Park Rapids’ preliminary property tax levy for 2027 just broke $4 million, up from the city’s 2026 levy of about $3.8 million.
The levy came back for city council approval on Tuesday, Oct. 22, following a Sept. 8 work session where council members agreed to increase the general fund levy by 5% from this year’s preliminary $2.8 million to $3,004,599 in 2027.
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The final levy, which will be approved after a truth-in-taxation hearing in December, may be reduced but cannot be increased from the preliminary amount, City Administrator Angel Weasner said.
In detail, the council approved a property tax levy calling for $3,004,599 in general fund revenue, a tax abatement levy of $53,576 for the Pine Crest Apartments at 1409 Finley St. and debt service levies totaling $960,013 for five general obligation bonds – all totaling $4,018,188.
The council further approved a preliminary general fund budget of $6,184,257 and set a public budget meeting for 6 p.m. on Dec. 8.
Council member Joe Christensen made a motion to approve the budget and levy, which passed 4-0, absent council member Jeremy Engholm.
In consent items and general business, the council:
- Approved a grant agreement with...