112723 Council Special Meeting Packet
NEW HOPE CITY COUNCIL
SPECIAL MEETING AGENDA
November 27, 2023
6:30 p.m.
City Hall – Council Chambers
4401 Xylon Avenue North
Mayor Kathi Hemken
Council Member John Elder
Council Member Andy Hoffe
Council Member Michael Isenberg
Council Member Jonathan London
The City Council wants and encourages citizen participation at Council Meetings. Your input and
opinions count and are valuable. You are encouraged to bring forth your comments and issues at
the appropriate point on the agenda.
A 15‐minute maximum Open Forum is held at the beginning of each Council Meeting. At this time
any person may address the Council on any subject pertaining to City business not listed on this
agenda or scheduled as a future agenda item. The Council requests that you limit your presentation
to 3 minutes. Anyone wishing to address the City Council on a particular item should raise their
hand and be recognized by the Mayor. Approach the podium and speak into the microphone by
first stating your name and address. Also, please record your name on the roster at the table near
the door so that your name will be spelled correctly in the minutes.
Individuals should not expect the Mayor or Council to respond to their comments tonight; Council
may refer the matter to staff for handling or for consideration at a future meeting. You are welcome
to contact the city clerk at 763‐531‐5117 after the council meeting.
COUNCIL MEETING BROADCASTS AND STREAMING
Government Access channel 16 programming includes live/taped meeting replays
Live on‐line meetings and past meetings on‐demand are available through www.nwsccc.org.
www.newhopemn.gov
New Hope Values and Vision
City Mission
Strong local government that is proactive in responding to the community needs and issues by delivering quality
public service to all city residents, businesses, property owners, and organizations in a prudent and e cient manner.
Values
Excellence and Quality in the Delivery of Services
We believe that service to the public is our reason for being and strive to deliver quality services in a
highly professional and cost-e ective manner.
Fiscal Responsibility
We believe that fi scal responsibility and the prudent stewardship of public funds and city assets is essential if
residents are to have confi dence in government.
Ethics, Integrity and Professionalism
We believe that ethics, integrity, and professionalism are the foundation blocks of public trust and confi dence and
that all meaningful relationships are built on these values.
Respect for the Individual
We believe in the uniqueness of every individual, and welcome, appreciate, and respect diversity and the di ering
of opinions.
Open, Honest, and Respectful Communication
We believe that open, honest, and respectful communication is essential for an informed and involved citizenry
and to foster a positive environment for those interacting with our city.
Cooperation and Teamwork
We believe that the public is best served when all work cooperatively.
Visionary Leadership and Planning
We believe that the very essence of leadership is to be responsive to current goals and needs, and visionary in
planning for the future.
Vision
e city is a great place to grow as a family, individual, or business.
All within our city are safe and secure.
Essential services will be those that promote a safe and healthy environment for all residents.
Essential services and programs will be enhanced and streamlined, and will be provided in an economical manner
and with measurable results.
e city views residents as its greatest asset and seeks their input and participation.
e city will meet the communication needs of citizens, elected o cials, and city sta .
Strategic Goals
e city will maintain and improve its infrastructure (water distribution, storm water, sewer, roads, parks,
lighting, and city facilities).
e city will use frugal spending and resourceful fi nancial management to maintain its fi scal health.
e city will encourage maintenance, redevelopment, and reinvestment of existing properties to improve
or enhance its tax base.
e city will provide core services with a professional sta who are equipped with the necessary tools and
equipment and given necessary direction.
e city will facilitate and improve communications to promote e ective intergovernmental cooperation
between sta , citizens, and Council.
Adopted by the New Hope City Council, August 2006
Reaffirmed by the New Hope City Council, February 2023
CITY COUNCIL
SPECIAL MEETING
Monday, November 27, 2023
6:30 p.m.
New Hope City Hall
4401 Xylon Avenue North
Council Chambers
Mayor Kathi Hemken
Council Member John Elder
Council Member Andy Hoffe
Council Member Michael Isenberg
Council Member Jonathan London
1. CALL TO ORDER – November 27, 2023
2. ROLL CALL
11. UNFINISHED & ORGANIZATIONAL BUSINESS
11.1 Public hearing to take comments on 2024 city budget
12. OTHER BUSINESS
13. ADJOURNMENT
Mayor’s 2024 Budget Public Hearing Opening Comments
November 27, 2023
The purpose of this public hearing is to take public comments on
the city’s proposed budget and tax levy for 2024. The city council
adopted the preliminary budget at the September 11 council
meeting and has been reviewing all the budget details with the
city manager and department heads for the last several months.
The final budget and tax levy will be adopted at the December 11
council meeting.
The city manager and financial consultant will be making the
presentation on the budget and then the public hearing will be
opened for the council to take public comments on the budget.
No official action will be taken on the budget at this meeting.
The Board of Appeal and Equalization Meeting, held in April, is
the forum to contest market values.
I:\RFA\City Manager\2023\Budget 2024\CM 112723\11.1 Q ‐ Budget Hearing 2024 112723.docx
Request for Action
November 27, 2023
Approved by: Reece Bertholf, City Manager
Originating Department: City Manager
By: Valerie Leone, City Clerk‐Treas.
Agenda Title
Public hearing to take comments on 2024 city budget
Requested Action
This is a public hearing to take public comments on the 2024 proposed final budget. Representatives from
Abdo will be in attendance to make a presentation. Staff recommends that Council take public comments
following the presentation and then either continue or close the public hearing. Staff is recommending that
Council formally adopt the budget and set the tax levy at the December 11 council meeting.
Policy/Past Practice
The City Council annually conducts a public hearing on the city budget and tax levy to take public input on
the proposed budget and levy.
Background
The preliminary budget and tax levy was adopted at the September 11 city council meeting. This is the
maximum tax levy and budget that can be adopted; it can be reduced before final adoption in December, but
it cannot be increased. The Council reviewed all general fund budgets with department heads at their
September work session and reviewed utility and enterprise fund budgets at the October work session. The
Council reviewed the final budget hearing presentation at the November work session.
2024 Budget
The total preliminary 2024 property tax levy is $20,075,245 which reflects a 5.36% increase from last year. It
includes the addition of three new levies of $100,000 each to build reserves for future capital outlay needs for
the fire station, aquatic center, and the city hall/police facility as outlined in the long term financial plan. The
tax levy includes a 5% increase in the street and park infrastructure levies to support the long‐term funding
plans for street and park improvements. An HRA levy of $459,743 is recommended for 2024, which is a
special taxing district. The EDA levy of $168,683 will be included in the city’s tax rate. These funds will
support the scattered site housing program and other redevelopment.
The 2024 general fund budget is $18,578,101 or a 7.8% increase over 2023. The budget includes an increase of
$601,767 for wage and benefit increases. A 3% cost of living adjustment is budgeted for employees along with
an increase in the city’s share of health insurance coverage and a comparable cities adjustment. Council salary
increases have also been budgeted for 2024. The city’s share of the joint powers agreement for West Metro
Fire‐Rescue District is $1,729,883, an increase of $178,066 over last year. The city is scheduled to receive
$1,306,156 in LGA (local government aid) in 2024, which is an increase of $458,326 from 2023. The revenue
will be utilized in the general fund to offset central garage equipment and building replacement charges; it is
not used for general operations.
The total revenue budget (property tax levy plus non‐tax revenue) for New Hope’s budgeted funds is
$46,703,113 or an increase of 11.5% over 2023. The total expense budget for New Hope’s budgeted funds is
Agenda Section
Public Hearing
Item Number
11.1
Request for Action, Page 2
$52,368,065 or a 1.16% decrease over 2023. The decrease is attributed to less project funding being released in
2024 than was released in 2023. The difference in revenue and expenses for 2024 is nearly wholly attributed to
a release of fund balance for the public works expansion project.
The median home value for taxes payable in 2024 is $326,050, which is a .032% increase from the median
value home in 2023. The estimated impact on residential homes based on the proposed 5.36% increase in the
city tax levy is 3%. For homes valued between $175,000 and $500,000 the tax increase estimate is $29 to $93.
