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2. 2. <br /> CC Work Session <br /> Meeting Date: 11/12/2024 <br /> PrimaryStrategic Plan Initiative: Identify and implement operational efficiencies,cost savings and additional <br /> g funding sources. <br /> Information <br /> Title: <br /> Review 2025 Budget&Levy before final adoption. <br /> Purpose/Background: <br /> The preliminary budget and levy was adopted at the Regular City Council meeting of September 24, 2024 (Levy <br /> presentation attached). The preliminary levy adopted was $21,950,694 or 8.24%increase over the 2024 adopted <br /> levy of$20,279,701. <br /> As of the writing of this case, the City is waiting to receive preliminary levy/tax capacity rates from Anoka <br /> County that will be reflected on the Truth and Taxation notices mailed to residents mid to late November. <br /> The Truth and Taxation public hearing is scheduled for Tuesday,November 26, 2024. The adoption of the 2025 <br /> property tax levy and 2025 General Fund budget is scheduled to immediately follow this hearing. <br /> Time Frame/Observations/Alternatives: <br /> 20-30 minutes <br /> Recommendation: <br /> Review 2025 Budget & Levy before final adoption. <br /> Outcome/Action: <br /> Review 2025 Budget & Levy before final adoption. <br /> Attachments <br /> 2025 Preliminary Levy Presentation <br /> 2025 Personnel Requests <br /> 2025 Capital Requests <br /> 2025 Proposed General Fund Budget <br /> 2025 Proposed EDA Budget <br /> Form Review <br /> Inbox Reviewed By Date <br /> Brian Hagen Brian Hagen 11/07/2024 02:00 PM <br /> Form Started By:Diana Lund Started On: 10/25/2024 07:21 AM <br /> Final Approval Date:11/07/2024 <br />