Edina Housing Authority Approves 3% Tax Levy Increase for 2025
The Edina Housing and Redevelopment Authority unanimously approved a $2,059,300 tax levy for 2025, a 3% increase over last year, to fund local housing programs and economic development efforts.
The Edina Housing and Redevelopment Authority voted Tuesday to adopt its 2025 budget and tax levy, setting aside just over $2 million for housing and economic development initiatives in the coming year.
Commissioners passed Resolution 2024-08 without opposition, with Commissioner Agnew making the motion and Commissioner Jackson providing the second. The measure establishes a tax levy of $2,059,300, which represents a 3% bump from the 2024 level.
The proposed tax levy is $2,059,300 that represents a 3% increase over the 2024 Levy," Executive Director Neal told commissioners during the meeting. "The city uses these dollars to fund housing and general economic development kind of activities.
The Housing and Redevelopment Authority is a public body that works to support affordable housing options and promote economic growth within Edina. The approved funds will continue supporting these programs into the next fiscal year.
The brief meeting focused solely on the budget matter, with no dissenting votes or significant debate among commissioners before the final approval.
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Full analysis
Adoption of Resolution 2024-08
Dissent: None
Moved by Commissioner Agnew [2:39] · Seconded by Commissioner Jackson [2:41]
Executive Director Neal presented the proposed 2025 tax levy of $2,059,300, noting it is a 3% increase from 2024. The funds are designated for housing programs and general economic development activities within the city.
The proposed tax levy is $2,059,300 that represents a 3% increase over the 2024 Levy. The city uses these dollars to fund housing and general Economic Development kind of activities.
Source document
[0:28] well good evening everybody we have
[0:30] reconvened the din city council as the
[0:33] din Housing and Redevelopment Authority
[0:36] it is still Tuesday December 17
[0:39] 2024 and uh we have a little bit of work
[0:42] to do relative to the budget setting for
[0:44] the HRA and establishing the tax levy
[0:47] payable in 2025 that is HRA related so
[0:51] having called the meeting of the HRA to
[0:53] order uh I want to ask our clerk Sheron
[0:56] Allison to call the role
[1:02] commissioner agnu here commissioner
[1:04] Jackson here commissioner Pierce here
[1:06] commissioner rer here chair huin
[1:09] here uh so uh we have a meeting agenda
[1:13] in front of us is there someone who
[1:15] wishes to move the adoption of the
[1:16] meeting agenda so moved second
[1:18] commissioner EG moves commissioner
[1:20] Jackson seconds the adoption of the
[1:21] meeting agenda uh for the h this
[1:24] December 17 2024 any further discussion
[1:27] all those in favor of adopting the me
[1:28] meeting agenda is published for the HRA
[1:30] say I I I opposed carried uh one matter
[1:34] in front of us this evening for Action
[1:36] uh as an HRA and that is adoption of
[1:39] resolution
[1:40] 20248 which adopts the HRA budget and
[1:43] establishes the tax levy payable in
[1:46] 2025 executive director Neil did you
[1:48] have anything you wanted to add and as a
[1:50] prefacing sort of comment yeah thank you
[1:52] Mr chair members of the commission uh
[1:54] yes we are asking the commission to
[1:56] approve the proposed budget and tax levy
[1:58] for the HRA for 2025 the proposed uh tax
[2:02] levy is two uh
[2:05] $259,300 that represents a 3% increase
[2:09] over the
[2:10] 2024 Levy uh the city uses these dollars
[2:14] to fund uh housing and and general uh
[2:19] Economic Development kind of activities
[2:22] um and we ask for your support thank you
[2:25] questions for the executive
[2:27] director all right is there a motion to
[2:29] adopt resolution
[2:30] 20248 which would adopt the HRA budget
[2:33] and establish the tax levy for the h
[2:36] payable in 2025 moved second
[2:39] commissioner U moves commissioner
[2:41] Jackson seconds the adoption of the
[2:43] resolution
[2:44] 20248 which adopts the HRA budget and
[2:47] establishes the tax levy payable in 2025
[2:50] for the HRA any further discussion all
[2:53] those in favor of adoption of the motion
[2:54] stated say I I I opposed carried
[2:57] resolution 20248 is adopted the H budget
[3:00] is adopted and the tax levy is payable
[3:03] in 2025 is adopted uh is there a motion
[3:06] to adjourn the h meeting no mot second
[3:08] get a motion by commissioner AG second
[3:10] by commissioner Jackson adjourn the HRA
[3:13] meeting uh this Tuesday evening December
[3:15] 17 2024 any further discussion all those
[3:18] in favor of uh adjournment say I I I
[3:21] opposed carried H stands
[3:24] adjourned thank
[3:28] you for
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