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Waite Park EDA approves $85,310 special levy for 2026
Summary
The Waite Park Economic Development Authority voted to adopt a 2026 special levy of $85,310, set at 50% of the statutory maximum using taxable market value as recommended by county staff; the EDA noted the levy is nearly unchanged from 2025.
The Waite Park Economic Development Authority voted to adopt a 2026 special levy of $85,310, a figure staff said was set at 50% of the maximum permitted by state statute and calculated using taxable market value rather than estimated market value.
A staff member told the EDA the proposed levy is “extremely close” to the 2025 levy, differing by about $50, and that the shift from estimated to taxable market value—per a recommendation from Stearns County staff—explains the minor change in the amount. The staff member also said the EDA and city council must later take the usual separate city-council action if they wish to carry the levy into the regular council levy process.
Committee member 4 moved to adopt the resolution approving the 2026 special levy; the motion was seconded and carried by voice vote. No roll-call tally was recorded in the transcript. The EDA adjourned before the regular City Council session began.
The resolution and its adoption do not, by themselves, change the city’s general fund budget; staff said that any spending tied to the levy would be addressed later in the budget process.
