North Branch Council Discusses Preliminary Levy Hike and Development Plans
What happened
The North Branch City Council is currently discussing the preliminary property tax levy for 2027, which is currently set at a nine percent hike from the current rate. The council noted that the levy needed to be collected for the current year is $6,631,200, up from $6,124,309 in 2025. Separately, the council approved WSB to draw up plans for the Northwest Old Town development.
Why it matters
The financial impacts of the levy hike are dependent on parcel valuations and the city's budget needs. The council is actively seeking ways to reduce the final levy before it must be adopted in December. The city is also evaluating various cost-saving measures, including police overtime versus adding staff.
Who's involved
- North BranchCity whose budget and property tax structure are under review.
- MinnesotaState whose property tax laws govern the levy process.
- WSBCompany contracted to develop plans for the city's project.
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The entities involved
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North Branch
New Jersey Transit rail station
Nothing else this week.
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Minnesota
state of the United States of America