The city tax rate is projected to increase from 57.16% in 2023 to 58.831% in 2024.
Information provided by the Hennepin County Assessor was recently received. The single‐family residence
valuation in the city increased by 0.2% for 2023. The total taxable property market value in the city increased
by 16.68%, from $2,308,596,615 to $2,693,654,510. Property tax comparisons were also provided for
residential, apartment and commercial/industrial properties and are attached with a summary. Taking the
total tax levy into account (city/county/school district), out of 4,825 single‐family properties, approximately
26% will see a decrease and approximately 74% will see an increase between .1% and 20%. Sample tax
statements were provided for various property types. It is important to remember that the city’s portion of
the tax statement is about one‐third of the total amount.
Staff recommends the Council receive public input at this public hearing and provide direction to staff as to
whether any adjustments should be made to the budget prior to the December 11 council meeting.
Attachments
Hennepin County Assessor Information
2024 Budget/Tax Levy Presentation
Hennepin County Assessor’s Office
300 South Sixth Street – MC-213
Minneapolis, MN 55487-0213
612-348-3046 | hennepin.us/assessment
Fall Ratio Meeting
Date: 10/2023 – 11/2023 Time: 60 minutes Location: Varies
Agenda
1. TNT Materials – 2023 payable 2024
a. Property tax comparison reports
i. 2 - Residential by % of tax change
ii. 3 - Residential by $ of tax change
iii. 4 - Apartment by % of tax change
iv. 5 - Commercial/Industrial by % of tax change
b. Samples of TNT notices
i. Mailed on 11/13/2023
ii. **confidential until mailed
c. Value trends for payable 2024
2. 2024 Assessment Materials – 2024 payable 2025
a. 2024 assessment ratio data
i. Residential summary
ii. Residential property type groups
iii. Residential lake overview
iv. Residential EMV stratifications
v. Residential month detail
vi. CIA qualified sales
vii. CIA Use codes
b. Market trend analysis
c. https://www.hennepin.us/assessment
d. https://www.hennepin.us/propertytaxes
e. Personal Property Tax vs Payment in Lieu of Tax
3. Local boards/open books 2024
a. Local boards - verify trained members
b. Open books – plan for 2024
4. Assessment Services Agreement
City of New Hope – 2024 Truth in Taxation
Assessor's Numbers
Total Tax Levy (City/School/County)
Single-Family Properties
• 4,825 total properties*
Homes Percentage
3 0.06% 20% decrease
1 0.02% 15-19.9% decrease
7 0.15% 10-14.9% decrease
220 4.46% 5-9.9% decrease
1,025 21.24% 0-4.9% decrease
1,256 26.03% will see a decrease
Homes Percentage
3,245 67.26% 0.1-4.9% increase
231 4.79% 5-9.9% increase
34 0.70% 10-14.9% increase
29 0.60% 15-19.9% increase
30 0.62% 20% increase
3,569 73.97% will see an increase
Single Family Property Tax Summary
• Approximately 26% of properties will see a decrease (3% last year)
• Approximately 72% of properties will see an increase between 0.1% and 9.9%
• Of those seeing an increase, the amount will be between $0.01 and $150 for 61% of properties,
between $150.01 and $300 for 9% of properties, between $300.01 and $450 for 2% of properties,
between $450.01 and $600 for 1% of properties, and more than $600.01 for less than 1% of properties
Commercial & Industrial Properties
• 157 total properties
• 0 will see a decrease of 10% or less
• 1 (<1%) will see a decrease between 5% and 9.9%
• 17 (11%) will see a decrease between 0% and 4.9%
• 39 (25%) will see an increase between 0.1% and 4.9%
• 30 (19%) will see an increase between 5% and 9.9%
• 25 (16%) will see an increase between 10% and 14.9%
• 16 (10%) will see an increase between 15% and 19.9%
• 29 (18%) will see an increase of 20% or more
Apartment Properties
• 70 total properties
• 0 will see a decrease of 5% or less
• 2 (3%) will see a decrease between 0% and 4.9%
• 47 (67%) will see an increase between 0.1% and 4.9%
• 10 (14%) will see an increase between 5% and 9.9%
• 11 (16%) will see an increase between 10% and 14.9%
*Per county assessor, “parcels that had classification changes, homestead changes, improvement amounts, multiple sub records or were
marked as partial construction are excluded from the comparison to keep the comparison pure.”
# % # % # % # % # % # % # % # % # % # %
20 Bloomington 25,989 9 0.03%3 0.01%7 0.03%83 0.32%895 3.44%12,798 49.25%9,813 37.76%1,526 5.87%615 2.37%240 0.92%
22 Brooklyn Center 7,602 5 0.07%2 0.03%12 0.16%75 0.99%912 12.00%2,148 28.23%3,804 50.04%484 6.37%142 1.87%18 0.24%
48 Brooklyn Park 21,243 12 0.06%8 0.04%58 0.27%531 2.50%2,570 12.10%7,423 34.95%6,924 32.59%2,800 13.18%672 3.16%245 1.15%
50 Champlin 7,370 3 0.04%- 0.00%- 0.00%15 0.20%185 2.51%2,422 32.87%3,902 52.94%771 10.46%55 0.75%17 0.23%
14 Chanhassen - - 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%- 0.00%
52 Corcoran 2,007 3 0.15%2 0.10%11 0.55%97 4.83%1,026 51.12%492 24.51%355 17.69%12 0.60%5 0.25%4 0.20%
54 Crystal 6,901 2 0.03%- 0.00%1 0.01%41 0.59%88 1.28%1,990 28.84%4,086 59.21%571 8.27%84 1.22%38 0.55%
56 Dayton 2,379 1 0.04%- 0.00%3 0.13%16 0.67%86 3.61%1,579 66.38%665 27.95%16 0.67%8 0.34%5 0.21%
59 Deephaven 1,169 - 0.00%- 0.00%1 0.09%1 0.09%7 0.60%119 10.17%601 51.41%307 26.26%97 8.30%36 3.08%
61 Eden Prairie 18,498 2 0.01%1 0.01%6 0.03%16 0.09%1,260 6.81%9,778 52.86%5,205 28.14%1,564 8.45%454 2.45%212 1.15%
24 Edina 15,821 15 0.09%12 0.08%54 0.34%639 4.04%1,553 9.82%6,171 39.00%5,924 37.44%1,066 6.74%250 1.58%137 0.87%
63 Excelsior 484 - 0.00%1 0.21%- 0.00%- 0.00%10 2.07%85 17.56%115 23.76%159 32.85%70 14.46%44 9.09%
28 Golden Valley 6,587 7 0.11%1 0.02%4 0.06%17 0.26%414 6.29%4,115 62.45%1,904 28.91%64 0.97%9 0.14%52 0.79%
