Eden Prairie Local News
    Facebook Twitter Instagram
    Monday, February 6
    • About
      • About EPLN
      • Team
      • EPLN in the News
      • Policies
    • Contact
    Facebook Twitter Instagram
    Subscribe
    Eden Prairie Local News
    • Home
    • Schools
    • Business
    • Sports
    • Public Safety
    • City
    • Calendar
    • Donate
    • Subscribe
    • More
      • Construction
      • Outdoors
      • Politics
      • Health
      • Spirituality
      • Community Service
      • Legacy
      • Obituaries
      • Arts
      • Family
      • Holidays
      • Letter to Editor
      • Listen
      • Jobs
    Eden Prairie Local News
    Home»City of Eden Prairie»Small drop in city tax is forecast for median-value EP home
    City of Eden Prairie

    Small drop in city tax is forecast for median-value EP home

    By Mark WeberJanuary 5, 2021Updated:January 5, 20212 Mins Read

    The city portion of property taxes on a median-value Eden Prairie home is expected to drop slightly with the 2021 budget approved last month by the city council.

    It’s another sign that city operations are gradually getting back to normal after a tumultuous year of COVID-19 and its effect on revenue generators like the Eden Prairie Community Center.

    The city budget approved Dec. 1 is a little more than $53 million, or about 2.8 percent higher than last year. That requires a tax levy of $38.7 million. Because property values are generally increasing, the owners of a median-value Eden Prairie home – currently worth $415,800 – will see the city portion of their property-tax bill drop $4, from $1,339 to $1,335.

    The $4.7 million in federal stimulus money the city received last year via the CARES Act helped prevent a city budget shortfall that would have otherwise existed because of COVID-19 and its effects, including greatly reduced revenue from the Community Center, where activity was restricted for safety reasons.

    Advertisement
    Ad for Washburn-McReavy

    There were limitations on how the stimulus funding could be used, but much went to help with wages and benefits in the police and fire departments. That and a few other factors – milder winter weather, for example – allowed the city to manage its overall general-fund finances under formidable circumstances and keep its 2021 budget, the second year of a two-year budget cycle, pretty much the same as had been planned.

    Meanwhile, updated health guidelines are allowing the Community Center to expand its recreation offerings this week, although for many activities reservations are required or recommended because of limits on participant numbers.

    The sunnier outlook has the city increasing by 2.2 percent – or nearly $137,500 – the amount of 2021 revenue expected to come to the city as “charges for services,” mostly fees charged for recreation programs.

    The approved 2021 budget also includes funding for a 3.8 percent increase in wages and benefits for city employees – 3 percent of that is for base wages – and allows the city to hire another police officer in 2021, as it did in 2020.

    Advertisement
    Ad for Eden Prairie Schools Strategic Planning World Cafes
    Be Informed
    Sign up for the FREE email newsletter from EPLN
    Subscribe

    Comments

    Comments aren’t allowed on our site, but we do offer several ways to provide feedback, and have your voice heard. If you believe the story has an error, or would like to get in touch with the author, please contact us. If you would like to respond directly to this article, we welcome and encourage Letters To the Editor. You can find details on how to submit a letter on our contact page.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleEden Prairie school taxes to go down in 2021 despite levy increase
    Next Article Eden Prairie statistics provide backdrop to EP school district finances

    More to READ

    1 Min Read

    Dairy Queen parking lot changes on council agenda

    February 5, 2023
    7 Mins Read

    Welters Way mystery involves federal investigation

    January 29, 2023
    7 Mins Read

    City’s equity measures are taking hold

    January 23, 2023
    Subscribe to get EPLN in your inbox for FREE!
    Recent Articles

    Eagles sink Skippers 98-88 in last-minute thriller

    February 6, 2023

    EPLN Sports & Events Calendar | Week of Feb. 6

    February 6, 2023

    Eagles upend No. 5 Benilde-St. Margaret’s with shutout victory

    February 5, 2023

    Dairy Queen parking lot changes on council agenda

    February 5, 2023

    Eden Prairie joins fencing consortium to protect City Center and Fire Station 1 in case of civil unrest

    February 5, 2023
    • Facebook
    • Twitter
    • Instagram
    Eden Prairie Local News is a 501(c)(3) nonprofit organization EIN 85-4248265 | Copyright © 2020-2023
    • About
    • Policies
    • Jobs
    • Contact
    • Advertising
    • Subscribe
    • Donate

    Type above and press Enter to search. Press Esc to cancel.