge Sec. 8-1-6.C $9,147.009,513.00/REC Water Meter Assembly: Sec. 8-2-2.D 5/8-inch $432.82500.21/each + sales tax 1-inch $672.65714.94/each + sales tax DRAFT 4 1 ½-inch $1,095.701,245.97/each + sales tax 2-inch $1,341.641,455.72/each + sales tax Over 2-inch Quote Other Permit Fees (Flat Fee) Sec. 9-1-1.B Item Fee Surcharge Total Fireplace $75.00 $1.00 $76.00 Roof $150.00 $1.00 $151.00 Siding $150.00 $1.00 $151.00 Windows $75.00 $1.00 $76.00 Furnace $75.00 $1.00 $76.00 Air Conditioner $75.00 $1.00 $76.00 Furnace & Air Conditioner (same house) $100.00 $1.00 $101.00 Septic Install/Repair $250.00 $0.00 $250.00 Septic Tank (only) Replace $75.00 $0.00 $75.00 Water Softener $75.00 $1.00 $76.00 Water Heater $75.00 $1.00 $76.00 Door Replacement (same opening size) $75.00 $1.00 $76.00 Lawn Irrigation $75.00 $1.00 $76.00 Construction Escrows Sec. 11-19-2.E Landscape/As-Built Grading $3,000/lot Driveway/Sidewalk Urban Lot $2,000/lot Rural Lot $5,500/lot Burning Permit Sec. 5-5-4 No cost Fence Permit Sec. 11-19-4.A Basic Permit $50.00 Easement Encroachment $100.00 Second Driveway Permit Sec. 11-21-6.D.4 $100.00 Home Occupation Permit Sec. 11-28-3.A $50.00 Sign Permit Sec. 11-37-7.A.3 $50.00 Natural Landscaping Permit Sec. 5-2-3.F.1 $100.00 Sewer and Water Hook-Up Sec. 8-1-4.A Permit Included w/building permit Inspection $50.00/hr. New Construction Assessor’s Valuation Estimated Construction Value<$499,999 $60.00 Estimated Construction Value>$500,000 $160.00 Swimming Pool Administrative Permit Sec. 11-18-5.B $50.00 Lawful Gambling Sec. 4-7-6.D Investigation Fee $100.00 Archery Permit Sec. 6-3-3.L No cost Play Field Use Res #2013-65 City Sponsored Users No charge DRAFT 5 Recognized Youth Associations: Ballfield $300.00/seasonal field assignment Soccer (4v4 size field) $150.00/seasonal field assignment Soccer (Full size field) $300.00/seasonal field assignment Soccer (Lights) $4.00 per hour All Other Users: Athletic Tournaments $150.00 Per Tournament Day Camps $20.00 Per Day Monday-Thursday; Baseball $50.00/field/day Monday-Thursday; Field game $50.00/field/day Saturday/Sunday; Baseball $100.00/field/day Saturday/Sunday; Field game $100.00/field/day Other Charges: Public Works Staff/Equipment Refer to Sec. 3-1-2.E.9 Portable Toilets/Trach Containers Cost incurred Clean up of Site and/or Equipment Replacement A deposit may be required in an amount approved by the Parks and Recreation Commission. Park Living Memorials: Res #2012-08 Cost Incurred Prairie Park Veterans Memorial Paver: Res #2018-43 $50.00 Engraved Bench: Res #2021-78 $2,000.00 Park Shelters: Res #2013-13 Reservable shelters are located at Carrick’s Landing, Norin Landing, and Prairie Park Residents $20.00/per 2-hour reservation + sales tax Non-Residents $40.00/per 2-hour reservation + sales tax Prairie Center: Res #2014-21 Activity Room Resident $40.00/hr. + sales tax Non-Resident $55.00/hr. + sales tax Conference Room 1 (Fireplace) Resident $20.00/hr + sales tax Non-Resident $30.00/hr + sales tax Conference Room 2 (Northeast) Resident $15.00/hr + sales tax Non-Resident $20.00/hr + sales tax Conference