Rochester Adopts Increased Tax Levy in Nearly $720 Million 2025 City Budget
Rochester, MN (KROC-AM News)- The Rochester City Council approved the city's spending plan for 2025 on Monday night.
See Also: Taxes to Increase by Millions Across Minnesota Next Year
Next year’s budget calls for $719,842,871 in spending. That figure is made up of $394,179,716 to fund operations, $292,827,356 in capital improvements and $32,835,799 for the debt service fund.
The 2025 budget, which funds the city and Rochester Public Utilities, is supported by a $111,645,142 property tax levy.
Rochester City Council Adopts Nearly $720 Million Budget for 2025
Next year’s property tax levy is about 10% higher than 2024’s property tax levy, which was about $101.5 million.
City officials say four factors were the main influence for the increase in property tax collections.
The factors are rising costs related to labor contracts for existing employees, one-time market adjustments for police and fire, the cost of reconstructing the Silver Lake Pool.
The final factor is finishing the second step of the city's Fire Response model, which officials say provides additional emergency response coverage in the community and preserves low insurance rates.
A news release issued by the city following the budget’s approval says the increased levy will result in a $52.72 increase in the annual property tax bill for a median priced home in Rochester, which is determined to be $288,200.
The council approved the 2025 budget on a 6-0 vote. Sixth Ward Councilmember Molly Dennis was ejected from the meeting prior to the budget vote.
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Gallery Credit: Troy Dunken
