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; a...

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