Room 3 (Small) Resident $10.00/hr + sales tax Non-Resident $15.00/hr + sales tax Conference Room 4 (Southwest) Resident $20.00/hr + sales tax Non-Resident $30.00/hr + sales tax DRAFT 6 There shall be a $15.00/hour surcharge for room rentals after 5:00P Monday through Thursday, after 12:00 Noon on Friday or on Saturday or Sunday. The City may charge additional fees (and sales tax when required) for a security officer to be present or unusual or extra-ordinary services or facilities as determined by the Parks and Recreation Director. Nonprofits serving the Otsego area will have the opportunity to rent space at Prairie Center once per month for a fee of 50% of the regular residential fee rate for that space. Special Event Permit City Property Sec. 8-7-6 $25.00 All Others Sec. 4-2-4 $500.00 Outdoor Entertainment Permit Sec. 4-3-4 Single Event $50.00 Reoccurring Event on the same day (s) of week each calendar year $50.00 C. Development Applications Comprehensive Plan Amendment Base Fee $500.00 Escrow – Single Family $1,000.00 Escrow – All Others $3,000.00 Zoning Amendment (map or text): Sec. 11-3-2.A.1 Base Fee $500.00 Escrow – Single Family $1,000.00 Escrow – All Others $3,000.00 Variance: Sec. 11-6-4.C.1 Base Fee $500.00 Escrow – Single Family $1,000.00 Escrow – All Others $5,000.00 Conditional Use Permit: Sec. 11-4-2.A.1 Base Fee $500.00 Escrow – Single Family $1,000.00 Escrow – All Others $5,000.00 Interim Use Permit: Sec. 11-5-2.A.1 Base Fee $500.00 Escrow $5,000.00 Administrative Permit and Appeals: Sec. 11-8-2.A.1/ Sec. 11.7-3.D Base Fee $200.00 Escrow $400.00 Site Plan Review: Sec. 11-9-3.A.1 Base Fee $500.00 Escrow $5,000.00 Concept Plan/PUD Concept Plan: Sec. 11-3-2.A.1 Base Fee $500.00 Escrow $5,000.00 PUD Development Stage Plan: Sec. 11-36.4.D Base Fee $500.00 Escrow $5,000.00 PUD/CUP/IUP Approval Extension: Sec. 11-4-5.B.3/ DRAFT 7 11-5-6.B.3 Base Fee $200.00 Escrow $1,000.00 Sketch Plan/Preliminary Plat: Sec. 10-5-2.A.2 Base Fee $500.00 Escrow $5,000.00 Final Plat: Sec. 10-5-3.A.4 Base Fee $500.00 Escrow $5,000.00 Administrative Subdivision: Sec. 10-4-2.C Base Fee $200.00 Escrow $800.00 Environmental Assessment Worksheet Review Base Fee $500.00 Escrow $2,000.00 Development Contract/SIPA – Minimums Legal Escrow $1,500.00 Engineering / Construction Observation Escrow $10,000.00 City Administrative Fee $1,500.00 D. Development Fees Water Availability Charge Sec. 8-1-5.B $3,830.004,596.00/REC Sewer Availability Charge Sec. 8-2.5.B $3,049.003,171.00/REC Storm Water Impact: Sec. 8-4-1 Lefebvre Creek $3,061.003,165.00/gross acre Otsego Creek $4,808.004,972.00/net acre North Mississippi Watershed $8,559.008,851.00/gross acre Park Land Fee in Lieu of Land Dedication: Sec. 10-8-15 Residential Development $3,950.00/du Commercial Development $10,680.00/gross acre Industrial Development $2,418.00/gross acre Street Lighting Sec. 10-9-11 Street Light Operation (new installation) $500.00/fixture Decorative Street Light (Parkview Retail & GRC) $8,200.00/fixture CSAH 39/TH 101 AUAR NA $280.00/gross acre E. General Government Services General Labor (minimum 