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Posted on: November 13, 2020

Truth-in-Taxation Hearing Scheduled for December 14

The City of Arden Hills

The city will hold a Truth-in-Taxation Hearing on Monday, December 14 at 7:00 p.m. 

The 2021 General Fund expenditure budget is proposed at $5,212,980. The preliminary tax levy increase is set at 4.25%, which equates to a tax levy of $4,311,090. 

Based on the preliminary values, the city's share of property taxes would increase by $34 annually on a median valued home, which is projected to value $387,500 in 2021. The proposed levy increase goes to support the following: increases in public safety contracts, reduced use of fund balance and projected wage and benefit increases.

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