65 Greenfield 786 2 0.25%2 0.25%22 2.80%165 20.99%128 16.28%227 28.90%186 23.66%47 5.98%5 0.64%2 0.25%
19 Greenwood 241 - 0.00%1 0.41%2 0.83%4 1.66%24 9.96%104 43.16%80 33.20%21 8.71%2 0.83%3 1.24%
67 Hanover 179 - 0.00%- 0.00%- 0.00%- 0.00%34 18.99%115 64.25%23 12.85%7 3.91%- 0.00%- 0.00%
30 Hopkins 3,955 - 0.00%4 0.10%11 0.28%218 5.51%905 22.88%1,806 45.67%788 19.92%157 3.97%12 0.30%54 1.37%
70 Independence 910 1 0.11%- 0.00%8 0.88%79 8.68%193 21.21%260 28.57%188 20.66%95 10.44%52 5.71%34 3.74%
72 Long Lake 524 1 0.19%- 0.00%2 0.38%5 0.95%40 7.63%163 31.12%168 32.06%58 11.07%62 11.83%25 4.77%
74 Loretto 192 - 0.00%- 0.00%- 0.00%1 0.52%3 1.56%172 89.59%16 8.33%- 0.00%- 0.00%- 0.00%
76 Maple Grove 22,571 10 0.04%14 0.06%186 0.82%1,319 5.84%8,649 38.32%8,775 38.89%2,746 12.17%764 3.38%96 0.43%12 0.05%
77 Maple Plain 483 - 0.00%4 0.83%4 0.83%144 29.81%324 67.08%6 1.24%- 0.00%- 0.00%- 0.00%1 0.21%
79 Medicine Lake 110 - 0.00%- 0.00%- 0.00%- 0.00%4 3.64%25 22.72%42 38.18%35 31.82%- 0.00%4 3.64%
80 Medina 1,953 1 0.05%2 0.10%16 0.82%119 6.09%543 27.80%824 42.21%294 15.05%91 4.66%43 2.20%20 1.02%
01 Minneapolis 87,424 300 0.34%357 0.41%1,226 1.40%7,250 8.29%23,707 27.12%28,867 33.02%19,504 22.31%4,810 5.50%1,092 1.25%311 0.36%
34 Minnetonka 16,820 4 0.02%4 0.02%5 0.03%92 0.55%700 4.16%7,299 43.40%6,194 36.83%1,664 9.89%610 3.63%248 1.47%
82 Minnetonka Beach 173 - 0.00%- 0.00%1 0.58%8 4.62%5 2.89%6 3.47%24 13.87%52 30.06%39 22.54%38 21.97%
36 Minnetrista 2,373 5 0.21%8 0.34%20 0.84%106 4.47%314 13.23%758 31.94%658 27.73%216 9.10%180 7.59%108 4.55%
85 Mound 3,473 10 0.29%3 0.09%8 0.23%9 0.26%27 0.78%261 7.51%1,375 39.59%1,086 31.27%405 11.66%289 8.32%
86 New Hope 4,825 3 0.06%1 0.02%7 0.15%220 4.56%1,025 21.24%3,245 67.26%231 4.79%34 0.70%29 0.60%30 0.62%
38 Orono 2,558 1 0.04%1 0.04%2 0.08%28 1.09%83 3.24%243 9.50%517 20.21%896 35.03%562 21.97%225 8.80%
88 Osseo 680 1 0.15%- 0.00%- 0.00%- 0.00%- 0.00%2 0.30%23 3.38%505 74.26%136 20.00%13 1.91%
40 Plymouth 23,084 5 0.02%2 0.01%24 0.10%401 1.74%2,793 12.10%11,315 49.01%6,923 29.99%1,458 6.32%138 0.60%25 0.11%
42 Richfield 9,800 31 0.32%58 0.59%116 1.18%1,857 18.95%5,820 59.39%1,663 16.96%188 1.92%26 0.27%34 0.35%7 0.07%
44 Robbinsdale 4,261 6 0.14%10 0.23%178 4.18%336 7.89%1,071 25.13%1,681 39.45%902 21.17%43 1.01%18 0.42%16 0.38%
90 Rockford 65 - 0.00%- 0.00%- 0.00%2 3.08%53 81.54%7 10.76%2 3.08%1 1.54%- 0.00%- 0.00%
92 Rogers 3,617 - 0.00%- 0.00%1 0.03%4 0.11%168 4.64%1,886 52.15%1,230 34.01%173 4.78%143 3.95%12 0.33%
94 Saint Anthony 1,763 1 0.06%- 0.00%- 0.00%17 0.96%726 41.18%678 38.46%315 17.87%17 0.96%6 0.34%3 0.17%
95 Saint Bonifacius 764 - 0.00%- 0.00%1 0.13%6 0.79%76 9.95%186 24.34%309 40.45%137 17.93%47 6.15%2 0.26%
46 Saint Louis Park 13,919 6 0.04%7 0.05%86 0.62%446 3.20%4,801 34.49%5,314 38.18%2,192 15.75%295 2.12%576 4.14%196 1.41%
26 Shorewood 2,337 1 0.04%1 0.04%16 0.68%34 1.45%91 3.89%662 28.35%637 27.26%509 21.78%317 13.56%69 2.95%
17 Spring Park 355 2 0.56%1 0.28%1 0.28%- 0.00%5 1.41%67 18.87%45 12.68%22 6.20%86 24.23%126 35.49%
97 Tonka Bay 529 2 0.38%1 0.19%4 0.76%1 0.19%42 7.94%97 18.33%195 36.86%81 15.31%51 9.64%55 10.40%
99 Wayzata 1,259 3 0.24%3 0.24%8 0.64%26 2.07%84 6.67%141 11.19%277 22.00%270 21.45%207 16.44%240 19.06%
15 Woodland 129 - 0.00%- 0.00%- 0.00%- 0.00%11 8.53%41 31.78%64 49.61%6 4.65%4 3.10%3 2.33%
240,738 155 0.06%157 0.07%886 0.37%7,178 2.98%37,748 15.68%97,149 40.35%70,130 29.13%18,106 7.52%6,321 2.63%2,908 1.21%
328,162 455 0.14%514 0.16%2,112 0.64%14,428 4.40%61,455 18.73%126,016 38.40%89,634 27.31%22,916 6.98%7,413 2.26%3,219 0.98%
Note: A property (PID) is included in this table only if it has the same homestead/non-homestead classification for both tax years (payable 2023 and proposed 2024).
A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2024 taxes (2023 assessment).
.1% - 4.9%
Suburban
Change
(4.9%) - 0.0%
Increase
(14.9%) - (10.0%)
Hennepin County Property Tax Comparison - Based on Payable 2023 Taxes and Proposed 2024 TRUTH IN TAXATION
RESIDENTIAL SINGLE FAMILY PROPERTIES
Munic
Code Municipality Name Total # of
PIDs
less than (-20.0%) 20.0% and over(9.9%) - (5.0%)
Decrease/No Change
Number and Percent of Property by Percent of Tax Change
County
15.0% - 19.9%10.0% - 14.9%5.0% - 9.9%(19.9%) - (15.0%)
# % # % # % # % # % # % # % # % # % # % # % # % # %
20 Bloomington 25,989 15 0.06% 4 0.02% 10 0.04% 26 0.10% 125 0.48% 817 3.14% 8,629 33.20% 11,048 42.51% 3,223 12.40% 1,323 5.09% 387 1.49% 188 0.72% 194 0.75%
22 Brooklyn Center 7,602 2 0.03% - 0.00% 7 0.09% 13 0.17% 87 1.14% 897 11.80% 1,728 22.73% 3,483 45.82% 1,163 15.30% 131 1.72% 82 1.08% 4 0.05% 5 0.07%
48 Brooklyn Park 21,243 15 0.07% 5 0.02% 39 0.18% 165 0.78% 655 3.08% 2,300 10.83% 5,030 23.68% 6,243 29.39% 3,460 16.29% 1,789 8.42% 709 3.34% 374 1.76% 459 2.16%
50 Champlin 7,370 2 0.03% 2 0.03% - 0.00% 4 0.05% 20 0.27% 175 2.39% 1,256 17.04% 3,846 52.18% 1,206 16.36% 382 5.18% 256 3.47% 169 2.29% 52 0.71%
14 Chanhassen - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
52 Corcoran 2,007 13 0.65% 5 0.25% 14 0.70% 64 3.19% 463 23.07% 580 28.90% 225 11.21% 210 10.46% 96 4.78% 169 8.42% 99 4.93% 44 2.19% 25 1.25%
54 Crystal 6,901 2 0.03% - 0.00% - 0.00% 1 0.01% 5 0.07% 124 1.81% 1,370 19.85% 3,131 45.37% 1,810 26.23% 286 4.14% 110 1.59% 37 0.54% 25 0.36%
56 Dayton 2,379 3 0.13% - 0.00% 2 0.08% 8 0.34% 15 0.63% 78 3.29% 754 31.69% 857 36.02% 458 19.25% 155 6.52% 31 1.30% 7 0.29% 11 0.46%
59 Deephaven 1,169 4 0.34% - 0.00% 2 0.17% 1 0.09% 1 0.09% 1 0.08% 20 1.71% 52 4.45% 139 11.89% 164 14.03% 119 10.18% 110 9.41% 556 47.56%
