2016 City Budget Adopted

Last Tuesday evening at their final regular meeting of the year, the City Council approved the Eden Prairie budget for 2016.

I thought I would once again share the budget message that I provided to our city employees last week.

Eden Prairie City Council

Good Afternoon,

Last night the City Council unanimously approved the 2016 budget, which will result in a tax levy increase of 2.9 percent. This translates into no change in the City property tax for a median single-family home valued at $360,300, despite the fact that the 2016 median home value increased $21,200, or 4.9 percent. The 2016 General Fund budget totals $43,215,812 which includes a 2.5-percent base wage increase for employees and maintains our high levels of service. The majority of the goals that guided us to our final budget remain consistent with the 2015 budget, which reflects the strength and stability of the City’s leadership and financial policies:

Eden Prairie as a Premier Place

  • Preserve Eden Prairie’s exceptional image internally and externally
  • Enhance Eden Prairie’s sense of community

Operational

  • Continual review for service efficiencies and innovations
  • Continue to improve Eden Prairie’s relative position in fiscal comparisons with comparable cities

Organizational

  • Sustain current levels of employee morale and engagement
  • Enhance service levels in public safety and the maintenance of infrastructure
  • Preserve City service levels and resources

The many efficiencies and innovations we have implemented across our operations play a large part in once again keeping the tax levy increase low. Eden Prairie’s City tax rate continues to rank among the lowest when compared to 15 other comparable metropolitan areas suburbs of similar size.

The City Council commended City staff for continued efforts to find new ways to enhance services while keeping costs down. And I thank all of you for your dedication to excellence in everything we do. It clearly makes a positive difference for Eden Prairie and does not go unnoticed.

The final 2016 budget will be posted on the City’s website by the end of January.

Have a great day,

Rick