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Minnetonka council adopts 2026 budget and tax levy, sets utility rate changes
Summary
The Minnetonka City Council adopted its 2026 operating budget and the related tax levy after public comment and prolonged debate, approving utility rate increases aimed at funding long‑term infrastructure and a multi‑year public safety plan.
The Minnetonka City Council adopted the 2026 budget and set the property tax levy at the preliminary level discussed during the truth‑in‑taxation hearing, voting unanimously after public comment. The package includes a roughly 7.9% levy (preliminary 7.91% discussed at the hearing) and utility rate changes staff said are needed to fund aging infrastructure and a public safety master plan.
City Manager Mike Funk and Finance staff outlined the drivers of the increase: wage and benefit pressures, health insurance cost growth, a new Minnesota Paid Family Medical Leave cost, and the city’s multi‑year public safety investment to add firefighters, equipment and records management…
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