61 Eden Prairie 18,498 9 0.05% - 0.00% 8 0.04% 12 0.06% 34 0.18% 1,223 6.63% 8,400 45.41% 3,188 17.23% 2,013 10.88% 1,117 6.04% 770 4.16% 488 2.64% 1,236 6.68%
24 Edina 15,821 69 0.44% 19 0.12% 30 0.19% 75 0.47% 513 3.24% 1,567 9.90% 2,610 16.50% 3,196 20.20% 2,772 17.52% 1,144 7.23% 729 4.61% 669 4.23% 2,428 15.35%
63 Excelsior 484 1 0.21% - 0.00% - 0.00% - 0.00% 4 0.83% 6 1.24% 38 7.85% 53 10.95% 26 5.37% 24 4.96% 27 5.58% 20 4.13% 285 58.88%
28 Golden Valley 6,587 10 0.15% 3 0.05% 5 0.08% 10 0.15% 23 0.35% 392 5.95% 2,431 36.91% 2,014 30.58% 877 13.31% 357 5.42% 192 2.91% 105 1.59% 168 2.55%
65 Greenfield 786 11 1.40% 9 1.15% 32 4.07% 95 12.09% 88 11.20% 84 10.68% 97 12.34% 138 17.56% 107 13.61% 46 5.85% 25 3.18% 21 2.67% 33 4.20%
19 Greenwood 241 7 2.90% 2 0.83% - 0.00% 3 1.24% - 0.00% 21 8.73% 32 13.28% 22 9.13% 23 9.54% 16 6.64% 14 5.81% 9 3.73% 92 38.17%
67 Hanover 179 - 0.00% - 0.00% - 0.00% - 0.00% 23 12.85% 11 6.15% 74 41.34% 44 24.58% 12 6.70% 8 4.47% 2 1.12% 4 2.23% 1 0.56%
30 Hopkins 3,955 4 0.10% 8 0.20% 3 0.08% 18 0.46% 144 3.64% 961 24.30% 1,264 31.96% 979 24.75% 275 6.95% 105 2.65% 64 1.62% 34 0.86% 96 2.43%
70 Independence 910 10 1.10% 15 1.65% 31 3.41% 30 3.30% 91 10.00% 104 11.41% 116 12.75% 115 12.64% 101 11.10% 79 8.68% 52 5.71% 34 3.74% 132 14.51%
72 Long Lake 524 5 0.95% 1 0.19% 2 0.38% 2 0.38% 1 0.19% 37 7.06% 131 25.00% 106 20.23% 78 14.89% 58 11.07% 19 3.63% 24 4.58% 60 11.45%
74 Loretto 192 - 0.00% - 0.00% - 0.00% - 0.00% 1 0.52% 3 1.57% 117 60.94% 64 33.33% 5 2.60% - 0.00% 2 1.04% - 0.00% - 0.00%
76 Maple Grove 22,571 157 0.70% 57 0.25% 180 0.80% 652 2.89% 2,076 9.20% 7,056 31.24% 6,434 28.51% 3,136 13.89% 1,536 6.81% 695 3.08% 248 1.10% 56 0.25% 288 1.28%
77 Maple Plain 483 3 0.62% - 0.00% 6 1.24% 41 8.49% 183 37.89% 243 50.31% 6 1.24% - 0.00% - 0.00% - 0.00% 1 0.21% - 0.00% - 0.00%
79 Medicine Lake 110 - 0.00% 1 0.91% - 0.00% - 0.00% 1 0.91% 2 1.83% 9 8.18% 6 5.45% 7 6.36% 4 3.64% 8 7.27% 10 9.09% 62 56.36%
80 Medina 1,953 19 0.97% 12 0.61% 19 0.97% 30 1.54% 134 6.86% 467 23.91% 370 18.95% 256 13.11% 184 9.42% 94 4.81% 82 4.20% 72 3.69% 214 10.96%
01 Minneapolis 87,424 504 0.58% 303 0.35% 600 0.69% 1,809 2.07% 6,916 7.91% 22,711 25.97% 21,108 24.14% 16,522 18.90% 8,824 10.09% 3,302 3.78% 1,732 1.98% 1,089 1.25% 2,004 2.29%
34 Minnetonka 16,820 14 0.08% 3 0.02% 4 0.02% 65 0.39% 93 0.55% 626 3.72% 4,050 24.08% 4,803 28.56% 3,547 21.09% 1,748 10.39% 695 4.13% 336 2.00% 836 4.97%
82 Minnetonka Beach 173 7 4.05% - 0.00% 1 0.58% 3 1.73% 1 0.58% 2 1.15% 3 1.73% 2 1.16% - 0.00% 2 1.16% 2 1.16% 4 2.31% 146 84.39%
36 Minnetrista 2,373 21 0.88% 8 0.34% 12 0.51% 52 2.19% 162 6.83% 198 8.33% 436 18.37% 475 20.02% 293 12.35% 155 6.53% 97 4.09% 59 2.49% 405 17.07%
85 Mound 3,473 8 0.23% 3 0.09% 5 0.14% 6 0.17% 11 0.32% 24 0.69% 301 8.67% 1,337 38.50% 734 21.13% 193 5.56% 147 4.23% 94 2.71% 610 17.56%
86 New Hope 4,825 4 0.08% - 0.00% 8 0.17% 13 0.27% 289 5.99% 942 19.52% 2,938 60.89% 454 9.41% 101 2.09% 45 0.93% 15 0.31% 8 0.17% 8 0.17%
38 Orono 2,558 12 0.47% - 0.00% 9 0.35% 35 1.37% 13 0.51% 46 1.80% 80 3.13% 204 7.97% 297 11.61% 172 6.72% 158 6.18% 151 5.90% 1,381 53.99%
88 Osseo 680 1 0.15% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 9 1.32% 105 15.44% 200 29.41% 208 30.59% 109 16.03% 28 4.12% 20 2.94%
40 Plymouth 23,084 17 0.07% 15 0.06% 11 0.05% 146 0.63% 379 1.64% 2,658 11.54% 7,140 30.93% 6,330 27.42% 2,904 12.58% 1,370 5.93% 813 3.52% 552 2.39% 749 3.24%
42 Richfield 9,800 23 0.23% 41 0.42% 57 0.58% 306 3.12% 3,333 34.01% 4,123 42.09% 1,519 15.50% 314 3.20% 44 0.45% 10 0.10% 21 0.21% 8 0.08% 1 0.01%
44 Robbinsdale 4,261 4 0.09% 7 0.16% 45 1.06% 54 1.27% 395 9.27% 1,096 25.71% 1,242 29.15% 1,216 28.54% 114 2.68% 33 0.77% 13 0.31% 14 0.33% 28 0.66%
90 Rockford 65 - 0.00% - 0.00% - 0.00% 4 6.15% 4 6.15% 47 72.31% 7 10.77% 2 3.08% - 0.00% 1 1.54% - 0.00% - 0.00% - 0.00%
92 Rogers 3,617 - 0.00% 2 0.06% 3 0.08% 2 0.06% 23 0.64% 143 3.93% 798 22.06% 1,519 42.00% 701 19.38% 218 6.03% 65 1.80% 44 1.22% 99 2.74%
94 Saint Anthony 1,763 1 0.06% - 0.00% 5 0.28% 4 0.23% 60 3.40% 674 38.23% 285 16.17% 412 23.37% 220 12.48% 38 2.16% 30 1.70% 14 0.79% 20 1.13%
95 Saint Bonifacius 764 - 0.00% - 0.00% 1 0.13% 1 0.13% 10 1.31% 71 9.30% 193 25.26% 189 24.74% 230 30.10% 58 7.59% 10 1.31% - 0.00% 1 0.13%
46 Saint Louis Park 13,919 67 0.48% 18 0.13% 101 0.73% 199 1.43% 1,483 10.65% 3,478 24.99% 4,869 34.98% 1,643 11.80% 1,089 7.82% 418 3.00% 218 1.57% 143 1.03% 193 1.39%
26 Shorewood 2,337 16 0.68% 5 0.21% 11 0.47% 31 1.33% 15 0.64% 65 2.79% 269 11.51% 243 10.40% 243 10.40% 223 9.54% 233 9.97% 245 10.48% 738 31.58%
17 Spring Park 355 1 0.28% - 0.00% 1 0.28% - 0.00% 3 0.85% 4 1.13% 30 8.45% 45 12.68% 18 5.07% 36 10.14% 32 9.01% 31 8.73% 154 43.38%
97 Tonka Bay 529 7 1.32% 3 0.57% 5 0.95% 6 1.13% 10 1.89% 19 3.58% 36 6.81% 61 11.53% 46 8.70% 43 8.13% 25 4.73% 23 4.35% 245 46.31%
99 Wayzata 1,259 32 2.54% 5 0.40% 7 0.56% 8 0.64% 16 1.27% 56 4.44% 47 3.73% 101 8.02% 123 9.77% 53 4.21% 74 5.88% 101 8.02% 636 50.52%
15 Woodland 129 1 0.78% - 0.00% 1 0.78% 1 0.78% 2 1.55% 6 4.64% 6 4.65% 13 10.08% 19 14.73% 13 10.08% 8 6.20% 8 6.20% 51 39.53%
240,738 597 0.25% 253 0.11% 677 0.28% 2,186 0.91% 10,989 4.56% 31,427 13.05% 65,399 27.17% 61,655 25.61% 30,494 12.67% 13,183 5.48% 6,793 2.82% 4,342 1.80% 12,743 5.29%
328,162 1,101 0.34% 556 0.17% 1,277 0.39% 3,995 1.22% 17,905 5.46% 54,138 16.50% 86,507 26.36% 78,177 23.82% 39,318 11.98% 16,485 5.02% 8,525 2.60% 5,431 1.65% 14,747 4.49%
Note: A property (PID) is included in this table only if it has the same homestead/non-homestead classification for both tax years (payable 2023 and proposed 2024).
