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Posted on: December 21, 2020

City Council Approves 2021 Budget and Levy

Budget

The City Council adopted the preliminary 2021 property tax levy and operating budget on September 2. The 2021 property tax levy of $17.6 million is a 3.99% increase from the 2020 levy of $16.9 million. Despite the increase, growth in the City-wide tax base will result in most residents paying the same amount in City property tax in 2021 as they did in 2020.

Property specific notices were mailed to all residences in November with comparisons of proposed property taxes by jurisdiction and year (2021 vs. 2020). Residents were encouraged to review their notice and attend the public information sessions identified by each taxing entity to learn more about their 2021 property taxes. 

The City’s 2021 budget and final levy were adopted after an informational meeting on Wednesday, December 2. Look for more detailed information on the budget in the January 2021 edition of the Cottage Grove Reports.  

 

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