Wednesday, January 18, 2017

2017 Budget Approved, City Portion Up Slightly

 

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:

 

Where does my Eagan Property Tax go?

    • 31% of your tax bill goes to the City of Eagan.
    • 42% goes to Schools (in ISD 196)
    • 23% goes to Dakota County
    • 4% other
 

2017 City General Fund Expenditures 

  • 48% Public Safety
  • 22% General Government
  • 15% Parks & Recreation
  • 12% Public Works
  • 3% Government Buildings

 

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.