2020 City Budget
The formal public hearing on the proposed 2020 General Fund budget and property tax levy will be held at 7:30 p.m. on December 2, 2019. The City Council will adopt the budget on December 16, 2019.
Property owners were sent a proposed levy and tax notice in November, which identified the proposed parcel specific property tax for 2020. This includes all taxing jurisdictions: City of Maple Grove, Hennepin County, School District and other special tax districts.
The City represents approximately 25% of the total property tax bill.
The 2020 General Fund budget totals $41,701,900, a 3.27% increase from 2019. The 2020 proposed property tax levy of $37,206,600 increased by 1.68% from last year. The City portion of the property tax bill for the average valued home of $323,800 for 2020 is $1,033 as compared to $1,037 in 2019, a decrease of $4 ($0.33 per month) or a 0.37% reduction.
For all taxing jurisdictions, 45% of residential properties will see a decrease to no increase in property taxes and 40% will see an increase ranging from 0.1% to 4.9% in 2020. 28% of commercial/industrial properties will see a decrease to no increase in property taxes and 40% will see an increase ranging from 0.1% to 4.9% in 2020.
For more information, please review the following budget documents: