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Apple Valley adopts preliminary 2026 budget, sets Truth‑in‑Taxation hearing for Nov. 25
Summary
Council adopted the preliminary 2026 budget and maximum property tax levy, setting a Nov. 25 Truth‑in‑Taxation meeting; staff said the levy increase is driven largely by increased debt service and capital‑intensive investments.
On Sept. 11, 2025, the Apple Valley City Council adopted a preliminary 2026 budget and certified a maximum property tax levy that staff said increases the levy by $5,142,000 (about 13 percent) and sets the Truth‑in‑Taxation hearing for 7 p.m. on Nov. 25, 2025.
Ron (staff member) presented the budget package and told the council the total all‑fund budget is about $130.07 million, with the general fund proposed revenues at $50,572,970 and taxes making up roughly three‑quarters of that figure. He said capital outlay remains a major driver this year and that debt service increases — including voter‑approved park referendum bonds and facilities capital improvement bonds —…
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