Council approves preliminary tax levy increase of 7.7%
The Lake City City Council approved the city’s preliminary 2025 budget and property tax levy at the Sept. 9 regular meeting.
The approved preliminary levy is $4,997,472. It includes a $47,000 correction of a tax collection shortfall in the Goodhue County portion of the city last year. When that is subtracted, the proposed levy increase is 7.7%.
One factor in this year’s levy increase is $122,500 added to plan for future street and utility project debt service payments.
Want to read the full article? Full access to lakecitygraphic.com is only $52 per year. Print subscriptions are $58 for Wabasha and Goodhue county residents and $80 anywhere else in the continental U.S. To begin, click here. Already a subscriber? Log in or request an account below.