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Lake Elmo council adopts 2025 property tax levy and city budgets
Summary
The City Council approved Resolution 2024‑134 setting the 2025 property tax levy and adopting the 2025 budgets after a truth-in-taxation hearing and council discussion about how the rate change was presented to the public.
Lake Elmo City Council approved Resolution 2024‑134 on a voice vote to set the 2025 property tax levy and adopt the city’s 2025 budgets following a brief truth‑in‑taxation hearing.
The finance director presented the budget package and described a structural change moving capital transfers into a separate capital levy. The director said the general fund reflects an overall decrease of roughly 2.3 percent driven by moving capital transfers out of that fund, while the city has reallocated…
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