The budget process for the city covers an extensive period of the calendar year.  The process included a series of council meetings throughout the summer and fall to review capital and operational budgets.  The Truth-in-Taxation public meeting was held at the December 5th council meeting where a presentation on the levy and budget was presented to the council and public.

The final step in the process is the council approving the levy and budget.  There have been no changes to the budget document since the last council meeting.  Staff is recommending approval of the final 2023 levy collectible with the 2024 property taxes of $25,473,000.  This is a tax levy increase of $1,581,000 or 6.62% from last year.  Staff is also recommending approval of the 2024 annual budget.

The full budget book draft was included in the December 5th council packet and a printed book has been provided to City Council.  The draft budget book is also available on the city website at https://www.shakopeemn.gov/government/mayor-city-council/budget