On 12/16/24, the City Council held the Truth in Taxation meeting. ABDO Finance presented the 2025 budget details, and subsequently, the city conducted a public hearing for the Truth in Taxation. After careful deliberation, the Council set the 2025 levy at $1,886,434, an increase of $132,233 or 7.54% from 2024. Since the budget process started in May, city staff has reviewed each line item in the budget and adjusted several line items accordingly. The majority of the increase is directly related to the initial maintenance for the 2024 street construction bond. The general fund only increased 0.14% from 2024. Throughout October and November, the City Council will work through the budget to prepare for the Truth-in-Taxation meeting.The final certification of the levy must be sent to Hennepin County no later than December 31, 2024.