HomeMy WebLinkAbout24-109 - ADMIN Resolution - City Council - 2024/09/16Resolution No. 24-109
Approving 2025 preliminary property tax levy, and setting public hearing date
for the 2025 budget and final property tax levy
Whereas, the City of St. Louis Park is required by Charter and state law to approve a
resolution setting forth an annual tax levy to the Hennepin County Auditor; and
Whereas, Minnesota Statutes require approval of a preliminary property tax levy on or
before September 30th of each year; and
Whereas, the city council has received the proposed budget information; and
Whereas, after the approval of the proposed EDA and HRA levies by the EDA and city
council in addition to the general and debt service levies below, the overall preliminary levy
increase will be 7.52 percent
Now therefore be it resolved that the truth in taxation public hearing will be held on
December 2, 2024; and
It is further resolved that the city council of the City of St. Louis Park, Hennepin County,
Minnesota, that the following sums of money be levied for collection in 2025 upon the taxable
property in said City of St. Louis Park for the following purposes:
2024 2025
adopted proposed
Tax capacity-based tax
levy levy levy
General $37,385,447 $41,742,311
Debt service 6,362,813 6,856,221
Total $43,748,260 $48,598,532
Be it further resolved that the chief financial officer is hereby authorized and directed
to transmit this information to the County Auditor of Hennepin County, Minnesota and the
Minnesota Department of Revenue, if applicable, in the format requested as required by law.
Reviewed for administration: Adopted by the city council September 16, 2024:
Kim Keller, city manager Nadia Mohamed, mayor
Attest:
Melissa Kennedy, city clerk
Docusign Envelope ID: 42C43123-7006-40CB-8A76-CA6C29EE0B23