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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Votes (1)
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.
Notable Quotes (1)
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.
Ordinances & Resolutions (1)
A resolution adopting the HRA budget and establishing the tax levy payable in 2025.
Source document
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