Title
Approving a 2026 maximum property tax levy for the City.
Body
WHEREAS, in accordance with Section 10 of the City Charter, Mayor Carter presented to the City Council on August 29, 2025 the Mayor's proposed budget; and in accordance with City ordinance, Mayor Carter presented to the City Council on August 29, 2025 the Library Agency's proposed budget with the combined Mayor's proposed budget and the Library Agency's proposed budget totaling $886,919,155 for operations and $151,744,319 for capital improvements; and
WHEREAS, the Mayor did recommend, as part of the comprehensive 2026 financing plan for the City of Saint Paul, that the net property tax levy payable in 2026 be $232,501,130 as detailed below:
Mayor's Recommended Tax Levy:
City Levy for City Operations 180,273,258
City Levy for Debt Service 26,240,681
City Levy for Library Agency 23,085,491
Total Recommended: 229,599,430
Levy for Port Authority 2,901,700
Net Levy 232,501,130
Levy for Port Authority (2,901,700)
Net Levy for City Government 229,599,430
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 2026, 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...
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