The City budget is the financial plan for the City’s General Fund for the coming year that provides city services, such as police and fire services, street and park maintenance, planning and zoning, and elections administration, to name a few. The City’s budget only makes up a portion of your property taxes. The County and School districts, along with smaller taxing jurisdictions, rely on property taxes as well.
Preliminary Tax Levy
The Minnetrista City Council has approved a tax levy of $7,838,365 for the year 2026, marking a 9.92% increase over the 2025 levy.
Tax Impact to a home in Minnetrista, a 4.0% valuation increase: based on a levy increase of 9.92% with 3.0% growth in City (using a projected tax rate of 21.05%)
|
Property |
Property |
2025 |
2026 |
Difference |
|
Value 2025 |
Value 2026 |
Tax Amount |
Tax Amount |
(Annual) |
|
$450,000 |
$468,000 |
$924 |
$985 |
$61 |
|
$650,000 |
$676,000 |
$1,411 |
$1,516 |
$104 |
|
$850,000 |
$884,000 |
$1,925 |
$2,063 |
$138 |
What this Means for Residents. Homeowners should prepare for an increase in the City portion of their tax bills in 2026. For those with a median-valued home of approximately $650,000, the estimated annual increase will be around $104, which translates to about $8-$9 more per month. This estimate is based on the average increase in valuation for properties.
Understanding Your Tax Bill. Typically, the City portion represents about 19-22% of your total tax bill from Hennepin County. The 2026 preliminary tax statements, which Hennepin County will send out in November, will detail how the changes apply specifically to your property.
Stay Informed. For more information about the 2026 budget and upcoming meetings, visit the City’s website. Keeping informed will help you understand how these changes impact your finances and the community.