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Anoka County regional rail authority approves 2026 budget, will use reserves to cover remaining Northstar debt
Summary
The Anoka County Regional Rail Authority unanimously approved its proposed 2026 budget and tax levy and will draw on reserves to pay remaining debt service tied to the Northstar commuter rail through February 2027, officials said.
The Anoka County Regional Rail Authority unanimously approved its proposed 2026 budget and tax levy and will use reserve funds to pay the remaining debt service tied to the Northstar commuter rail, commissioners voted during a meeting where staff described the authority’s winding-down operations.
Dee Goodman, executive director for Regional Rail Anoka County, told commissioners the 2026 budget “closely resembles last year” and that the primary change is use of reserves to cover debt service. Goodman said the authority expects to finish paying the debt in February 2027 and recommended leaving the current projected balance of…
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