2.2.
| CC Work Session |
| Meeting Date: | 11/10/2026 |
| Primary Strategic Plan Initiative: | Identify and implement operational efficiencies, cost savings and additional funding sources. |
Information
Title:
Review 2027 Budget and Levy Before Final Adoption
Purpose/Background:
The preliminary budget and levy was adopted at the Regular City Council meeting of September 22, 2026 (Levy presentation attached). The preliminary levy adopted was $24,769,454 or 6.13% increase over the 2026 adopted levy of $23,338,916.
The tax impacts to residential and commercial properties have been updated with preliminary (TNT) levy/tax capacity rates received from Anoka County. These numbers are what will be reflected on the Truth and Taxation notices mailed to residents mid to late November.
The Truth and Taxation public hearing is scheduled for Tuesday, December 8, 2026. The adoption of the 2027 property tax levy and 2027 General Fund budget is scheduled to immediately follow this hearing.
The tax impacts to residential and commercial properties have been updated with preliminary (TNT) levy/tax capacity rates received from Anoka County. These numbers are what will be reflected on the Truth and Taxation notices mailed to residents mid to late November.
The Truth and Taxation public hearing is scheduled for Tuesday, December 8, 2026. The adoption of the 2027 property tax levy and 2027 General Fund budget is scheduled to immediately follow this hearing.
Time Frame/Observations/Alternatives:
20-30 minutes
Recommendation:
Review 2027 Budget and Levy before final adoption.
Outcome/Action:
Review 2027 Budget and Levy before final adoption.
Attachments
- 2027 Preliminary Levy Presentation
- Tax Impact - Residential & Commercial 6.13% Levy
- Tax Capacity
- Tax Capacity Comparison Anoka County Cities 2026 TNT #'s
- 2027 Personnel Requests
- 2027 Capital Requests
- 2027 Proposed General Fund Budget
- 2027 Proposed EDA Budget
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Brian Hagen | Diana Lund | 11/05/2026 01:09 PM |
| Diana Lund (Originator) | Diana Lund | 11/05/2026 01:11 PM |
| Brian Hagen | Brian Hagen | 11/05/2026 01:22 PM |
- Form Started By:
- Diana Lund
- Started On:
- 11/05/2026 06:56 AM
- Final Approval Date:
- 11/05/2026