Item Coversheet

10.B.


Shakopee City Council
AugustĀ 7, 2024


FROM:Nate Reinhardt, Finance Director
TO:Mayor and Council Members
Subject:
Overview of 2025 Budget and Levy
Policy/Action Requested:
Discussion on the 2025 preliminary levy and budget.  No formal action is being requested.
Recommendation:
Receive overview of 2025 preliminary levy and budget and provide feedback to staff.
Discussion:

The City Council must certify a proposed levy on or before September 30, 2024.  It is anticipated that the Council will consider adoption of the proposed maximum tax levies for both the City and the EDA on Tuesday, September 17.

Budget Impact:
See attached memo for further information.
ATTACHMENTS:
Description
Budget Overview Memo
Budget Overview Presentation