15 minutes) $30.00/hr. Copies: Black & White $0.25/per page Color $0.50/per page Zoning Confirmation Letter $60.00/parcel Special Assessment Search $35.00/parcel Returned Check Fee $30.00 Assessment Administration Fee $100.00/parcel Assessment Roll Copy $100.00 Special Meeting $500.00 DRAFT 8 Candidate Filing Fee $5.0025.00 Radon Test Kits $5.00/each Inspection Fee Sec. 9-4-3 Fire Sprinkler Inspections Residential (townhomes) $1.50/per square foot Fire Sprinkler Inspections Commercial Based on Valuation Other (non-permit) Building Safety Inspections $150.00 + $75.00 for each re-inspection Biannual Fire Inspection (commercial, industrial, and institutional uses) No charge for the first two inspections/costs incurred for any other inspection FOG Interceptor/Separator Inspection Sec. 8-3-11.E No charge Public Works (not otherwise specified) Labor per Employee – Full Time $50.00/hour + overtime per City Policy Labor per Employee – Seasonal $25.00/hour + overtime per City Policy Equipment: Tandem Axle Dump Truck $75.00140.00/hr. Single Axle Dump Truck $55.00/hr. Front-End Loader (3 Yard) $110.00/hr. Front-End Loader (1.5 Yard) $80.00/hr. Grader $168.00/hr. Excavator $95.00/hr. Skid Loader $55.00/hr. Skid Loader (Large) $80.0070.00/hr. Tractor with Attachment $50.00/hr. Utility Terrain Vehicle (UTV) $25.0040.00/hr. Message Board Trailer $12.0013.00/hr. Portable Generator Trailer (150 kW) $85.00/hr. Portable Generator Trailer (200 kW) $100.00115.00/hr. Crane Truck $40.0055.00/hr. Wood Chipper Trailer $75.00/hr. Water Tanker Truck $62.00/hr. Pickup (1/2 Ton) $30.00/hr. Pickup (3/4 Ton) $35.00/hr. Pickup (1 Ton) $40.00/hr. Zero Turn Lawn Mower $30.00/hr. Bucket Truck $45.00/hr. Walk Behind Snowblower $17.00/hr. Utility Trailer $20.00/hr. Trash Pump (w/ Hoses) $25.00/hr. Hand Tools $5.00/hr. Jet-Vac Combo Truck $125.00/hr. Jetter Truck $100.00/hr. Front-End Loader & Snowblower $210.00/hr. Street Sweeper $180.00/hr. Sandbags/Sand $10.00/bundle of 30 DRAFT 9 sandbags Items Not Listed: City Equipment FEMA schedule of equipment rates Rental Costs incurred Minimum Charge One (1) hour Expenses, Services, Supplies Actual cost + 15% + sales tax F. Animals Impound/Release Permit Sec. 6-2-11.C All costs incurred Fowl Keeping License Sec. 11-26-4.G.9 $20.00 G. Public Safety Administrative Enforcement Civil Penalties Sec. 1-5-3.B Class A (animal violations) $50.00 Class B (zoning violations- except signs) $200.00 Class C (nuisance, sign ordinance, business license, and building regulation violations) $200.00 Nuisance Abatement Fee $200.00 + costs incurred False Alarm Charge: Sec. 3-2-4 Fire No charge for first three (3) alarms, $200.00 for fourth (4) alarm, $200.00 + $50.00 for each successive alarm per calendar year Other No charge for first three(3) alarms, $50.00 for fourth(4) alarm, $100.00 for each successive alarm per calendar year Fire Services Charges Sec. 3-2-3 Mutual Aid: Agriculture, Residential Building, Vacant Parcel Cost incurred Commercial, Industrial, Institutional Building Cost incurred H. Engineering Wetland Delineation Review Sec. 11-16-5.B Base Fee $200.00 Escrow $2,000.00 Water Tower/Antenna Review $3,500.00 escrow Street Sign (sign + installation of new sign) Engineering Manual $250.00/sign Certification of Grading: Sec. 11-16-5.G Initial Survey Review $150.00/lot Each Re-Inspection $125.00/lot Petition for R.O.W. or Easement Vacation: Sec. 8-6-19 Base Fee $500.00 Escrow $1,000.00 Total $1,500.00 R.O.W. Permit: Sec. 8-6-7.A DRAFT 10 Excavation Fee $200.00 + cost incurred Obstruction Fee $2,000 or $2.50/ft whichever is greater Obstruction Escrow $5,000 or $2.50/ft whichever is greater Small Wireless Facility: Management Fee $200.00 Annual lease fee for use of City structure $150.00 Annual collocation maintenance fee $25.00 Electrical service fee Cost incurred Site Development (Grading) Permit: Sec. 9-6-3.D Up to five (5) acres $500.00 escrow More than five (5) acres $1,000.00 escrow GIS Data Entry: Engineering Manual Residential $100.00/acre Commercial, Industrial, Other $250.00/lot Public Improvement Assessments: Sec. 3-1-2.I Single family, two-family, and townhouse dwelling street assessment in accordance with the adopted Public Improvement Assessment Policy. Not to exceed $1,092.00 I. Public Utilities Municipal Water and Sewage Usage Rate Sec. 8-1-5.B Water and Sewer usage rates are established by the City Council with passage of a separate resolution on an annual basis. Any usage rate increases will be effective with the March billing Watering Ban Violation Fee Sec. 8-2-6.E $50.00 Delinquent Account Late Fee Sec. 8-1-9.A 5.00% on the unpaid portion of the account Delinquent Account Administration Fee Sec. 8-1-9 $100.00 Water Disconnect/Reconnect At Service Valve Fees Sec 8-2-3.B A minimum of $75.00 will be charged, which included includes one hour of labor. Additional labor will be charged in 15- minute increments at the Public Works labor rate. Equipment and material charges will apply as necessary Annual Storm water District Utility Fee for lots of final platted after November 15, 1990 Sec. 8-4-2 Agricultural Districts: A-2 District $39.4643.74/parcel DRAFT 11 Residential Districts: R-C, R-1, R-2, R-3 Districts $42.3246.91/lot R-4A, R-4 Districts $20.4422.66/lot R-5 Districts $16.2017.96/unit R-MH District $10.9212.10/unit R-6 District Single Family lot $16.2017.96/unit Other dwelling unit $8.459.37/unit R-7 District Single Family lot $16.2017.96/unit Twin home or townhouse dwelling unit $8.459.37/unit Multiple family dwelling unit $3.804.21/unit Business Districts $87.3996.87/gross acre Industrial Districts $87.3996.87/gross acre Storm Sewer Surcharge (Sump Pump) Sec. 8-3-7.D.4.b $50.00/month J. Franchise Fees Cable franchise application Sec. 4-10-9 $5,000.00 Section 6. This Ordinance shall become effective January 1, 2026, upon its passage and publication according to law. (Remainder of page intentionally blank signatures follow) DRAFT 12 ADOPTED by the Otsego City Council this 8th day of December, 2025. MOTION BY: SECONDED BY: IN FAVOR: OPPOSED: CITY OF OTSEGO __________________________________ Jessica L. Stockamp, Mayor ATTEST: __________________________________ Audra Etzel, City