Legislation Details

File #: RES 26-1599    Version:
Type: Resolution Status: Agenda Ready
In control: City Council
Final action:
Title: Approving a 2027 maximum property tax levy for the City.
Sponsors: Rebecca Noecker
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Title

Approving a 2027 maximum property tax levy for the City.

Body

WHEREAS, in accordance with Section 10 of the City Charter, Mayor Her presented to the City Council on August 13, 2026 the Mayor's proposed budget; and in accordance with City ordinance, Mayor Her presented to the City Council on August 13, 2026 the Library Agency's proposed budget with the combined Mayor's proposed budget and the Library Agency's proposed budget totaling $887,760,012 for operations and $195,285,720 for capital improvements; and

                                                                

WHEREAS, the Mayor did recommend, as part of the comprehensive 2027 financing plan for the City of Saint Paul, that the net property tax levy payable in 2026 be $248,316,456 as detailed below:      

                                                                                  

      Mayor's Recommended Tax Levy:                  

     

      City Levy for City Operations       190,511,446

      City Levy for Debt Service             30,007,263

      City Levy for Library Agency          24,571,047 

      Total Recommended:                   245,089,756 

    

      Levy for Port Authority                     3,226,700

     

      Net Levy                                     248,316,456

 

      Levy for Port Authority                   (3,226,700)                  

     

      Net Levy for City Government      245,089,756

 

                                                        

                                                                                         

NOW, THEREFORE, BE IT RESOLVED, that in accordance with Minnesota Statutes, Section 275.065 Subdivision 1, the City Council, after considering the Mayor's recommendations, but absent public hearings on the Mayor's budget proposal, does hereby accept the budgets for fiscal year 2027, as proposed by the Mayor, as constituting the proposed budgets for the City of Saint Paul and the Saint Paul Library Agency; and be it

                                                                     

FURTHER RESOLVED, that in accordance with the same referenced statute, the City Council, as a taxing authority, and after considering the Mayor's recommendation for property tax levies, including the requests of the Port Authority and the Library Agency, does hereby certify to the Ramsey County Auditor that the proposed maximum tax levy for the City of Saint Paul for taxes payable in 2027 (for use in calculating the Truth-In-Taxation notices to be mailed in November of 2026) as:

 

Net Levy (City Operations, City Debt, Port Authority, and Library Agency): $248,316,456 

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