Property taxes and the 2027 budget
Where it standsOn Sept 1, 2026 the council set a preliminary 2027 levy increase of 2.9% and a proposed budget of $70.2 million. The final vote is Dec 1, 2026.
What's on the tableThe final 2027 levy and budget in December, and the 2028 levy and budget the following year.
- The proposed levy would raise the city tax on a median-value home ($492,800) by about $40 a year. City of Eden Prairie news · Sep 9, 2026
- Nearly 70% of the proposed budget increases support public safety initiatives. City of Eden Prairie news · Sep 9, 2026
- The city manager said the 2.9% is a ceiling and recommended the council not go lower. Eden Prairie Local News · Sep 10, 2026
- Residential property is now 64.2% of the city's taxable value, up from 57.8% ten years ago. Eden Prairie Local News · Sep 10, 2026