A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2024 taxes (2023 assessment).
Hennepin County Property Tax Comparison - Based on Payable 2023 Taxes and Proposed 2024 TRUTH IN TAXATION
Number and Percent of Property by Tax Change
$150.01 - $300.00($449.99) -
($300.00)$600.01 - $750.00
RESIDENTIAL SINGLE FAMILY PROPERTIES
$450.01 - $600.00 $750.01 - $900.00
Tax Change
Total # of
PIDs
County
($299.99) -
($150.00)
Suburban
($149.99) - $0.00less than ($750.00)$900.01 and overMunic
Code
($599.99) -
($450.00)Municipality Name $300.01 - $450.00($749.99) -
($600.00)$0.01 - $150.00
Decrease/No Change Increase
#%#%#%#%#%#%#%#%#%#%
20 Bloomington 779 - 0.00% 1 0.13% 4 0.51% 8 1.03% 152 19.51% 175 22.47% 127 16.30% 100 12.84% 129 16.56% 83 10.65%
22 Brooklyn Center 146 - 0.00% 1 0.68% - 0.00% 1 0.68% 21 14.38% 39 26.73% 26 17.81% 11 7.53% 8 5.48% 39 26.71%
48 Brooklyn Park 452 3 0.66% - 0.00% - 0.00% - 0.00% 24 5.31% 24 5.32% 97 21.46% 250 55.31% 34 7.52% 20 4.42%
50 Champlin 119 - 0.00% - 0.00% - 0.00% - 0.00% 11 9.24% 24 20.17% 56 47.06% 15 12.61% 5 4.20% 8 6.72%
14 Chanhassen 19 - 0.00% - 0.00% - 0.00% - 0.00% 5 26.32% 2 10.52% 7 36.84% 1 5.26% 2 10.53% 2 10.53%
52 Corcoran 49 - 0.00% - 0.00% - 0.00% 6 12.24% 11 22.45% 9 18.37% 10 20.41% 1 2.04% 5 10.20% 7 14.29%
54 Crystal 122 - 0.00% - 0.00% - 0.00% 2 1.64% 28 22.95% 25 20.48% 13 10.66% 12 9.84% 9 7.38% 33 27.05%
56 Dayton 53 - 0.00% - 0.00% - 0.00% - 0.00% 3 5.66% 12 22.65% 2 3.77% 8 15.09% 10 18.87% 18 33.96%
59 Deephaven 19 - 0.00% - 0.00% - 0.00% - 0.00% 7 36.84% 6 31.58% 3 15.79% - 0.00% 1 5.26% 2 10.53%
61 Eden Prairie 530 2 0.38% 14 2.64% 14 2.64% 56 10.57% 73 13.77% 80 15.10% 42 7.92% 128 24.15% 85 16.04% 36 6.79%
24 Edina 384 4 1.04% 1 0.26% 26 6.77% 21 5.47% 144 37.50% 59 15.36% 54 14.06% 42 10.94% 20 5.21% 13 3.39%
63 Excelsior 93 1 1.08% - 0.00% - 0.00% 39 41.94% 22 23.66% 8 8.58% 4 4.30% 5 5.38% 1 1.08% 13 13.98%
28 Golden Valley 239 2 0.84% - 0.00% - 0.00% 1 0.42% 60 25.10% 40 16.73% 25 10.46% 26 10.88% 32 13.39% 53 22.18%
65 Greenfield 20 - 0.00% - 0.00% - 0.00% 1 5.00% 6 30.00% 7 35.00% 3 15.00% 1 5.00% 2 10.00% - 0.00%
19 Greenwood 4 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 25.00% 1 25.00% 1 25.00% - 0.00% 1 25.00%
67 Hanover - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
30 Hopkins 263 - 0.00% - 0.00% 2 0.76% 1 0.38% 69 26.24% 44 16.72% 71 27.00% 34 12.93% 13 4.94% 29 11.03%
70 Independence 11 - 0.00% - 0.00% - 0.00% - 0.00% 1 9.09% - 0.00% 1 9.09% 1 9.09% - 0.00% 8 72.73%
72 Long Lake 68 - 0.00% - 0.00% - 0.00% 15 22.06% 15 22.06% 7 10.30% 4 5.88% 16 23.53% 7 10.29% 4 5.88%
74 Loretto 23 - 0.00% - 0.00% - 0.00% 1 4.35% 7 30.43% 2 8.70% 4 17.39% 6 26.09% - 0.00% 3 13.04%
76 Maple Grove 526 1 0.19% 1 0.19% - 0.00% 42 7.98% 70 13.31% 101 19.21% 122 23.19% 92 17.49% 34 6.46% 63 11.98%
77 Maple Plain 53 - 0.00% - 0.00% - 0.00% 13 24.53% 7 13.21% 11 20.76% 5 9.43% 5 9.43% - 0.00% 12 22.64%
79 Medicine Lake 8 1 12.50% - 0.00% - 0.00% - 0.00% 3 37.50% 4 50.00% - 0.00% - 0.00% - 0.00% - 0.00%
80 Medina 121 - 0.00% 1 0.83% - 0.00% 14 11.57% 11 9.09% 25 20.66% 40 33.06% 16 13.22% 4 3.31% 10 8.26%
01 Minneapolis 3,572 31 0.87% 47 1.32% 72 2.02% 116 3.25% 948 26.54% 564 15.76% 596 16.69% 431 12.07% 231 6.47% 536 15.01%
34 Minnetonka 387 1 0.26% - 0.00% - 0.00% 23 5.94% 94 24.29% 143 36.96% 76 19.64% 29 7.49% 5 1.29% 16 4.13%
82 Minnetonka Beach - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
36 Minnetrista - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
85 Mound 59 - 0.00% 2 3.39% - 0.00% - 0.00% 22 37.29% 14 23.73% 4 6.78% - 0.00% 2 3.39% 15 25.42%
86 New Hope 157 - 0.00% - 0.00% - 0.00% 1 0.64% 17 10.83% 39 24.84% 30 19.11% 25 15.92% 16 10.19% 29 18.47%
38 Orono 33 - 0.00% - 0.00% 1 3.03% 8 24.24% 4 12.12% 6 18.19% 1 3.03% 3 9.09% 4 12.12% 6 18.18%
88 Osseo 107 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 27 25.23% 17 15.89% 22 20.56% 15 14.02% 26 24.30%
40 Plymouth 486 4 0.82% 1 0.21% 3 0.62% 11 2.26% 31 6.38% 86 17.69% 128 26.34% 71 14.61% 107 22.02% 44 9.05%
42 Richfield 207 - 0.00% 1 0.48% - 0.00% 10 4.83% 51 24.64% 34 16.42% 67 32.37% 28 13.53% 6 2.90% 10 4.83%
44 Robbinsdale 79 - 0.00% - 0.00% - 0.00% - 0.00% 15 18.99% 9 11.38% 13 16.46% 17 21.52% 3 3.80% 22 27.85%
90 Rockford 10 - 0.00% - 0.00% 1 10.00% - 0.00% 4 40.00% - 0.00% 4 40.00% - 0.00% - 0.00% 1 10.00%
92 Rogers 248 1 0.40% - 0.00% - 0.00% - 0.00% 23 9.27% 46 18.55% 70 28.23% 39 15.73% 17 6.85% 52 20.97%
94 Saint Anthony 58 - 0.00% - 0.00% - 0.00% 1 1.72% 11 18.97% 2 3.45% 10 17.24% 8 13.79% 17 29.31% 9 15.52%
95 Saint Bonifacius 31 - 0.00% - 0.00% - 0.00% - 0.00% 9 29.03% 1 3.23% 9 29.03% 4 12.90% 1 3.23% 7 22.58%
46 Saint Louis Park 511 - 0.00% - 0.00% - 0.00% 1 0.20% 71 13.89% 153 29.94% 151 29.55% 92 18.00% 38 7.44% 5 0.98%
26 Shorewood 22 - 0.00% - 0.00% - 0.00% 8 36.36% 7 31.82% 3 13.63% 1 4.55% - 0.00% - 0.00% 3 13.64%
17 Spring Park 47 - 0.00% - 0.00% 3 6.38% 1 2.13% 9 19.15% 10 21.27% 4 8.51% 1 2.13% 1 2.13% 18 38.30%
97 Tonka Bay 6 - 0.00% 1 16.67% - 0.00% - 0.00% 3 50.00% - -0.01% 1 16.67% 1 16.67% - 0.00% - 0.00%
99 Wayzata 90 - 0.00% - 0.00% 1 1.11% 38 42.22% 27 30.00% 8 8.90% 1 1.11% 1 1.11% 1 1.11% 13 14.44%
15 Woodland - - 0.00% - 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00% -
6,639 20 0.30%24 0.36%55 0.83%323 4.87%1,148 17.29%1,286 19.37%1,304 19.64%1,112 16.75%634 9.55%733 11.04%
