City of Northfield MN
File #: Res. 2024-134    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/28/2023 In control: City Council
On agenda: 12/3/2024 Final action: 12/3/2024
Title: Consider Adopting the 2024/Payable 2025 Tax Levy.
Indexes: 2025 Budget
Attachments: 1. 1 - Res 2024 Adopt 2025 City Levy 15.pdf

City Council Meeting Date:                     December 3, 2024

 

To:                                          Mayor and City Council

                                          City Administrator

 

From:                                          Brenda Angelstad, Finance Director                     

 

Title

Consider Adopting the 2024/Payable 2025 Tax Levy.

 

Body

Action Requested:                     

The Northfield City Council adopts the attached Resolution approving a final levy for the City of Northfield.

 

Summary Report:

A final levy resolution for a $17,731,596 city-wide levy, which includes the EDA and HRA levies is attached.  Details are included in the budget hearing information.

 

Alternative Options:

This is the same as the preliminary levy set on September 17th, 2024.  The proposed levy is $215,000 lower than the preliminary levy.

 

Financial Impacts:                     

Included in budget presentation and past meetings.

 

Tentative Timelines:                     

The final levy must be passed in December for remittance to the County.