2019 city budget to be approved at December 10 council meeting

The city Truth-in-Taxation meeting to hear proposed expenses and areas where city tax payer dollars will be focused for 2019 was held December 3.  The final budget is on the council agenda December 10.  There are no expected changes to the proposed budget at this time. 

Residents are encouraged to view the proposed 2019 general fund operating budget

The proposed budget is 1.4% higher than the 2018 budget. There is also a proposed 3% increase in the property tax levy for 2019.  This is the amount the city will take in over the year in property tax dollars. Due to home value increases and new construction, the city is proposing a preliminary property tax rate decrease of 0.3%.  This means a property owner with no change in market value from 2018 to 2019 should experience a 0.3% decrease in the city portion of property taxes.  If a property’S market value went up or down from 2018 to 2019, property taxes would change proportionately.

If you have questions or comments, please contact the city administrator, Greg Lerud, or the finance director, Joe Rigdon., or call city hall at 952.960.7900.

A reminder that this is not the meeting to discuss your specific property valuation. That meeting takes place with the county assessor each May.