Clerk DRAFT City of OtsegoProperty Tax Levy CalculationsPayable 2026Revised: November 21, 2025$% $% $%2024 2025 2026 Change Change 2026 Change Change 2026 Change Change CommentGeneral Fund 6,336,000 7,000,000 7,802,000 802,000 11.46% 7,802,000 802,000 11.46% 7,545,000 545,000 7.79%Tax Abatements 88,224 87,436 108,624 21,188 24.23% 108,624 21,188 24.23% 108,624 21,188 24.23%Debt ServiceSeries 2018A 102,144 104,308 106,314 2,006 106,314 2,006 106,314 2,006 Series 2020A 197,000 186,000 186,000 - 186,000 - 186,000 - Series 2024A - - 1,339,065 1,339,065 1,339,065 1,339,065 1,275,300 1,275,300 Sub-total 299,144 290,308 1,631,379 1,341,071 461.95% 1,631,379 1,341,071 461.95% 1,567,614 1,277,306 439.98%Capital ReservesPavement Management 1,000,000 800,000 600,000 (200,000) 600,000 (200,000) 600,000 (200,000) Trails Management 70,000 76,000 82,000 6,000 82,000 6,000 82,000 6,000 Parks Equipment 400,000 425,000 450,000 25,000 450,000 25,000 450,000 25,000 Capital Equipment Revolving 550,393 587,937 613,954 26,017 613,954 26,017 613,954 26,017 Fire Reserve 210,000 - - - - - - - Fire Capital Revolving - 6,189 8,333 2,144 8,333 2,144 8,333 2,144 City Buildings & Property 35,000 120,000 130,000 10,000 130,000 10,000 130,000 10,000 Sub-total 2,265,393 2,015,126 1,884,287 (130,839) -6.49% 1,884,287 (130,839) -6.49% 1,884,287 (130,839) -6.49%Use of Fund Balances (220,152) (220,152) (220,152) (220,152) Grand Total 8,988,761 9,392,870 11,206,138 1,813,268 19.30% 11,206,138 1,813,268 19.30% 11,105,525 1,712,655 18.23%Growth (%) -3.66% 4.50%Tax Capacity 39,516,976 39,284,126 40,707,494 42,446,791 42,446,791 UPDATED - Per Wright CountyGrowth (%) 23.20% -0.59% 3.62% 8.05% 8.05%Net Tax Capacity 38,897,895 38,570,629 40,337,056 41,701,870 41,701,870 UPDATED - Per Wright CountyGrowth (%) 23.29% -0.84% 4.58% 8.12% 8.12%Tax Rate 23.109 24.352 27.781 26.872 26.631 Population 22,705 23,132 23,790 23,790 23,790 Source = MN State DemographerTax Levy Per Capita 396 406 471 471 467 Residential City Tax City Tax City Tax City TaxValuation Tax Capacity 2025 2026 Change ($) Change (%) 2026 Change ($) Change (%) 2026 Change ($) Change (%)200,000 1,715 418 476 58 13.88% 461 43 10.29% 457 39 9.33%300,000 2,805 683 779 96 14.06% 754 71 10.40% 747 64 9.37%402,500 3,922 955 1,090 135 14.14% 1,054 99 10.37% 1,044 89 9.32%500,000 4,985 1,214 1,385 171 14.09% 1,339 125 10.30% 1,327 113 9.31%600,000 6,250 1,522 1,736 214 14.06% 1,680 158 10.38% 1,664 142 9.33%Description 2024 2025 2026 Change ($) Change (%) 2026 Change ($) Change (%) 2026 Change ($) Change (%)Median Appraised Value 402,700 386,400 402,500 16,100 4.17% 402,500 16,100 4.17% 402,500 16,100 4.17%Less: MV Exclusion (997) (11,774) (10,325) (10,325) (10,325) Taxable Market Value 401,703 374,626 392,175 392,175 392,175 Tax Capacity 4,017 3,746 3,922 175 4.68% 3,922 175 4.68% 3,922 175 4.68%Taxing Estimated Estimated Estimated Estimated EstimatedAuthority Tax Tax Tax Change ($) Change (%) Tax Change ($) Change (%) Tax Change ($) Change (%)City of Otsego 928 912 1,090 178 19.52% 1,054 142 15.57% 1,044 132 14.47%Levy DescriptionCity Taxes