DEPARTMENT: Finance
FILE TYPE: Regular Action
TITLE
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Certification Of 2025 Property Tax Levy And Adoption Of Dakota County 2025 Budget And 2025-2029 Capital Improvement Program
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PURPOSE/ACTION REQUESTED
Certify the 2025 property tax levy and adopt the Dakota County 2025 budget and the 2025-2029 Capital Improvement Program.
SUMMARY
The 2025 property tax levy, Dakota County budget, and 2025-2029 Capital Improvement Program (CIP) are to be adopted on December 17, 2024. This action concludes a process that spanned much of 2024. The budget process began in June with a budget workshop. Discussions centered on budget planning and the proposed levy. On August 13, 2024, the County Manager presented the recommended budget to the County Board. This included County Board budget hearings on August 20 and 27, 2024. On September 10, 2024, the County Board set the maximum 2025 Proposed Levy at $167,648,832, which is a 9.92 percent increase over 2024 (Resolution No. 24-447; September 10, 2024). The County Manger's current total 2025 recommended budget is $523,148,132. The CIP Public Hearing and the Levy and Budget Public Hearing meetings were held on December 3, 2024.
Major highlights of the 2025 budget include:
? Higher cost growth on existing operations (current level)
? Build in committed cost increases
? Resolve new identified 2025 cost impacts
? Address new and continued service demands
? Mandated Services for Elderly and Disabled
? Providing Health Care Eligibility
? Child Protection and Mental Health
? Seek stable tax and service levels after 2025
Changes to the County Manager's recommended budget. Several changes have been made to the recommended budget since August 13, 2024 when the County Manager presented his budget to the Board. The changes are in four categories: 2024 adopted budget amendments made after the County Manager's recommendation; revised estimates/corrections; and additional and adjusted recommendations not part of the August 13, 2024 budge...
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