Bloomington City Council — Transcript
Tuesday, October 29, 2024
2025 Budget Planning and Tax Levy
Recent Community Engagement and Events
Votes (1)
Preliminary 2025 Tax Levy Setting
The City Council set the preliminary 2025 Tax Levy on September 9, 2024, as part of the ongoing budget planning process. This decision established an initial levy amount that allows for subsequent reductions but no increases before its final adoption in December. The budget process is shaped by citizen feedback, particularly concerning parks and public safety, and adheres to the city's strategic plan and a significant fire department transformation.
Notable Quotes (5)
WE'RE NOW WELL INTO THE 2025 BUDGET PLANNING PROCESS, FOCUSED ON BUILDING A BUDGET THAT ALIGNS WITH OUR CITY’S PRIORITIES AND GOALS.
REINFORCED JUST HOW MUCH OUR RESIDENTS VALUE BLOOMINGTON’S PARKS AND PUBLIC SAFETY.
EMPHASIZES EQUITABLE ECONOMIC GROWTH, COMMUNITY HEALTH, AND ENVIRONMENTAL SUSTAINABILITY.
TO IMPROVE RESPONSE TIMES AND ENHANCE COMMUNITY SAFETY.
WHICH WAS AN 11.5% INCREASE FROM THE 2024 LEVY. THIS AMOUNT CAN BE REDUCED BEFORE THE FINAL ADOPTION ON DECEMBER 16 BUT CANNOT BE INCREASED.
Ordinances & Resolutions (4)
The guiding document for the city's budget and priorities, focusing on equitable economic growth, community health, and environmental sustainability.
The city's financial plan for the year 2025, currently under development and review.
The preliminary property tax amount for 2025, set at $89.7 million, representing an 11.5% increase from the 2024 levy.
The property tax levy from the previous year, used as a comparative baseline for the 2025 levy increase.