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Edina HRA adopts 2026 budget and levy, a 3% increase
Summary
The Edina HRA adopted Resolution 2025-9, approving a proposed 2026 HRA budget of $267,100 — a $7,800 (3%) increase over 2025 — and establishing the proposed tax levy to support HRA operations.
The Edina Housing and Redevelopment Authority voted Dec. 11 to adopt its proposed 2026 budget and tax levy. Executive Director Scott Neal presented the budget increase and the board approved Resolution 2025-9 to adopt the proposed figures.
Neal said the HRA’s current budget is $259,300 and the proposed 2026 budget is $267,100, a $7,800 increase (3%) intended to cover personnel and administrative overhead for economic development and housing programs. Commissioners discussed the HRA’s role versus an Economic Development Authority and the value of the staff position that supports redevelopment work. Commissioner Jackson moved adoption and Commissioner Agnew seconded; the motion carried.
The resolution establishes the HRA’s proposed levy payable in 2026; the board recorded the adoption and directed staff to proceed with next steps under municipal budgeting processes.
