St. Paul City Council Formally Sets Limit for 2025 Tax Levy

The St. Paul City Council formally set the city’s 2025 levy limit at 7.9%. This preliminary action recognizes the proposed amount by Mayor Carter for 2025 while committing to continued review, efforts to look for thoughtful savings without compromising critical services to residents, and adopting a final budget in December.

The City Council is required under state law to set a levy limit each year as part of its budget-setting process. The levy limit is the maximum by which the city can raise property taxes for the following year and determines how much money could be available for the following year’s budget. This important step in the process lays out parameters for the Council’s final budget adoption in early December.

Over the next three months, the City Council will continue to hold weekly Budget Committee meetings to hear the details of each city department’s 2025 budget request. The final vote on the 2025 city budget will be held on December 4, 2024. 
To keep up to date on the Council’s budget process, go to stpaul.gov/departments/city-Council/budgeting-financial-planning.