10,211 51 0.50%71 0.70%127 1.24%439 4.30%2,096 20.53%1,850 18.11%1,900 18.61%1,543 15.11%865 8.47%1,269 12.43%
Note: A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2024 taxes (2023 assessment).
Only property of type "C" or "I" are included in this table.
County
Munic
Code Municipality Name Total # of
PIDs
Decrease/No Change
15.0% - 19.9%less than (20.0%)
Suburban
(4.9%) - 0.0%(9.9%) - (5.0%)(14.9%) - (10.0%)(19.9%) - (15.0%) 10.0% - 14.9% 20.0% and over5.0% - 9.9%
Change
.1% - 4.9%
Hennepin County Property Tax Comparison - Based on Payable 2023 Taxes and Proposed 2024 TRUTH IN TAXATION
COMMERCIAL AND INDUSTRIAL PROPERTIES (excluding vacant land)
Number and Percent of Property by Percent of Tax Change
Increase
#%#%#%#%#%#%#%#%#%#%
20 Bloomington 202 - 0.00% - 0.00% - 0.00% 4 1.98% 126 62.38% 69 34.15% 3 1.49% - 0.00% - 0.00% - 0.00%
22 Brooklyn Center 66 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 13 19.70% 43 65.15% 8 12.12% 2 3.03% - 0.00%
48 Brooklyn Park 66 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 2 3.03% 5 7.58% 33 50.00% 24 36.36% 2 3.03%
50 Champlin 9 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 2 22.22% 7 77.78% - 0.00% - 0.00% - 0.00%
14 Chanhassen - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
52 Corcoran - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
54 Crystal 34 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 31 91.18% 3 8.82% - 0.00% - 0.00% - 0.00%
56 Dayton 1 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 100.00% - 0.00% - 0.00% - 0.00% - 0.00%
59 Deephaven - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
61 Eden Prairie 62 - 0.00% - 0.00% - 0.00% - 0.00% 3 4.84% 37 59.67% 16 25.81% 6 9.68% - 0.00% - 0.00%
24 Edina 71 - 0.00% - 0.00% - 0.00% 3 4.23% 11 15.49% 34 47.89% 17 23.94% - 0.00% 5 7.04% 1 1.41%
63 Excelsior 20 - 0.00% - 0.00% 1 5.00% - 0.00% 7 35.00% 10 50.00% 2 10.00% - 0.00% - 0.00% - 0.00%
28 Golden Valley 27 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 24 88.89% 3 11.11% - 0.00% - 0.00% - 0.00%
65 Greenfield - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
19 Greenwood 1 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 100.00% - 0.00% - 0.00% - 0.00% - 0.00%
67 Hanover - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
30 Hopkins 63 - 0.00% - 0.00% - 0.00% - 0.00% 47 74.60% 10 15.87% 5 7.94% - 0.00% - 0.00% 1 1.59%
70 Independence - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
72 Long Lake 14 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 14 100.00% - 0.00% - 0.00% - 0.00% - 0.00%
74 Loretto 1 - 0.00% - 0.00% - 0.00% - 0.00% 1 100.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
76 Maple Grove 20 - 0.00% - 0.00% - 0.00% - 0.00% 1 5.00% 17 85.00% 2 10.00% - 0.00% - 0.00% - 0.00%
77 Maple Plain 13 - 0.00% - 0.00% - 0.00% 10 76.92% 3 23.08% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
79 Medicine Lake 5 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 1 20.00% 1 20.00% 2 40.00% 1 20.00% - 0.00%
80 Medina 9 - 0.00% - 0.00% - 0.00% - 0.00% 9 100.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
01 Minneapolis 2,671 14 0.52% 7 0.26% 19 0.71% 184 6.89% 1,120 41.93% 747 27.97% 408 15.28% 75 2.81% 85 3.18% 12 0.45%
34 Minnetonka 46 - 0.00% - 0.00% - 0.00% - 0.00% 1 2.17% 29 63.05% 11 23.91% 4 8.70% - 0.00% 1 2.17%
82 Minnetonka Beach - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
36 Minnetrista - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
85 Mound 19 - 0.00% - 0.00% - 0.00% - 0.00% 1 5.26% 15 78.95% 3 15.79% - 0.00% - 0.00% - 0.00%
86 New Hope 70 - 0.00% - 0.00% - 0.00% - 0.00% 2 2.86% 47 67.14% 10 14.29% 11 15.71% - 0.00% - 0.00%
38 Orono 2 - 0.00% - 0.00% - 0.00% - 0.00% 1 50.00% 1 50.00% - 0.00% - 0.00% - 0.00% - 0.00%
88 Osseo 22 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 22 100.00% - 0.00% - 0.00%
40 Plymouth 32 - 0.00% - 0.00% - 0.00% 1 3.13% 11 34.38% 20 62.49% - 0.00% - 0.00% - 0.00% - 0.00%
42 Richfield 127 - 0.00% - 0.00% 2 1.57% 118 92.91% 6 4.72% 1 0.80% - 0.00% - 0.00% - 0.00% - 0.00%
44 Robbinsdale 33 - 0.00% - 0.00% - 0.00% - 0.00% 1 3.03% 11 33.33% 21 63.64% - 0.00% - 0.00% - 0.00%
90 Rockford 2 - 0.00% - 0.00% - 0.00% 1 50.00% 1 50.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
92 Rogers 8 - 0.00% - 0.00% - 0.00% - 0.00% 6 75.00% 2 25.00% - 0.00% - 0.00% - 0.00% - 0.00%
94 Saint Anthony 5 - 0.00% - 0.00% - 0.00% - 0.00% 1 20.00% 4 80.00% - 0.00% - 0.00% - 0.00% - 0.00%
95 Saint Bonifacius 4 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 2 50.00% 1 25.00% 1 25.00% - 0.00% - 0.00%
46 Saint Louis Park 139 - 0.00% - 0.00% - 0.00% 1 0.72% - 0.00% 96 69.06% 37 26.62% 2 1.44% - 0.00% 3 2.16%
26 Shorewood 4 - 0.00% - 0.00% - 0.00% - 0.00% 2 50.00% 2 50.00% - 0.00% - 0.00% - 0.00% - 0.00%
17 Spring Park 7 - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% 4 57.14% 2 28.57% - 0.00% - 0.00% 1 14.29%
97 Tonka Bay - - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00% - 0.00%
99 Wayzata 19 - 0.00% - 0.00% - 0.00% - 0.00% 11 57.89% 5 26.33% 1 5.26% 1 5.26% 1 5.26% - 0.00%
15 Woodland - - - - - - - - - - -
1,223 - 0.00%- 0.00%3 0.25%138 11.28%252 20.61%505 41.28%193 15.78%90 7.36%33 2.70%9 0.74%
3,894 14 0.36%7 0.18%22 0.56%322 8.27%1,372 35.23%1,252 32.16%601 15.43%165 4.24%118 3.03%21 0.54%
Note: A property (PID) is included in this table only if it has the same homestead/non-homestead classification for both tax years (payable 2023 and proposed 2024).
