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Shakopee EDA previews 2026 levy, proposes $50,000 admin transfer and EV charger request

6490370 · October 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented the Economic Development Authority's proposed 2026 budget, including a recommended EDA levy of $550,000, a new $50,000 transfer to the general fund for administrative support, and a placeholder for a level 3 EV charger at Quarry Lake tied to a state grant and Xcel Energy contribution.

Shakopee — City staff on Oct. 21 presented the proposed 2026 Economic Development Authority (EDA) budget and described priorities, staffing allocations and special projects the EDA funds.

Staff recommended increasing the EDA property tax levy to $550,000 (a $50,000 increase) for 2026. The proposal includes funding for the economic development coordinator position (full time) and a share of planning/administrative staff time. New this year, staff proposed a $50,000 transfer from the EDA to the city’s general…

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