City Council Meeting Date: September 23, 2025
To: Mayor and City Council
From: Ben Martig, City Administrator
Brenda Angelstad, Finance Director
Title
Consideration of Resolution Adopting a Proposed 2025 Total Tax Levy Payable in 2026, includes HRA & EDA.
Body
Action Requested:
Council approval of the attached Resolution Adopting a Proposed 2025 Tax Levy Payable in 2026.
Summary Report:
This action is a requirement of State law, which provides that all local governments approve a preliminary tax levy and budget on or before September 30th of each year.
This preliminary levy constitutes the basis for the “Notice of Proposed Taxes” sent to property owners in mid to late November of each year - just prior to the public hearings. The preliminary levy amount sets the maximum limit. For final approval in December, the levy may be reduced, but not increased.
Resolutions for property tax levy increases of 9.9% and 10.2% will be sent in a supplemental memo.
City Administrator Martig will be giving a presentation for this agenda item under the previous agenda item for the budget adoption. There will be a formal public hearing on the budget and tax levies at a regular meeting on December 2, 2025.
Alternative Options:
None based on prior discussions at the last budget worksession.
Financial Impacts:
The preliminary levy sets the maximum amount we are able to levy. The council may not increase the total levy after September 30 but they may decrease after that point.
Tentative Timelines:
• The preliminary levy must be submitted to the county by September 30, 2025.
• The final levy will be considered for adoption in December 2025, at least after the public hearing on December 2, 2025.