A property (PID) is excluded from this table if it has an improvement amount, multiple taxable subrecords or a partial constuction indicator for proposed 2024 taxes (2023 assessment).
Decrease/No Change
(14.9%) - (10.0%)
Suburban
.1% - 4.9%(4.9%) - 0.0%(9.9%) - (5.0%)(19.9%) - (15.0%)
County
Munic
Code Municipality Name Total #
of PIDs
5.0% - 9.9% 10.0% - 14.9% 15.0% - 19.9% 20.0% and over
Hennepin County Property Tax Comparison - Based on Payable 2023 Taxes and Proposed 2024 TRUTH IN TAXATION
APARTMENTS
Number and Percent of Property by Percent of Tax Change
Change
less than (-20.0%)
Increase
2024 PRELIMINARY BUDGET
New Hope City Council Meeting • Nov. 27, 2023
Presentation Outline
Review budget process
Review revenues and expenditures
Present preliminary tax levy and general fund
Review debt levies
Review estimated tax impact and tax rate
Review utility rates (typical bill)
Review city survey results
2
Budget Process
September 11, 2023 Council Meeting
Approved 2024 preliminary tax supported budgets
Approved 2024 preliminary tax levy (maximum amount)
Scheduled public hearing date for 2024 budget (November
27 at 6:30 pm)
City Clerk submited maximum tax levy to county auditor for
certification along with public hearing date
September 18, 2023 Work Session
General fund budgets reviewed with city manager, Abdo
and department heads
3
Budget Process
October 16, 2023 Work Session
Utility and enterprise fund budgets reviewed with city
manager, Abdo and department heads
HRG budget/program/rates discussed
Utility rate recommendations reviewed
November 20, 2023 Work Session
County assessor information reviewed
City services survey results presented
Budget public hearing presentation reviewed
4
Budget Process
November 27, 2023 Budget Public Hearing
Presentation and comments from residents
December 11, 2023 Council Meeting
Final budget approved
Utility/recycling rate changes approved
Certify final levy to Hennepin County Auditor and
Department of Revenue
5
Revenue Budgets
6
2023
Adopted
Budget
2024
Preliminary
Budget
2023 to 2024
Increase
(Decrease)
General Fund 5,158,252$ 5,903,614$ 745,362$ 14.45 %
Economic Development Authority 78,000 66,000 (12,000) -15.38
Park Infrastructure 56,149 64,690 8,541 15.21
Street Infrastructure 537,500 2,838,333 2,300,833 428.06
Sanitary Sewer 4,064,500 4,202,000 137,500 3.38
Water 6,139,500 6,153,000 13,500 0.22
Solid Waste Management 267,700 366,052 98,352 36.74
Golf Course 396,150 435,500 39,350 9.93
Ice Arena 1,439,355 1,457,070 17,715 1.23
Storm Water 1,375,500 1,442,000 66,500 4.83
Street Lighting 180,100 186,000 5,900 3.28
Internal Service Funds 3,147,283 3,513,609 366,326 11.64
TOTAL ESTIMATED NON-TAX RECEIPTS 22,839,989$ 26,627,868$ 3,787,879$ 16.58 %
TOTAL PROPERTY TAX REVENUE 19,053,316$ 20,075,244$ 1,021,928$ 5.36 %
TOTAL REVENUE 41,893,305$ 46,703,111$ 4,809,806$ 11.48 %
2023 to 2024
Increase
(Decrease)
Expenditure Budgets
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2023
Adopted
Budget
2024
Preliminary
Budget
2023 to 2024
Increase
(Decrease)
General Fund 17,235,207$ 18,578,101$ 1,342,894$ 7.79 %
Economic Development Authority 824,811 825,400 589 0.07
Park Infrastructure 1,948,000 855,000 (1,093,000) -56.11
Street Infrastructure 5,272,095 4,622,599 (649,496) -12.32
Debt Service 3,462,088 3,467,116 5,028 0.15
Sanitary Sewer 3,722,548 4,142,439 419,891 11.28
Water 10,852,121 5,687,595 (5,164,526) -47.59
Solid Waste Management 318,164 366,016 47,852 15.04
Golf Course 596,197 561,490 (34,707) -5.82
Ice Arena 2,478,733 1,313,778 (1,164,955) -47.00
Storm Water 1,445,940 1,564,821 118,881 8.22
Street Lighting 625,706 137,206 (488,500) -78.07
Internal Service Funds 4,202,830 10,246,504 6,043,674 143.80
TOTAL EXPENDITURES 52,984,440$ 52,368,065$ (616,375)$ -1.16 %
2023 to 2024
Increase
(Decrease)
2024 Preliminary Major
Revenue Budget Changes
$458,326 increase in Local Government Aid.
$203,500 increase in Public Safety Aid to be used in
2024.
$2,037,333 increase in Municipal State Aid grant for
the 36th Avenue bridge replacement and 56th, Xylon
and Louisiana street project.
$273,000 increase in franchise fees for new rates
implemented in March 2023.
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2024 Preliminary Major
Expenditure Budget Changes
$601,767 increase to fund 3% increase in wages/benefits;
step increases, adjustment to health insurance contributions,
and Council salary increase.
$177,132 increase in West Metro Fire-Rescue District joint
powers agreement (includes aerial lease and two truck
leases).
$58,366 increase in IT charges, including WatchGuard,
records management through LETG, and LOGIS software.
$272,960 increase in central garage charges.
$64,768 increase in elections budget for election judge
costs.
