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Lakeville council adopts preliminary $52.3 million levy, sets Dec. 1 truth‑in‑taxation hearing

Lakeville City Council · September 3, 2025
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Summary

The Lakeville City Council on Sept. 2 approved a preliminary 2026 property tax levy of $52,300,000 and set a Dec. 1 public hearing for final levy adoption; officials said tax base growth offsets much of the increase and estimated a median‑valued homeowner would pay about $81 more per year.

The Lakeville City Council voted unanimously Sept. 2 to adopt a preliminary 2026 property tax levy of $52,300,000 and to set a truth‑in‑taxation public hearing for Dec. 1 at 6 p.m. in council chambers.

Finance Director Ms. Stahl told the council the city’s growing tax base was absorbing most of the levy increase.…

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