Only. Bold valuation is the Median Value of all residential properties within the City and is provided by the Wright County Assessor. This range of values represents 92.8% of all residential homesteads within the City.City Taxes Only. Based on the Median Value for each respective year. Note: The formula for tax capacity changed in 2025 to due legislative changes for the Homestead Market Value Exclusion Program.Preliminary Levy - (9/22/2025) Preliminary Levy - UPDATED Tax Capacity Current Working LevyY:\Budget\2026\Property Taxes\Tax Levy Calculations (2026)2026-V4 TO: Mayor and Councilmembers FROM: Sabrina Hille, Assistant City Administrator & Human Resources DATE: November 24, 2025 SUBJECT: 2026 Cost of Living Adjustment (COLA) Analysis __________________________________________________________________________________________________ As part of the 2026 budget discussions, City staff have worked to provide information to the City Council for making decisions on the cost-of-living adjustments (COLA). These adjustments are applied to the regular pay plan, and employees at the top of their pay scale only receive this adjustment. Staff have collected data from comparable cities used in the 2023 Classification and Compensation Study, as well as neighboring communities. Information from the other communities is listed below, some cities are included in both lists as they met both criteria. This is the most recent data staff has collected: Compensation Study Comparables: Neighboring Communities: City 2026 Andover 4.00% Champlin 3.00% Chanhassen 3.00% Chaska 3.00% Elk River 3.00% Farmington 3.50% Forest Lake 3.00% Maple Grove 3.00% Rogers 4.00% Savage 3.00% St Michael 4.00% Average 3.32% City 2026 Albertville 4.00% Annandale 4.00% Big Lake 3.00% Buffalo 5.00% Clearwater 3.50% Corcoran 3.50% Dayton 4.00% Delano 3.50% Elk River 3.00% Hanover 5.00% Howard Lake 4.00% Monticello 3.00% Rogers 4.00% St Michael 4.00% Average 3.82% Bureau of Labor Statistics In addition to the data gathered above, City staff also assembled the following information from the U.S. Bureau of Labor Statistics. Consumer Price Index – Minneapolis-St. Paul-Bloomington Area (12 Month Percent Changes) https://www.bls.gov/regions/midwest/news-release/consumerpriceindex_minneapolis.htm Changing Compensation Costs – Minneapolis Metropolitan Area (12 Month Percent Changes) https://www.bls.gov/regions/midwest/news-release/employmentcostindex_minneapolis.htm COLA History For reference, the City Council has approved the following cost-of-living adjustments in the past few years: Impacts City staff have developed the following table that provides summarized information of wages and payroll taxes and the impacts of a range of COLA changes: Decision Throughout the 2026 budget review process, a 4.00% COLA has been included within the budgets. Based on the analysis provided, that assumption is consistent with what our direct neighboring communities are including within their budgets. City staff are looking for a decision from the City Council for inclusion in the final budgets and pay plans for adoption