Minnetonka Budget

Preparing Minnetonka’s city budget is an eight-month process that starts with the five-year capital improvements program and wraps up with adoption of the final budget and tax levy in December. To create the budget, the city council and staff use data to ensure the budget aligns with the city’s strategic priorities. The goal is to provide innovative, responsive and quality city services while maintaining our Aaa bond rating.

2025 Tax Notice Insert

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In November, Hennepin County will mail proposed 2025 tax notices. These notices reflect 2025 preliminary tax levy increases from various taxing authorities. View an informational flyer included in the tax notice mailing.
2025-29 Capital Improvements Program

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The city council adopted the 2025-29 Capital Improvements Program (CIP) at its Sept. 23 meeting (video). The CIP reflects council direction and addresses the capital priorities of the city prudently and cost-effectively.
- View the 2025-29 Capital Improvement Program (CIP) presentation
- View the 2025-29 Capital Improvement Program (CIP)
2025 Preliminary Budget & Levy presentation

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The city council set the 2024 preliminary city levy at its Sept. 23 meeting (video). The city council approved increasing the 2025 preliminary city levy by 7.23 percent.
- View the 2025 Preliminary Budget and Levy presentation
Study Session 2025 Budget Presentation

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The city council met in a study session to discuss the 2025 preliminary city levy (audio).
- View the study session 2025 budget presentation
2024 Approved Budget

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The Minnetonka City Council adopted the 2024 budget and set the levies to be collected at its Dec. 4, 2023, meeting. These levies are the tax levy, the Minnetonka Economic Development Authority special benefit tax levy, and the Bassett Creek Watershed Management Tax District tax levy.
The 2024 budget and levy reflect the council’s commitment to public safety by beginning the multi-year implementation of the public safety master plan. The budget also looks to invest in city infrastructure by restoring funding to the city’s capital improvement program to pre-pandemic levels.
2024 Tax Notice Insert

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In November, Hennepin County will mail proposed 2024 tax notices. These notices reflect 2024 preliminary tax levy increases from various taxing authorities. View an informational flyer included in the tax notice mailing.
Office of State Auditor Performance Measurement Report

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The City of Minnetonka participates in the Office of State Auditor's Performance Measurement Program. The program identifies 10 performance measures to aid residents, taxpayers and state and local elected officials in determining the efficacy of counties and cities in providing services and measure residents' opinions of those services.
- View Minnetonka's 2022 performance measurement report
2024-28 Capital Improvements Program

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The city council adopted the 2024-28 Capital Improvements Program (CIP) at its Sept. 18 meeting (video). The CIP reflects council direction and addresses the capital priorities of the city prudently and cost-effectively.
- View the 2024-2028 Capital Improvement Program (CIP) presentation
- View the 2024-2024 Capital Improvement Program (CIP)
2024 Preliminary Budget & Levy presentation

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The city council set the 2024 preliminary city levy at its Sept. 18 meeting (video). The city council approved increasing the 2024 preliminary city levy by 5.5 percent, with an additional 2.25 percent dedicated to implementing the public safety master plan, for a total city levy increase of 7.75 percent.
- View the 2024 Preliminary Budget and Levy presentation
Study Session 2024 Budget Presentation

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The city council met in a study session to discuss the 2024 preliminary city levy (audio).
- View the study sessions 2024 budget presentation