2017 Adopted City Budget
The formal public hearing on the proposed 2017 budget was held on December 5, 2016, and the City Council adopted the budget on December 19, 2016.
Property owners were sent a proposed levy and tax notice in November which identified the projected parcel specific tax cost for the next year. This includes all of the various taxing jurisdictions including Hennepin County, the School District, and the City.
The City represents approximately 26% of the total property tax bill for a typical residential property in Maple Grove. This pays for services such as police and fire protection, street maintenance, snow plowing, park maintenance, recreation programming, code enforcement, and building inspections.
The 2017 general fund budget totals $38,593,200, a 3.07% increase from 2016. The 2017 property tax levy increased by 3.0%. The net City portion of the property tax for the average valued home for 2017 is $1,014 as compared to $1,007 in 2016. This is an increase of $7 ($0.60 per month) or 0.71%.
For all taxing jurisdictions, 29% of residential properties will see a decrease in property taxes and 47% will see an increase ranging from 0.1% to 4.9% in 2017. For commercial/industrial properties, 72% will see a decrease in property taxes.
For more information, please review the 2017_Budget.pdf
2018 Proposed City Budget
Proposed General Fund Budget
The 2018 proposed City budget reflects an increase of 2.38% in the General Fund, which is the primary operating budget of the City. For 2018, the General Fund Budget is proposed to be $39,511,400.
The 2018 property tax levy is proposed to be $36,003,200, an increase of 2.39%. For 2018, the average valued home is estimated to be $291,500, an increase of 4.71%. The City portion of the property tax levy for the average valued home for 2018 is estimated to be $1,034 as compared to $1,018 in 2017. This is an increase of $16 ($1.33 per month), or 1.61%.
The Maple Grove City Council will hold the budget hearing to review the proposed 2018 General Fund budget and property tax levy at the council meeting on December 4th at the Government Center.