2.1.
| CC Work Session |
| Meeting Date: | 08/26/2025 |
| Primary Strategic Plan Initiative: | {ud_pd2} |
Information
Title:
Continued Review of Preliminary 2026 General Fund Budget/Levy
Purpose/Background:
Continued review of the proposed 2026 General Fund Budget and respective tax levies. The numbers presented reflect a 7.5% levy increase. (A comparison of proposed 2026 levies of Anoka County & some Anoka County cities (prepared by Anoka County) is attached).
Cash flows are attached that reflect the funds of: Equipment Fund, HRA/COR Fund and MSA Fund. These will be explained in further detail at the worksession.
Several items are attached for review:
1. Tax Capacity Rate Calculation Estimate
2. 2026 Personnel Requests
3. 2026 Capital Equipment Requests - Current requests only are shown
4. 2026 Requested General Fund Budget
5. 2026 Requested EDA Budget
6. Summary of items removed from original budget requests
7. Tax Impact - Residential & Commercial
8. Cash Flows - Equipment Fund, HRA/COR fund, and MSA Fund
9. 2026 Proposed Levy Comparisons - Anoka County Summary
Cash flows are attached that reflect the funds of: Equipment Fund, HRA/COR Fund and MSA Fund. These will be explained in further detail at the worksession.
Several items are attached for review:
1. Tax Capacity Rate Calculation Estimate
2. 2026 Personnel Requests
3. 2026 Capital Equipment Requests - Current requests only are shown
4. 2026 Requested General Fund Budget
5. 2026 Requested EDA Budget
6. Summary of items removed from original budget requests
7. Tax Impact - Residential & Commercial
8. Cash Flows - Equipment Fund, HRA/COR fund, and MSA Fund
9. 2026 Proposed Levy Comparisons - Anoka County Summary
Notification:
The preliminary levy/budget is scheduled for adoption at the regular City Council meeting of September 23, 2025.
Time Frame/Observations/Alternatives:
30 minutes
Recommendation:
Continued review of 2026 budget/levy to determine preliminary levy amount to be adopted at the September 23, 2025 regular City Council meeting.
Outcome/Action:
Continued review of 2026 budget/levy to determine preliminary levy amount to be adopted at the September 23, 2025 regular City Council meeting.
Attachments
- Tax Capacity Rate Estimate - 7.5%
- 2026 Personnel Requests
- 2026 Capital Equipment Requests-Current Requests only
- 2026 General Fund Budget - 7.5% Levy Increase
- 2026 Proposed EDA Budget
- Summary Items Removed/Added From Original Budget Requests
- Tax Impact - Residential & Commercial 7.5% Levy
- Cash Flows - Equipment, HRA/COR & MSA
- Anoka County Summary 2026 Proposed Levies
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Brian Hagen | Brian Hagen | 08/21/2025 02:47 PM |
- Form Started By:
- Diana Lund
- Started On:
- 08/20/2025 10:04 AM
- Final Approval Date:
- 08/21/2025