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Property Tax Levy
10
2023 Levied
2024
Requested
Increase /
Decrease
Program or service
Base Levy
General fund 12,076,955$ 12,674,488$ 597,533$ 4.95 3.14 %
Street Improvements 1,698,622 1,783,553 84,931 5.00 0.45
Park Improvements (1)925,185 946,444 21,259 2.30 0.11
Economic Development Authority 160,650 168,683 8,033 5.00 0.04
Housing and Redevelopment Authority 437,850 459,743 21,893 5.00 0.11
Fire Capital - 100,000 100,000 100.00 0.52
Swimming Pool Capital - 100,000 100,000 100.00 0.52
City Hall Capital - 100,000 100,000 100.00 0.52
Debt Service -
2015A GO TIF Bonds (City Center)237,853 235,017 (2,836) (1.19) (0.01)
2015B GO Imp Bonds (Northwoods South)208,745 206,685 (2,060) (0.99) (0.01)
2016A GO Imp Bonds (Northwoods North)263,709 259,352 (4,357) (1.65) (0.02)
2017A GO Bonds (Police Dept/City Hall)1,705,515 1,706,828 1,313 0.08 0.01
2018A GO Tax Abatement Bonds (Pool and Park)867,464 865,784 (1,680) (0.19) (0.01)
2019A GO Tax Abatement Bonds (Pool and Park P 470,768 468,668 (2,100) (0.45) (0.01)
Total Property Taxes 19,053,316$ 20,075,245$ 1,021,929$ 5.36 5.36 %
(1)Includes an increase of 5% as the annual Park Infrastructure Levy increase, plus an additional $500,000 levy to support
Ice Arena debt service.
% Change
from Prior
Year
% of
Total
Change
2024 Preliminary Tax Levy
General fund tax levy is $12,674,488, which is $597,533 or
4.95% increase over 2023 general fund levy of $12,076,955.
Total tax levy, including:
General Fund
Street and Park Infrastructure Funds (New Hope does not assess
taxable properties for street improvements)
EDA Levy
HRA Levy
Fire, Swimming Pool and City Hall Capital
Prior Debt Levies
Total tax levy is $20,075,245, which is 5.36% increase over
2023 total levy of $19,053,316.
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2024 Preliminary Tax Levy
Total tax levy includes:
5% ($84,931) increase in street infrastructure levy
2.3% ($21,259) increase in park infrastructure levy
5% ($8,033) increase in EDA levy for redevelopment projects
5% ($21,893) increase in HRA levy to achieve long-term funding
plan for scattered site housing program
New levies for future capital needs for the fire station, aquatic
center and city hall/police facility; $100,000 each, totaling
$300,000.
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2024 Preliminary Tax Levy
Total tax levy includes:
Prior Debt Levies:
2015 City Center infrastructure
2015 Northwood South infrastructure
2016 Northwood North infrastructure
2017 Police Department/City Hall
2018 Pool and Park
2019 Pool and Park
Five of the bond debt levies are decreasing for a total of $13,033
One of the bond debt levies is increasing by $1,313
Overall, the combined debt levies are decreasing by $11,720
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Estimated Tax Impact
Median home value in 2023 is $326,050, which is an 0.32% increase from
2022.
Current estimated impact on residential homes based on 5.36% increase in
city tax levy is 3%
For homes valued between $175,000 and $500,000 the tax increase
estimate is $29 to $93.
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2023 Market
Value of a
Home
Taxable
Market Value 2023 Actual
2024
Estimated
$ Increase /
(decrease)
% Increase /
(decrease)
175,000$ 153,500$ 877$ 906$ 29$ 3%
200,000 180,800 1,033 1,067 34 3%
225,000 208,000 1,189 1,228 39 3%
250,000 235,300 1,345 1,389 44 3%
300,000 289,800 1,657 1,710 54 3%
350,000 344,300 1,968 2,032 64 3%
400,000 398,800 2,280 2,354 74 3%
450,000 450,000 (1)2,572 2,656 84 3%
500,000 500,000 (1)2,858 2,951 93 3%
(1) For 2023 the Homestead Market Value Exclusion is phased out at a value of $413,800.
Tax Rate
Based on current information:
The city tax rate is projected to increase from
57.162% in 2023 to
58.831% in 2024
The total tax rate is projected to increase from
125.085% in 2023 to
127.004% in 2024
*Amounts for County, School, and Other are estimates.
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2022 2023 2024
City Tax Rate 62.826%57.162%58.831%
HRA Tax Rate 1.497%1.342%1.592%
County Tax Rate 38.535%34.542%34.542%
School Tax Rate 26.507%24.092%24.092%
Other Tax Rate 8.742%7.947%7.947%
Total Tax Rate 138.107%125.085%127.004%
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Based on 5,000 gallons of water usage Increase Rate 2023 Rate 2022
Water 5%$50.54 $52.89
Sewer 4%$40.39 $42.02
Street Lights 5%$9.50 $9.88
Recycling $.90 $1.52 $1.60
Storm Drainage 4%$5.00 $5.90
Total (increase of $5.34)$106.95 $112.29
Utility Rates – typical bill
2023 Performance Measures: Overview
City Services Survey conducted July 1 to Oct. 1, 2023
561 total responses
360 paper surveys returned
201 surveys completed online
Decrease in response rate from past years:
17
2022 (ML)2021 2020 2019 2018 2017
400 663 839 610 679 632
2023 Performance Measures: General
City Services Survey conducted July 1 to Oct. 1, 2023; 561 responses
Rating of the overall quality of city services
▼ 81% excellent or good; 12% neutral; 6% fair; 0% poor
Percent change in the taxable property market value
▲ 16.68% increase ($2,308,596,615 payable in 2022 to $2,693,654,510 payable
in 2023; 6.03% increase 2021 to 2022)
Citizens’ rating of the overall appearance of the city
▼ 74% excellent or good; 12% neutral; 12% fair; 1% poor
Bond rating
* AA
Citizens’ rating of the quality of city recreational programs & and facilities
▼ Programs: 56% as excellent or good; 19% neutral; 2% fair; 1% poor; 21% N/A
▼ Facilities: 81% as excellent or good; 11% neutral; 3% fair; 2% poor; 3% N/A
Citizen’s rating of the quality of communication/distribution of information
▼ 66% excellent or good; 17% neutral; 9% fair; 4% poor
18
* = No significant change
from last year
▲ = Increase from last year
▼ = Decrease from last year
2023 Performance Measures: Public Safety
Group A and B crime rates (for 2022)
* Group A – 1,281; Group B – 95
Citizens’ rating of safety in the community
▼ 88% very or somewhat safe; 10% somewhat unsafe; 1% very unsafe
Average police response time (for 2022)
▼ 3.33 minutes for Priority 1 calls
Insurance industry rating of fire services
* 3
Citizens’ rating of the quality of fire protection services
* 81% excellent or good; 16% neutral; 1% fair; 0% poor
Fire calls per 1,000 population
▼ 49.99 (1,099 calls for service in 2022)
19
* = No significant change from last year
▲ = Increase from last year
▼ = Decrease from last year
2023 Performance Measures: Public Works
Average city pavement rating index
* 81 (81 in 2022, 2021)
Citizens’ rating of overall condition of city streets
▼ 62% excellent or good; 17% neutral; 18% fair; 3% poor
Citizens’ rating of quality of snowplowing on city streets
▼ 82% excellent or good; 8% neutral; 8% fair; 2% poor
Citizens’ rating of dependability & overall quality of city water supply
▲ 89% excellent or good; 6% neutral; 4% fair; 1% poor
Citizens’ rating of the quality of stormwater management in the city
▲ 79% excellent or good; 16% neutral; 4% fair; <1% poor
Citizens’ rating of the dependability & quality of city sanitary sewer service
▲ 85% excellent or good; 11% neutral; 3% fair; <1% poor
Number of sewer blockages on city system
* 2 in 2023 (through Oct. 25)
20
* = No significant change from last year
▲ = Increase from last year
▼ = Decrease from last year
Summary
Council will be asked to adopt the final budget and tax levy
at the December 11 Council Meeting.
Budget document will be posted on the city’s website.
21