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2. 1. <br />CC Work Session <br />Meeting Date: <br />Primary Strategic Plan Initiative: <br />08/26/2025 <br />Identify and implement operational efficiencies, cost savings and additional <br />funding sources. <br />Information <br />Title: <br />Continued Review of Preliminary 2026 General Fund Budget/Levy <br />Purpose/Background: <br />Continued review of the proposed 2026 General Fund Budget and respective tax levies. The numbers presented <br />reflect a 7.5% levy increase. (A comparison of proposed 2026 levies of Anoka County & some Anoka County <br />cities (prepared by Anoka County) is attached). <br />Cash flows are attached that reflect the funds of: Equipment Fund, HRA/COR Fund and MSA Fund. These will <br />be explained in further detail at the worksession. <br />Several items are attached for review: <br />1. Tax Capacity Rate Calculation Estimate <br />2. 2026 Personnel Requests <br />3. 2026 Capital Equipment Requests - Current requests only are shown <br />4. 2026 Requested General Fund Budget <br />5. 2026 Requested EDA Budget <br />6. Summary of items removed from original budget requests <br />7. Tax Impact - Residential & Commercial <br />8. Cash Flows - Equipment Fund, HRA/COR fund, and MSA Fund <br />9. 2026 Proposed Levy Comparisons - Anoka County Summary <br />Notification: <br />The preliminary levy/budget is scheduled for adoption at the regular City Council meeting of September 23, <br />2025. <br />Time Frame/Observations/Alternatives: <br />30 minutes <br />Recommendation: <br />Continued review of 2026 budget/levy to determine preliminary levy amount to be adopted at the September <br />23, 2025 regular City Council meeting. <br />Outcome/Action: <br />Continued review of 2026 budget/levy to determine preliminary levy amount to be adopted at the September 23, <br />2025 regular City Council meeting. <br />Attachments <br />Tax Capacity Rate Estimate - 7.5% <br />2026 Personnel Requests <br />