Chaska City Council 9.29.25 - Adopting the Proposed 2026 Maximum Property Tax Levy
Thursday, October 2, 2025
Adoption of Resolution 2025-68
2026 Maximum Property Tax Levy
General fund budget objectives
Tax levy policy and growth management
Capital Asset Maintenance (CAMP) program
General fund reserve balance analysis
Local Government Aid (LGA) history
Population and household growth projections
Building permit and development trends
Market value distribution
Electric fund franchise fee transfer
Street and infrastructure reconstruction scheduling
Votes (1)
Adopt resolution 2025-68 (2026 maximum property tax levy)
PendingN/A
Moved by Not stated · Seconded by Not stated
Notable Quotes (3)
If we don't, we're not capturing the resources that they bring into town that go towards the increasing amount of services that we have to provide because of new growth.
Tax Levy PolicyExplaining the importance of tax levy policy relative to new developments.
Our target is 40% [for general fund reserves]. We're getting really close to that target of where we'd want to be.
BudgetDiscussing the city's reserve balance compared to established targets.
We're projecting that we're going to be about 36,000 residents and we'll have just a little shy of 15,000 homes in the community.
GrowthLong-term population growth projections for the year 2040.
People (1)
City StaffPresenter
Leading the budget presentation and discussing fiscal policy for the city council.
Places Mentioned
MinnesotaSouthwest ChazaBavaria RoadMcnite Road82nd Street44 and 212 IntersectionLions ParkBavaria Hills
Events & Meetings (2)
- June 30th Work Session
- September 8th Work Session
Ordinances & Resolutions (1)
2025-68
Adoption of the proposed 2026 maximum property tax levy.