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Council reviews preliminary levy, revenue trends and reserve policy
Minnetrista City Council (work session) · August 5, 2024
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Summary
Council staff presented a budget overview showing a projected 2025 general fund value of $5,170,000 and discussed a preliminary levy around 9.4%, reserve policy (40% minimum) and timing for rate and insurance numbers ahead of certification.
City staff presented a preliminary budget and levy review, highlighted recent revenue trends and urged the council to approve a conservative starting levy while final figures arrive.
Presenter (Speaker 3) summarized recent levy history and fund-balance trends and noted a 2025 general fund valuation figure of $5,170,000. During discussion a…
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