Budget & Tax Levy
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Budget Process & Timeline
All Minnesota cities establish annual budgets for a fiscal year that coincides with the calendar year. The City of St. Anthony's budget process begins in late spring, when each department develops and submits requests for the next year's operating budget and the five-year capital improvement program. In August and September, the City Council hold a series of workshops to discuss the requested budgets.
Preliminary Tax Levy & Budget
In early September, the City Council sets a preliminary tax levy and a budget for the upcoming year and process this information to Hennepin/Ramsey County. While the City Council has the authority to set a final tax levy and budget lower than the preliminary figures, state law prohibits the City Council from setting a final levy that is higher than the preliminary budget. Within these parameters, the City Council and staff continue to discuss and refine the preliminary budget and tax levy throughout the fall.
At the same time, the County combines the preliminary levies set by the city, county, and school district and determines what the property taxes would be on each parcel of land in the city if the preliminary levies were to be adopted as the final levies. In November, this information is used to prepare the Property Tax Statements which are mailed to every property owner in the city. The Property Tax Statement is intended to allow taxpayers to see the tax implications of the proposed budgets and how they might change from the previous year.
In early December, the city holds a state-mandated Budget hearing. These meetings are designed to provide local residents to comment on the city's proposed budget tax levy before they are finalized.
Final Tax Levy & Budget
Based on their discussions since establishing the preliminary levy and the input received during the Budget process, the City Council makes any necessary changes to the preliminary budget and levy and submits a final budget and tax levy to the counties in late December.