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Item No: 8.C.1. <br /> Meeting Date: December 9, 2024 <br /> MOUN-DIS, <br /> VVtE-W Type of Business: Council Business <br /> Administrator Review: <br /> City of Mounds View Staff Report <br /> To: Honorable Mayor and City Council <br /> From: Gayle Bauman, Finance Director <br /> Item Title/Subject: Resolution 10015 Adopting the 2025 Property Tax Levy <br /> Attached is a resolution adopting the 2025 property tax levy. The Truth-in-taxation meeting was held on <br /> December 2, 2024 and the public was provided an opportunity to comment. The City Council has <br /> proposed a final overall levy increase (including both the City levy and EDA levy) of 8.53%. <br /> The City Council may adopt the tax levy on December 9'meeting or schedule an additional meeting if <br /> necessary to adopt it no later than December 23, 2024. <br /> Staff recommends that the City Council adopt the attached resolution adopting the 2025 property tax <br /> levy. <br /> Respectfully submitted, <br /> Gayle Bauman <br /> Finance Director <br />