The City budget is the financial plan for the City’s General Fund for the coming year that provides city services, such as police and fire services, street and park maintenance, planning and zoning, and elections administration, to name a few. The City’s budget only makes up a portion of your property taxes. The County and School districts, along with smaller taxing jurisdictions rely on property taxes as well.

Preliminary Tax Levy

The Minnetrista City Council has approved a tax levy of $6,983,010  for the year 2025, marking a 9.44% increase over the 2024 levy. 

Tax Impact to a home in Minnetrista, a 1.0% valuation increase: based on levy increase of 9.44% with 2.0% growth in City (using a projected tax rate of 20.48%) 

What this Means for Residents. Homeowners should prepare for an increase in the City portion of their tax bills in 2025. For those with a median-valued home of approximately $650,000, the estimated annual increase will be around $100, which translates to about $8-$9 more per month. This estimate is based on the average valuation increase for properties.

Understanding Your Tax Bill. Typically, the City portion represents about 19-22% of your total tax bill from   Hennepin County. The 2025 preliminary tax statements, which will be sent out by Hennepin County in November, will detail how the changes apply specifically to your property.

Resident Input. Residents are encouraged to participate in the upcoming City Council meeting on December 2, 2024, at 7:00pm. This meeting will not only finalize the levy and budget for the upcoming year but also provide a platform for public comment. Your insights and questions are vital as the City Council finalizes the 2025 financial plans, including the fee schedule and other related documents.

Stay Informed. For more information about the 2025 budget and upcoming meetings, visit the City’s website. Keeping informed will help you understand how these changes impact your finances and the community.