At the December 6 meeting, the City Council approved the next year's budget and certified the 2017 levy. Here are a few key takeaways from the budget presentation from the Finance team:
The estimated property taxes (City portion only) on the average value homestead property in Eagan will go up 0.3% for 2017.
The 2017 tax levy is an increase of 4.2% over 2016.
The City portion of the property tax for the average homestead in Eagan is $948. This is 19% below the 18-city average of $1,131. The 18 cities include nine Dakota County Cities (plus Eagan) and eight other metro cities of similar size to Eagan.