in December. Year Jan Mar May Jul Sep Nov Average 2023 5.10 3.40 1.80 1.00 2.20 2.80 2.72 2024 2.60 2.70 2.60 3.50 1.90 1.70 2.50 2025 3.00 2.20 2.40 1.80 2.35 Year Q1 Q2 Q3 Q4 Average 2023 4.30 4.10 3.60 3.70 3.93 2024 4.20 4.30 4.20 3.70 4.10 2025 5.70 5.70 5.70 2025 4.00% 2022 3.00% 2023 3.50% 2024 4.00% Year Percent 2021 2.25% General Utilities Wages &Incremental Total Wages &Incremental Total Payroll Taxes Increase Increase > 0%Payroll Taxes Increase Increase > 0% 0.00%3,831,069 1,489,178 1.00%3,865,046 33,977 33,977 1,502,791 13,613 13,613 2.00%3,899,023 33,977 67,954 1,516,405 13,614 27,227 2.50%3,916,012 16,989 84,943 1,523,211 6,806 34,033 3.00%3,933,001 16,989 101,932 1,530,018 6,807 40,840 3.50%3,949,989 16,988 118,920 1,536,825 6,807 47,647 4.00%3,966,978 16,989 135,909 1,543,632 6,807 54,454 4.50%3,983,966 16,988 152,897 1,550,438 6,806 61,260 5.00%4,000,955 16,989 169,886 1,557,245 6,807 68,067 Grade12345670 - 50 1 25.59$ 26.68$ 27.79$ 28.95$ 30.17$ 31.44$ 32.75$ 51 - 96 2 27.12$ 28.28$ 29.45$ 30.68$ 31.98$ 33.31$ 34.72$ 97 - 114 3 28.75$ 29.97$ 31.21$ 32.53$ 33.89$ 35.33$ 36.81$ 115 - 163 4 30.48$ 31.75$ 33.09$ 34.50$ 35.93$ 37.43$ 39.01$ 164 - 187 5 32.30$ 33.68$ 35.08$ 36.55$ 38.08$ 39.69$ 41.35$ 188 - 197 6 34.25$ 35.68$ 37.19$ 38.74$ 40.37$ 42.08$ 43.84$ 198 - 205 7 36.30$ 37.84$ 39.42$ 41.07$ 42.79$ 44.60$ 46.47$ 206 - 222 8 38.48$ 40.09$ 41.79$ 43.53$ 45.36$ 47.27$ 49.25$ 223 - 236 9 40.79$ 42.49$ 44.28$ 46.14$ 48.09$ 50.10$ 52.21$ 237 - 249 10 43.24$ 45.05$ 46.95$ 48.91$ 50.96$ 53.10$ 55.35$ 250 - 260 11 45.82$ 47.76$ 49.76$ 51.84$ 54.03$ 56.30$ 58.67$ 261 - 290 12 48.59$ 50.62$ 52.75$ 54.95$ 57.27$ 59.68$ 62.18$ 291 - 363 13 51.49$ 53.65$ 55.91$ 58.25$ 60.72$ 63.25$ 65.90$ 364 - 380 14 54.58$ 56.87$ 59.27$ 61.76$ 64.34$ 67.05$ 69.86$ 381 - 400 15 57.87$ 60.29$ 62.82$ 65.46$ 68.21$ 71.07$ 74.06$ 401 - 414 16 61.33$ 63.90$ 66.59$ 69.39$ 72.29$ 75.34$ 78.50$ 415 - 460 17 65.00$ 67.75$ 70.58$ 73.56$ 76.64$ 79.85$ 83.21$ 461 - 471 18 68.91$ 71.80$ 74.82$ 77.96$ 81.23$ 84.65$ 88.20$ 472 - 486 19 73.05$ 76.11$ 79.31$ 82.65$ 86.10$ 89.73$ 93.50$ 487 - 497 20 77.42$ 80.67$ 84.07$ 87.59$ 91.29$ 95.11$ 99.09$ 498 - 508 21 82.08$ 85.52$ 89.12$ 92.85$ 96.75$ 100.83$ 105.06$ Approved by City Council - TBD2026 Pay PlanPosition PointsY:\Budget\2026\Wages and Benefits\Pay Plans (2026)2026-FT City of OtsegoSeasonal and Temporary EmployeesPay Plan (2026)Description Minimum Maximum NotesRecreation Department 15.00$ 22.00$ No change from 2025.Seasonal Maintenance 15.00 22.00 No change from 2025.Election Specialists and Judges 16.00 20.00 2025 Range of $15.00 to $19.00Internships 16.00 22.00 No change from 2025.Notes: Actual hourly rates for employees will be a recommendation from the Supervisor, basedon qualifications, previous experience, market conditions, etc., subject to review andapproval from Human Resources and the City Administrator.Adjustments to this pay plan will be considered annually.All pay is subject to State & Federal Minimum wage laws.Approved by City Council - TBDRangeY:\Budget\2026\Wages and Benefits\Pay Plans (2026)2026-PT